Hospitality Financial and Technology Professionals announced today during HOSPACE 2015 that they are going to offer several layers of partnerships in its new events planned for 2017 in Europe and Asia. Since the announcement in June of the planned expansion of the events, HFTP has conducted considerable research to determine the best approach that will benefit the industry the most.

"Since the industry approached HFTP to expand the HITEC brand worldwide, we want to fulfill our obligations in the best possible manner, said Frank I Wolfe, CAE, HFTP's CEO. Therefore, we are going to approach both industry associations and some of the conference producers that we have previously worked with to give them a chance to have minority ownerships in HITEC Europe and HITEC Asia."

Because of the sizes and scopes of industry associations, HFTP will offer multiple levels of opportunities from an outright minority partnership to a one-off supporter package. More details of these opportunities will be provided in the coming weeks.

"As a global association with members spanning six continents, we believe that the expansion of HITEC will be an opportunity to build the exchange of information within the hospitality technology community, which has gained great importance within the industry, said Arlene Ramirez, CHAE, CHE, CHIA, MBA, HFTP 2016 President and Principal ADR Consulting. By offering other groups a chance to participate and have minority ownership from the beginning, we believe that the industry will be better served by creating multi organization supported events rather than a series of one off events."

About HFTP

Hospitality Financial and Technology Professionals (HFTP®), established in 1952, is a hospitality nonprofit association headquartered in Austin, Texas USA with offices in the EU and Middle East. HFTP is recognized as the spokes group for the finance and technology segments of the hospitality industry with an international network of members and stakeholders. HFTP uniquely understands the industry's pressing issues, and assists its stakeholders in finding solutions to their challenges more efficiently than any organization. HFTP offers expert networks, educational resources, career development programs, research, leadership opportunities and conferences and events. HFTP produces international events throughout the year, including the world's largest hospitality technology tradeshow and conference brand: HITEC. In addition, it oversees the hospitality-specific Pineapplesearch.com® and the Uniform System of Accounts for the Lodging Industry (USALI). For more information about HFTP, visit www.hftp.org. For the latest news, visit the HFTP News page at news.hftp.org and the HFTP Connect blog at blog.hftp.org.

Eliza Selig
Staff VP, Marketing and Communications
+1 512 220 4026
HFTP