Finance Reports - Hospitality Net

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June 13, 2007

Weekly U.S. Lodging Performance 06/03/07 - 06/09/07 | Smith Travel Research

Smith Travel Research (STR) is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. Since 1985, the company has served the industry operating on the key principals of integrity, confidentiality and customer service. STR provides timely information and analysis to all major North American hotel chains and a growing number of chains in Europe and Asia. Individual hotels, management companies, appraisers, consultants, lenders and other lodging industry analysts also rely on STR data for the accuracy they require.

June 13, 2007

Canadian Lodging Reports For The Week Ending June 09, 2007 | Smith Travel Research

Smith Travel Research (STR) is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. Since 1985, the company has served the industry operating on the key principals of integrity, confidentiality and customer service. STR provides timely information and analysis to all major North American hotel chains and a growing number of chains in Europe and Asia. Individual hotels, management companies, appraisers, consultants, lenders and other lodging industry analysts also rely on STR data for the accuracy they require.

June 11, 2007

New U.S. Timeshare Sales Top $10 Billion in 2006, According to Ernst & Young Study

(Washington) Timeshare sales climbed 16 percent during 2006 to $10 billion over 2005 sales of $8.6 billion, according to a study of the U.S. vacation ownership industry conducted by Ernst & Young, LLP and released today by the ARDA International Foundation (AIF). The survey of 625 timeshare resorts throughout the country shows robust growth over a five-year period, with sales up 81 percent and average resort size growth of 32 percent.

June 10, 2007

Worldwide Hotel Activity Report | The Worldwide Hotel Industry breaks the records | MKG reports

With 150,000 new rooms opened by hoteliers in the year 2006, the world supply of corporate chains posts heretofore unattained growth. On January 1, 2007 the worldwide supply of the top 200 groups reached 43,000 hotels and 5.5 million rooms. Since 2005, the acceleration of development has been confirmed.

June 10, 2007

American Travel Patterns Bode Well For Online Travel

Sherman, Conn. USA, June 8, 2007 -- According to a new report from PhoCusWright Inc., Americans are working too hard - so hard in fact, that many don't find time for long periods away from the office. But they still need to relax, and the lure of a vacation always beckons. Thus, leisure travel is defined less by a prescribed number of weeks off, and more by the opportunity to carve out chunks of available time. The result is that travelers are taking a series of smaller vacations, and buying record amounts of travel products and services on the Internet, according to The PhoCusWright Consumer Travel Trends Survey Ninth Edition published this week.

June 10, 2007

PricewaterhouseCoopers Forecasts U.S. Lodging Industry Average Daily Rate (ADR) Gains Will Slow from Remarkable Recent Pace, Increasing by 5.9 Percent in 2007 Compared to 7.1 Percent in 2006

NEW YORK | PricewaterhouseCoopers forecasts that U.S. lodging industry average daily rate (ADR) increases will decelerate in 2007 as room supply additions accelerate, demand becomes constrained by the less robust U.S. economy and consumers respond to the cumulative rate increases. According to PricewaterhouseCoopers, U.S. ADR is expected to increase in 2007 by 5.9 percent, still the highest rate since 1996 with the exception of the 7.1 percent increase in 2006. The luxury segment will achieve the highest rate increase at 7.4 percent, while the mid-scale with food and beverage and economy segments will achieve rate increases of 4.3 percent.

June 6, 2007

Europe Chain Hotels Market Review | April 2007 | TRI Hospitality Consulting

Hotels in Munich had the strongest sales performance out of 10 leading European cities, according to the monthly HotStats survey by TRI Hospitality Consulting. The result was thanks to a huge 77.6 per cent leap in revenue per available room during the month of April which meant that for the first four months revpar in the Bavarian city was up 27.2 per cent, just ahead of the usual star performer Moscow which had a 26.6 per cent rise for the first four months.

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June 6, 2007

Weekly U.S. Lodging Performance 05/27/07 - 06/02/07 | Smith Travel Research

Smith Travel Research (STR) is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. Since 1985, the company has served the industry operating on the key principals of integrity, confidentiality and customer service. STR provides timely information and analysis to all major North American hotel chains and a growing number of chains in Europe and Asia. Individual hotels, management companies, appraisers, consultants, lenders and other lodging industry analysts also rely on STR data for the accuracy they require.

June 3, 2007

Asia Hotel Valuation Index 2007 | HVS International

With the sustained growth of the hospitality and lodging industry, 2006 carried the torch of what 2005 left off with hotels across Asia posting healthier occupancies and robust growths in room rates. Fuelled by a confluence of burgeoning economies, buoyant equity markets and flourishing hotel industry, Asian stock exchanges have welcomed the listing of several hotelcentric real estate investment trusts (‘REITs’), notably the Japan Hotel and Resort, Inc, Nippon Hotel Fund Investment and Singapore’s first hospitality-related REIT, the CDL Hospitality Trust. This follows hotly on the heels on the launch of first Pan- Asian serviced residences REIT by The Ascott Group in 2005. In Hong Kong, Regal Hotel International Holdings is expected to package five of its hotels and list the territory’s first REIT backed by hospitality assets in early 2007.

