Hotel Industry Update. Stephen Hennis, CHA, ISHC
|
|
- Oswin McKenzie
- 5 years ago
- Views:
Transcription
1 Hotel Industry Update Stephen Hennis, CHA, ISHC 1
2 Through Aug 2012: Strong Results Despite Headwinds % Change Room Supply* 1.2 bn 0.4% Room Demand* 741 mm 3.3% Occupancy 63% 2.9% A.D.R. $ % RevPAR $67 7.3% Room Revenue* $78 bn 7.7% YTD August 2012, Total US Results * All Time High 2
3 Demand Growth Expected To Slow to ~2%. Supply Not An Issue 8 8.0% 4 3.7% 0-0.9% -4 Supply Demand - 4.7% % *Total US, Supply & Demand % Change, 12 MMA 1/1990 8/2012 3
4 ADR Rebound Trajectory Flattens Out (Too?) Early 6.9% 7.4% 5 4.2% 0-0.2% -0.9% -5 Demand ADR -4.7% -4.6% % -8.7% *Total US, ADR & Demand % Change, 12 MMA 1/1990 8/2012 4
5 ADR Growth Is Moderate But Steady Jan-11 Jul-11 Jan-12 Jul-12 * Total US, ADR $ % Change, by Month, 1/11 8/12 5
6 Market Segments 6
7 August 2012: Transient Demand Breaks Records, But Millions Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec *Transient Demand in Millions of Rooms; 2007, 2011, 2012 Data is for upper tier hotels only (LUX & UU chains, & Upper Tier independents) 7
8 Transient ADR Still Lags 2007 Results (But Not By Much) $ $180 $170 $160 $150 $140 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec *Transient ADR $, 2007, 2011, 2012 Data is for upper tier hotels only (LUX & UU chains, & Upper Tier independents) 8
9 12 August 2012: Group Rooms Sold Tracking With 2007, But Millions Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec *Group Demand in Millions of Rooms, 2007, 2011, 2012 Data is for upper tier hotels only (LUX & UU chains, & Upper Tier independents) 9
10 Group ADRs Still Depressed $ $160 $150 $140 $130 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec *Group ADR $, 2008, 2011, 2012 Data is for upper tier hotels only (LUX & UU chains, & Upper Tier independents) 10
11 Markets 11
12 Since 2008: How Much Did ADRs Recover? $33 $34 $17 $19 $2 $3 $4 $4 $5 $6 $8 $8 $9 $10 $11 $13 ATL DAL DC HOU STL ORL DEN SD NAS PHI CHI LA NO BOS SF NYC * Selected 16 Markets, ADR $ Change From Prior Trough, as of 7/12 12
13 Since 2007: How Much Are Markets Still Off Peak ($)? $10 $8 $0 -$1 -$1 -$2 -$6 -$7 -$8 -$8 -$9 -$11 -$11 -$12 -$13 -$34 NO SF NAS STL BOS LA PHI DEN ATL HOU DAL ORL DC CHI SD NYC * Selected 16 Markets, ADR $ Change From Prior Peak, as of 7/12 13
14 RevPAR Recovery 14
15 RevPAR Recovery Tracts 90%+ of Peak RevPAR 15
16 RevPAR Recovery Tracts Below 90% of Peak RevPAR 16
17 U.S. RevPAR Recovery $110 Jul 2008 $105 Aug 2012 $100 ADR $95 Mar 2010 $90 $85 $80 Sep % 56% 58% 60% 62% 64% Occupancy 17
18 2012/2013 Forecast 18
19 Total United States Key Performance Indicator Outlook (% Change vs. Prior Year) Outlook 2012 Forecast 2013 Forecast Supply 0.5% 0.9% Demand 2.6% 1.2% Occupancy 2.1% 0.3% ADR 4.4% 4.6% RevPAR 6.5% 4.9% 19
20 Forecast summary 2012 Supply 0.5% 0.4% 0.5% Demand 2.6% 2.8% 3.0% Occupancy 2.1% 2.4% 2.5% ADR 4.4% 4.2% 4.6% RevPAR 6.5% 6.7% 7.2% 2013 Supply 0.9% 0.8% 0.7% Demand 1.2% 2.0% 1.3% Occupancy 0.3% 1.1% 0.6% ADR 4.6% 5.0% 4.9% RevPAR 4.9% 6.2% 5.6% 20
21 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 3.1% 4.8% 8.0% Upper Upscale 2.2% 4.5% 6.8% Upscale 1.7% 4.4% 6.2% Upper Midscale 2.2% 4.2% 6.5% Midscale 2.9% 2.4% 5.5% Economy 1.7% 3.7% 5.4% Independent 1.7% 4.4% 6.2% Total United States 2.1% 4.4% 6.5% 21
22 Total United States Chain Scale Key Performance Indicator Outlook 2013F by Chain Scale 2013 Year End Outlook Chain Scale Occupancy (% chg) ADR (% chg) RevPAR (%chg) Luxury 1.9% 6.3% 8.3% Upper Upscale -1.0% 4.2% 3.2% Upscale 2.2% 5.5% 7.9% Upper Midscale -0.5% 4.5% 4.0% Midscale 1.3% 2.3% 3.6% Economy 0.8% 3.1% 3.9% Independent -0.6% 4.3% 3.6% Total United States 0.3% 4.6% 4.9% 22
23 Profitability 23
