That said, significant threats to demand lie in the possibility of an avian bird flu outbreak and tempering of demand via rising oil prices. ... ” The regional and country-by-country forecasts are as follows: United States and Canada – Airfare/Hotel/Car Trends and Forecasts In the United States, short-haul economy fares are expected
Whilst on the face of things this may seem aggressive, the reality is that this year, growth is forecast at 6.4%. ... The recent forecasts announced by the TFC provide a good indication of the growth opportunities that exist within the tourism sector.
x2013; and fine-tune them to generate additional revenue Learn how revenue management can be applied through all your distribution partners and how you can manage price across multiple channels See how demand ... forecasting can now be lucratively applied across all sectors of the European travel industry Evaluate the success of the latest pricing strategies used by the leading travel companies Understand how
"We exceeded our third quarter outlook of 7.0% to 8.0% RevPAR growth primarily due to better than expected business transient demand at our urban and convention properties." ... "Fundamentals in the lodging industry are strong as demand growth continues to outpace new supply and pricing power increases," advised Mr. Bortz.
We expect lodging demand and business travel will continue to increase in the fourth quarter and into 2006, driving further improvements in our operating results and dividends to our stockholders." ... anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "will," "continue" and other similar terms and phrases, including references to assumption and forecasts
UK hotel demand, but probably only in the short-term. ... This forecast represents a substantial downward revision from the last forecast in May 2005 of RevPAR growth of 10.3 per cent and 8.6 per cent for 2005 and 2006 respectively.
The year-to-date increase is very much in line with WTO’s initial forecasts for the twelve months of 2005. ... This is because available transport and accommodation capacity can be a constraint at times of peak demand.
Key Country Focus : India Table shows average room rate by city India is currently seen as a huge growth market, with demand for hotel rooms far outstripping supply. ... This is forecast to continue as major developments are planned, particularly in the ASPAC and MEWA regions.
Additionally, there is further public information available to identify incremental revenue possibilities and expense margins for forecasting purposes. ... Fractional and condominium hotel development is aimed at providing incidental overnight stay demand with an alternative option. This will have impact on demand for traditional hotel rooms.
In the UAE, WTTC is forecasting: Demand : Encompassing all components of Travel & Tourism consumption, investment, government spending and exports to grow 2.1 per cent (real terms) and total AED74.7 billion ... In the revised UAE forecast, the implied value for the number of tourist arrivals by 2015 is 14.0 million, compared to 10.5 million previously forecast.
This will boost US online retail sales from $172 billion in 2005 to $329 billion in 2010, according to a new forecast by Forrester Research, Inc. (Nasdaq: FORR). ... The Forrester report includes a five-year forecast (with graphic) that breaks out online sales across 15 retail categories, including travel.
For 2005, OECD has forecast growth in the volume of GNP by 1.2%, bringing it closer to the 3.6% growth expected in the United States. ... These indications are in line with the MKG Consulting’s forecast at the end of 2004, for the entire year 2005 (+3% to +5%).
The demanding room growth target we have set out today underlines my confidence in our future. ... Germany, with 2.3% RevPAR decline, saw demand fall as oversupply continued in several of IHG's main markets.
To reflect the loss of leisure and business demand, including group and contract business, our scenario reflects reduced demand for 2005Q4 between 15,000 to 20,000 occupied rooms, under various scenarios ... Overall, demand growth is expected at 3.1 percent in 2005 compared to 3.5 in the original forecast, while occupancy is expected at 62.8 percent down from 63.0 percent.
Casino Windsor, located in Windsor, Ontario, Canada, engaged UniFocus to implement the Watson R.M. program, which provides integrated business forecasting, labor planning, and scheduling. ... Labor Management System has helped the property refine its forecasting of short-term business volumes, which is the first step in effective staff planning.
The hotel's 2006 Earnings Before Interest Expense, Taxes, Depreciation and Amortization (EBITDA) is forecasted to be approximately $24.5 million (EBITDA equals forecasted GAAP operating profit of approximately ... "anticipate," "believe," "could," estimate," "expect," "intend," "may," "plan," predict," "project," "will," "continue" and other similar terms and phrases, including references to assumption and forecasts
The forecast 0.9 percent increase for Labor Day is the smallest expected rise since Memorial Day 2003, when holiday travel began to rebound after the 9/11 attacks and Iraq invasion, AAA said. ... The higher hotel rates coincide with strong demand for hotel rooms, with 39 percent of the total Labor Day travelers expecting to stay at a hotel/motel.
Counteracting this factor is the aforementioned observation that the demand seems to have become more accustomed to such attacks. ... In the rest of the countries of the region, if the normal pace of development of tourism is not altered, demand is expected to perform in line with the trend observed over the past several years.
"Glendale, which is located north of downtown Los Angeles, features diverse demand drivers, healthy employment growth and an improving hotel market. ... Further, these forecasts assume no additional acquisitions for the remainder of 2005. These forward-looking statements are subject to risks and uncertainties.
Most of our hotels are located near a state capitol, university, convention center, corporate headquarters, office park or other stable demand generator. ... These statements contain the words "believe," "anticipate," "estimate," "expect," "forecast," "project," "intend," "may," and similar words.