HFTP Announces 2024–2025 Global Executive Committee and Board of Directors
Hospitality Financial and Technology Professionals (HFTP®) has announced its 2024–2025 HFTP Global Executive Committee and Board of Directors, effective November 1, 2024.
Press Releases
A New Leader in Europe: Pyramid Global Hospitality Expands with Axiom Hospitality Merger
Pyramid Global Hospitality announces the strategic merger of the company’s European division, Hamilton Pyramid Europe, with Axiom Hospitality. The two hotel management companies are combining to create the UK and Continental Europe’s hotel and resort management company of choice for the region’s leading hotel sector investors.
PM Hotel Group and Sightline Hospitality Announce Strategic Merger
PM Hotel Group, a leading hospitality management company, and Sightline Hospitality, renowned for its experiential travel and innovative property management, are pleased to announce a strategic merger. This partnership marks a significant development in PM Hotel Group’s growth trajectory, specifically within PM Hotel Group’s lifestyle hotel division Modus by PM Hotel Group, complementing and deepening the organization’s distinct verticals of lifestyle, unconventional hospitality and experiential travel. The merger expands PM Hotel Group’s footprint across the United States, positioning the newly combined entity to deliver unparalleled management excellence and redefine luxury and lifestyle, driving enhanced value for property owners while offering guests a diverse range of premium accommodations and immersive experiences.
U.S. Travel Calls on Congress to Pass Critical Disaster Relief by Thanksgiving Holiday
In a letter delivered on Friday, the U.S. Travel Association called on Congressional leaders to pass substantial disaster relief to regions devastated by Hurricanes Helene and Milton as soon as Congress reconvenes.
Davidson Hospitality Group Announces New Partnership with Nautic Partners Following Sale by an Affiliate of KSL Capital Partners
Davidson Hospitality Group, a leading hospitality management company celebrating its 50th anniversary this year, today announced that it has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partnership, Nautic Partners will acquire Davidson Hospitality Group from an affiliate of KSL Capital Partners, LLC, in partnership with Davidson management.
AHLA announces appointment of Rosanna Maietta as President & CEO
The American Hotel & Lodging Association (AHLA) announced today that Rosanna Maietta has been selected to serve as the association’s next president & CEO, effective Nov. 14. Maietta is a talented executive with a global career marked by success working alongside boards and leading teams to high performance. Over the span of her career, she has achieved exceptional success in public affairs, strategic planning, association management, team building, and leadership.
UN Tourism Celebrates Excellence and Innovation at Qatar Tourism Awards
The second edition of the Qatar Tourism Awards welcomed around 1,200 applications from businesses and individuals working in the sector. The different categories and sub-categories were designed to reflect the diversity of Qatar's growing tourism sector. Between 2019 and 2024, international arrivals to Qatar grew by 147%, with the sector also a growing hub for tourism innovation and investments.
U.S. Travel Praises Progress on Visa Processing
Travel Association President and CEO Geoff Freeman issued the following statement on the Biden administration's announcement of goals for travel and tourism in 2025.
It's A Wrap! 2024 HFTP Annual Convention
Hospitality Financial and Technology Professionals (HFTP®) HFTP hosted its signature education and membership event, the 2024 Annual Convention, at the Mohegan Sun Resort and Casino in Uncasville, Conn., from October 23-25, 2024. The convention brought together 300 club and hotel industry experts, thought leaders, and members to explore the latest trends, share insights, and foster professional connections. This year’s event offered a dynamic blend of educational sessions, inspiring speakers, interactive panels, a tabletop exhibition, networking opportunities, and engaging social activities. Tailored to address the evolving challenges in the hospitality industry, sessions focused on best practices, fraud prevention, emerging technologies, employee retention, financial reporting, legislative updates, and more.
AAHOA Expresses Disappointment Over Passage of New York City Council’s Safe Hotels Act
AAHOA (Asian American Hotel Owners Association) is deeply disappointed by the New York City Council’s decision to pass the Safe Hotels Act on Wednesday, October 23, despite recent revisions. While the exemption for hotels with fewer than 100 rooms offers relief to some, AAHOA remains concerned about the adverse effects of this legislation on the broader hotel industry, particularly minority-owned businesses. The revisions fail to address industry leaders’ critical concerns throughout the legislative process.
