"demand forecasting" - Search

October 13, 2002

Jarvis Hotels Plc Proposed 150 Million Pounds Sterling Sale and Leaseback of 9 Hotels and Return of up to 85 million pounds Capital to Shareholders by way Of a Tender Offer at a Fixed Price of 137.5p per Share

This statement does not constitute a profit or asset value forecast for the Company and accordingly it should not be inferred that the Company's profits or asset value will necessarily be greater than ... The board views the current trends with cautious optimism and is confident that given the regional hotel base, the broad spread of corporate and leisure business, and the less demanding comparisons with

Ramada Jarvis

Supplier News Technology

October 13, 2002

On Command Installs First Commercially Viable Small Hotel Video-On-Demand System

On Command announced plans to address the void in providing on-demand entertainment services to the small hotel market in June 2002. ... "The early results show there is clearly a demand for in-room movies from small hotel guests. Preliminary RER's are in the 65 cents per room, per day range. Better than we had forecasted."

On Command Corporation

Supplier News Operations & Strategy

October 10, 2002

Residence Inn by Marriott Opens in Saddle River, N.J.

negatively affect the travel industry and/or company in ways and to an extent that cannot be anticipated, (ii) the relative strength and performance of businesses and industries that are important demand ... generators in the company's key markets, (iii) international, national, regional and local economic conditions that will, among other things, affect demand for the company's hotel rooms and the availability

Marriott

Press Release Finance

October 6, 2002

Prime Hospitality Revises Earnings Guidance - Due To The Continued Weakness In Business Travel, Particularly During The First Two Weeks Of September

"While July and August results were down slightly from our forecasts, we experienced a significant variance to forecast in the first two weeks of September", said A. F. ... These risks include but are not limited to changes in economic conditions, supply and demand changes for hotel rooms, competition within the lodging industry, relationships with owners, franchisees and

Prime Hospitality

Press Release Finance

October 3, 2002

War Dampens Hotel Turnaround in 2003 - Research Companies Estimate How War Effects the Recovery for Branded Hotels

While supply growth is anticipated to moderate at 2.3%, demand for hotel rooms is forecast to increase by 6.3%, leaving a sizeable gap in supply and demand conditions. ... "Our quarterly lodging forecasts for the nation and metropolitan areas come directly from econometric models, which convert forecasts of economic activity into forecasts of demand, supply, and financial

CBRE Hotels

Report Finance

September 1, 2002

HVS Hospitality Enews Europe - W/e 30 August 2002

"We anticipate considerable short-term consolidation activity and a strengthening of institutional investment demand in the market, and - consequently - the growing need for specialized professional expertise ... For the six months to 30 June Hilton recorded a 9.9% fall in pre-tax profit to £130.0 million, a figure which came close to the top end of the range forecast by certain analysts.

HVS

Press Release Sales & Marketing

August 28, 2002

PATA Releases Pacific Asia Tourism Forecasts 2002-2004

The study was prepared by two of the world's foremost practitioners of the art of econometric modelling of tourism demand, professors Lindsay W. Turner and Stephen F. Witt. ... Within Southeast Asia, Cambodia, Thailand and Vietnam are all forecast to perform better than the aggregate average over the period.

PATA

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Tambourine

Press Release Finance

August 27, 2002

Economic Events to Restrain Lodging Demand Growth Through Remainder of 2002 PwC Reports

NEW YORK, The demand for lodging is being rocked by a variety of economic and security concerns, including the failure of the economy to strengthen to the extent most economists had forecast, the negative ... The economy and the specific effects of the recent events will restrain lodging demand growth and encourage continued discounting through the end of 2002, causing PricewaterhouseCoopers LLP's forecast

PwC (US)

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Tambourine

Report Technology

August 26, 2002

In-Stat/MDR Reports Infant Hotel Broadband Market to Experience Rebirth in 2H 02

history, with the combined effect of an unsustainable business model and lower occupancy following Sept. 11 nearly destroying the infant market, the market has received new lifeblood as the growing demand ... The largest contributor to this market, throughout the forecasted period, will be the North American market, specifically the United States.

