uk and german june monthly hotel forecast highlights
DESCRIPTION
Monthly hotel forecasts for key UK and German markets. New reports launched as result of predictive intelligence collaboration between e-forecasting.com and HotStats. Hotel market forecasts highlights for April for following markets: Berlin, Birmingham, Bristol, Cardiff, Frankfurt, Glasgow, Liverpool, London, Manchester, Munich, Newcastle, Provincial UK and Total UK. This month's new addtional focus feature is the 'myhotel' customization which provides property level forecasts.TRANSCRIPT
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UK & German Monthly Hotel Market Forecast June Highlights
Presented byE-forecasting.com
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7/30/2013
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Monthly Hotel Forecasts
Launched in June 2013, e−forecasting.com released market Monthly Hotel Forecasts of key UK and German markets using HotStats historical data
More markets in Europe and MENA to follow in the coming months
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Current Forecast Markets
Berlin Birmingham Bristol Cardiff Frankfurt Glasgow Liverpool London Manchester Munich Newcastle Provincial UK Total UK
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7/30/2013
4Monthly Hotel Forecast
Reports Historic hotel market data from powerful HotStats database 24 month forecast, 8 quarters out, 2 years out Key metrics: occupancy, ADR, RevPAR Proprietary hotel metrics:
– HIP - hotel industry pulse– HIL - hotel industry leading indicator– FTLI – foreign travel leading indicator– Monthly GDP
Additional econometric insights:– Labor market conditions– Inflation– Exchange and interest rates– Energy prices– Special events
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7/30/2013
5Monthly Hotel Forecast
Reports – UPDATED FEATURE
‘myhotel’ add-on customization provides property level forecasts
Properties individual data is analyzed within market forecasts and each month clients receive these forecasts in addition to market level details
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7/30/2013
6UK Hotel Market Forecast
June Report Highlights
UK countrywide 2 year forecast:– Increase 2% in 2014 and 2.2% in 2015– Long term economic growth = 2.2%
Monetary policy: no policy changes in previous month, all other key rates on hold
Oil prices: WTI & Brent prices lowering Financial futures: US dollar and British
Pound mixed
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7UK Hotel Market Forecast
June Data Highlights UK HIP – up 2.5% UK HIL – up 0.1% Probability of upcoming recession: 33.1% UK Monthly GDP – up 0.2% UK FTLI up 0.1% Consumer prices up 2.9% Unemployment rate at 7.8% Consumer confidence up Business executives less optimistic Builders showing lower expectations
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UK Hotel Forecast Highlights
Market 2014 RevPAR Forecast
2015 RevPAR Forecast
Birmingham (0.2%) 1.9%
Bristol 0.2% 1.5%
Cardiff 1.3% 2%
Glasgow (1.8%) (4.2%)
Liverpool 4.4% 0.2%
London 0.2% (5.1%)
Manchester (1.9%) (1.6%)
Newcastle 6.9% 2.5%
Provincial UK (0.2%) (1.2%)
Total UK (2.3%) (1.7%)
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9German Hotel Market Forecast
June Report Highlights
German countrywide 2 year forecast:– Increase 1.7% in 2014 and 1.9% in 2015– Long term economic growth = 1.7%
Monetary policy: no policy changes in previous month, all other key rates on hold
Oil prices: WTI & Brent prices lowering Financial futures: US dollar and Euro
mixed
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7/30/2013
10German Hotel Market Forecast
June Data Highlights German HIP – up 0.5% German HIL – up 0.1% Probability of upcoming recession: 22.5% German Monthly GDP – up 0.4% German FTLI up 0.2% Consumer prices up 2% Unemployment rate at 5.3% Consumer confidence up Business executives less optimistic Builders showing lower expectations
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7/30/2013
11German Hotel ForecastJune Report Highlights
Market 2014 RevPAR Forecast
2015 RevPAR Forecast
Berlin (8.3%) 0.3%
Frankfurt (4%) (1.1%)
Munich (14.5%) 1.5%
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For More Information
Monthly hotel forecast highlights were taken from the June issue of Monthly Hotel Forecasts, please visit:– http://www.e-forecasting.com or email
[email protected] for subscription rates and queries on additional markets