The expected 9-month 2005 property EBITDA is forecasted to be in the range of $19 million to $21 million. ... Both properties provide our asset management team with avenues to add substantial value to well-located urban hotels in growing markets with multiple demand generators.
"Additionally, our convention-oriented properties also generated solid results as the group segment exhibited steady improvements in demand." ... "Demand growth should continue to substantially outpace supply growth. As a result, we expect to generate pricing power in many markets where we own hotels.
anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "will," "continue" and other similar terms and phrases, including references to assumption and forecasts ... These risks include, but are not limited to: national and local economic and business conditions, including the potential for terrorist attacks, that will affect occupancy rates at our hotels and the demand
"I have personally inspected 14 of our properties in the last 90 days and they have uniformly reported significant fourth quarter gains over the prior year and perhaps more importantly, are forecasting ... We are having to increase capacity of both hotels and trains in the Peruvian Andes to meet the demands of the growing market." Restaurants.
We believe we are in the early innings of a well-entrenched recovery, and we are looking forward to a robust 2005 due to the positive market dynamics of low supply growth and rising demand. ... forecast for the company's year 2005, forecasted financial results are as follows (in millions, except per share data): 1Q 2Q 3Q 4Q Year 2005 2005 2005 2005 2005 ---------------------------------------
“Information must be available everywhere great guest service demands it,” Berkus stated. ... Optimistically forecasting the future of technology utilization within the hospitality industry, Berkus ended his presentation with a description of some of the newly emerging tools and technologies which
Interestingly, in both those markets, the Hotel Outlook forecast projects occupancy and ADR increases. Two markets showed less pronounced differences between the per diem changes and the forecasts. ... Nevertheless, for most other markets, the GSA changes and HRG/TWR forecasts were widely dissimilar.
The relative value of the U.S. dollar has suppressed U.S. travel to the Euro zone, however, it is has benefited travel to the U.S., and, therefore, lodging demand. ... Assuming continuing dollar weakness in 2005, based on the latest forecast by Macroeconomic Advisers, we forecast an incremental 11,162 occupied rooms per night for the U.S. lodging industry, or 0.2 occupancy
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.
Based on the forecasted growth in demand we expect that another 75,000 to 80,000 rooms will need to be added, across the country, in the next five years, to be able to meet the increase in demand. ... The demand-supply imbalance indeed presents an ideal opportunity and is a boon for budget brands looking at India.
The "etc." may include rates, forecasts, and REVPAR projections. This is usually handled through instant access to the computerized data from each cluster property. ... Efficiencies are demanded and often capital improvements deferred. Survival for both the owner and management company becomes preeminent.
Last year, we saw a tremendous rebound of about 23% in outbound business from Japan, one reason being the pent-up demand for overseas travel following 2003. ... Angellini We will see increased demand for customised and personalised travel, helped by advanced technology.
Consider the following forecast from PKF. Demand is expected to increase by 2.8%. ... Supply is anticipated to increase by only 1.6% but ADR is forecasted to increase by a whopping 4.7% resulting in an average REVPAR increase of between 7.7 and 8.4% in 2005.
How the Econometric Forecasts are Developed (1) The multi-equation model explicitly designed by HRG/TWR to forecast national and metropolitan lodging market activity consists of three forecasting equations ... market data series from Smith Travel Research and forecast economic series from Economy.com, lodging market forecasts are developed.
Los Angeles, CA | Capitalizing on strong market demand for a lower-upscale lodging product as well as its own capacity to build brand loyalty in a highly competitive consumer marketplace, worldwide lodging ... RevPAR forecasts for the segment show increases through 2006, and existing pipelines indicate a healthy appetite among developers for product that fits into the lower-upscale category.
The year marked a pickup in demand, notably pertaining to "business" customers. ... The positive change in demand has continued, which has allowed for an increase in average daily rates.
Based on our third quarter forecast for full year 2004, our investment in the Courtyard joint venture will generate a loss per diluted share of approximately $(.03). ... include, but are not limited to: national and local economic and business conditions, including the potential for additional terrorist attacks, that will affect occupancy rates at our hotels and the demand
As indicated in the chart below, four of the nation’s Top 50 markets are forecast to experience slight declines in average room rates. ... "Given the increases in room rates forecast for the next few years, we are expecting hotel profitability to once again begin to rise," Woodworth concludes.
With a history spanning over 100 years, The Breakers found itself working to balance the needs of its loyal clientele against an ever increasing demand for its product. ... “Specifically we were looking for ways to balance our needs for strategic forecasting and greater granularity in length of stay restrictions, against our customer’s historical expectations
"With all the pent-up demand carried over from 2003, we were expecting a bounce-back year," said Mr Koldowski. ... The PATA SIC also provides IVA forecasts up to three years ahead in its Asia Pacific Tourism Forecasts series.