Press Releases & News Articles

HFTP Moves Forward to Publish the USALI, 12th Revised Edition, Ends Relationship with AHLA

Hospitality Financial and Technology Professionals (HFTP®) has been associated with the Uniform System of Accounts for the Lodging Industry (USALI) since the association was established in 1952. In recent editions, HFTP has provided expertise support and funding for its publication without reimbursement. Widely used across the globe as the standard for hospitality financial and operational reporting, the successive revisions to the USALI have consistently been a collaborative process between representative industry organizations, ensuring the information presented best represents current reporting standards and industry practices.

HFTP Celebrates the Upcoming 75th Anniversary of ICHRIE

Hospitality Financial and Technology Professionals (HFTP®) is pleased to support the upcoming International Council on Hotel, Restaurant, and Institutional Education (ICHRIE) Annual Summer Conference as its 75th Anniversary sponsor. The established event offers varied programming, including educational presentations on research and other academic-focused sessions, association business meetings, networking events and concluding with a Celebration Dinner and Gala. As part of its participation at the conference, HFTP will provide updates in multiple education sessions. The event will take place August 3–6 at the Renaissance Washington, D.C. Downtown Hotel in Washington, D.C. USA.

Reflecting on Smash Success of HITEC 50th Anniversary, AAHOA, CHTA, HSMAI and iHITA Help HFTP Carry It into the Future

Reflecting on the smash success of the momentous 50th Anniversary of the Hospitality Industry Technology Exposition and Conference (HITEC®), the global hospitality technology event is well-positioned to carry on the demand for a knowledge-sharing event of its kind into its next era and beyond. Produced by Hospitality Financial and Technology Professionals (HFTP®), HITEC 2022 hosted just over 6,100 attendees on June 27–30 at the Orange County Convention Center in Orlando, Florida USA. The five-decade event showcased the industry's latest technology innovations from 331 exhibitors in a 78,000 sq ft exhibit hall and provided a top-notch education program with over 50 education sessions. Already preparations for year 51 have begun with almost 70 percent of the show floor contracted for HITEC Toronto scheduled for June 26–29, 2023. HITEC is the only global, nonprofit event in the world and is also the largest and oldest.

Over 6,100 Attendees Join HFTP in Celebrating the 50th Anniversary of HITEC

The Hospitality Industry Technology Exposition and Conference (HITEC®) celebrated its 50th Anniversary with great success this week, hosting just over 6,100 attendees at the Orange County Convention Center in Orlando, Florida USA. Produced by Hospitality Financial and Technology Professionals (HFTP®), HITEC was held June 27-30. The five-decade event showcases the industry's latest technology innovations from 300+ exhibitors and provided a top-notch education program with over 50 education sessions. Spectrum Enterprise, an exhibitor and esteemed supporter of HITEC, served as the exclusive sponsor of the HITEC 50th Anniversary, joining HFTP to help make this year stand out as the special event this anniversary merited.

HFTP’s Highly Anticipated HITEC Orlando is Taking Measures to Prevent Pirate Exhibitors

To maintain its high value, plans for preventing pirate exhibitors (also known as Outboarders or Suitcasers) at HITEC 2022 (Hospitality Industry Technology Exposition and Conference) have been established for the upcoming show. It is common for unaffiliated or non-exhibiting vendors to take advantage of the show's popularity by promoting their wares leading up to and near the show, or on the exhibit hall floor in an unofficial capacity. Some plan product demonstrations and similar events to "steal" attendees from conference organizers and supporters. Such practices weaken the show's worth to its supporters and organizers. The producer, HFTP® (Hospitality Financial and Technology Professionals), is enacting preventive measures to restrain pirate exhibitors, including rules prohibiting unofficial companies from associating themselves with HITEC, stepping-up security and increasing awareness of the issue among HITEC constituents and official HITEC hotels.

HFTP and AAHOA Partner to Support Each Association’s Initiatives

Hospitality Financial and Technology Professionals (HFTP®) and the Asian American Hotel Owners Association (AAHOA) have partnered with an allied agreement, connecting the two leading hospitality associations. Both HFTP and AAHOA have a shared interest in advancing the hospitality environment to the benefit of their members and the overall industry. The groups, who have long supported each other, will promote and have a presence at each association’s events, offer collaborative benefits to young professional members and more.

HFTP Announces Spectrum Enterprise as Exclusive Sponsor of HITEC 50th Anniversary Celebration

Five decades is a significant milestone to reach, and to commemorate this anniversary Hospitality Financial and Technology Professionals (HFTP®), producer of the Hospitality Industry Technology Exposition and Conference (HITEC®), will celebrate with the help of the exclusive sponsorship support of Spectrum Enterprise. HITEC started off as the Computer Users Conference on April 17–19, 1972 at the Statler Hilton Hotel in Dallas, Texas with only 38 attendees. Fifty years later, HITEC is expected to host 4,500+ attendees and 300+ exhibiting companies at the Orange County Convention Center. Spectrum Enterprise, an exhibitor and esteemed supporter of HITEC, will join HFTP to make this year stand out as the special event this anniversary merits.

HFTP Announces Participating Startups for Entrepreneur 20X (E20X) at HITEC Orlando and Winners for E20X at HITEC Dubai in 2022

Hospitality Financial and Technology Professionals (HFTP®), producer of Hospitality Industry Technology Exposition and Conference (HITEC®), announce the exceptional startups to receive awards at E20X Dubai held May 25, 2022 at HITEC Dubai, co-located with The Hotel Show at the Dubai World Trade Center.

HFTP Announces 2022 Inductees to the Hospitality Technology Hall of Fame: Jeff Bzdawka and Jeff Edwards; Honored at HITEC Orlando Next Month

Hospitality Financial and Technology Professionals (HFTP®) is pleased to announce two champions of hospitality technology, Jeff Bzdawka and Jeff Edwards as the 2022 HFTP International Hospitality Technology Hall of Fame inductees, both recognized for their experience and leadership in promoting hospitality innovation and technology. Bzdawka serves as CEO at Knowland. Edwards is senior vice president of Property, Owner and Enterprise Products and Platforms at InterContinental Hotels Group (IHG). The 2022 inductees will be honored at the upcoming Hospitality Industry Technology Exposition and Conference (HITEC®) in Orlando, Fla. on June 28, 2022.


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