Foresight and innovation in
the global hotel industry

Introducing the GHACP | By Frank Wolfe

Chief Executive Officer (CEO) at HFTP
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Hospitality Finance and Technology Professionals (HFTP) is in the unique position that we represent two fields in the hospitality industry that intertwine naturally within our practices: the finance and technology segments. Taking its role as an industry resource provider seriously, HFTP has produced and is releasing this fall the Global Hospitality Accounting Common Practices (GHACP) database — a tool that uses cutting-edge technology to provide users a way to compare global accounting practices. Delivered as an interactive web site, the GHACP is a searchable database of detailed operating financial reporting practices used at lodging properties around the world, along with guidance on industry standards, and commentary and analysis from industry experts.