Hospitality Financial and Technology Professionals (HFTP®), the global association for finance and technology professionals in the hospitality industry, has announced the strategic acquisition of several prominent hospitality industry brands. The acquisition includes Hospitality Upgrade, Hotel-Online, the CIO Summit and the Executive Vendor Summit, further solidifying HFTP's position as a leading provider of resources and events for the global hospitality community.

Hospitality Upgrade is the dominant technology publication in the industry known for providing industry technology news, trends, and insights to hospitality professionals worldwide. This includes the print and digital magazine, the Watercooler newsletter, social channels and the annual events. The CIO Summit and Executive Vendor Summit are the premier C-level events that provide a unique networking opportunity and a program designed specifically for top industry executives. Hotel-Online is the longest running online news source for the hotel industry. The daily e-newsletter provides readers with relevant and topical news stories, reports and columns about the hospitality industry.

"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," said Rich Siegel, founder of Siegel Communications, Inc. “One of the greatest things about working with HFTP is that they see our vision to grow into the future. It’s also exciting for me to know that the team will have the opportunity to grow along with HFTP and its global expansion.”

"This acquisition represents a significant milestone for HFTP and underscores our commitment to providing valuable resources and networking opportunities for hospitality professionals," said Frank Wolfe, HFTP’s CEO. "We are excited to welcome the teams behind Hospitality Upgrade, Hotel-Online, the CIO Summit and the Executive Vendor Summit to the HFTP family and look forward to working together to enhance the services and offerings available to our members."

The acquisition will enable HFTP to expand its reach and offer an even more comprehensive range of resources, events, and educational opportunities to the hospitality industry. Current subscribers and attendees of Hospitality Upgrade, Hotel-Online, CIO Summit, and Executive Vendor Summit can expect a seamless transition and continued high-quality content and programming under the HFTP umbrella.