HFTP Expands Reach with Strategic Acquisition of Key Hospitality Brands

Hospitality Financial and Technology Professionals (HFTP®), a prominent global association for finance and technology professionals in the hospitality industry, has strategically acquired several influential hospitality brands, reinforcing its position as a leading resource and event provider for the global hospitality community. The acquisition encompasses Hospitality Upgrade, Hotel-Online, the CIO Summit, and the Executive Vendor Summit.

Hospitality Upgrade, renowned for its industry-leading technology publication, delivers a wealth of knowledge through its print and digital magazine, the Watercooler newsletter, various social channels, and annual events. Hotel-Online, established as the longest-running online news source for the hotel industry, offers daily insights through its e-newsletter, featuring relevant news stories, reports, and columns tailored to hospitality professionals.

The CIO Summit and Executive Vendor Summit, both premier C-level events, provide unmatched networking opportunities and programs specifically designed for top industry executives, enhancing leadership and strategic engagement within the sector.

Reflecting on over three decades of industry leadership and innovation, Rich Siegel, founder of Siegel Communications, Inc., expressed enthusiasm about the transition, stating, “After 32 years of innovation and collaboration, I am happy to announce the successful transition of Hospitality Upgrade, Hotel-Online, the CIO Summit, and the Executive Vendor Summit to HFTP. Our partnership has flourished, paving the way for continued success and growth in the industry.”

Frank Wolfe, CEO of HFTP, highlighted the significance of the acquisition, saying, “This acquisition represents a significant milestone for HFTP and underscores our commitment to providing valuable resources and networking opportunities for hospitality professionals. We are excited to welcome the teams behind these respected brands to the HFTP family and look forward to enhancing the services and offerings available to our members.”

This strategic move allows HFTP to broaden its impact and offer a more comprehensive array of resources, events, and educational opportunities to professionals in the hospitality industry. Subscribers and attendees of the acquired brands can anticipate a seamless transition with continued access to high-quality content and programming under the expanded HFTP umbrella.