HFTP Connect · 14 Jul
The Covid-19 pandemic has had a significant impact on the financial wellbeing of hotels around the world, especially in regions that have experienced

HFTP Connect · 14 Apr
With two major “black swan” events within 12 years of each other, we can learn from the 2008 financial crisis to help ensure internal controls and bu
HFTP Connect · 27 Jan
Most clubs understand the importance of having a budget in place. The budget is an essential tool for supporting business growth, improving profitabi
HFTP Connect · 17 Nov
If your processes are not tight, you may be bleeding money. And who can afford that in 2020? PKF O’Connor Davies presented on Accounting Processes an

HFTP Connect · 29 Oct
Written by: Claire Kenney, Cyber HITEC Guest Blogger Each year, the Hospitality Industry Technology Exposition and Conference (HITEC) facilitates ong
HFTP Connect · 9 Oct
How can you forecast for meetings, business conferences, weddings and special holiday gatherings like those that take place at Christmas when you hav
HFTP Connect · 31 Aug
The HFTP Connect blog features hundreds of posts that have been collected, researched, written and published for the purposes of continuing education
HFTP Connect · 27 Aug
Since March of this year, the hospitality industry has been trying to figure out its new financial target — the best approach to get back on track to
HFTP Connect · 27 Jul
As a result of COVID-19, hotel operators have been forced to make tough decisions, including the most basic one on whether to keep the lights on. Man
HFTP Connect · 22 Jun
In just a few short months, our world has changed from a strong and steady economy, solid revenues and overall happiness to great concerns for our he
HFTP Connect · 21 Jun
This is not the first time that the hospitality industry has had to respond to major changes.
HFTP Connect · 17 Jun
As a result of the current economic situation, entities that own or lease hotels are eligible to apply for and receive a loan under a government assi
HFTP Connect · 8 Jun
The first week of June kicked off with a general HFTP Hangout that covered hotel market trends and trajectories, presented by CBRE Hotels Advisory re

HFTP Connect · 4 Jun
During the Covid-19 global pandemic, some governments have decided to support industries with significant revenue losses and offer wage grants/subsid
HFTP Connect · 27 May
Currently, the Uniform System of Accounts for the Lodging Industry, 11th Revised Edition (USALI) does not consider the possible alternative use of ho
HFTP Connect · 17 Apr
In a time when hospitality finance professionals are unsure about the state of their profession – when many have been laid off or furloughed and othe
HFTP Connect · 19 Mar
This blog post is part two of a two-part series on loyalty program fraud. Part one on HFTP Connect covered loyalty program fraud committed by custome
HFTP Connect · 17 Mar
Each day, new recommendations from the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) in the United States
HFTP Connect · 12 Mar
From airlines to zoos, organizations continue to strategically leverage rewards and loyalty programs to win over and retain customers. There are many
HFTP Connect · 10 Mar
As it has done every other year for the past 30 years, the HFTP Americas Research Center, overseen by the HFTP Foundation, will produce a new biennia