24 Total United States Estimated Total Revenue and Profitability* Years $180 $160 $140 Revenue Net Income % Net Income $120 $ Total Rev $80 $60 $40 $ NOI % of $ *Representing all U.S. hotels that collectively provide room revenue data to STR. Net Income defined as House Profit less management fees, property taxes, insurance, and an imputed 4.0% reserve for replacement expense 24
25 Investment Activity 25
26 Hotel Transaction Volume Sep 2012 $35 $30 $25 Billio ons $20 $15 $10 $5 $ YTD
27 Average Price per Room Sep 2012 $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $ YTD
28 Additional Capital per Room $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $
29 Average Room Revenue Multiplier Sep
30 13.0% 12.0% 11.0% 10.0% Average Cap Rate on TTM NOI Sep % 8.0% 7.0% 6.0% 5.0% 9.3% 4.0% YTD
31 Hotel Investors Gauge Q Acquisition Underwriting Parameters Hold Period 5.7 yrs Leveraged IRR 18.5% Cap Rate on TTM NOI 8.5% 31
32 Average Loan Interest Rate 2000 Sep % 9.0% 8.0% 7.0% 6.0% 6.1% 5.0% 4.0% YTD
33 Hotel Investors Gauge Q Financing Terms Loan Term 6.2 years Loan to Value 65% LIBOR Spread 350 bps Debt Service Coverage Ratio
34 Distressed Asset Trades 2011 vs YTD Sep YTD % 31% 68% Performing Distressed 87% 34
35 Active Transaction Markets YTD Sep 2012 Market Deals Average Price/Rm Deal Volume RRM New York 11 $584,000 $1,890M 6.97 Washington, DC 7 $300,000 $410M 5.66 CA Central Coast 4 $296,000 $120M 4.94 San Francisco 5 $231,000 $380M 4.76 Chicago 8 $221,000 $480M 5.46 Miami 4 $216,000 $200M 5.37 Boston 5 $174,000 $190M 4.60 Atlanta 7 $130,000 $230M 5.06 Nashville 8 $107,000 $150M
36 Transactions Stats by Location YTD Sep 2012 Location Deals Average Price/Rm RRM Urban 65 $310, Resort 19 $150, Suburban 84 $115, Airport 16 $87, Small Metro/Town 27 $71, Interstate 20 $29,
37 Transactions Stats by Class YTD Sep 2012 Location Deals Average Price/Rm RRM Luxury 15 $471, Upper Upscale 53 $181, Upscale 55 $191, Upper Midscale 50 $140, Midscale 13 $33, Economy 45 $30,
38 Average Price per Room by Class YTD Sep 2012 $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 Luxury Upper Upscale Upscale Upper Midscale Midscale Economy 38
39 39
Southern Lodging Summit Memphis, TN. Presented by Randy Smith Founder Smith Travel Research
Southern Lodging Summit Memphis, TN Presented by Randy Smith Founder Smith Travel Research Total US - Key Statistics 12-Months Ending July 2012 % Change Hotels 52.3 k Room Supply 1.8 bn 0.4% Room Demand
More informationNYU International Hospitality Industry Investment Conference. Amanda W. Hite STR President & COO
NYU International Hospitality Industry Investment Conference Amanda W. Hite STR President & COO Supply Middle East Leads in Development 6 5.9 4 3.8 2.5 2 1.0 1.2 1.1 0 Central- South America Europe Middle
More informationBeyond Bullet Points: Statistics, Trends and Analysis
Beyond Bullet Points: Statistics, Trends and Analysis Vail R. Brown VP, Global Business Development & Marketing Vail@str.com @vail_str 5 THINGS TO KNOW www.hotelnewsnow.com Click on Data Presentations
More informationNYU International Hospitality Industry Investment Conference
NYU International Hospitality Industry Investment Conference Industry Update: The Statistical Reality Presented by Randy Smith, Chairman and Founder, STR Global Lodging Performance Global Regions Occupancy
More informationHospitality Outlook Asheville, NC
Hospitality Outlook Asheville, NC Chad Church STR cchurch@str.com 2017 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a part of this presentation without the prior written approval
More informationHotel Industry Overview
Hotel Industry Overview Lodging Conference Ali Hoyt Senior Director, Consulting and Analytics ahoyt@str.com 2018 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a part of this
More informationLodging Industry Trends June 14, 2018
Lodging Industry Trends June 14, 2018 Chris Klauda, CHIA Senior Research Director, STR cklauda@str.com 2018 STR. All Rights Reserved. No Need To Take Notes Download This Presentation www.hotelnewsnow.com
