Lauderdale and Tampa) top a list of five markets in the U.S. where demand is forecast to contract in 2010. ... While 45 of the 50 markets in the Hotel Horizons® universe are forecast to benefit from an increase in demand in 2010, the growth in room supply is expected to exceed demand in 26 of these cities.
Watson, R.M. also provides a flexible budgeting platform in the truest possible sense—with integrated forecasting that supports zero-based cost analysis; it also enables snapshots during any P&L period ... With Watson, R.M.’s latest version, hospitality organizations will be better equipped than ever to meet the demands of a discerning customer while ensuring optimal cost control.
“Customers are looking for partner companies that can bridge the gap between their business demands and technology capabilities,” said Allison Watson , corporate vice president of the Worldwide Partner ... The system also produces enterprise-wide demand forecasts by measuring and analyzing historical and current market metrics and performing calculations necessary for occupancy predictions that are dynamically
influences and historical demand Current and historical lease activity Traffic, lease duration Move-in dates and other metrics. ... The system also produces enterprise-wide demand forecasts by measuring and analyzing a large number of historical and current market metrics and performing calculations necessary for occupancy predictions
In periods of high demand when additional convention center demand is not needed, the effects are smaller. But in periods of low demand the impacts of convention centers are larger. ... Analysts forecasting future lodging demand in convention markets should also think about price and displacement effects and not rely only on readily available estimates of gross convention center room
, including: Competitive influences and historical demand Current and historical lease activity Traffic, lease duration Renewal pace Move-in dates and other metrics. ... LRO also produces accurate enterprise-wide demand forecasts by measuring and analyzing key historical and current market metrics and performing calculations necessary for occupancy predictions across dozens
designated member of the Appraisal Institute (MAI) and the author of the HVS Employment-Hotel Growth Index, a means of analyzing data on employment trends, office space absorption, and hotel supply to forecast ... demand levels in metropolitan markets.
Supply growth and demand growth during 2010 are both expected to increase 1.8 percent. ... Supply in 2011 is projected to be up 1.0 percent and demand is expected to increase 3.2 percent.
LE’s forecasted declines for 2010 are steep and are a result of the disappearance of lending. ... The declines in the pipeline and in LE’s Forecast for New Hotel Openings means that the absorption of new supply will be far less of a head wind for the industry as it awaits the recovery of demand and
The application also allows hoteliers to forecast future trends and predict shifts in consumer patterns before they occur, giving users a clear competitive advantage. ... With revenue optimization experts in every global market, we help our clients make better business decisions, generate greater demand from the right mix of channels, convert more shoppers to high-value
A very popular pricing principle that applies dynamic pricing is called demand-based pricing. In low-demand periods, lower rates are offered. ... As demand increases, lower rate categories are closed and higher rates are quoted. Demand-based pricing as a principle is not new.
Of course, revenue management is important at all times but as the new year gets underway with a stronger recovery mentality – and about time too - it is especially important now: demand for hotel rooms ... is forecasted to increase only slightly more than 1%, and occupancy to essentially remain unchanged this year [1] .
But what will happen after November, with seasonal tourism declines, as well as historically low demand in convention and business travel? ... Forecasts from firms such as Smith Travel Research and PKF Consulting indicate that there will be little or no revenue growth in 2010.
When the recovery does come, analysts predict it will be driven by increased demand helped by minimal supply growth in the second half of next year, which in turn will eventually give operators the leverage ... The UN World Tourism Organization forecasts a modest global tourism recovery for 2010, with total international arrivals to increase by 1% to 3%.
sales and enhance customer service, was truly “in demand” in 2009. ... “In today’s economy, a company simply can’t survive if its customers aren’t happy and if their demands or needs aren’t being met.
As we move through 2010, industry occupancy should flatten and move into positive territory as supply growth slows and demand gains traction. ... STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information.
PKF-HR is now forecasting lodging demand to post a quarterly year-over-year increase during the first quarter of 2010, thus ending eight consecutive quarters of declines. ... On an annual basis, PKF-HR is now forecasting lodging demand to rise 1.9 percent in 2010, up from the 1.6 percent increase forecast back in September.
Due to this expanded interest in government demand, we have analyzed the historical and future movements in federal per diem lodging rates, and compared them to the actual and forecast ADRs achieved by ... This is just under the December 2009 Hotel Horizons® aggregate forecast for these same cities.
On an annual basis, PKF-HR is now forecasting lodging demand to rise 1.9 percent in 2010, up from the 1.6 percent increase forecast back in September. ... With demand outpacing supply, our 2010 occupancy forecast shows a 0.4 percent increase.
When the recovery does come, analysts predict it will be driven by increased demand helped by minimal supply growth in the second half of next year, which in turn will eventually give operators the leverage ... The UN World Tourism Organization forecasts a modest global tourism recovery for 2010, with total international arrivals to increase by 1% to 3%.