HFTP’S CORE PURPOSE

1. HFTP’S CORE PURPOSE To provide a forum for continuous learning and knowledge sharing.

2. GOALS OF THE ASSOCIATION • To be the primary source and resource for hospitality information in the areas of finance and technology • To provide diverse industry opportunities for personal and professional growth • To be recognized within the hospitality industry as the single source for certified professionals, publications, education, and industry standards and policies

3. RESOURCES TO HELP YOU ON THE JOB • Benchmarking ratios - giving you competitive comparisons for both clubs and hotels • Biannual Compensation and Benefits Survey- 2008 survey provides data comparisons to 2006, 2004 and 2002 (published Fall 2008) • Research Institute- routine research services free of charge • ProLinks- topic-related online communities and education sessions • Career Center- Jobs added daily- post and review resumes; post and review job openings in the industry • Membership Directory- online and printed • News feeds- relevant to the hospitality industry • HFTP event calendar

4. HFTP Research Institute • HFTP Research Institute – Established at the Conrad Hilton College at the University of Houston, the Institute provides: • Benchmarking ratios - giving you competitive comparisons for both clubs and hotels • Biannual Compensation and Benefits Survey- 2008 survey provides data comparisons to 2006, 2004 and 2002 (published in Fall 2008) • Research- routine research services free of charge

5. Publications • The BottomLine- bimonthly, award-winning industry journal • The Infoline- monthly e-newsletter • Membership and Resource Guide- directory of members, partners, and allied associations; distributed to HFTP members annually • Industry Reference Texts

6. Publications

7. Publications • Industry Reference Texts – Updated versions of industry standards and study guides • Accounting for Club Operations • Uniform System of Financial Reporting for Chapters • Uniform System of Financial Reporting for Clubs • Uniform System of Accounts for the Lodging Industry  • Uniform System of Financial Reporting for Spas • Certified Hospitality Accountant Executive (CHAE) Study Package • Certified Hospitality Technology Professional (CHTP) Study Package

8. Uniform System of Accounts for the Lodging Industry- Tenth Edition • New Edition- Released October 2006 • Information about ordering on www.hftp.org or call (800) 752-4567 AH&LA & HFTP Members Price: $44.95; Non-member Price: $63.95 • Some changes include: • Account titles altered to reflect typical lodging terminology • Summary Operating Statement allows for only four sources of revenue • More guidance concerning resort fees, wholesaler sales, mixed-use properties, and allowances • New ratios on gross operating profit, income before fixed changes, and net operating income

9. Local Networking OpportunitiesHFTP chapters • HFTP members have a global network of over 4,800 professionals and 50+ chapters  • Chapter Involvement – Attend local chapter meetings and network with your peers to address issues that affect you locally

10. Chapter Leadership Opportunities • Chapter Leadership Opportunities: Chapters are always looking for members who are interested in enhancing their leadership skills and increasing their professional recognition. • Individual Volunteer:Chapters need individuals to contact potential members, write articles for newsletters, call current members to remind them of meeting dates, greet new members, find new speakers, and much more. • Committees:This is your opportunity to utilize your many skills and talents to help your chapter achieve its goals. • Board of Directors/Officers:As a board member or officer, you will be an integral part of the chapter’s decision-making process help in determining the chapter’s future.

11. Networking Opportunities • ProLinks – Online communities provide members with the ability to network with fellow professionals worldwide • Features • Discussion Forums • Online Interactive Seminars • Educational Sessions • Document Sharing • Helpful Links • Event Calendar • And More! • Topic-Based Communities • Hotel Finance • Club Finance • Hospitality Technology • Resort Finance • Food & Beverage

12. ProLinks Information • Since the launch of ProLinks in 2004, over 80% of questions/discussions posted in the forums have received responses • ProLinks Online Educational Sessions • Attendees’ experiences overwhelmingly positive • 100% of attendess of ProLinks Online Educational Sessions say they will attend sessions in the future • Hundreds of attendees have received educational credit • Now offering CPE for online sessions

13. Education & Professional Development • HFTP’s education and certification programs are designed to give you the professional knowledge you need to succeed in your career • HFTP’s conferences and tradeshows bring hospitality professionals from around the world together

14. Continuing Education • HITEC (Hospitality Industry Technology Exposition & Conference) • The largest showcase of latest hospitality technology in the world • Educational session designed to fit a spectrum of technology knowledge • Annual Convention & Tradeshow • Distinct educational tracks developed for different professional focus • Tracks include – hotel, club, international & leadership • Professional Development Seminars • EHTEC (European Hospitality Technology Education Conference) • Club & Hotel Controllers Conferences • Caribbean Hospitality Finance and Technology Conference • Asian Hospitality Finance and Technology Conference • Leadership Academy • ProLinks educational sessions • Live, online sessions designed specifically for HFTP members

15. Hospitality Industry Technology Exposition & Conference HITEC • Demonstrating the latest high-tech innovations that are a part of the diverse hospitality technology industry. • Experts will cover a spectrum of topics from the basics to the cutting edge. • Over 300 exhibitors occupying 600 booths featuring every facet of hospitality technology, products, equipment and services. • NEW at HITEC 2007-Club Technology Pavilion-A special display area in the HITEC exhibit hall showcasing specialized club technology

16. GUESTROOM 20X • HFTP announced a new name for its innovative model hotel room exhibit. GUESTROOM 2010 is now G2X (GUESTROOM 20X). • HFTP launched GUESTROOM 2010, the guestroom of the future, at HITEC 2006. • GUESTROOM 2010 has been showcased in the New York Hotel Show for the past 2 years.

