by Ross Woods | May 15, 2019 | Blog, Pricing
We recently completed a value-based pricing assignment for a client that owns several luxury hotels in the US. The hotels are located in highly competitive markets which were classified as such by the use of the Herfindahl-Hirschman Index. Each of the hotels were...
by Ross Woods | May 4, 2019 | Blog, Indonesia
Our previous post, “Significant Growth in Indonesia’s Star-Rated Hotel Supply 1985-2018”, generated much discussion about how the growth at the provincial level was distributed among the star-ratings. In this post we have briefly reviewed the growth...
by Ross Woods | May 2, 2019 | Blog
Have you ever wondered if there is a relationship between the average daily rate (ADR) achieved by a hotel market and the cost of living (COL) in that market? Based on our detailed econometric models, we know that real ADR (inflation adjusted) in any quarter, is a...
by Ross Woods | Apr 29, 2019 | Blog
The focus on monthly and yearly data by hotel managers and investors often masks trends that are shaping the investment horizon over longer periods. For this reason we have examined the best and worst performing markets over a typical holding period of eight years....
by Ross Woods | Apr 25, 2019 | Blog
Indonesia’s hotel sector has drawn the short straw in terms of domestic tourism expenditure, capturing Rp 16.29 trillion or just 6.4% of total domestic expenditure of Rp 253.47 trillion in 2017. This compares with Rp 79.83 trillion or 40.1% of total foreign...