CHAE Information

Question 1

How does HFTP define the Hospitality Industry?

Answer 1

HFTP defines the hospitality industry as the activity of providing lodging, food and beverage, and recreational services

This includes but not limited to

• Hotel and motels
• Clubs
• Resorts
• Casinos
• Restaurants
• Recreation facilities
• Tourism
• Cruise lines
• Community associations, and
• Theme parks

Question 2

What are the objectives and Governance of CHAE?

Answer 2

• To provide professional recognition to hospitality finance professionals who have acquired the educational proficiencies and practical experience that signify successful career progression
• To encourage the education and advancement of HFTP and allied hospitality related association members
• To cultivate professional cooperation among individuals within the hospitality industry
• The HFTP Certification Advisory Council govern all examination content independently of the HFTP Executive Committee, Board of Directors, and Certification Administrator

Question 3

How can you use the CHAE Designation?

Answer 3

• The title of Certified Hospitality Accountant Executive, designated as CHAE, has been selected for the HFTP Certification Program to avoid conflict and/or confusion with the CHA designation in use by the American Hotel & Lodging Association
• The use of the title or designation CHAE is limited to those who have successfully passed the written CHAE Certification Examination and maintained their CHAE status in accordance with Section 8. Maintenance

The use of the title or designation CHAE may not be used in promotion or advertising efforts.