María Quintero of HVS Middle East & Africa is the 2024 Recipient of the ISHC Lori Raleigh Award for Emerging Excellence in Hospitality Consulting
The International Society of Hospitality Consultants (ISHC) has named María Quintero of HVS Middle East & Africa as the recipient of the annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. María was honored at the ISHC annual conference held 26-28 September at the St. Regis Dubai, The Palm. As the winner, María received a one-year associate membership to ISHC to further professional relationships and experience all that the Society has to offer through planned events and networking with top hospitality industry consultants from around the globe.
Hotel Association of NYC Applauds Passage of Safe Hotels Act
The Hotel Association of New York City (HANYC) issued the following statement regarding the New York City Council’s passage of Intro 991, known as the “Safe Hotels Act.”
Stella Blythe Receives 2024 Rising Star Award Asia Pacific
The International Society of Hospitality Consultants (ISHC), in partnership with the Hotel Investment Conference Asia Pacific (HICAP) awarded Stella Blythe, Director, Hotels and Hospitality, Asia at CBRE, with the Rising Star Award Asia Pacific during the HICAP event on 17 October 2024.
Introducing WiZiU, Covivio’s hotel management platform
The year 2024 marks a significant step forward in Covivio's drive to strengthen its position in the hotel sector. The Group is now entering a new phase in the development of its hotel management platform: the consolidation of the assets held jointly with AccorInvest, scheduled for the end of November, will trigger a change of scale in terms of size and growth momentum. This is an opportunity for Covivio to acknowledge the new dimension of its platform and give it a new identity: WiZiU.
Trilogy Hotels marks its entry into the NT, inking a major deal to operate three hotels
Building on its strong growth, independent hotel management company Trilogy Hotels, has set its sights on the Darwin market, announcing today a significant partnership with the notable local family-run DCOH Group. This important deal will see Trilogy take charge of 417 rooms across three hotels, including Novotel Darwin CBD, Frontier Hotel Darwin and Smith Hotel Darwin.
TROO Hospitality announces arrival in Central London with iconic Corus Hyde Park hotel
TROO Hospitality has announced a milestone achievement with its first property in Central London, following a partnership appointment with Immersive Hospitality Management, to manage the iconic Corus Hotel Hyde Park, located at 1 Lancaster Gate.
Newport Expands Portfolio with Management Acquisition of Two Altoona, Pennsylvania Hotels
Newport is proud to announce the acquisition of management responsibilities for the Wingate by Wyndham Altoona Downtown/Medical Center and Microtel by Wyndham Altoona, effective October 1, 2024. This strategic addition to Newport’s portfolio reflects the company’s commitment to delivering unparalleled hospitality experiences and investing in properties that offer value to both business and leisure travelers.
Brittain Resorts & Hotels to Assume Management of Provident Hotels & Resorts Portfolio
Officials of Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company in the Southeast, today announced the company has partnered with Provident Hotels & Resorts to operate its prestigious portfolio of eight hotels and resorts located throughout Florida.
Valor Hospitality To Manage First Property in Saudi Arabia
Valor Hospitality Partners a leading global full-service hotel management company, is proud to announce the signing of its Lifestyle property in the Kingdom of Saudi Arabia, in the city of Abha, the capital of the Aseer region. The upscale Hijla Hotel, owned by Mr. Mohammed Manaa Almounis and Mr. Samir Muhammad Al Qahtani, and Kayan Almusanada company, in collaboration with the Tourism Development Fund (TDF), is slated to open its doors in the 2nd semester of 2025. This new venture represents a significant milestone for Valor Hospitality Partners to expand its portfolio in Saudi Arabia.
U.S. Travel to Congress: Pass Hurricane Disaster Relief as Quickly as Possible
U.S. Travel Association President and CEO Geoff Freeman issued the following statement calling for Congressional action to fund hurricane disaster relief.