logging in or signing up RachelOutlook2007 Viola Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 102 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: March 21, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript OUTLOOK 2007: Rachel J. Roginsky, ISHC rroginsky@pinnacle-advisory.com 164 Canal Street Boston, MA 02114 ~ 617/722-9916 www.pinnacle-advisory.com OUTLOOK 2007NATIONAL LODGING MARKET: NATIONAL LODGING MARKETSlide3: Total U.S. Monthly Room Supply – Seasonally Adjusted January 1989 to April 2006 Source: Smith Travel Research CAGR – 2.065% CAGR 3.5% CAGR 0.8% 4.4 Million Rooms 3.1 Million RoomsSlide4: Source: Smith Travel Research Total U.S.Monthly Room Demand – Seasonally Adjusted January 1989 to April 2006Total United States Occupancy Percent 2002 – 2007P: Total United States Occupancy Percent 2002 – 2007P Source: Smith Travel ResearchTotal United States ADR Percent Change 2002 – 2007P: Total United States ADR Percent Change 2002 – 2007P Source: Smith Travel ResearchTotal United States RevPAR Percent Change 2002 – 2006P: Total United States RevPAR Percent Change 2002 – 2006P Source: Smith Travel ResearchSlide8: Top 25 Market Areas – Occupancy Percent 2005 Source: Smith Travel ResearchSlide9: Top 25 Market Areas – Average Daily Rate 2005 Source: Smith Travel ResearchSlide10: Top 25 Market Areas – RevPAR 2005 Source: Smith Travel ResearchKey 15 Markets RevPAR Percent Change April 2006 YTD Year-over-Year: Key 15 Markets RevPAR Percent Change April 2006 YTD Year-over-Year Source: Smith Travel ResearchSUBURBAN BOSTON LODGING MARKET : SUBURBAN BOSTON LODGING MARKET Slide13: Suburban Boston Occupancy 1996 - 2005 Source: Smith Travel Research/Pinnacle Advisory GroupSlide14: Suburban Boston Average Daily Rate 1996-2005 Source: Smith Travel Research/Pinnacle Advisory GroupSlide15: Suburban Boston RevPAR 1996 - 2005 Source: Smith Travel Research/Pinnacle Advisory GroupSlide16: Suburban Boston Supply and Demand 1999 - 2005 Source: Smith Travel Research/Pinnacle Advisory GroupSlide17: Suburban Boston Occupancy YTD May 2004 - 2006 Source: Smith Travel Research/Pinnacle Advisory GroupSlide18: Suburban Boston Average Daily Rate YTD May 2004 - 2006 Source: Smith Travel Research/Pinnacle Advisory GroupSlide19: Suburban Boston RevPAR YTD May 2004 - 2006 Source: Smith Travel Research/Pinnacle Advisory GroupSlide20: Hilton Garden Inn – Plymouth – 130 Rooms – May Hampton Inn and Suites – Plymouth - 122-rooms – August Residence Inn – Marlborough – 112 Rooms - October Residence Inn – Norwood – 96 Rooms – November Suburban Boston New Supply 2006 Source: Pinnacle Advisory GroupSlide21: Source: Pinnacle Advisory GroupSlide22: Improving Economy Stronger Office Market Limited New Supply Compression Suburban Boston 2006Slide23: Suburban Boston Projections 2006 Source: Pinnacle Advisory GroupSlide24: Limited New Supply Slightly less Compression Improved Economy Conversions Suburban Boston 2007Slide25: Suburban Boston Projections 2007 Source: Pinnacle Advisory GroupSlide27: Boston / Cambridge Occupancy 1989-2005 Source: Pinnacle Advisory GroupSlide28: Boston / Cambridge ADR 1989-2005 Source: Pinnacle Advisory GroupSlide29: Boston / Cambridge RevPAR 1989-2005 Source: Pinnacle Advisory GroupSlide30: Boston / Cambridge Supply and Demand 1989-2005 Source: Pinnacle Advisory GroupSlide31: Boston / Cambridge Occupancy YTD May 2004-2006 Source: Pinnacle Advisory GroupSlide32: Boston / Cambridge ADR YTD May 2004-2006 Source: Pinnacle Advisory GroupSlide33: Boston / Cambridge RevPAR YTD May 