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This is the archive for January 2006

Strongest Leg Of Industry Recovery Yet To Come, Says Analyst

According to Harry Curtis (JP Morgan Chase analyst), the industry has moved into the longest and strongest leg of the lodging up-cycle. Revenue and EBITDA outperformance could last three-five more years and stock outperformance could last another two-three years. JP Morgan Chase estimates higher than expected RevPAR growth of 9%, compared to other analysts' forecasts of 8%. Through 2007, the firm sees supply growth in most destinations of 1% or less, while room demand grows at 3-4%.

Source

tags: hospitality

01/14/06 | Posted by JJ | Category Revenue Management & Performance

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Revenue Management 2006 - The Risk and Rewards

I know that you are out there – the ones who will address that nagging worry in the back of their mind after the holiday hoopla is over – can we really achieve that budget in 2006?

The answer is yes and no – there is no reward without risk. If ever there ever was a year with a little wiggle room for taking risks in your revenue management strategy, this is it. Your staff will be looking at you for your risk tolerance and they will follow your lead – what will it be?

Read the whole article here: WiredHotelier.com - Industry News - Revenue Management 2006 - The Risk and Rewards | By Carol Verret or visit www.carolverret.com

tags: revenue, management

01/04/06 | Posted by JJ | Category Revenue Management & Performance

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