Revenue per available room (RevPAR), particularly in gateway cities like New York where there is high demand for accommodation, has improved significantly. ... Our maiden issuance of S$150 million perpetual securities in October last year has been trading above par, demonstrating the high demand for our perpetual securities.
Displayed on a large format touchscreen, they will be able to access any information in a seamless manner, such as city attractions, local weather forecasts or interactive maps including directions for ... This was a priority for iRiS since this is one of the most demanded elements from travellers, which dramatically improves their stay.
During the first quarter of 2015 lodging demand grew at a very healthy 4.2 percent. However, this was less than the PKF-HR forecast of 5.1 percent. ... "Nationwide, the lodging supply is forecast to grow by 1.8 percent, just short of the long-run average rate of 1.9 percent.
The 2015 HVS Manhattan Lodging Overview examines the effects of up and down economic cycles on Manhattan hotels, reviewing trends in hotel performance, supply, and demand over the past 25 years. ... The report also provides the most current information available on today's market, as well as forecasts for supply growth and hotel performance.
a year-over-year increase in RevPAR of 8.0 percent, and increasing demand levels driving RevPAR increases to a larger extent than previously anticipated. ... PwC expects this positive momentum in demand to continue for the remainder of 2015, supporting a RevPAR increase of 7.0 percent in 2015.
This marks the fourth consecutive year of profit growth in excess of 10 percent, a trend that is forecast to continue through 2016. ... Fortunately our forecasts of revenue growth exceed our projections of expense growth for the foreseeable future.
feedback. " "The meetings eco system is still changing rapidly and our customers are busier than ever keeping up with it. eRFP traffic is increasing, occupancies are on the rise and our customers are demanding ... access to tools that allow them to be even more strategic about their pursuit of group opportunities that meet their increasingly challenging group forecasts and goals .They also have made it clear that
Manually maintaining accurate daily financial processes and continuously updating budgets can be a demanding process for any hotel company. ... The system combines daily data updates with historic trends to forecast future performance.
Group demand continued to grow in 2014, and 2015 will be another strong year. ... PKF-HR forecasts occupancies in excess of 70 percent through 2018 in the chain-scales that most groups desire.
According to CBRE Economic Advisors and Moody's Analytics, inflation in 2015 is forecast to be a mere 0.6 percent. ... PKF-HR is not forecasting the national supply growth to exceed the long-run average until 2017.
With design-driven capabilities for forecasting, budgeting, planning, profit and loss (P&L) calculations, and the flexibility to manage and group multiple properties, Infor d/EPM can help hospitality organizations ... This real-time connectivity allows the platform to automatically aggregate data such as updated daily forecasts to create dynamic, actionable insights that help hoteliers better navigate uncertain demand
Seattle has realized high levels of corporate expansions, convention demand, and leisure visitation in recent years. ... The latest HVS Hotel Valuation Index forecasts continued strong growth for hotel values in both Portland and Seattle in the near term.
REVENUES INCREASING Hotel spas benefitted greatly from hotels capturing more demand and society's trending healthier lifestyles. ... As demand increases for hotel spas, higher staffing levels are needed to create the same personal, high-quality experience.
"IDeaS G3 RMS is great for extended stay hotels because it can generate powerful demand forecasts—by length-of-stay and by suite type—so we can make informed, strategic decisions to get the right mix of ... "We developed IDeaS G3 RMS to extend advanced pricing analytics and forecasting to hotel properties that had not previously implemented automated revenue management—especially in the extended stay or focused
Aptech began working with Prophix in 2012 to develop a new budgeting and forecasting application that integrates with its Profitvue® accounting and Execuvue® business intelligence systems. ... Our companies have worked well together since then, and many hotel companies today use Targetvue for forecasting and planning to help them operate more profitably."
This will most likely cause us to lower our lodging demand forecast for Houston when our next forecasts are released in March 2015. ... Therefore, understanding what inflation is likely to be is paramount to the development of accurate ADR forecasts.
If you don't have the right forecasting and optimization to understand demand patterns and match that to needed labor, you'll throw your organization out of balance.
"We exceeded our most optimistic forecasts during 2014, our first full year since inception, and set the stage for a very fruitful second year and beyond," said Mat Crosswy, president of SSC. ... ), and transaction activity shifting to secondary and tertiary markets, the demand for hotel financing will remain healthy for the coming year.
With the expansion of major national airports and airport passenger volume expected to increase over the next 10 years, examining the link to forecasting lodging demand is critical to understanding the ... With many of the nation's airports expanding and passenger volume forecast to register robust growth, it is important to understand how passenger volume can aid lodging demand forecasting.
market generally, and the coastal Orange County market specifically, have been among the highest rated markets in the country and are poised to continue their strong growth given the diverse set of demand ... The purchase price represents a 16.5 times multiple on forecasted 2015 EBITDA of $21.8 million and a 5.0 percent capitalization rate on forecasted 2015 NOI of $18.1 million.