2004-2006 Source: Pinnacle Advisory GroupSlide34: Boston / Cambridge Change In RevPAR 1996 – YTD May 2006 Source: Pinnacle Advisory GroupSlide35: Boston / Cambridge Change In RevPAR By Market Area 2005 Source: Pinnacle Advisory GroupSlide36: Boston / Cambridge Change In Performance By Market Area YTD May 2006 Source: Pinnacle Advisory GroupSlide37: Westin Headquarters Hotel – Waterfront – 790 Rooms – June Intercontinental – Downtown - 424-rooms - November Boston / Cambridge New Supply 2006 Source: Pinnacle Advisory GroupSlide38: Charles Street Jail – Beacon Hill – 308 Rooms - May Renaissance – 477 Rooms – Waterfront District – December Boston / Cambridge New Supply 2007 Source: Pinnacle Advisory GroupSlide40: Continued Strong Corporate Growth Anticipated 2006 Record Convention Year 2007 Slightly behind 2006 Winter Advertising Campaign will help off-season Leisure Boston / Cambridge Demand Factors Source: Pinnacle Advisory GroupSlide41: Strong increases in other national markets Momentum from 2006 Likely to Carry-Over to 2007 Luxury Orientation of New Product Will Help Large Citywides and Continued Strong demand will Help Compression Boston / Cambridge Average Rates Source: Pinnacle Advisory GroupSlide42: Several Regional Executives 5-7% RevPAR Growth Pinnacle Operator’s Survey 2007 Outlook Source: Pinnacle Advisory GroupSlide43: Boston Cambridge Projections 2006 Source: Pinnacle Advisory GroupSlide44: Boston Cambridge Projections 2006 Source: Pinnacle Advisory GroupPINNACLE ADVISORY GROUP: 164 Canal Street Boston, MA 02114 ~ 617/722-9916 238 South State Street, Newtown, PA 18940 ~ 215/579-1804 3418 Norfolk Street, Pompano Beach, FL 33062 ~ 954/786-2019 www.pinnacle-advisory.com PINNACLE ADVISORY GROUP You do not have the permission to view this presentation. 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RachelOutlook2007 Viola Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 102 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: March 21, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript OUTLOOK 2007: Rachel J. Roginsky, ISHC rroginsky@pinnacle-advisory.com 164 Canal Street Boston, MA 02114 ~ 617/722-9916 www.pinnacle-advisory.com OUTLOOK 2007NATIONAL LODGING MARKET: NATIONAL LODGING MARKETSlide3: Total U.S. Monthly Room Supply – Seasonally Adjusted January 1989 to April 2006 Source: Smith Travel Research CAGR – 2.065% CAGR 3.5% CAGR 0.8% 4.4 Million Rooms 3.1 Million RoomsSlide4: Source: Smith Travel Research Total U.S.Monthly Room Demand – Seasonally Adjusted January 1989 to April 2006Total United States Occupancy Percent 2002 – 2007P: Total United States Occupancy Percent 2002 – 2007P Source: Smith Travel ResearchTotal United States ADR Percent Change 2002 – 2007P: Total United States ADR Percent Change 2002 – 2007P Source: Smith Travel ResearchTotal United States RevPAR Percent Change 2002 – 2006P: Total United States RevPAR Percent Change 2002 – 2006P Source: Smith Travel ResearchSlide8: Top 25 Market Areas – Occupancy Percent 2005 Source: Smith Travel ResearchSlide9: Top 25 Market Areas – Average Daily Rate 2005 Source: Smith Travel ResearchSlide10: Top 25 Market Areas – RevPAR 2005 Source: Smith Travel ResearchKey 15 Markets RevPAR Percent Change April 2006 YTD Year-over-Year: Key 15 Markets RevPAR Percent Change April 2006 YTD Year-over-Year Source: Smith Travel ResearchSUBURBAN BOSTON LODGING MARKET : SUBURBAN BOSTON LODGING MARKET Slide13: Suburban Boston Occupancy 1996 - 2005 Source: Smith Travel Research/Pinnacle Advisory GroupSlide14: Suburban