|
 |
|
|
|
 |
LODGING ECONOMETRICS - DOCUMENTS |
|
|
|
|
 |
|
 LE's Spring 2011 Transaction Trends - Executive Summary
For the sixth consecutive quarter, year-over-year (YoY) selling prices have accelerated, according to Lodging Econometrics' Spring Transaction Trends Executive Summary. There were 110 transactions across all chain scales that reported a selling price in Q1 2011. The overall average selling price was at a record high of $125,946 per room. This is a 30 percent YoY increase from Q1 2010’s $97,084 per room and a 14 percent increase over the 2010 year-end total of $110,827.
|
|
|
|
|
 Lodging Econometrics Spring 2011 Lodging Real Estate Trends
Further declines have brought Construction Pipeline counts to a new cyclical low of 2,951 projects/354,100 rooms in Q1 2011. With 426 projects/54,530 rooms, just 14% of total Pipeline projects and 15% of rooms, Under Construction totals have fallen to lows not seen since the 1990’s. Conversely, Early Planning counts have been growing since Q4 2009. Hotels that are larger and have longer timelines are being
|
|
|
|
|
 Lodging Econometrics 2011 Asia Pacific Lodging Outlook Report
Powered by some of the world’s fastest growing economies, chiefly China, India, Vietnam, and Indonesia, the Asia Pacific region continues to demonstrate a quick bounce-back from the global economic crisis. Sweeping fiscal and monetary stimulus programs mitigated the impact of the recession. As a result, strong economic growth of 5% or more is expected in many Asian countries through 2013.
|
|
|
|
|
 Lodging Econometrics 2011 EMEA Lodging Outlook Report
The sovereign debt crisis, budget cutbacks and rising inflation continue to weigh heavily on much of Europe and will keep economic growth subdued at least into 2012. Uncertainty is particularly high in Ireland, Spain, Portugal, and Italy.
|
|
|
|
|
 Lodging Econometrics 2011 Latin America Lodging Outlook Report
The resurgence of lodging construction in South America is gathering speed, having bounced back faster than most other regions of the world. Rapid government intervention, including broad stimulus programs, lower interest rates and investment incentives, minimized the impact of the global recession and banking crisis.
|
|
|
|
|
 Q4 2010 US Transaction Trends Report (Executive Summary)
Lodging Econometrics announced today the latest data from their recent Transaction Trends Report. A total of 1,298 hotels were sold or transferred in 2010, up two and a half times from 2009, when only 513 hotels changed hands. The volume increase was largely due to a revived Wall Street, rekindling M&A activity. Individual and Portfolio Transactions increased 19% year-over-year (YoY) from 513 hotels to 608 hotels. An additional 690 hotels were transferred in two separate mergers. Transaction volume is poised to increase over the next three years, with Wall Street banking activity accelerating and a large flow of existing real estate loans coming due. Many of these assets will be distressed, presenting attractive investment opportunities for those able to access funds
|
|
|
|
|
 U.S. Hotel openings at cyclical low in 2011 and 2012 | LE Reports
Many developers assessed their project portfolios at year-end and concluded that development conditions will not change materially in 2011. Construction financing will remain largely unavailable and lodging operating metrics will improve, but only at a slow pace. As a consequence, developers pushed a large number of their projects already in the Pipeline from Scheduled Starts in the Next 12 Months back to Early Planning. Counts for Scheduled Starts decreased 15% by projects and 13% by rooms quarter-over-quarter, while Early Planning saw an 8% project and 6% room increase. In Q4, few new projects started construction. This resulted in a historic low of 449 projects/53,991 rooms for the Under Construction stage, which now accounts for just 14% of all projects in the Total Pipeline.
|
|
|
|
|
 Europe, Middle East, Africa Q2 2009 Construction Pipeline - Executive Summary
For the first time, Lodging Econometrics (LE) has compiled and announced its 2011 Forecast for New Hotel Openings for Europe, the Middle East and Africa. 322 projects/72,077 rooms are forecasted to come online in 2011. LE has also adjusted its forecasts downward for 2009 and 2010 due to the recessionary declines that continue to impact the lodging industry and project totals in the Pipeline throughout the region. The 2009 forecast has been reduced to 380 new hotels/63,244 rooms, down a substantial 10,328 rooms. The 2010 forecast, adjusted down by 7,340 rooms, calls for New Openings of 392 projects/81,921 rooms.
|
|
|
|
|
 Asia Pacific Construction Pipeline Q4 2008 | Lodging Econometrics
Heavily reliant on their manufacturing and exporting industries, Asian economies are seeing sizable, even historic, contraction, as global demand for goods produced in the region has plummeted. Several countries, including Japan, Taiwan and Thailand, reported negative GDP growth in Q4 2008. The blockbuster economies of China and India still expect positive GDP growth this year, however the rate of growth will be significantly slower, falling to rates not seen since earlier in the decade. LE expects the macroeconomic indicators to continue trending downward into 2010.
|
|
|
|
|
|
|
 |
|
Copyright© 1995-2012 Hospitality Net™ All rights reserved.
Trademarks and product names are the property of their respective owners.
-
-
|
 |
|
|
|