Press Release Finance

August 15, 2002

Profit Machine, Sydney's Hotel Ibis World Square, Up For Sale

Three new office developments planned in the immediate vicinity of the Hotel Ibis World Square, including The Latitude at World Square Tower, are also forecast to add an additional 116,000 square metres ... "This will also stimulate hotel corporate demand in the local area, having a positive impact on the Hotel Ibis World Square's market mix and average room rate."

JLL

Report Finance

August 12, 2002

HVS E-Newsletter, Asia Pacific - 2 August 2002

For the first six months of 2002, total arrivals have grown by 12.8% to 7,503,103, well ahead of the HKTB's initial forecast of 7.9% growth for the year. ... Absolute Share Price Performance, as at 2 August 2002 HVS was founded by Stephen Rushmore in 1980 to satisfy an ever growing demand for reliable and well documented hospitality market studies, feasibility

HVS

Press Release Finance

August 8, 2002

Orient-Express Hotels Announces Second Quarter and Six Months Results

He concluded by repeating management's earlier forecast that same store RevPAR is expected to be higher in the third and fourth quarters compared with 2001 and net earnings for the year are expected to ... difference include, but are not limited to, those mentioned in the news release, unknown effects on the travel and leisure markets of terrorist activity and any police or military response, varying customer demand

Belmond

Report Sales & Marketing

August 7, 2002

San Jose (Silicon Valley) Market Overview - Written By: George A. Comitos (HVS International)

As a result, demand for extended-stay rooms has increased and is now second only to commercial transient demand, particularly in the North San Jose/Santa Clara hotel markets. ... Drawing leisure demand has always been somewhat of a challenge throughout Silicon Valley, as there are few strong generators of this demand segment.

HVS

Press Release Finance

August 4, 2002

Four Seasons Hotels Inc. Reports Second Quarter 2002 Results

In addition, certain of the US city centre hotels experienced reduced Middle Eastern travel demand. ... "Booking windows have stayed relatively short, making it difficult to forecast demand levels. As a result, we remain cautious in our outlook for the remainder of 2002."

Four Seasons

Press Release

August 2, 2002

Smith Travel Data Shines Spotlight On Twin Cities Management Firm Using Maestro PMS From NORTHWIND To Capture Area's Top Revpar

Maestro Builds Customized Reports, Last Minute Packages "We are a corporate driven hotel and highly segmented in the way we forecast our demand such as unique groups, contract, leisure, corporate, and ... "With our previous system we had to blend four or five reports to come up with the monthly forecast. Now it's one report, the 'Forecast Report.'

Maestro

Press Release Finance

July 22, 2002

Extended Stay America, Inc. Releases 2nd Quarter, 2002 Financial Report

lodging industry, improvements in demand for the Company's extended stay lodging products, and availability of funds within the constraints of its credit agreements. ... We remain committed to accelerating our development plans in the future and are endeavoring to increase our investment in new development for 2003 as demand fundamentals improve."

Extended Stay

Press Release

July 7, 2002

Smith Travel Data Shines Spotlight on Twin Cities Management Firm Using Maestro PMS from NORTHWIND to Capture Area's Top RevPAR

Press Release Human Resources

July 2, 2002

Jones Lang LaSalle Hotels Expands Sydney Team

Key areas of Mr Craig's expertise include income based hotel/tourism property valuations, feasibility studies, cashflow forecasting, demand studies as well as income-based valuations of specialist properties

JLL

Supplier News

July 1, 2002

OPUS 2 TopLine Profit Revenue Management System Delivers a 40% Increase In Room Revenue for Shanghai JC Mandarin in First Year of Installation

The feature that has been the most important to us is the ability to evaluate future group business using automated forecasts based on the pick-up trends of the city. ... TopLine PROFIT provides a nearly effortless avenue of increasing revenue right from existing demand."

Oracle Hospitality

Press Release Finance

June 27, 2002

2002 Hospitality Investment Survey from PKF Consulting Finds Declining Values Due to an Uncertain Market

Forecasts from the HRG/Torto Wheaton Research Hotel Outlook econometric model indicate that, as a group, the major metropolitan markets will not surpass their 1999-2000 RevPAR levels until 2004. ... "The demand-side protection afforded by limited-service properties against changes in travel patterns, as well as the current low supply growth in the limited-service sector, jointly contribute to the

CBRE Hotels