More informationUS LODGING INDUSTRY OVERVIEW
US LODGING INDUSTRY OVERVIEW Mark V. Lomanno President SMITH TRAVEL RESEARCH Presentation Outline US Lodging Industry Macro Trends Daily Data Chain Scales Resort Performance Construction Pipeline Forecast
More informationStatistically Speaking
Statistically Speaking NYU International Hospitality Investment Conference June 2018 Amanda W. Hite President & CEO ahite@str.com 2018 STR, Inc. All Rights Reserved. Any reprint, use or republication of
More informationHotel InduSTRy Overview What Lies Ahead
Hotel InduSTRy Overview What Lies Ahead Vail R. Brown Vice President, Global Business Development & Marketing www.hotelnewsnow.com Click on Hotel Data Presentations U.S. In Review Demand Growth Strong.
More informationLodging Market Update. Valley Hotel and Resort Association April 13, 2016 Presented by: Robert Hayward
Lodging Market Update Valley Hotel and Resort Association April 13, 2016 Presented by: Robert Hayward United States Lodging Market 63.7% 59.8% 58.9% 59.2% 61.3% 63.1% 63.3% 63.1% 60.3% 55.1% 57.5% 59.9%
More informationGlobal Hotel Industry Outlook
Global Hotel Industry Outlook NYU 2011 Mark V. Lomanno CEO STR www.hotelnewsnow.com Click on Industry Presentations Agenda Global Hotel Performance US Hotel Performance Chain Scales Group/Transient Distribution
More informationHospitality Outlook Asheville, NC
Hospitality Outlook Asheville, NC Chad Church STR cchurch@str.com 2018 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a part of this presentation without the prior written approval
More information5 THINGS TO KNOW IN Vail R. Brown, STR
5 THINGS TO KNOW IN 2014 Vail R. Brown, STR VAIL R. BROWN Vice President of Global Business Development and Marketing for STR. Mrs. Brown is responsible for the overall coordination, functional management
More informationSouthern Lodging Summit 2018
Southern Lodging Summit 2018 U.S. & Memphis Hotel Industry Performance Amanda W. Hite President & CEO ahite@str.com @HiteAmanda 2018 STR, Inc. All Rights Reserved. Any reprint, use or republication of
More informationFundamental Certainty
Fundamental Certainty.or No? a presentation at: R. Mark Woodworth PKF Hospitality Research, LLC May 7, 2013 mark.woodworth@pkfc.com Hotel Horizons Forecasting Model Smith Travel Research Historical rooms
More informationDiscounted Cash Flow Analysis. Basic Information. Smith Investment Group. Property Address: 456 Sample St, Sampletown, SA, Year Built: 1995
Discounted Cash Flow Analysis Prepared For: Company: Prepared By: Company: Mr. John Smith Smith Investment Group Sample Underwriter Sample Analysis Basic Information Property Name: Sample Retail Property
More information2012 Annual Conference THE HEAT IS ON! A New World Competition
2012 Annual Conference THE HEAT IS ON! A New World Competition Going for Gold! Review of Global Hotel Performance with a focus on Olympic performance Elizabeth Winkle, STR Global InterContinental Buckhead
More informationBoston & Cambridge OUTLOOK 2019 Revised October 2018
Boston & Cambridge OUTLOOK 2019 Rachel J. Roginsky, ISHC Principal, Pinnacle Advisory Group rroginsky@pinnacle-advisory.com Boston & Cambridge Historic Occupancy 85.0% 80.5% 81.6% 81.5% 80.9% 82.2% 80.0%
More informationKevin Thorpe Financial Economist & Principal Cassidy Turley
Kevin Thorpe Financial Economist & Principal Cassidy Turley Economic & Commercial Real Estate Outlook Kevin Thorpe, Chief Economist 2012 Another Year Of Modest Improvement 2006Q1 2006Q3 2007Q1 2007Q3 2008Q1
More informationU.S. Economic and Apartment Market Overview and Outlook. July 15, 2014
2014 U.S. Economic and Apartment Market Overview and Outlook July 15, 2014 U.S. Economic Overview U.S. GDP Growth Persistent Despite 1Q Polar Vortex Annualized Quarterly Percent Change 10% 5% 0% -5% -10%
