With revenue per available room now growing for 64 months, June was another good month for the U.S. hotel industry, according to an analysis by STR’s Jan Freitag. Here are five things you need to know about the data.
Mark Obrinsky at the Apartment Strategies ConferenceDavid Covucci
The document discusses the economic and apartment market outlook in May 2010. It suggests that while the economic recovery appears to be underway based on GDP and job growth, there is uncertainty around whether growth will be sustained or if recent indicators only reflect temporary strength. It also notes that job and income growth are critical to increasing renter household formation and apartment occupancies. Overall apartment vacancies are forecasted to enter a rapid recovery after stabilizing in 2010.
JAN FREITAG’S 5 THINGS TO KNOW ABOUT U.S. OCTOBER PERFORMANCE DATAHOTEL NEWS NOW (STR)
RevPAR growth for the US hotel industry in October was 6.5%, which is the fourth lowest for the year. While October RevPAR growth was positive, it was not as strong as in previous months despite having an extra Saturday. Five factors that influenced October hotel performance included: RevPAR growth for October being the highest since 2010; supply growth increasing for the third straight month; a lack of over 5% increases in average daily rate; and STR revising its forecasts down due to more muted RevPAR growth expected for the year.
The document discusses trends in the US housing market and forecasts for the future. It notes that housing sales and prices have declined significantly from their peaks but seem to have stabilized. It analyzes factors like the economy, job market, mortgage rates, foreclosures, and consumer confidence and their impact on the housing market. It forecasts that the housing market will continue to be slow in the short-run but recover in coming years as the economy and job market improve and housing inventory and foreclosures are reduced.
The Case-Shiller Price Index showed a 5.4% annual gain in May, with 19 of 20 metro areas rising month-over-month. However, price growth is decelerating in some markets. Stable housing prices enable homeowners to refinance and banks to lend, fueling economic and jobs growth. Consumer confidence fell in July due to concerns over employment and income prospects, but plans to purchase major appliances increased, possibly from new home buyers. Lack of confidence hurts consumer spending and the economy overall.
Connect with more buyers using these consumer trends insights—based on the Zillow Group Report—that show how they think and act as they shop for homes.
I wanted to look at how the S&P and GDP figures align (or don't align) over the years. Again, I didn't quickly find the charts I was looking for, so I created my own.
While US hotel industry revenue per available room (RevPAR) growth was slightly higher in February than January, it remained below the long-term average for February. The report notes that RevPAR growth has been positive for the past 72 months and the analyst expects it to remain positive for the next 18 months, although increases will continue to be small. Occupancy declined across all hotel chain scales in February, most sharply in midscale and economy segments, as room supply growth continued to outpace demand growth for the second consecutive month.
Mark Obrinsky at the Apartment Strategies ConferenceDavid Covucci
The document discusses the economic and apartment market outlook in May 2010. It suggests that while the economic recovery appears to be underway based on GDP and job growth, there is uncertainty around whether growth will be sustained or if recent indicators only reflect temporary strength. It also notes that job and income growth are critical to increasing renter household formation and apartment occupancies. Overall apartment vacancies are forecasted to enter a rapid recovery after stabilizing in 2010.
JAN FREITAG’S 5 THINGS TO KNOW ABOUT U.S. OCTOBER PERFORMANCE DATAHOTEL NEWS NOW (STR)
RevPAR growth for the US hotel industry in October was 6.5%, which is the fourth lowest for the year. While October RevPAR growth was positive, it was not as strong as in previous months despite having an extra Saturday. Five factors that influenced October hotel performance included: RevPAR growth for October being the highest since 2010; supply growth increasing for the third straight month; a lack of over 5% increases in average daily rate; and STR revising its forecasts down due to more muted RevPAR growth expected for the year.
The document discusses trends in the US housing market and forecasts for the future. It notes that housing sales and prices have declined significantly from their peaks but seem to have stabilized. It analyzes factors like the economy, job market, mortgage rates, foreclosures, and consumer confidence and their impact on the housing market. It forecasts that the housing market will continue to be slow in the short-run but recover in coming years as the economy and job market improve and housing inventory and foreclosures are reduced.
