Advertisement

News

Opinion Article

Begin With The End In Mind – Creating a Financially Engaged Leadership Team In Your Hotel

Creating a financially engaged leadership team in your hotel is no different from creating a strong guest service culture or a team that has colleague and leader engagement as their mission. What you attend to grows, it’s that simple. What’s different with the finances is you and your focus. The picture you want to create needs to be clear, and you need to have a plan to follow and resources to employ to create financial leadership. It’s no different from guest service or colleague engagement. We would not expect these two disciplines to grow and prosper in our hotel on their own. No, we recognize that these require constant attention and nurturing. The financial leadership in your hotel is exactly the same.

David Lund
By David Lund, The Hotel Financial Coach, David Lund
Opinion Article

2025/26 Federal Per-Diem Update: Steady Rates Ahead

The federal government per-diem rate is made up of a lodging allowance and a meals and incidental expense (M&IE) allowance. The per-diem lodging rates, which set the maximum amount a federal traveler can reimburse, are based on the average rates for mid-priced hotels and are set annually by the U.S. General Services Administration (GSA). A standard rate applies to most of the continental United States (CONUS), while individual rates apply to about 300 non-standard areas (NSAs), mostly comprising primary destinations or key cities.

Chelsey Leffet
By Chelsey Leffet, Managing Director, Northeast Leader, HVS
United States
Opinion Article

H1 2025 European Hotel Transactions

Transaction activity remained high in the first half of 2025, marginally shy of the 2024 levels over the same period but, at €10.4 billion, above the average for the last decade. Single-asset deals were at the forefront of the investment landscape in H1 2025, with the total number of transactions increasing by 21% year-on-year. An increase of 9% in the average number of rooms per hotel transacted has led to a decrease in the average price per room of 8% compared to H1 2024.

Sophie PerretMaxime Gauthier
By Sophie Perret and Maxime Gauthier
Press Release

HFTP Dubai Chapter Hosts Insightful Session on USALI 12th Revised Edition

This week, the HFTP and the HFTP Dubai chapter successfully hosted an event at the Hilton Dubai Palm Jumeirah on September 23. The gathering brought together 87 hospitality leaders from across Dubai’s leading hotel brands, reinforcing HFTP’s commitment to knowledge-sharing and professional development within the hospitality finance and technology community.

HFTP
Dubai, United Arab Emirates
Opinion Article

Dynamic Budgeting: Redefining the True Cost of Visibility

For too long, the debate around hotel distribution has been framed within a deceptively simple equation: place the commission paid to an OTA on one side, measure the acquisition cost of a direct booking on the other, and then declare whichever is lower the winning option. If a marketing campaign produces a cost per acquisition above the sacred 20 percent commission threshold, it is quickly branded as inefficient, a waste of money, an error to be avoided. This binary reasoning, however, is an intellectual shortcut that strips the discussion of its deeper meaning. It overlooks the fundamental truth that the direct channel is not merely another distribution outlet in a portfolio of options, but the sovereign foundation of the hotel itself, the only arena where control over communication, guest data, and the relationship can be fully maintained.

Piergiorgio Schirru
By Piergiorgio Schirru, Executive Vice President & Board Member, Blastness
Ad HITEC 2026
Visit HITEC 2026 in San Antonio!

HITEC is the center for the latest conversations on hospitality technology. Come and see the technology shaping the industry.
Hospitality Financial and Technology Professionals (HFTP)
Supplier News

Fairmas Appoints Chiara Gianformaggio to Drive Growth in the Italian Hospitality Market

Fairmas, a leading provider of financial planning and analysis software for the hospitality industry, is pleased to announce the appointment of Chiara Gianformaggio as Business Development Manager, Italy. This strategic move marks a significant step in Fairmas’ international growth strategy, with a focused commitment to the dynamic and evolving Italian hospitality market.

Fairmas GmbH
Press Release

New Survey: Majority of Hoteliers Scaling Back Development Plans

Rising costs and uneven demand challenges are placing a significant strain on hotel investment and operations, according to a new survey conducted by the American Hotel & Lodging Association (AHLA), the leading voice representing all segments of the hotel industry. The survey, conducted in late August, featured input from nearly 400 hotel property owners and operators nationwide.

AH&LA
United States
Ad #1 Hotel PMS
See why hotels are switching to Mews

Revenue up. Manual work down. Hotels using Mews see 35% higher RevPAR and 45% more upsells. Book a free demo. 
Mews
Opinion Article

Budgeting for 2026: A Strategic Approach for Hoteliers

Budget season isn’t just about numbers—it’s about vision. As a hotel finance executive, I have found that success in 2026 will come down to discipline, collaboration, and clarity. Hoteliers face a marketplace defined by uncertainty: shifting demand patterns, evolving technology, rising operating costs, and persistent talent pressures. Yet, uncertainty is precisely why a strong, collaborative budgeting process is essential.

Paul Isaacson
By Paul Isaacson, Chief Financial Officer, Hospitality America
Opinion Article

Budgeting for Experiential Tech in 2026: Why Hoteliers Cannot Afford to Wait

As summer winds down and the robust vacation season slows, it’s time for resort and venue operators to shift gears and ramp up for budget season. Fall offers the perfect opportunity to take a step back, evaluate what worked, what didn’t, and new opportunities to improve both operations and revenue in the coming year. With advances in experiential technology and AI, businesses can plan smarter, crafting memorable guest experiences that align with evolving expectations while staying budget-conscious.

Tracee Nalewak
By Tracee Nalewak, Chief Growth Officer, UrVenue
Opinion Article

The Hotel Brands of the World

About a year ago, I shared the Hotel Brand Pyramid a chart I had picked up at a seminar. It turned out to be both old and incomplete, and the feedback came in fast: wrong brands, missing brands, and far too simplistic for today’s hotel landscape. Fair enough. So, together with the 10minutes.news team, we set out to make the definitive version: The Hotel Brands of the World infographic.

Martin Soler
By Martin Soler, Partner, Soler & Associates
Report

How AI sharpens decision-making for hospitality

Running a hotel portfolio means being in a constant balancing act. One property might be chasing group business, another is battling seasonal dips, and a third is pushing to lift guest satisfaction scores. Decisions pile up fast, and too often leaders only get clarity when the numbers are already in and the chance to act has passed.

Cvent Europe Ltd
Opinion Article

A Recipe for Cost Control Success: 5 Lessons from F&B for Hotel Budget Season

As hotels move into budget season, executives are once again scrutinizing expenses across departments. Food and beverage (F&B) often takes center stage because the practices for managing costs there are well established: portion sizes are tracked, spoilage is audited, and menus are engineered to maximize profitability. Operators know that without discipline, margins can erode quickly.

Mike Pavicich
By Mike Pavicich, Director, Global Sales, SalesAndCatering.com, LLC
Opinion Article

Lessons in Scalable Growth: How We Closed 150+ Transactions Across 20 Markets Without Losing Local Relevance

Scaling a business is easy to talk about, but rarely easy to do, especially when the ambition involves not only new markets, but also new cultures, regulations, and expectations. Over the past decade, I’ve had the opportunity to support the growth of a global hospitality group, closing over 150 transactions and entering more than 20 new markets across EMEA. Through that journey, I’ve learned that sustainable expansion isn’t about copying and pasting a playbook. It’s about designing a framework flexible enough to adapt - yet rigorous enough to scale.

Ramsay Rankoussi
By Ramsay Rankoussi, Regional Chief Development Officer, Radisson Hotel Group