More informationUtility Debt Securitization Authority 2013 T/TE Billed Revenues Tracking Report
Utility Debt Securitization Authority 2013 T/TE Billed Revenues Tracking Report Billing Budgeted Billed Dollar Percent Month Revenues Revenues Variance Variance Jan 2018 11,943,180.68 12,697,662.47 754,481.79
More informationU.S. Property Market Outlook, 2013Q1. Jim Costello, Managing Director CBRE Americas Research Investment Research
U.S. Property Market Outlook, 2013Q1 Jim Costello, Managing Director CBRE Americas Research Investment Research CBRE Page 2 Outlook for the Real Side of the Economy Operationally, what do Research Teams
More informationCOMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun Jul
More informationTHE MOST INFORMATIVE EVENT COVERING REAL ESTATE INVESTMENTS
THE MOST INFORMATIVE EVENT COVERING REAL ESTATE INVESTMENTS 2014 U.S. Economic, Capital Markets, and Retail Market Overview and Outlook Retail Trends 2014 U.S. Economic Overview and Outlook Total Employment
More informationJULY 2013 RIDERSHIP REPORT MTA METRO-NORTH RAILROAD EXECUTIVE SUMMARY
Ridership Report JULY 2013 RIDERSHIP REPORT MTA METRO-NORTH RAILROAD EXECUTIVE SUMMARY July July 2013 Total MNR System Ridership was 7.346 million vs. 7.439 million in July 2012, a decrease of 92,959 passengers
More informationKey Trends in the Meetings & Conventions Sector
Key Trends in the Meetings & Conventions Sector moderated by: Esra Calvert Where are we? Transient Performance: Demand Still Impressive, ADR Rising 4% 3% 2% 1% Demand % Change ADR % Change 0% Jan-16 Jan-17
More informationFINANCIAL ANALYSIS. Stoby
FINANCIAL ANALYSIS Stoby INVESTMENTS AND FINANCING Investments planned over the period : Investments 2018 2019 2020 2021 Intangible assets Company creation 1 500 Web platform development 8 290 Accounting
More informationRiverside Rising Economic Outlook for the Region April 2015
Analysis. Answers Riverside Rising Economic Outlook for the Region April 2015 Beacon Economics, LLC California fact versus fiction Looking back a few years (2009 / 2010) everyone was saying that CA would
More informationEconomy On The Rebound
Economy On The Rebound Robert Johnson Associate Director of Economic Analysis November 17, 2009 robert.johnson@morningstar.com (312) 696-6103 2009, Morningstar, Inc. All rights reserved. Executive
More information2009 Forecast for the Chicago CBD
TR Mandigo & Company 2009 Forecast for the Chicago CBD Presented to: Council of Chicago Hotel General Managers By Ted Mandigo Director of TR Mandigo & Company 8/4/2009 Let s cut to the chase. There s a
More informationCurves On The Road Ahead
Curves On The Road Ahead Light Vehicle Market Outlook November 2018 Charles Chesbrough Senior Economist A g e n d a Economic Outlook and New Vehicle Sales Affordability Threat and the Used Vehicle Market
More informationThe Party Is Over U.S. Automotive Outlooks
The Party Is Over U.S. Automotive Outlooks Yen Chen Senior Research Economist Center for Automotive Research Federal Reserve Bank of Chicago Economic Outlook Symposium December 1, 2017 U.S. Light Vehicle
More informationEconomic Outlook Breakfast
Economic Outlook Breakfast September 14, 2017 The State of the Hospitality Industry in Rhode Island Rachel J. Roginsky, ISHC rroginsky@pinnacle-advisory.com 98 North Washington Street, Suite 403, Boston,
More informationCU Real Estate Forum. The Game is Still Going. The Longest 7 th Inning Ever. Presenter: Doug Wulf. Monday, December 7, 2015
CU Real Estate Forum The Game is Still Going The Longest 7 th Inning Ever Presenter: Doug Wulf Monday, December 7, 2015 Out! Safe! Where Are We in the Cycle? Recession-Recovery Table History is not on
More informationFrederick Ross. Real Estate Market Overview. Presented by: Kevin Thomas Senior Vice President. Frederick Ross. Company.