17. Upcoming HFTP Events • HFTP 2008 Leadership Academy • September 23-24, Opryland Resort & Convention Center, Nashville, TN • HFTP 2008 Annual Convention • September 24-27, Opryland Resort & Convention Center, Nashville, TN • Caribbean Hospitality Finance and Technology Conference - December 7-9, Rose Hall Resort & Spa, Montego Bay, Jamaica • EHTEC 2009 • 2-4 February, Hilton Amsterdam, Amsterdam, The Netherlands • HFTP 2009 Club & Hotel Controllers Conference • March 16-17, Westin Tampa Harbour Island, Tampa, FL • June 23-24, Anaheim Convention Center, Anaheim, CA • HITEC 2009 • June 22-25, Anaheim Convention Center, Anaheim, CA • HFTP 2009 Annual Convention • September 16-19, Green Valley Resort, Las Vegas, NV

18. Certification • Certified Hospitality Accountant Executive (CHAE) & Certified Hospitality Technology Professional (CHTP) applicants must pass a 4 hour exam covering a wide range of accounting and technology principles • To qualify to take the exam, an applicant must earn a minimum of 100 points, awarded for evidence of an applicant’s education, industry experience and/or HFTP or AH&LA membership • Once certification has been awarded, designees must complete maintenance which includes continuing education hours

19. CHAE • Certified Hospitality Accountant Executive There are 200 multiple choice questions divided into 5 sections: • Basic Accounting (25%) • Managerial Accounting (25%) • Asset Management (18%) • Tax & Law (18%) • Operations (14%)

20. Two-volume study guide Can be purchased through the Educational Institute of AH&LA Cost $159 for HFTP Members CHAE Study Guide

21. CHTP CHTP • Certified Hospitality Technology Professional (CHTP) There are 250 questions, divided into 4 categories: • Technology Concepts • Hospitality Technology • Targeted Technology • Managing Technology

22. 20 chapter, two-volume study guide Can be purchased through the Educational Institute of AH&LA Cost $159 for HFTP members CHTP

23. Certification Review Sessions • Offered by various chapters and the HFTP international office • Check the calendar atwww.hftp.orgfor dates and locations • Review session are FREE to all HFTP members • Review Slides are also available to download via the HFTP website, along with other certification resources

24. Certification News • HFTP has sponsored online CHAE and CHTP exams given by the American Hotel & Lodging Association (AH&LA) • Task Force developed Certification Code of Ethics

25. Benefits of Certification • Showcases your competence • Recognizes your commitment to professionalism • Provides an opportunity for self-improvement • Indicates understanding of key knowledge & skills • Serves as a valuable career tool

26. Benefits of Certification • "When hiring finance professionals, I place a high regard on the CHAE designation because it shows a strong dedication to the hospitality industry.” - Tina Marie Samson, CHAE, Chief Financial Officer, Loews Hotels at Universal Orlando. • "Earning the designation requires one to not only have a general background in IT, but also know the ins-and-outs of the hospitality infrastructure. With the CHTP, I am immediately identified as the one with the know-how.” - Doug McCurdy, CHTP, Regional Director of IT, Four Seasons Resort Maui.

27. Alice H. Banks, CHAE Scholarship Terri Rubin Bartello, CHAE Scholarship Larry Chervenak, CHAE Scholarship Raymond C. Ellis, Jr., CHTP, CHE, CLSD Charles Fitzsimmons, CHAE Scholarship Richard E. Moore, CDP Sal Spano, CHA, CHAE Scholarship Frances Tally Scholarship Cornell University University of Delaware University of Central Florida Florida International University University of Houston Michigan State University University of Nevada, Las Vegas University of New Orleans HFTP’s Commitment to EducationScholarships & Endowments

28. In 2006, HFTP hosted the Top of Technology Event at HITEC with proceeds going towards hospitality programs at universities worldwide HFTP donated over $100,000 to hospitality programs Asia Student (UNLV-Singapore) Cornell University Ecole Hoteliere Lausanne (Switzerland) The Hong Kong Polytechnic University Michigan State University Pennsylvania State University University of Central Florida University of Delaware University of Houston University of Nevada, Las Vegas University of South Carolina HFTP’s Commitment to EducationScholarships & Endowments

29. As a professional association, HFTP membership is individually-based, not company-based. HFTP does not do advocacy work on behalf of specific products and services, or require its members to purchase continuing education from specific organizations to join the association. Because HFTP’s primary focus is education and providing resources for finance and technology, membership is open to the entire industry. Most importantly, HFTP strives to always provide its member with the highest quality benefits and services HFTP’s Commitment to its Members

30. HFTP Information For additional information about HFTP and its upcoming initiatives, please contact the HFTP Office: Hospitality Financial and Technology Professionals 11709 Boulder Lane, Ste 110 Austin, TX 78726 1 (800) 646-4387 ● 001 (512) 249-5333 ● 001 (512) 249-5333, Fax Membership@hftp.org ● www.hftp.org ● www.hitec.org