The Case-Shiller Price Index showed a 5.4% annual gain in May, with 19 of 20 metro areas rising month-over-month. However, price growth is decelerating in some markets. Stable housing prices enable homeowners to refinance and banks to lend, fueling economic and jobs growth. Consumer confidence fell in July due to concerns over employment and income prospects, but plans to purchase major appliances increased, possibly from new home buyers. Lack of confidence hurts consumer spending and the economy overall.
Connect with more buyers using these consumer trends insights—based on the Zillow Group Report—that show how they think and act as they shop for homes.
I wanted to look at how the S&P and GDP figures align (or don't align) over the years. Again, I didn't quickly find the charts I was looking for, so I created my own.
While US hotel industry revenue per available room (RevPAR) growth was slightly higher in February than January, it remained below the long-term average for February. The report notes that RevPAR growth has been positive for the past 72 months and the analyst expects it to remain positive for the next 18 months, although increases will continue to be small. Occupancy declined across all hotel chain scales in February, most sharply in midscale and economy segments, as room supply growth continued to outpace demand growth for the second consecutive month.
With the holidays rapidly approaching, trends from hotel bookings from 2014 through the third quarter of 2015 are predictive of patterns this coming season. The good news is that there is still time to influence holiday travelers who are in pre-purchase mode, according to a data report from Adara.
JAN FREITAG’S 5 THINGS TO KNOW ABOUT U.S. SEPTEMBER PERFORMANCE DATAHOTEL NEWS NOW (STR)
Revenue per available room in the US hotel industry increased 8% in September, reversing the 2.2% growth seen in August. The Labor Day calendar shift positively impacted September numbers, unlike the effect of the August calendar shift. The forecast for annual revenue growth remains at 6.8%, implying some increase in the fourth quarter. Economy hotels increased room rates 6.3% while upper-upscale hotels grew rates 2.4%, and lower-rated chains outperformed high-end hotels.
Jan Freitag—of “Freitag’s 5” fame—is out on paternity leave for the next two months. But that doesn’t mean the monthly U.S. data stops. Here are five things to know about May’s hotel performance data from STR, HNN’s parent company.
U.S. hotel performance indicators continued to reach all-time highs in April according to an analysis. RevPAR has now been growing for 62 consecutive months. New York City had the highest occupancy of any U.S. market at 86.9% in April. Supply growth hit a new low of +0.1% for the third straight month while three of the top 10 hottest under construction markets are located in Texas.
Marriott International’s acquisition of Starwood Hotels & Resorts Worldwide resulted in a behemoth of 27 hotel brands.
Here’s a look at some of the numbers at play in the deal.
The U.S. hotel industry is seeing supply growth pick up, with the most significant spike expected to come in summer 2016, according Julie Gafney, VP of the database operations center for STR, parent company of Hotel News Now.
Revenue-per-available-room growth for the United States hotel industry slowed during August. But Jan Freitag, senior VP of lodging insights for HNN’s parent company STR, said that’s partly because Labor Day weekend wasn’t during the same week as last year, and it also wasn’t even in the same month. Here are five things you need to know about August’s data.
Hotel supply in the United States is a hot topic of conversation. The industry had 407,413 branded guestrooms under contract
at the end of April, which represented a 18% jump over 2015 levels.
Where are those rooms going? We break down the current U.S. supply pipeline into top brand contributors and the leaders in each segment.
After talking about the Easter shift and the corresponding softness in RevPAR it finally happened. Well, sort of. When you look at March’s growth versus the first two months of the year, March data was really not that bad, according to STR SVP of lodging insights Jan Freitag. Here are five things you need to know about the data.
November showed the impact a single day in calendar shift can have on the United States hotel
industry. November 2014 had one more Sunday (a low-demand day) and one less Friday (high demand)
than November 2013, resulting in the lowest demand growth since January, according to an analysis
from Jan Freitag, senior VP of strategic development for STR, parent company of HNN.
Hotel marketers should consider Pinterest a priority since it plays a key role at both the aspirational and planning stages of the travel-decision-making process.
The United States hotel industry enjoyed another month of impressive performance. Here are five things to know about October data from STR, parent company of Hotel News Now.