Frederick Ross Real Estate Market Overview Presented by: Kevin Thomas Senior Vice President Frederick Ross Company January 2003 Business Consumers Source: BEA, Ross Research Housing...Bust or Rust? 2001
More informationBriefing on the State of the State. presented to the. SCAA Schuyler Center for Analysis and Advocacy
Briefing on the State of the State presented to the SCAA Schuyler Center for Analysis and Advocacy Rae D. Rosen Assistant Vice President Federal Reserve Bank of New York November 16, 2006 Key Points: Economic
More informationFOR SALE BILLBOARD EASEMENT OFF US Laurelwood Rd, Santa Clara, CA 95054
All Sperry Van Ness Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
More information2012 Raleigh-Durham Market Forecast Investment Sales. Jeff Glenn CBRE Wednesday, March 21, 2012
2012 Raleigh-Durham Market Forecast Investment Sales Jeff Glenn CBRE Wednesday, March 21, 2012 What s Wrong with this Picture? TOPICS I. National Perspective II. Raleigh-Durham Spotlight III. A Closer
More informationCompany A Company A. Company A Board Meeting Presentation 12 th May 20XX
Board Meeting Presentation 12 th May 20XX Table of Contents CEO Overview Business Dashboard Quarterly Financials & forecasts Sales and Marketing Quarter specific items Strategic update: D2C Risk and Underwriting
More informationFarmland Booms and Busts: Will the Cycle be Broken?
Farmland Booms and Busts: Will the Cycle be Broken? Kansas Society of Farm Managers and Rural Appraisers Salina, KS February 23 rd, 2012 Brian C. Briggeman Associate Professor and Director of the Arthur
More informationClick to edit Master title style
Click to edit Master title style Dallas July 27, 2017 7/27/2017 1 1 Click to edit Master title style 7/27/2017 2 2 Click to edit Master title style 7/27/2017 3 3 Click to edit Master title style TAP Software
More informationNational and Regional Economic Outlook. Central Southern CAA Conference
National and Regional Economic Outlook Central Southern CAA Conference Dr. Mira Farka & Dr. Adrian R. Fleissig California State University, Fullerton April 13, 2011 The Painfully Slow Recovery The Painfully
More informationBabson Capital/UNC Charlotte Economic Forecast. May 13, 2014
Babson Capital/UNC Charlotte Economic Forecast May 13, 2014 Outline for Today Myths and Realities of this Recovery Positive Economic Signs Negative Economic Signs Outlook for 2014 The Employment Picture
More information2018 HR & PAYROLL Deadlines
th (by payment date) EPAF 3rd PARTY FEEDS WTE Approval 2018 HR & PAYROLL s Normal Payroll day s 2017 B1-26 3 * 13-Dec-17 15-Dec-17 n/a n/a n/a 28-Dec-17 29-Dec-17 11:00 AM 16-Dec-2017 29-Dec-2017 JAN 2018
More informationHotelBenchmark Survey and assessment of European hotel performance trends
A HotelBenchmark Survey and assessment of European hotel performance trends Launch of the HotelBenchmark Survey for Belgium and The Netherlands Julia Felton Executive Director HotelBenchmark HotelBenchmark
More information2019 ECONOMIC FORECAST AND FINANCIAL MARKET UPDATE
2019 ECONOMIC FORECAST AND FINANCIAL MARKET UPDATE January 14, 2019 Scott Colbert, CFA Executive Vice President Director of Fixed Income & Chief Economist scott.colbert@commercebank.com GLOBAL GROWTH EXPECTATIONS
More informationPartnerships with Purpose: Housing for Texans
Partnerships with Purpose: Housing for Texans 25th Annual TALHFA Educational Conference October 25-27, 2017 Fort Worth, Texas Dr. James P. Gaines Chief Economist 2 Outlook Since November 10, 2017: Rising
More informationTexas Economic Outlook: Recovery in 2010 Keith Phillips Federal Reserve Bank of Dallas San Antonio Office
Texas Economic Outlook: Recovery in 2010 Keith Phillips Federal Reserve Bank of Dallas San Antonio Office The views expressed in this presentation are strictly those of the author and do not necessarily
More informationModest fall in December Orders Offset by 19% Gain in Annual Total over 2017
For Immediate Release: February 11, 2019 REVISION Contact: Amber Thomas Director - Advocacy & Communications, AMT 571-216-7448 or athomas@amtonline.org Modest fall in December Orders Offset by 19% Gain
More informationMBA Economic and Mortgage Finance Outlook
