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Article - The Role of USALI and Operational Benchmarking in Financial Management - By Arlene Ramirez - In the hospitality sector, the Uniform System of Accounts for the Lodging Industry 11th edition (USALI) serves as a standardized framework, enabling hotels to utilize operational benchmarking effectively to assess and enhance their financial performance. When hotels adapt USALI reporting, leveraging its structured approach, they can compare their financial performance against industry standards and competitors.

Hospitality Financial and Technology Professionals (HFTP®) announced the HITEC Investment Conference (HITEC-IC), a new event designed to connect hospitality technology company executives with the investment community. Scheduled for June 27–28, the conference will be co-located with the 2024 Hospitality Industry Technology Exposition and Conference (HITEC®) where 325+ companies, from start-ups to established global brands, will present the latest innovative technology solutions to the hospitality industry. As the singular location for global hospitality technology and longest-running show o...

TOPOCK — The Topock Elementary School District governing board on Jan. 19 discussed issues with the district's financial reporting.

Hospitality Financial and Technology Professionals (HFTP®), producers of the Hospitality Industry Technology Exposition and Conference (HITEC®), has announced that attendee registration for this year’s North American event is now alongside hotel reservations via HITEC’s official housing service.

Austin, Texas — Hospitality Financial and Technology Professionals (HFTP®), producers of the Hospitality Industry Technology Exposition and Conference (HITEC®) has assembled an expert group of industry professionals to serve on the advisory council for its upcoming North American event. HITEC is the largest and longest-running nonprofit event of its kind hosting 300+ exhibiting companies and a thoughtfully designed education program with over 50 education sessions. In its five-plus decades, HITEC has become a respected, must-attend event for the industry. HITEC 2024 will take place from Ju...