The latest HIP reading will be used to update e-forecasting.com's total US Monthly Hotel Forecast as well as market level forecasts for the top 25 US markets. ... The firm also covers EMEA markets via a partnership with HotStats with hotel market profitability forecasts.
STR forecasts for the U.K. and London market are produced in partnership with Tourism Economics, an Oxford Economics company. ... It is possible that this would be enough to offset the negative impact from weaker domestic demand.
Prophet purposefully breaks market rate and demand intelligence down into consumable and meaningful insights that matter, so hoteliers can optimize room rates, maximise profitability, and stay ahead of ... Through the product's unique notifications feature, users will receive email alerts based on their pre-defined rules on market fluctuations, so they can say goodbye to manual forecasting and react quicker
IDeaS G3 RMS empowers users to increase revenue performance with the industry's most comprehensive pricing decisions, sophisticated forecasting and interactive dashboards and reporting tools – regardless ... Ideal Pricing offers a flexible approach towards analytics-based pricing and provides options that generate demand- and market-relevant rates, automatically determining differential price points by room
This is in part due to growth in the corporate travel industry and, according to forecasts by the GBTA, 2016 is set to see an even greater increase in spending on business travel. ... There are plenty of opportunities out there for corporate travel agencies that can meet these demands, so what does it take to maximise success in these areas?
The decrease in occupancy came as a result of a supply growth and demand performance imbalance. ... The May edition of STR's Market Forecast is now available.
Based on daily data from May, Abu Dhabi reported the following in year-over-year comparisons: increases in supply (+4.0%) and demand (+5.3%); a 1.3% increase in occupancy to 74.4%; a 4.1% decrease in average ... The May edition of STR's Market Forecast is now available.
Based on daily data from May, Singapore reported the following in year-over-year comparisons: increases in supply (+2.3%) and demand (+3.0%); a 0.7% increase in occupancy to 80.5%; a 1.9% decrease in average ... The May edition of STR's Market Forecast is now available.
Based on daily data from May, Sydney reported the following in year-over-year comparisons: increases in supply (+3.0%) and demand (+2.1%); a 0.9% decrease in occupancy to 82.6%; a 3.4% increase in average ... The May edition of STR's Market Forecast is now available.
Supply growth also is expected to outpace demand over the remainder of 2016 in the Midscale and Economy segment. ... Despite this imbalance, demand in this segment is still expected to be higher than the total London average.
During that same period, demand growth (+2.1%) is expected to outweigh supply growth (+1.7%). ... Also in 2017, supply (+1.9%) and demand (+1.9%) are expected to grow at the same pace. Demand growth in the U.S. has outpaced supply growth each year dating back to 2010.
growth in demand. ... While ADR increases are starting to mute demand growth, the economy remains healthy and will generate increases in lodging demand for the foreseeable future.
Our forecast is only reduced by the poor Q1 start, hence, our 2016 forecast is reduced from 5 percent RevPAR growth to 3.75 percent since Q1 was virtually flat to 2015. U.S. ... Revenue Management Demand forecasts by market are good but the real question is "what are the booking patterns in the market?" What future dates are already selling and at what pace?
This rate should also support typical productivity (demand). ... The gross reservation contribution was 14.4% and it is forecasted to drop to 9.2% in 2017.
Four of the forward looking indicators of business activity that comprise Hotel Industry Leading (HIL) Indicator had a positive contribution to its change in April: Jobs Market; Foreign Demand; New Orders ... @e-forecasting.com with subject: US Hotel Forecast. e-forecasting.com, an international economic research and consulting firm, offers forecasts of the economic environment using proprietary, real-time
New innovations, such as reputation pricing, dynamic group evaluations and room type forecasting, are important for the independent sector to combat the market share threat of the established brands," ... The double-edged sword is that they are (and will continue to be) an important way for independents to generate incremental demand and capture new bookings.
Southeast Asian economies are forecast to grow at 5 percent annually until 2020, exceeding global growth of 3.5 percent. ... New ways to work In the sphere of work, demand for office space will change due to greater outsourcing from developed markets, more flexible work practices, and an increase in co-sharing spaces.
HENDERSONVILLE, Tennessee -- The U.S. hotel industry is projected to experience record-breaking room demand but low room rate growth during June through August 2016, according to summer forecast figures ... That growth will follow the current trend of record-breaking demand performance in the U.S.
Occupancy levels at US hotels have begun to stabilize after reaching peak levels in 2015, according to Hospitality Directions , the lodging forecast released today by PwC US . ... For 2017, PwC expects demand growth to slow, just as the pace of supply growth accelerates above the long-term average for the first time since 2009.
The local lodging market has benefited as well from the generation of commercial and group demand. ... as well as meeting and group demand.