What do hoteliers want out of their hotel management software? Data was randomly collected from 385 hoteliers from April 2014 through June 2015 to find out.
This document analyzes hotel performance data over the 2016 Easter holiday weekend. It reports that among major global markets, Kyoto, Japan and Macau, China had the highest Easter eve occupancy rates at 98.4% and 98.1% respectively. In the US, New York City and the Florida Keys had the highest Easter eve occupancy rates at 92.2% and 91.5%. Additionally, Easter eve average daily rates in the US have exceeded $100 for the past five years, with only 2008 previously reaching over $100. Globally, hotel occupancy and rates are typically higher on the Saturday before Easter than on Easter Sunday itself.
At a time when hotels need to take every precaution to avoid falling victim to a data breach and being branded as insecure, consumers don't seem to know much about the security issues that worry them.
Marriott International and Hilton clearly lead the way for publicly listed hotel companies in terms of market capitalization, but both lag well behind the largest players in the overall world of travel.
A recent survey of U.S. guests from Oracle Hospitality and Phocuswright shows that guests have strong opinions about in-room Wi-Fi. temperature and light controls, entertainment and technology-assisted housekeeping.
Jan Freitag’s 5 things to Know U.S. January Performance DataHOTEL NEWS NOW (STR)
Luxury and upper upscale hotel chains saw RevPAR growth of 7.1% and 4.3% respectively in January, driven by healthy increases in average daily rates. The inauguration of the US President led to double-digit RevPAR growth in 10 markets including Washington D.C. at 77.1%, boosting occupancy and rates. However, outside the top 25 markets, hotel occupancy remained below 50% for January.
A glance at the world's largest hotel companies, brands, properties, pipelines and global markets by room count. All figures are as of December 2016, according to STR.
New research from GfK shows roughly a quarter of consumers are willing to be open with companies about their personal data if they're getting something in return.
With the holidays rapidly approaching, trends from hotel bookings from 2014 through the third quarter of 2015 are predictive of patterns this coming season. The good news is that there is still time to influence holiday travelers who are in pre-purchase mode, according to a data report from Adara.
JAN FREITAG’S 5 THINGS TO KNOW ABOUT U.S. SEPTEMBER PERFORMANCE DATAHOTEL NEWS NOW (STR)
Revenue per available room in the US hotel industry increased 8% in September, reversing the 2.2% growth seen in August. The Labor Day calendar shift positively impacted September numbers, unlike the effect of the August calendar shift. The forecast for annual revenue growth remains at 6.8%, implying some increase in the fourth quarter. Economy hotels increased room rates 6.3% while upper-upscale hotels grew rates 2.4%, and lower-rated chains outperformed high-end hotels.
Jan Freitag—of “Freitag’s 5” fame—is out on paternity leave for the next two months. But that doesn’t mean the monthly U.S. data stops. Here are five things to know about May’s hotel performance data from STR, HNN’s parent company.
U.S. hotel performance indicators continued to reach all-time highs in April according to an analysis. RevPAR has now been growing for 62 consecutive months. New York City had the highest occupancy of any U.S. market at 86.9% in April. Supply growth hit a new low of +0.1% for the third straight month while three of the top 10 hottest under construction markets are located in Texas.
Marriott International’s acquisition of Starwood Hotels & Resorts Worldwide resulted in a behemoth of 27 hotel brands.
Here’s a look at some of the numbers at play in the deal.
The U.S. hotel industry is seeing supply growth pick up, with the most significant spike expected to come in summer 2016, according Julie Gafney, VP of the database operations center for STR, parent company of Hotel News Now.
Revenue-per-available-room growth for the United States hotel industry slowed during August. But Jan Freitag, senior VP of lodging insights for HNN’s parent company STR, said that’s partly because Labor Day weekend wasn’t during the same week as last year, and it also wasn’t even in the same month. Here are five things you need to know about August’s data.
Hotel supply in the United States is a hot topic of conversation. The industry had 407,413 branded guestrooms under contract
at the end of April, which represented a 18% jump over 2015 levels.
Where are those rooms going? We break down the current U.S. supply pipeline into top brand contributors and the leaders in each segment.
