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Press Releases: Press Releases

HTNG and HFTP Sign Partnership Agreement to Strengthen Resources for the Hospitality Industry

Thursday, September 6, 2018  
Posted by: Emily Wilson

Two hospitality technology organizations to work together to cross-promote education and resources

CHICAGO (September 6, 2018) - Hospitality Technology Next Generation (HTNG) and Hospitality Financial and Technology Professionals (HFTP®) announced during Hospitality Upgrade's Annual CIO Summit that they established a partnership geared toward strengthening the progression of technology in the hospitality industry. The agreement is based on both organizations' desire to use each group's complementary strengths and resources to advance technology in the hospitality and travel industries.

"For years, HFTP and HTNG have worked in parallel in support of the hospitality technology industry," said HFTP CEO Frank Wolfe. "Each organization has made great progress toward bringing the community together to establish education, standards, best practices and resources. Recognizing that working closer together would better serve the industry, the leadership of HTNG and HFTP has formed this partnership."

The two organizations are member-based nonprofits which draw from their volunteers' extensive knowledge bases to develop and present educational opportunities, industry standards, best practices and other resources. Through this agreement, HTNG and HFTP will cross-promote the programs of each organization to maximize the benefits and impacts of these efforts.

"HTNG and HFTP have played important roles in advancing technology in the hospitality and travel industry. With similar, but complementary missions, this partnership will bring the organizations closer together and codify the informal cooperation that has existed since HTNG's founding 16 years ago," said Mike Blake, CEO of HTNG.

The partnership establishes a corresponding presence within each organization's events and activities. The groups will promote each other's events on online calendar listings and news sites; as well as support each group's programs, including HFTP certifications and the HTNG Workgroups. Also, both HTNG and HFTP will invite leadership representatives from the other organization to participate in events, programs and advisory councils.

One of the first things the two organizations have agreed to do is to resurrect the Hospitality Technology Strategic Initiatives Council, co-founded by HTNG and HFTP in 2009. The council was composed of senior-level, industry leaders and related hospitality/travel associations to discuss pressing industry needs as they relate to hospitality technology. The council will work to identify industry initiatives and will determine the best possible home for these initiatives to reduce duplication efforts.

 

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About Hospitality Technology Next Generation (HTNG)

The premier technology solutions association in the hospitality industry, HTNG is a self-funded, nonprofit organization with members from hospitality companies, technology vendors to hospitality, consultants, media and academic experts. HTNG's members participate in focused workgroups to bring to market open solution sets addressing specific business problems. HTNG fosters the selection and adoption of existing open standards and also develops new open standards to meet the needs of the global hospitality industry.

Currently more than 400 corporate and individual members from across this spectrum, including world leading hospitality companies and technology vendors, are active HTNG participants. HTNG's Board of Governors, consisting of 24 top IT leaders from hospitality companies around the world, itself has technology responsibility for over 2.5 million guest rooms and world-leading venues. HTNG publishes workgroup proceedings, drafts and specifications for all HTNG members as soon as they are created, encouraging rapid and broad adoption. HTNG releases specifications into the public domain as soon as they are ratified by the workgroups. For more information, visit www.htng.org.

 

About Hospitality Financial and Technology Professionals (HFTP)

Hospitality Financial and Technology Professionals (HFTP®), established in 1952, is a hospitality nonprofit association headquartered in Austin, Texas USA with offices in Hong Kong, United Kingdom, The Netherlands and Dubai. 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. The association also owns the world's only hospitality-specific search engine: PineappleSearch.com®. 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.

Follow HFTP on social media Facebook (@HFTPGlobal); LinkedIn; Twitter (@HFTP); Instagram (@HFTP_HITEC). Stay tuned to HFTP's industry-specific, informational news sites: HFTP NewsHITEC BytesHFTP Club Bytes, HFTP Finance BytesHFTP GDPR Bytes and HFTP FB Bytes. HFTP event photos are available on Flickr, and HFTP event videos are available on YouTube.

 

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