Boston Average Daily Rate 1996-2005 Source: Smith Travel Research/Pinnacle Advisory GroupSlide15: Suburban Boston RevPAR 1996 - 2005 Source: Smith Travel Research/Pinnacle Advisory GroupSlide16: Suburban Boston Supply and Demand 1999 - 2005 Source: Smith Travel Research/Pinnacle Advisory GroupSlide17: Suburban Boston Occupancy YTD May 2004 - 2006 Source: Smith Travel Research/Pinnacle Advisory GroupSlide18: Suburban Boston Average Daily Rate YTD May 2004 - 2006 Source: Smith Travel Research/Pinnacle Advisory GroupSlide19: Suburban Boston RevPAR YTD May 2004 - 2006 Source: Smith Travel Research/Pinnacle Advisory GroupSlide20: Hilton Garden Inn – Plymouth – 130 Rooms – May Hampton Inn and Suites – Plymouth - 122-rooms – August Residence Inn – Marlborough – 112 Rooms - October Residence Inn – Norwood – 96 Rooms – November Suburban Boston New Supply 2006 Source: Pinnacle Advisory GroupSlide21: Source: Pinnacle Advisory GroupSlide22: Improving Economy Stronger Office Market Limited New Supply Compression Suburban Boston 2006Slide23: Suburban Boston Projections 2006 Source: Pinnacle Advisory GroupSlide24: Limited New Supply Slightly less Compression Improved Economy Conversions Suburban Boston 2007Slide25: Suburban Boston Projections 2007 Source: Pinnacle Advisory GroupSlide27: Boston / Cambridge Occupancy 1989-2005 Source: Pinnacle Advisory GroupSlide28: Boston / Cambridge ADR 1989-2005 Source: Pinnacle Advisory GroupSlide29: Boston / Cambridge RevPAR 1989-2005 Source: Pinnacle Advisory GroupSlide30: Boston / Cambridge Supply and Demand 1989-2005 Source: Pinnacle Advisory GroupSlide31: Boston / Cambridge Occupancy YTD May 2004-2006 Source: Pinnacle Advisory GroupSlide32: Boston / Cambridge ADR YTD May 2004-2006 Source: Pinnacle Advisory GroupSlide33: Boston / Cambridge RevPAR YTD May 2004-2006 Source: Pinnacle Advisory GroupSlide34: Boston / Cambridge Change In RevPAR 1996 – YTD May 2006 Source: Pinnacle Advisory GroupSlide35: Boston / Cambridge Change In RevPAR By Market Area 2005 Source: Pinnacle Advisory GroupSlide36: Boston / Cambridge Change In Performance By Market Area YTD May 2006 Source: Pinnacle Advisory GroupSlide37: Westin Headquarters Hotel – Waterfront – 790 Rooms – June Intercontinental – Downtown - 424-rooms - November Boston / Cambridge New Supply 2006 Source: Pinnacle Advisory GroupSlide38: Charles Street Jail – Beacon Hill – 308 Rooms - May Renaissance – 477 Rooms – Waterfront District – December Boston / Cambridge New Supply 2007 Source: Pinnacle Advisory GroupSlide40: Continued Strong Corporate Growth Anticipated 2006 Record Convention Year 2007 Slightly behind 2006 Winter Advertising Campaign will help off-season Leisure Boston / Cambridge Demand Factors Source: Pinnacle Advisory GroupSlide41: Strong increases in other national markets Momentum from 2006 Likely to Carry-Over to 2007 Luxury Orientation of New Product Will Help Large Citywides and Continued Strong demand will Help Compression Boston / Cambridge Average Rates Source: Pinnacle Advisory GroupSlide42: Several Regional Executives 5-7% RevPAR Growth Pinnacle Operator’s Survey 2007 Outlook Source: Pinnacle Advisory GroupSlide43: Boston Cambridge Projections 2006 Source: Pinnacle Advisory GroupSlide44: Boston Cambridge Projections 2006 Source: Pinnacle Advisory GroupPINNACLE ADVISORY GROUP: 164 Canal Street Boston, MA 02114 ~ 617/722-9916 238 South State Street, Newtown, PA 18940 ~ 215/579-1804 3418 Norfolk Street, Pompano Beach, FL 33062 ~ 954/786-2019 www.pinnacle-advisory.com PINNACLE ADVISORY GROUP