After talking about the Easter shift and the corresponding softness in RevPAR it finally happened. Well, sort of. When you look at March’s growth versus the first two months of the year, March data was really not that bad, according to STR SVP of lodging insights Jan Freitag. Here are five things you need to know about the data.
November showed the impact a single day in calendar shift can have on the United States hotel
industry. November 2014 had one more Sunday (a low-demand day) and one less Friday (high demand)
than November 2013, resulting in the lowest demand growth since January, according to an analysis
from Jan Freitag, senior VP of strategic development for STR, parent company of HNN.
Hotel marketers should consider Pinterest a priority since it plays a key role at both the aspirational and planning stages of the travel-decision-making process.
The United States hotel industry enjoyed another month of impressive performance. Here are five things to know about October data from STR, parent company of Hotel News Now.
What do hoteliers want out of their hotel management software? Data was randomly collected from 385 hoteliers from April 2014 through June 2015 to find out.
This document analyzes hotel performance data over the 2016 Easter holiday weekend. It reports that among major global markets, Kyoto, Japan and Macau, China had the highest Easter eve occupancy rates at 98.4% and 98.1% respectively. In the US, New York City and the Florida Keys had the highest Easter eve occupancy rates at 92.2% and 91.5%. Additionally, Easter eve average daily rates in the US have exceeded $100 for the past five years, with only 2008 previously reaching over $100. Globally, hotel occupancy and rates are typically higher on the Saturday before Easter than on Easter Sunday itself.
At a time when hotels need to take every precaution to avoid falling victim to a data breach and being branded as insecure, consumers don't seem to know much about the security issues that worry them.
Marriott International and Hilton clearly lead the way for publicly listed hotel companies in terms of market capitalization, but both lag well behind the largest players in the overall world of travel.
A recent survey of U.S. guests from Oracle Hospitality and Phocuswright shows that guests have strong opinions about in-room Wi-Fi. temperature and light controls, entertainment and technology-assisted housekeeping.
Jan Freitag’s 5 things to Know U.S. January Performance DataHOTEL NEWS NOW (STR)
Luxury and upper upscale hotel chains saw RevPAR growth of 7.1% and 4.3% respectively in January, driven by healthy increases in average daily rates. The inauguration of the US President led to double-digit RevPAR growth in 10 markets including Washington D.C. at 77.1%, boosting occupancy and rates. However, outside the top 25 markets, hotel occupancy remained below 50% for January.
A glance at the world's largest hotel companies, brands, properties, pipelines and global markets by room count. All figures are as of December 2016, according to STR.
New research from GfK shows roughly a quarter of consumers are willing to be open with companies about their personal data if they're getting something in return.
Looking for a good hotel bar with great cocktails this New Year’s Eve? Look no further. Here are a few favorite cocktail recipes from hoteliers and F&B experts in NYE markets around the world.
Jan Freitag’s 5 things to Know U.S. October Performance DataHOTEL NEWS NOW (STR)
Key performance indicators, as expected, show the hotel industry riding out the curve in October, with RevPAR growing for the 80th straight month, but at the slowest rate this year.
Hackers take numerous approaches to probe for and exploit weaknesses in corporate computer systems in their hunt for valuable personal and financial information.
A year after the launch of chip payment, businesses and consumers are still working to get a handle on the technology, while card processors say they’ve seen improvement.
As supply continues to increase and widen its lead over demand, the U.S. hotel industry reported continued occupancy declines, as occupancy fell 0.4% in August. Jan Freitag, SVP of lodging insights at STR, HNN’s parent company, gives his take on how the chain scales performed, which markets show above-average supply growth and more.
Mobile devices like smartphones are ranked as the most important travel accessory, and potential guests use them to book travel in various situations, according to data from Hotels.com.
The 2016 HOST Almanac indicates utility costs were down across the country in 2015 and were particularly low in the central regions. Labor costs are poised to increase in many markets over the next few years. Data from the 2016 HOST Almanac shows the regions with the highest labor costs were the Mid-Atlantic, Pacic and East North Central.
The hotel industry has reached the halfway point in 2016 as the current cycle continues to unwind. Here’s a look at five things to know about June’s hotel performance data from STR, HNN’s parent company.