June 3, 2007

Increased Corporate Demand and Higher Rates from Luxury Sector Boost US Hotel Markets, Says Ernst & Young Survey

NEW YORK, Major hotel markets throughout the United States continued to witness positive growth in 2006 and are expected to repeat that performance in 2007, thanks to increased corporate travel and a surprisingly strong showing from the upper-end of the hotel market, according to the 2007 US Lodging Report released today by Ernst & Young.

May 31, 2007

Weekly U.S. Lodging Performance 05/20/07 - 05/26/07 | Smith Travel Research

Smith Travel Research (STR) is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. Since 1985, the company has served the industry operating on the key principals of integrity, confidentiality and customer service. STR provides timely information and analysis to all major North American hotel chains and a growing number of chains in Europe and Asia. Individual hotels, management companies, appraisers, consultants, lenders and other lodging industry analysts also rely on STR data for the accuracy they require.

May 28, 2007

France | January, a good start! | BDO MG Hôtels & Tourisme - January 2007

The year has started well for the French hotel industry with overall room revenue showing growth all over the country. These signs are even more incouraging since they occurred across all market segments.

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May 28, 2007

France | Sustained Growth for French hotel markets | BDO MG Hôtels & Tourisme - February 2007

The month of February keeps up with the rythm of January. Hoteliers once more achieved excellent RevPAR growth. Especially 3 and 4 star hotels distinguish themselves with the highest growth rate.

May 28, 2007

France | Excellent first quarter 2007 | BDO MG Hôtels & Tourisme - March 2007

Hotels in France are gaining momentum with March being just as succesfull as the two previous months. In consequence, the first quarter has brought excellent results for the French hotel markets.

May 27, 2007

HVS EMEA Hospitality Enews - Week Ending 25 May 2007

Travelodge’s 2020 vision is to have a 10% share of the total UK hotel market in 13 years’ time. And how will the budget chain reach its cherished goal? Well, by investing £3.5 billion in a programme designed to add around 40 hotels (some 4,000 rooms) to its portfolio each year from 2008 onwards, so that by the time the bell rings to call time on the project in 2020 Travelodge should have trebled its current stock. Two-thirds of the hotels will be newly built and Greater London will be the focus of much of the activity.

May 24, 2007

U.S. Hotel Profits - Kind in 2006, Mean in 2007 | PKF Reports

In 2006, the average hotel manager in our 71st Trends in the Hotel Industry survey achieved a 13.3 percent gain in operating profits1, the third consecutive year of bottom-line increases in excess of ten percent. Favorable supply / demand conditions allowed these operators to enjoy an 8.2 percent jump in revenues for the year. However, management continued to struggle with escalating costs. Hotel operating expenses grew 6.3 percent in 2006, the third consecutive year of expense growth nearly twice the pace of inflation.

May 23, 2007

Canadian Lodging Reports For The Week Ending May 19, 2007 | Smith Travel Research

Smith Travel Research (STR) is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. Since 1985, the company has served the industry operating on the key principals of integrity, confidentiality and customer service. STR provides timely information and analysis to all major North American hotel chains and a growing number of chains in Europe and Asia. Individual hotels, management companies, appraisers, consultants, lenders and other lodging industry analysts also rely on STR data for the accuracy they require.

May 23, 2007

Weekly U.S. Lodging Performance 04/13/07 - 05/19/07 | Smith Travel Research

Smith Travel Research (STR) is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. Since 1985, the company has served the industry operating on the key principals of integrity, confidentiality and customer service. STR provides timely information and analysis to all major North American hotel chains and a growing number of chains in Europe and Asia. Individual hotels, management companies, appraisers, consultants, lenders and other lodging industry analysts also rely on STR data for the accuracy they require.

May 16, 2007

Weekly U.S. Lodging Performance 05/06/07 - 05/12/07 | Smith Travel Research

Smith Travel Research (STR) is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. Since 1985, the company has served the industry operating on the key principals of integrity, confidentiality and customer service. STR provides timely information and analysis to all major North American hotel chains and a growing number of chains in Europe and Asia. Individual hotels, management companies, appraisers, consultants, lenders and other lodging industry analysts also rely on STR data for the accuracy they require.

May 16, 2007

Canadian Lodging Reports For The Week Ending May 12, 2007 | Smith Travel Research

Smith Travel Research (STR) is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. Since 1985, the company has served the industry operating on the key principals of integrity, confidentiality and customer service. STR provides timely information and analysis to all major North American hotel chains and a growing number of chains in Europe and Asia. Individual hotels, management companies, appraisers, consultants, lenders and other lodging industry analysts also rely on STR data for the accuracy they require.

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