Hospitality Financial and Technology Professionals’ (HFTP(R)) Education Advisory Council has designed an education program for the Club and Hotel Controllers Conferences that address current hospitality controller issues.

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Gift is largest ever to a hospitality school or program in the western United States

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As hospitality property owners and managers do business throughout 2009, they should keep in mind these tax tips that can possibly minimize tax exposure.

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Mintel Menu Insights reports increase in mini food, value prices and lighter options

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The U.S. Travel Association announced that the newly named Chief Executive Officers for Orbitz Worldwide (NYSE: OWW), Barney Harford, and Travelocity Global, Hugh Jones, will be headline speakers at the U.S. Travel Association’s TravelCom’09. The event will be held March 31 - April 2, 2009 in Atlanta, GA.

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The U.S. hotel industry posted declines across the board during the week of 18-24 January 2009, according to data from STR. However, Washington, D.C., enjoyed the benefits of President Barack Obama’s inauguration as the market’s performance was up markedly-which included year-over-year revenue per available room figures that more than doubled from 2008.

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The key to increasing mid-week trade is to create a special reason to visit.

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As a supplier for the hospitality industry for two decades, it has always been interesting to see how hotels and hotel companies react during times of economic downturn. This current downturn has been especially interesting to observe because for most hotels, it follows several years of record profits, which all seasoned veterans know can’t last forever. Even with the downturn many hotels will still produce respectable profits next year overall.

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Choice Hotels International (NYSE: CHH) today announced the 125-suite Cambria Suites hotel in Columbus near the Polaris Fashion Center opened its doors to guests last week, marking the first Cambria Suites hotel to open in 2009 and the second to open in Ohio under the American Hospitality Group.

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Classic cost accounting techniques help operators to decide whether to close or stay open depending on expected sales volume. Generally, it is beneficial to remain open if your sales covers all variable costs and contributes to your fixed costs. If you can’t even cover your variable costs, you would find more profits by closing your doors.

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