PricewaterhouseCoopers LLP (UK) | provided by Hsyndicate

European cities hotel forecast 2011 & 2012

Wed, 19 Oct 2011 10:04:53 +0200

In this report we look forward to 2012 and ask which European cities' hotel sectors are best placed to take advantage of the changing economic order. Are these the cities of the so called 'old' Europe or the cities of the fast growing 'emerging' economies such as Istanbul and Moscow? What will be driving the growth? What obstacles do they face? Will the glut of new hotel rooms built in the boom years prove difficult to digest?

PwC European Cities Hotel Forecast 2011 & 2012 (Adobe PDF Document)

Wed, 19 Oct 2011 09:58:20 +0200

In this report we look forward to 2012 and ask which European cities’ hotel sectors are best placed to take advantage of the changing economic order. Are these the cities of the so called ‘old’ Europe or the cities of the fast growing ‘emerging’ economies such as Istanbul and Moscow? What will be driving the growth? What obstacles do they face? Will the glut of new hotel rooms built in the boom years prove difficult to digest?

PwC UK Hotels Forecast: September 2011 edition (Adobe PDF Document)

Wed, 28 Sep 2011 16:01:58 +0200

In this edition we provide in depth analysis of UK hotel performance for the rest of 2011 and 2012, giving our updated view on the realistic impact of the Olympics for hoteliers and what the spectre of the economic outlook will mean for the UK hotel industry.

PwC's UK hotels forecast | Bumper crop for London but leaner pickings in provinces

Wed, 28 Sep 2011 16:01:39 +0200

In March when we published our last forecast I expected that the economic outlook would have shown signs of brightening by now, but if anything the omens today look worse and the risks to UK GDP growth are firmly to the downside. Notwithstanding this, our forecasts for 2011 and 2012 hotel performance are substantially unchanged from March and, with nearly nine months under the belt, 2011's forecast outturn looks pretty much assured, particularly for London.

PwC May 2011 Hospitality Directions US | Hospitality and Leisure (Adobe PDF Document)

Wed, 25 May 2011 13:23:20 +0200

Balanced growth in occupancy and ADR will result in a 7.6 percent increase in RevPAR in 2011, followed by a 7.0 percent increase in 2012. Activity in the lodging sector has recovered to a similar footing as broader travel and tourism, though a pricing gap is evident. Hospitality business leaders will monitor how pricing unfolds, recognizing that the pace of recovery can change quickly.

Photo: Solid RevPAR Growth Anticipated to Continue into 2012 According to PwC US Lodging Industry Forecast

Wed, 25 May 2011 13:19:28 +0200

Photo: Solid RevPAR Growth Anticipated to Continue into 2012 According to PwC US Lodging Industry Forecast

Wed, 25 May 2011 13:19:21 +0200

Solid RevPAR Growth Anticipated to Continue into 2012 According to PwC US Lodging Industry Forecast

Wed, 25 May 2011 13:19:09 +0200

PwC's updated quarterly lodging forecast is based on an updated US macroeconomic forecast from Macroeconomic Advisers, LLC, which, despite slower economic growth in the initial months of 2011, expects economic growth to regain traction in the second half of 2011. According to this forecast, temporary factors, including inclement weather conditions and reduced defense spending that contributed to slower-than-expected economic growth during the initial months in 2011, are expected to unwind, supporting stronger growth in the second half of the year. This combined with sustained business investment and improving consumer spending, is expected to result in a 3.2 percent increase in real gross domestic product (GDP) in 2011.

UK hotels forecast 2011 and 2012: How big a party for hotels in 2012?

Mon, 18 Apr 2011 17:34:03 +0200

Latest insights from Hospitality Directions Europe. PwC's UK Hotels forecast provides in-depth forecasts of hotel revenues and occupancy rates and gives our insights on what the key trends and issues will be for the sector. In this issue: More growth and new hotels for London: Our latest hotel forecast anticipates continued strong, but decelerating, revenue per available room (RevPAR) growth of 8.3% in London in 2011.

Photo: London RevPAR Ups and Downs 1979 - 2012

Mon, 18 Apr 2011 16:20:01 +0200

UK: Hospitality and Leisure insolvencies show little improvement | PwC Reports

Mon, 18 Apr 2011 15:35:41 +0200

Pubs and restaurants continue to be worst affectedHolidays are a top spending priorityRecessionary behaviours are now the norm when booking breaks

Photo: UK hotels forecast 2011 and 2012: How big a party for hotels in 2012?

Mon, 18 Apr 2011 12:56:32 +0200

UK hotels forecast 2011 and 2012: How big a party for hotels in 2012? (Adobe PDF Document)

Mon, 18 Apr 2011 12:13:26 +0200

Latest insights from Hospitality Directions Europe. PwC’s UK Hotels forecast provides in-depth forecasts of hotel revenues and occupancy rates and gives our insights on what the key trends and issues will be for the sector.

UK Hotels forecast 2011 and 2012: How big a party for hotels in 2012? | PricewaterhouseCoopers (Adobe PDF Document)

Mon, 07 Mar 2011 18:03:56 +0200

What a difference a year makes. This time last year PwC* forecast 5.8% RevPAR growth for London in 2010 and 7.7% for 2011. In September we revised these upwards in light of strong trading to 8.9% and 9.3% respectively. The outturn for 2010 was even better than that, closing an exceptional year for London with overall RevPAR growth of 11.4%. This was mainly due to strong ARR growth, taking nominal RevPAR above £100 for the first time since we started forecasting in 2000. Given the better than expected finish to 2010, our 2011 forecast for London is now for slightly lower RevPAR growth of 8.3%, reflecting harder comparatives and above average levels of new supply; slower growth but no pre-Olympic dip.

The good news continues for UK hoteliers | PwC Reports

Mon, 15 Nov 2010 14:36:59 +0200

There was more good news for UK hoteliers in September, according to analysis by PwC, as the business travel revival continued to boost trading. The return of the business traveller in recent months has been a positive factor for UK hotels. This in turn helped drive a strong Q3 performance, with London and provincial hotels turning in better-than-expected results.

London back on the podium as hotels smash occupancy records

Tue, 21 Sep 2010 12:12:55 +0200

Improving economic conditions, the return of the business traveller and international demand should lift the London rate seven per cent for 2010, with the average room rate (ARR) for the Capital reaching £124 (up from £116 in 2009). This should boost a 2010 RevPAR gain of almost nine per cent.

PwC UK hotels update: Two-track recovery continues: provinces may need a jump-start (Adobe PDF Document)

Thu, 05 Aug 2010 16:43:18 +0200

At just past the 2010 half-way stage, against continued economic uncertainty and looming public spending cuts, we take a look at whether the recovery is still on track or likely to be de-railed; the first-half reality for the UK hotel sector and the prognosis for demand in the second half of the year. We also summarise the latest economic data and re-visit what the scale of the new public sector cuts mean for hotels – there’s a lot to lose with public sector travel procurement estimated to be worth around £3bn.

PwC UK hotels update: Two-track recovery continues: provinces may need a jump-start

Thu, 05 Aug 2010 09:50:11 +0200

After the dust has settled… Financial fallout from the Icelandic volcano

Mon, 14 Jun 2010 11:22:16 +0200

The head of IATA (International Air Transport Association), the airlines’ international trade body, estimated global losses at $250m (£164m) per day. This does not take into account the costs of repatriating those holiday makers stranded abroad. Although flight restrictions have now been lifted the financial pain will continue to be felt for some time.

After the dust has settled… Financial fallout from the Icelandic volcano (Adobe PDF Document)

Mon, 14 Jun 2010 11:20:01 +0200