MBA Economic and Mortgage Finance Outlook MBA of Alabama Annual Conference June 7, 2017 Presented by Lynn Fisher Mortgage Bankers Association 1 Summary of the MBA Outlook 2016 2017 2018 2019 GDP Growth
More informationMARKET AND CAPACITY UPDATE. Matthew Marsh September 2016
MARKET AND CAPACITY UPDATE Matthew Marsh September 2016 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
More information2009 California & Bay Area Real Estate Market Outlook
2009 California & Bay Area Real Estate Market Outlook November 24, 2008 Fairmont Hotel Leslie Appleton-Young C.A.R. Vice President and Chief Economist California Real Estate Market: 2008 California s Housing
More information10 County Conference. Richard Wobbekind. Executive Director Business Research Division & Senior Associate Dean Leeds School of Business
10 County Conference Richard Wobbekind Executive Director Business Research Division & Senior Associate Dean Leeds School of Business Hmm... (http://myfallsemester.blogspot.com) Real GDP Growth Percent
More information2010 Forecast for the Chicago CBD
TR Mandigo & Company 2010 Forecast for the Chicago CBD Presented to: Council of Chicago Hotel General Managers By Ted Mandigo Director of TR Mandigo & Company 8/3/2010 2010 Update and Outlook Nothing gets
More informationShort-Term Transit Ridership and Revenue Forecasting
Short-Term Transit Ridership and Revenue Forecasting presented to The 5 th Transportation Research Board Conference on Innovations in Travel Modeling presented by Cambridge Systematics, Inc. Feng Liu,
More informationWisconsin 511 Traveler Information Annual Usage Summary January 3, Wisconsin 511 Phone Usage ( )
Wisconsin 511 Traveler Information 211 Annual Usage Summary January 3, 212 Overall to-date Summary 36 months of operation 1,16,63 total calls the 1 Million mark was passed on December 3, 212 3,627,527
More informationSeptember 2017 MLS Statistical Report. Residential Inventory
September 217 MLS Statistical Report Residential Inventory 2 2 1 1 21 216 217 Summary Inventories: Residential inventory is down 1%, Lots / Land inventory is down 13% and commercial inventory was down
More informationTHIS AIN T THE 80s! And Houston isn t going anywhere.
THIS AIN T THE 80s! And Houston isn t going anywhere. EXPECTEDLY, A DRAMATIC DOWNTURN IN OIL, ONE THAT HAS RUN EVEN FASTER AND DEEPER THAN DURING 2008-2009, RAISED ALARM ABOUT THE STABILITY OF THE HOUSTON
More informationSeptember 2018 FY Key Performance Report
September 20 FY 2019 - Key Performance Report Management Notes: The information in this report is based on the FY 2019 Operating Budget, adopted by the Board on June 11, 20. RT s farebox recovery ratio
More informationSWISS reports stable load factors
SWISS Corporate Communications Phone: +41 (0)848 773 773 Fax: +41 (0)44 564 2127 communications@swiss.com SWISS.COM Media release Zurich Airport, October 10, 2008 SWISS reports stable load factors SWISS
More informationBrisbane Hotel Performance
Global Hospitality Consulting 1 Brisbane Hotel Performance We can't solve problems by using the same kind of thinking we used when we created them (Albert Einstein) If we keep doing what we're doing, we're
More information2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy
2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,
More information2010 August Update for Du Page County
TR Mandigo & Company 2010 August Update for Du Page County Presented to: Du Page Convention and Visitor s Bureau By Ted Mandigo Director of TR Mandigo & Company 8/19/2010 2010 Update and Outlook In our
More informationUnited Nations Conference on Trade and Development
United Nations Conference on Trade and Development 11 th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 15-16 April 2019, Geneva Saudi economic growth strategy on the face of oil price uncertainty
More informationHotel Performance and Outlook
Hotel Performance and Outlook HICAP 2016 Jesper Palmqvist 20 October apinfo@strglobal.com 2016 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a part of this presentation without
More informationQ PRESENTATION 18 OCTOBER 2018
Q3 2018 PRESENTATION 18 OCTOBER 2018 Group Highlights Q3 2018 Very strong growth in revenue and operating profit outside of Denmark. In Denmark, acceptance of self-cleaning in September allows Atea to
More informationA comment on recent events, and...
