NYU International Hospitality Industry Investment Conference

Transcription

1 NYU International Hospitality Industry Investment Conference Industry Update: The Statistical Reality Presented by Randy Smith, Chairman and Founder, STR

2 Global Lodging Performance

3 Global Regions Occupancy Year-over-Year % Change - YTD April Americas Europe Middle East/Africa Asia Pacific Source: STR Global

4 Global Regions ADR ($) Year-over-Year % Change - YTD April Americas Europe ( ) Middle East/Africa Asia Pacific Source: STR Global

5 20 Global Regions RevPAR Year-over-Year % Change - YTD April Americas Europe Middle East/Africa Asia Pacific Source: STR Global

6 Europe vs. United States Seasonally Adjusted Demand (Millions of Room Nights) January 2005 through April Europe US Source: STR Global

7 Europe vs. United States Seasonally Adjusted Occupancy Percent January 2005 through April Europe US Source: STR Global

8 Europe vs. United States Seasonally Adjusted ADR January 2005 through April Europe ( ) US ($) Source: STR Global

9 US Lodging Performance

10 Total United States Monthly Room Supply Seasonally Adjusted 1998 to April CAGR 1.6%

11 Total United States Room Supply Percent Change January 2003 April

12 Total United States Monthly Room Demand Seasonally Adjusted 1998 to April CAGR 1.2%

13 Total United States Room Demand Percent Change January 2003 April

14 Total United States Room Supply/Demand Percent Change Twelve Month Moving Average 1989 to April June % Jan % Oct % Supply % Change Demand % Change Mar % Aug % Aug % Feb %

15 Total United States Occupancy Percent Seasonally Adjusted 1998 to April CAGR -0.3%

16 Total United States ADR Seasonally Adjusted 1998 to April CAGR 2.2% $ Oct Years $85.98 Nov 2000 Nearly 4 Years $86.12 Oct

17 Total United States Room Rate Percent Change January 2003 April

18 Total United States Occupancy/ADR Percent Change Twelve Month Moving Average 1989 to April Jan June Occ % Chg ADR % Chg Mar Aug Oct Sept Apr Jan

19 Total United States RevPAR Seasonally Adjusted 1998 to April CAGR 1.7% $66.94 Nov Years + 60 $54.86 Nov Years $55.38 Feb

20 Total United States Key Performance Indicators Percent Change April YTD Supply Demand Occupancy ADR RevPAR

21 Total United States Occupancy and ADR Percent Change April YTD & Weekly through 5/26 6% 5.1% 5.2% Occupancy % Chg ADR % Chg 4% 3.1% 4.2% 4.5% 3.2% 4.4% 4.4% 2% 1.1% 0% 0.1% Apr YTD 5/5 5/12 5/19 5/26

22 Chain Scale Performance

23 Chain Scales Supply / Demand Percent Change April YTD Supply Demand Luxury Upper Upscale Upscale Upper Midscale Midscale Economy

24 Chain Scales Occupancy / ADR Percent Change April 2012 YTD Occupancy ADR Luxury Upper Upscale Upscale Upper Midscale Midscale Economy

25 Transient and Group Performance

26 Total United States Transient and Group Room Demand Percent Change January 2007 April Transient Group NOTE: Data is for upper tier hotels only (luxury chains, upper upscale chains, and upper tier independent hotels).

27 Total United States Transient and Group ADR Percent Change January 2007 April Transient Group NOTE: Data is for upper tier hotels only (luxury chains, upper upscale chains, and upper tier independent hotels).

28 U.S. Lodging Industry Projections As of June 4, 2012 Smith Travel Research, Inc. and/or STR Global, Ltd. (collectively for these purposes, STR ) are the exclusive owners of all rights in these Industry Presentations and their content. Reproduction of all or a portion of these presentations for any purpose without prior approval of STR is strictly prohibited. This presentation is based on information compiled by STR. No strategic or marketing recommendations or advice are intended or implied.

29 U.S. Economic Outlook Blue Chip Economic Indicators April F 2013F Real GDP +1.7% +2.3% +2.6% CPI +3.2% +2.4% +2.2% Corporate Profits +7.9% +5.0% +5.8% Disp. Personal Income +1.3% +1.4% +1.9% Unemployment Rate 8.5% 8.2% 7.7%

30 Total United States Active Development Pipeline Rooms Change From Last Year Phase April 2012 April 2011 Difference % Change In Construction 61,287 50,335 10, % Planned Pipeline 231, ,088-40, % Active Pipeline 292, ,423-29, % Planned Pipeline includes projects in Final Planning and Planning phases

31 Hotel Demand Directionally Following GDP Growth Total US Hotel Rooms Sold vs. GDP - Quarterly Change st Qtr GDP % Chg Demand % Chg q1 1992q1 1995q1 1998q1 2001q1 2004q1 2007q1 2010q1 Note: Percentage change is current quarter vs. same quarter last year (GDP in 2005 dollars) Source: BEA

32 Total United States Forecast 2012 / 2013 Key Performance Indicator % Change 2012 Forecast 2013 Forecast Supply 0.5% 1.1% Demand 2.0% 1.8% Occupancy 1.5% 0.7% ADR 4.0% 4.6% RevPAR 5.5% 5.4%

33 Total United States Chain Scale Key Performance Indicator Outlook 2012F by Chain Scale 2012 Year End Outlook Chain Scale Occupancy (% chg) ADR (% chg) RevPAR (%chg) Luxury 2.6% 5.1% 7.9% Upper Upscale 1.5% 4.2% 5.7% Upscale 2.3% 4.6% 7.1% Upper Midscale 1.4% 4.0% 5.5% Midscale 2.8% 1.4% 4.3% Economy 1.4% 3.1% 4.5% Independent 0.5% 3.5% 4.0% Total United States 1.5% 4.0% 5.5%

34 GOP % Total United States Estimated Total Revenue and Profitability Years Revenue Profit GOP% Total Revenue and Profit in Billions

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