Hospitality Net - Industry News - Financial Crisis, Economic Downturn

2 Dec 0

Financial Crisis, Economic Downturn | Impact on Global Lodging Industry

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Global Hotel Market Sentiment Survey Report February 2009
Horwath HTL is the world oldest and most global hotel consulting firm, with offices in 50 cities and 30 countries. Horwath HTL has been involved in thousands of tourism and hospitality projects in a...

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File Size: 238 Kb - Friday, 20 February 2009

Hospitality top 10 thoughts to watch in 2009 | Ernst & Young
The credit crunch, an increased focus on cost containment and the bottom line, leveraging brand recognition through the internet, globalization and green building are ranked at the top of the list. D...

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File Size: 8909 Kb - Tuesday, 10 February 2009

Global Lodging Performance Report | December 2008 | STR
The global economic slowdown continues to have an impact on the hotel industry, as the world’s four regions reported mixed year-over-year and year-end results when reported in U.S. dollars, euros and...

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File Size: 161 Kb - Monday, 09 February 2009

2009 : Never a better time to reexamine your approach to talent | By Kenneth R. Greger
In a rocky economy, smart strategies for attracting and retaining talent can position your organization for a speedy recovery. KENNETH R. GREGER, CEO & Managing Director at executive search firm GREG...

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File Size: 1331 Kb - Friday, 06 February 2009

“A condition of war of everyone against everyone…” | By Allen Toman
2009 is going to be a year of challenges without easy fixes, writes Allen Toman, Como-based consultant with Reality Advisors, and the Hobbesian quote he selected aptly describes the unpleasantness ah...

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File Size: 1833 Kb - Friday, 06 February 2009

Doing Business in the New Normal | By Christine Blank
The year 2009 really will be all about “change,” as vacation ownership companies look at new operating and marketing models in order to thrive in the challenging economy. At the same time, industry l...

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File Size: 219 Kb - Friday, 06 February 2009

The Bankruptcy Alternative: What You Should Know | By Eric Golden
While the politicians, pundits, and talking heads argue about whether we are in a recession, it is clear that the current economic climate is requiring consumers to re-evaluate their priorities and b...

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File Size: 152 Kb - Friday, 06 February 2009

Effectively Weathering the Economic Cycle’s Ups and Downs | By Lisa M. Allen
Traveler acceptance lessons learned for the hotel, airline, re ntal car sectors. The current economic crisis has many in the hospitality business - along with most American industries - o n edge abou...

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File Size: 723 Kb - Friday, 06 February 2009

Higher Transportation Costs And A Slowing U.S. Economy Shifts Hotel Room Demand | Stephen C. Morse, Ph.d And Chad D. Church
This report covers trends in weekday/weekend demands by hotel sector, and percent market share of total rooms sold by hotels in the top 25 U.S. travel destinations, 2006–2008. In the last three years...

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File Size: 723 Kb - Friday, 06 February 2009

U.S. Lodging Report for December 2008 | STR
The U.S. hotel industry finished 2008 with a 60.4-percent occupancy rate, an average daily rate of US$106.55 and revenue per available room of US$64.37, according to data released today from STR. The...

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File Size: 22 Kb - Friday, 23 January 2009

«The very fine lender sieves of the new era» | By W. Michael Murphy
This may be the phrase of the year, summarizing in nine little words the increasing difficulty hotel industry borrowers will face in 2009 as they try to secure financing for their projects. The good ...

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File Size: 1214 Kb - Tuesday, 20 January 2009

2008 United States Hotel Valuation Index | HVS
The Hotel Valuation Index (HVI) tracks hotel values in 65 major markets and the United States as a whole. Created in 1987 by HVS, the HVI is derived from an income capitalization approach, utilizing ...

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File Size: 454 Kb - Thursday, 15 January 2009

STR Global Performance Report | November 2009
The global economic slowdown is having an impact on the hotel industry based on the world’s four regions reporting mixed year-over-year results when reported in U.S. dollars, euros and British pounds...

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File Size: 217 Kb - Thursday, 15 January 2009

Phoenix travel survey | Tough Times Ahead for the Travel Industry
The faltering global economy will curtail people’s travel plans in 2009, but creative promotion of loyalty programs by airlines and hotels can recoup some of the lost revenue and soften the economic ...

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File Size: 234 Kb - Monday, 12 January 2009

Weathering the Economic Storm | Deloitte Report
Hospitality companies are facing troubling times with the economy’s weakness beginning to weigh on the hospitality industry at large. Consumers are retrenching on most types of discretionary spending...

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File Size: 443 Kb - Friday, 02 January 2009

ITB World Travel Trends Report 2008/2009
This ITB World Travel Trends Report, which was once again commissioned by ITB Berlin from IPK International, organisers of the 16th annual World Travel Monitor Forum, tracks trends in outbound travel...

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File Size: 296 Kb - Wednesday, 17 December 2008

Fighting for Attention | Digital Tactics Add Powerful Tools to Your Communications Arsenal
Does your communications strategy increase owner satisfaction and utilization, lower default rates, and save money? That’s the promise of the digital world. And done right, it seems to deliver big-ti...

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File Size: 282 Kb - Thursday, 04 December 2008

Back to Basics | By Dorothy Dowling | Sr. Vice President of Marketing and Sales, Best Western International
It seems hardly a day goes by without some grim economic statistic making headlines, and sending tremors throughout the business community, including the hospitality sector. Their confidence clearly ...

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File Size: 47 Kb - Sunday, 23 November 2008

Hotels: managing in a downturn | PwC
No hotel business is likely to be immune to the effects of an economic recession and although this time it may be different in terms of the unprecedented circumstances that are driving the slowdown, ...

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File Size: 248 Kb - Friday, 21 November 2008

World Travel Market | Global Trends Report 2008
According to the IMF, the current financial downturn affecting the globe is set to continue through 2009, with world economic growth to slow to 3.9% in 2008 and 3.0% in 2009. The economic and financi...

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File Size: 2592 Kb - Friday, 14 November 2008

US Lodging Industry Overview | By Mark V. Lomanno | STR President
Presented at the fifth annual Hospitality Leadership Forum, held in conjunction with the 2008 International Hotel/Motel & Restaurant Show® in New York on November 8, 2008. The forum brought together ...

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File Size: 3510 Kb - Thursday, 13 November 2008