Sherwood, President, said that it was too soon to forecast the impact on 2001 earnings of the September 11th tragedy. ... currency value fluctuations, adequate sources of capital and acceptability of finance terms, global and regional economic conditions, shifting patterns of business travel and tourism and seasonality of demand
"Potential franchisees will be able to better predict and forecast revenue opportunities specific to them." ... HVS International was created in 1980 to satisfy the growing demand for reliable and well-documented hotel market studies and feasibility reports.
A lot of people have asked us what's going to happen to our forecasts. Today, to support the killer app claim, over 31 cents out of every dollar spent online is on a travel-related purchase. ... PhoCusWright forecasted a US$20 billion market this year in the U.S. and $30 billion worldwide.
"Even with the record declines in RevPAR forecast, there will not be an industry aggregate loss. ... "These are the most difficult circumstances with the greatest uncertainty for developing forecasts.
LOS ANGELES, Sept 10 - U.S. hotel revenues fell slightly in August after five months of slumping demand, according to analysts and preliminary data released on Monday, but room rates largely held steady ... Numbers for that segment also were in line with a similar forecast from Marriott International Inc.
It optimizes based on forecast of demand sensitivity to changes in price and other demand determinants, such as channel, geography and product type." ... PROS' solutions forecast demand, optimize inventory and provide dynamic pricing to maximize revenue.
LOS ANGELES (Reuters) - U.S. hotel revenues dropped 6 percent in July, as monthly room prices fell for the first time in years and demand from business travelers flagged, according to figures released ... The 6 percent year-on-year drop in revenues per available room or revpar, the industry standard, was greater than the 3 percent to 5 percent dip forecast earlier this month by industry tracking firm Smith
PROS' Hospitality Revenue Management System forecasts guest reservation demand and optimizes inventory by length-of-stay and market segment to identify the inventory allocations and bid prices that maximize ... PROS' solutions forecast demand, optimize inventory and provide dynamic pricing to maximize revenue.
Automated revenue management applications provide such a solution, doing their best, most valuable work when demand is fluctuating between busy and not-so-busy nights, and not just when hotels are sure ... The forecasting component, for example, projects future demand for all the future days in your inventory, giving you a wealth of information about what your business is going to be like."
"In particular, oil exporters such as Colombia and Venezuela may be impacted by the forecast drop in oil prices. ... "The market is reliant on increases in demand from the corporate sector to boost overall performance.
In meeting the dynamic demanding needs of today's challenges in the hospitality industry, Utell Customer Learning combines the knowledge of distribution channels and yield management to help Utell member ... Courses include yield strategy assessment, defining data sources, targetting customers, pricing / rate plans, increasing market share, forecasting and action planning.
According to the analysts, this is not just another hockey-stick forecast. "Price erosion for net access will see revenues shrinking after 2007," said report co-author Sandy Fitchet. ... The package includes a comprehensive 140-page report that provides quantified analysis covering end-user demand, financial returns from deployment, market growth projections, competitor profiles and practical
Vago forecasts Danubius's full-year 2001 profit to be approximately euro 15.4 million, little changed on 2000. Hilton to Acquire Queens Moat Houses' German Hotels? ... Mövenpick expects a better second-half performance, assuming that the demand pattern does not deteriorate further, with higher season-related sales and improved operating results.
It demands the hotelier to react instantly to the changing market conditions by dynamically adjusting pricing and availability of inventory. ... Jupiter Communications forecasts that online travel bookings will top $20 billion in 2001 and are expected to grow ten-fold over the next five years.
Driven in part by the advent of the Internet, today's hotel owner/investor/developer demands the six star look, whether or not they have the budget. ... The best way to adjust to shifting winds of fortune is to have a reliable forecast.
The solutions have better enabled Princess Cruises to forecast consumer demand, optimize fare-class mix, and create promotions that maximize net revenue contribution, enhancing the profitability of this ... The Manugistics solutions help create dynamic forecasts -- by voyage -- for hundreds of micro-markets correlated to individual or group demand.
As a result, we believe we will be positioned to benefit from increases in demand accompanying improvements in the economy." ... Additional discussion of factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in the Company's SEC filings.
For the year, PricewaterhouseCoopers forecasts RevPAR to decline 0.3 percent from 2000 levels. The statistical range of the forecast includes values slightly above 0. ... This forecast is highly dependent on the GDP growth forecast of 1.8 for 2001 by Macroeconomic Advisers.
Hotel guests are able to choose from interactive broadband services including digital video-on-demand movies with enhanced TV features such as pause, reverse, fast-forward and bookmark which allow guests ... to stop and restart a movie over a 24-hour period, digital on-demand movie previews, high-speed TV and laptop Internet access and digital satellite TV programming.
It demands the hotelier to react instantly to the changing market conditions by dynamically adjusting pricing and availability of inventory. " Hoteliers must take action and develop robust eBusiness strategies ... Jupiter Communications forecasts that online travel bookings will top $20 billion in 2001 and are expected to grow ten-fold over the next five years.