A comment on recent events, and... where we are in the current economic cycle November 15, 2016 Mark Schniepp Director Likely Trump Policies $4 to $5 Trillion in tax cuts over 10 years to corporations,
More informationOutlook for airline markets and industry performance
Outlook for airline markets and industry performance June 2016 Brian Pearce Chief Economist International Air Transport Association % change over previous year Confidence index. 50 = no change The already
More informationPerformance Measures Year End 2015
Performance Measures Year End 2015 Priorities and Objectives 1. Earn and Retain the Community s Trust 2. Provide Excellent Customer Service 3. Enable Organizational Success 4. Exemplify Financial Stewardship
More informationThe Economic Outlook. Economic Policy Division
The Economic Outlook Economic Policy Division Glass Half Full Six plus years of moderate growth Real GDP Outlook Percent Change, Annual Rate 10 5 0-5 -10 1980 1985 1990 1995 2000 2005 2010 2015 Glass Half
More informationState of American Trucking
State of American Trucking October 11, 2018 Rod Suarez Economic Analyst American Trucking Associations rsuarez@trucking.org Business Cycles U.S. Expansions Duration October 1949 - July 1953 May 1954 -
More informationMay 2018 FY Key Performance Report
May 20 FY 20 - Key Performance Report Management Notes: The information in this report is based on the FY 20 Operating Budget, Amendment 2, adopted by the Board on January 22, 20. RT s farebox recovery
More informationPresentation from the USDA Agricultural Outlook Forum 2017
Presentation from the USDA Agricultural Outlook Forum 2017 United States Department of Agriculture 93 rd Annual Agricultural Outlook Forum A New Horizon: The Future of Agriculture February 23-24, 2017
More informationThe Changing Global Economy Impacts on Seaports and Trade Dr. Walter Kemmsies
The Changing Global Economy Impacts on Seaports and Trade Dr. Walter Kemmsies Chief Economist, PAGI Group, JLL (Port, Airport & Global Infrastructure) Agenda Where are we in the cycle? What are the barriers
More informationManufacturers continue capacity expansion as technology orders grow
Contact: Penny Brown, AMT, 703-827-5275 pbrown@amtonline.org For Release: September 10, 2018 Manufacturers continue capacity expansion as technology orders grow Manufacturing technology orders for July
More informationEconomic Update and Outlook
Economic Update and Outlook NAIOP Vancouver Chapter November 15, 2012 Helmut Pastrick Chief Economist Central 1 Credit Union Outline: Global, U.S., and Canadian economic conditions Canada economic and
More informationVail Town Council Vail Economic Advisory Council
Vail Town Council Vail Economic Advisory Council Quarterly Market/Research Report: - Orientation/History - Econometrics - Summer Review, Winter Outlook -Transient Inventory Study Synopsys Data as of Oct.
More informationJacksonville & Terre Haute
2013-14 Post Harvest Special Grain Market Outlook and Strategies for Jacksonville & Terre Haute Presented by: Joseph Aiello 12/06-07/13 Disclaimer: Futures/options trading involves substantial risk of
More informationEconomic Overview. Melissa K. Peralta Senior Economist April 27, 2017
Economic Overview Melissa K. Peralta Senior Economist April 27, 2017 TTX Overview TTX functions as the industry s railcar cooperative, operating under pooling authority granted by the Surface Transportation
More informationOld Dominion University 2017 Regional Economic Forecast. Strome College of Business
Old Dominion University 2017 Regional Economic Forecast January 25, 2017 Professor Vinod Agarwal Director, Economic Forecasting Project Strome College of Business www.odu.edu/forecasting The views expressed
More informationJanuary 2019 FY Key Performance Report
January 2019 FY 2019 - Key Performance Report Management Notes: The information in this report is based on the FY 2019 Operating Budget, adopted by the Board on June 11, 20. RT s farebox recovery ratio
More informationHow to Explain Car Rental to Banks and Investors
How to Explain Car Rental to Banks and Investors Scott White Senior Managing Director, Head of Investment Banking C.L. King & Associates March 8-9, 2011 Las Vegas Hilton 1 My Background 18 Years Advising
More informationROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN
ROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN Macroeconomic Research and Statistics Department Vol. XVIl, No.3 March 2018 CONTENTS Preface....01 Bhutan s Key Economic Indicators..02 Table
More informationRTC TRANSIT OPERATING STATISTICS RTC RIDE RTC RAPID RTC INTERCITY SIERRA SPIRIT
RTC TRANSIT OPERATING STATISTICS RTC RIDE RTC RAPID RTC INTERCITY SIERRA SPIRIT September 218 RTC TRANSIT OPERATING STATISTICS REPORT TABLE OF CONTENTS RTC Transit Highlights... Page ii RTC Transit Summary...
