News for the Hospitality Executive
through 2012, a Job He Has Held Since 1994
AUSTIN, TEXAS, USA (December 10, 2008) – Hospitality Financial and Technology Professionals’ (HFTP) Global President Jules Sieburgh, CHTP, announced at its December 7 Executive Committee Meeting that Frank I. Wolfe, CAE, has accepted HFTP's offer to remain at the helm of the association's management. Wolfe continues as HFTP's CEO through 2012, a job he has held since 1994. Wolfe started with the association in 1991 as its director of education.
"Frank has contributed greatly to the positive evolution of HFTP, keeping it current with global business practices," said Sieburgh. "Through his partnership with HFTP members, the association has continued to provide benefits that are applicable to the modern professional, and has kept HFTP as an important player in the hospitality industry."
During Wolfe's tenure, the association has experienced tremendous growth in its educational programs, membership and certification programs. In addition to the expansion of HITEC® (Hospitality Industry Technology Exposition and Conference), the formation of EHTEC (European Hospitality Technology Educational Conference) and the development of GUESTROOM 20X, Wolfe has been crucial to the association’s worldwide brand expansion. The association's revenue has grown from $1.3 million to more than $6 million and its membership now numbers more than 4,800.
"I am both honored and humbled to be given the opportunity to continue to work with the HFTP Board of Directors, chapters, membership and staff," Wolfe said. "HFTP has had a series of tireless directors, chapter leaders and dedicated staff members who have made the association a successful global organization."
Wolfe acts as spokesman for the association and has been interviewed on the topics of hospitality finance and technology for multiple news outlets such as Bloomberg TV, MSNBC, China Morning News and USA Today. He has appeared on four continents to speak about HFTP and topics such as guest room and meetings technology and hospitality finance, as well as authored numerous articles on these topics for industry publications.
“Frank is passionate about our association and the hospitality industry, always on top of what’s current,” said Anna McFarland, CPA, CFE, CHAE, CHTP, HFTP global immediate past president. “His dedication and insight makes him an invaluable representative for our organization.”
Wolfe is a graduate of East Tennessee State University where he received a degree in Health Administration and later attended graduate school there in the Counseling and Guidance Program. In 1992, he was awarded the Certified Association Executive designation (CAE), which is the association industry's highest designation.
In August 2000, Wolfe was honored by Lodging magazine by being included
in the "75 Profiles in Leadership" edition, a who’s who of 75 individuals
who have made major contributions to the hospitality industry. In October
of 2002, during HFTP’s 50th anniversary convention, Wolfe was presented
the HFTP Paragon Award, for his contributions to both HFTP and to the hospitality
HFTP, Austin, Texas, USA and Maastricht, The Netherlands, founded in 1952, is the global professional association for financial and technology personnel working in hotels, clubs and other hospitality-related businesses. HFTP provides first class educational opportunities, research and publications to more than 4,800 members globally, including the premiere hospitality technology conference HITEC, founded in 1972. HFTP also awards the only hospitality specific certifications for accounting and technology — the Certified Hospitality Accountant Executive (CHAE) and the Certified Hospitality Technology Professional (CHTP) designations. HFTP was founded in the USA as the National Association of Hotel Accountants. For more information, visit www.hftp.org.