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UK & German Monthly Hotel Market Forecast
November Highlights
Presented byE-forecasting.com
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Monthly Hotel Forecasts
Launched in 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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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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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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6UK Hotel Market Forecast
November Report Highlights
UK countrywide 2 year forecast:– Increase 2.3% in 2014 and 2.4% in 2015– Long term economic growth = 2.2%
Monetary policy: Euro Zone policy change in previous month, all other key rates on hold
Oil prices: WTI & Brent prices lowering Financial futures: US dollar up while
British Pound down
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7UK Hotel Market Forecast November Data Highlights
UK HIP – down 2% UK HIL – flat Probability of upcoming recession: 21.3% UK Monthly GDP – up 0.2% UK FTLI up 0.2% Consumer prices up 2.2% Unemployment rate at 7.5% Consumer confidence up Business executives more optimistic Builders showing higher expectations
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8UK Hotel Forecast Highlights
NovemberMarket 2014 RevPAR
Forecast2015 RevPAR
ForecastBirmingham 2% 3.9%
Bristol (0.2%) 0%
Cardiff 1.2% 0.9%
Glasgow 2.9% (2.7%)
Liverpool 1.9% 3.3%
London 4.9% 3%
Manchester 0.7% (3.8%)
Newcastle 6.6% 3.3%
Provincial UK 1% (1.3%)
Total UK 1% 0.4%
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9German Hotel Market ForecastNovember Report Highlights
German countrywide 2 year forecast:– Increase 1.7% in 2014 and 2% in 2015– Long term economic growth = 1.7%
Monetary policy: Euro Zone policy changes in previous month, all other key rates on hold
Oil prices: WTI & Brent prices lowering Financial futures: US dollar and Euro
increasing
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10German Hotel Market Forecast
November Data Highlights German HIP – flat German HIL – up 0.1% Probability of upcoming recession: 16% German Monthly GDP – up 0.2% German FTLI up 0.2% Consumer prices up 1.2% Unemployment rate at 5.2% Consumer confidence up Business executives less optimistic Builders showing higher expectations
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11German Hotel Forecast
November Report HighlightsMarket 2014 RevPAR
Forecast2015 RevPAR
ForecastBerlin (4%) (1.1%)
Frankfurt 0.6% (3.5%)
Munich (1.3%) 4.8%
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For More Information
Monthly hotel forecast highlights were taken from the November issue of Monthly Hotel Forecasts, please visit:– http://www.e-forecasting.com or email
[email protected] for subscription rates and queries on additional markets
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