More informationThe Current Restructuring Cycle: Meltdown or Metamorphosis? Monday, April 27, :00 PM - 5:15 PM
The Current Restructuring Cycle: Meltdown or Metamorphosis? Monday, April 27, 29 4: PM - 5:15 PM Today s Speakers: Michael Henkin (Moderator) Managing Director and Co-Head of Recapitalization & Restructuring
More informationSuncorp WealthSmart Investment Options Performance Report
Suncorp WealthSmart Personal Super as at 31 December 2015 Suncorp WealthSmart Investment Options Performance Report Initial Cash Flow FYTD 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
More informationROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN
ROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN Department of Macroeconomic Research and Statistics Vol. XVIl, No.9 September 2018 CONTENTS Preface....01 Bhutan s Key Economic Indicators..02
More informationCalendar On US Federal Reserve Holidays, no settlements will take place for USD.
NASDAQ Dubai Notice No: NASDAQ Dubai Trading Holidays and Settlement Calendar 2012 Date of Issue: NASDAQ Dubai TRADING HOLIDAYS AND SETTLEMENT CALENDAR 2012 For Derivatives, Exchange Traded Commodities,
More informationReading the Tea Leaves: Investing for 2010 and Beyond
Reading the Tea Leaves: Investing for 2010 and Beyond Wednesday, April 28, 2010; 8:00 AM - 9:15 AM Moderator: Maria Bartiromo, Anchor, CNBC's Closing Bell With Maria Bartiromo Speakers: Nick Calamos, President
More informationVancouver Real Estate Forum
Vancouver Real Estate Forum MODERATOR John O Bryan Chairman CBRE Limited PANELIST Chris Dobrzanski, CEO, Citizens Bank David Franklin, President, CMLS Financial Ltd. Morley Greene, President, Trez Capital
More informationROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN
ROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN Department of Macroeconomic Research and Statistics Vol. XVIl, No.11 November 2018 CONTENTS Preface....01 Bhutan s Key Economic Indicators..02
More informationEconomic and Real Estate Outlook
Economic and Real Estate Outlook By Lawrence Yun, Ph.D. Chief Economist, National Association of REALTORS Presentation at Charlottesville Area Association of REALTORS October 13, 2016 1990 1991 1992 1993
More informationManufacturers Continue Capacity Expansion as Technology Orders Grow
Contact: Penny Brown, AMT, 703-827-5275 pbrown@amtonline.org For Release: October 8th, 2018 Manufacturers Continue Capacity Expansion as Technology Orders Grow Manufacturing technology orders posted an
More informationConference Welcome and Introduction
Conference 2013 Welcome and Introduction Housing stock Present day Owner occupation Private renting 17.5m 4m 66% 15.1% Housing associations Council housing 2.8m 2.2m 26.5m 10.6% 8.3% > 2.8m Social Housing
More informationIowa Farmland Market Update: What s Ahead?
Iowa Farmland Market Update: What s Ahead? Wendong Zhang Assistant Professor of Economics and Extension Economist wdzhang@iastate.edu 515-294-2536 Ag Credit School, June 14 th, 2017 The new Mike Duffy
More information2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy
2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,
More informationWORKFORCE LOCAL AREA EMPLOYMENT STATISTICS (LAUS)
AUGUST 2016 WORKFORCE LOCAL AREA EMPLOYMENT STATISTICS (LAUS) 1,150,000 1,100,000 1,050,000 1,000,000 950,000 900,000 850,000 800,000 750,000 700,000 Labor Force Employment June 2015 to June 2016: 36,504
More informationU.S. REITs have rebounded strongly Dow Jones Equity REIT Total Return Index
U.S. REITs have rebounded strongly Dow Jones Equity REIT Total Return Index Index, 2005 = 100 250 200 150 100 50 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Sources: Bloomberg, Dow Jones. Affordability
More informationDEC DASHBOARD. Positive Response Compliance DEC. Compliant Tickets : On-Time Performance Analysis. December % Late.
Positive Response Compliance 215 Compliant 215 Non-Compliant 216 Compliant 216 Non-Compliant 1% 87% 96% 86% 96% 88% 97% 89% 97% 89% 98% 88% 97% 86% 96% 92% 97% 93% 97% 94% 97% 96% 97% 94% 97% 8% 6% 4%
More information