Hotel Domestic Visitor Night Demand Elasticity & Correlation to Indonesia’s Real GDP
The growth in Indonesia's GDP is having a sustained and positive impact on the number of domestic visitor nights in classified and non classified hotels across the country. The number of domestic visitor nights in classified hotels has outnumbered the number of...
Manhattan – The Long Perceived “High Barrier-to- Entry” Hotel Market!
Long considered a high barrier-to-entry1 hotel market, Manhattan has witnessed an explosion in new hotel room supply since 2008, growing at 4.6% CAGR, which compares with a room supply CAGR of 1.1% for the period 1987 to 2007. As of May 2019, another 56 hotels were in...
Frog-March Your Hotel Portfolio to the North-West Quadrant!
Is your hotel portfolio well-positioned to create long-term shareholder value? If you answered "yes", the portfolio is likely to be in the North-West Quadrant, the place to create increased shareholder value and the place to be seen! No, we’re not talking about...
Short Term Forecasts for U.S. Hotel Performance 2019 & 2020
“We must welcome the future, remembering that soon it will be the past, and we must respect the past, remembering that it was once all that was humanly possible.” George Santayana We like to think that those who respect the past will know what to expect in the future....
The Origin & Structure of Foreign Tourism Expenditure in Indonesia
The Indonesian tourism industry has grown rapidly over the past couple of years. Rising foreign tourist spending experienced a CAGR of about 16% over 2011-2017 compared to a CAGR of 8% for domestic tourist spending. The number of foreign tourists grew 12.6% from 14.04...
Systematic & Unsystematic Risk in the U.S. Lodging Industry
Hotel investors are confronted with two types of risk when constructing diversified portfolios; systematic and unsystematic. Systematic risk (also known as market risk) is the part of total risk that cannot be eliminated or reduced, no matter how well an investor...
Two Surveys for Airline Customer Satisfaction, Similar Results!
"Ladies and Gentlemen, the Captain has turned on the Fasten Seat Belt sign. If you haven't already done so, please stow your carry-on luggage underneath the seat in front of your or in the overhead bin. Please take your seat and fasten your seat belt as you learn that...
“Lexington, KY is the Bourbon Destination You Need to Know About.”
"Lexington Is the Bourbon Destination You Need to Know About". by Brad Japhe Known as the "Horse Capital of the World," and the center of Kentucky's Bluegrass region, Lexington should also be known as the "least expensive watering hole in the nation!" According to EIU...
Clustering the Top 25 Hotel Markets in the US
Diversification and asset allocation play important roles in determining the overall performance of hotel portfolios. What most hotel investors don’t realize, however, is that the foundation for a sound asset allocation strategy is built upon a widely accepted...
The Relationship Between a Hotel Brand’s Guest Satisfaction Index Score & its RevPAR in 2018
Does the price of a hotel stay increase a guest's satisfaction or does it have a negative impact on guest satisfaction? Price can be seen as a signal on the quality of a service, such as a guest-stay, or as an indicator of sacrifice. There appears to be a non-linear...