Analysis insight about a Flyball dog competition team's performanceroli9797
Insight of my analysis about a Flyball dog competition team's last year performance. Find more: https://github.com/rolandnagy-ds/flyball_race_analysis/tree/main
STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...sameer shah
"Join us for STATATHON, a dynamic 2-day event dedicated to exploring statistical knowledge and its real-world applications. From theory to practice, participants engage in intensive learning sessions, workshops, and challenges, fostering a deeper understanding of statistical methodologies and their significance in various fields."
Global Situational Awareness of A.I. and where its headedvikram sood
You can see the future first in San Francisco.
Over the past year, the talk of the town has shifted from $10 billion compute clusters to $100 billion clusters to trillion-dollar clusters. Every six months another zero is added to the boardroom plans. Behind the scenes, there’s a fierce scramble to secure every power contract still available for the rest of the decade, every voltage transformer that can possibly be procured. American big business is gearing up to pour trillions of dollars into a long-unseen mobilization of American industrial might. By the end of the decade, American electricity production will have grown tens of percent; from the shale fields of Pennsylvania to the solar farms of Nevada, hundreds of millions of GPUs will hum.
The AGI race has begun. We are building machines that can think and reason. By 2025/26, these machines will outpace college graduates. By the end of the decade, they will be smarter than you or I; we will have superintelligence, in the true sense of the word. Along the way, national security forces not seen in half a century will be un-leashed, and before long, The Project will be on. If we’re lucky, we’ll be in an all-out race with the CCP; if we’re unlucky, an all-out war.
Everyone is now talking about AI, but few have the faintest glimmer of what is about to hit them. Nvidia analysts still think 2024 might be close to the peak. Mainstream pundits are stuck on the wilful blindness of “it’s just predicting the next word”. They see only hype and business-as-usual; at most they entertain another internet-scale technological change.
Before long, the world will wake up. But right now, there are perhaps a few hundred people, most of them in San Francisco and the AI labs, that have situational awareness. Through whatever peculiar forces of fate, I have found myself amongst them. A few years ago, these people were derided as crazy—but they trusted the trendlines, which allowed them to correctly predict the AI advances of the past few years. Whether these people are also right about the next few years remains to be seen. But these are very smart people—the smartest people I have ever met—and they are the ones building this technology. Perhaps they will be an odd footnote in history, or perhaps they will go down in history like Szilard and Oppenheimer and Teller. If they are seeing the future even close to correctly, we are in for a wild ride.
Let me tell you what we see.
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...Social Samosa
The Modern Marketing Reckoner (MMR) is a comprehensive resource packed with POVs from 60+ industry leaders on how AI is transforming the 4 key pillars of marketing – product, place, price and promotions.
"Financial Odyssey: Navigating Past Performance Through Diverse Analytical Lens"sameer shah
Embark on a captivating financial journey with 'Financial Odyssey,' our hackathon project. Delve deep into the past performance of two companies as we employ an array of financial statement analysis techniques. From ratio analysis to trend analysis, uncover insights crucial for informed decision-making in the dynamic world of finance."
Predictably Improve Your B2B Tech Company's Performance by Leveraging DataKiwi Creative
Harness the power of AI-backed reports, benchmarking and data analysis to predict trends and detect anomalies in your marketing efforts.
Peter Caputa, CEO at Databox, reveals how you can discover the strategies and tools to increase your growth rate (and margins!).
From metrics to track to data habits to pick up, enhance your reporting for powerful insights to improve your B2B tech company's marketing.
- - -
This is the webinar recording from the June 2024 HubSpot User Group (HUG) for B2B Technology USA.
Watch the video recording at https://youtu.be/5vjwGfPN9lw
Sign up for future HUG events at https://events.hubspot.com/b2b-technology-usa/
Codeless Generative AI Pipelines
(GenAI with Milvus)
https://ml.dssconf.pl/user.html#!/lecture/DSSML24-041a/rate
Discover the potential of real-time streaming in the context of GenAI as we delve into the intricacies of Apache NiFi and its capabilities. Learn how this tool can significantly simplify the data engineering workflow for GenAI applications, allowing you to focus on the creative aspects rather than the technical complexities. I will guide you through practical examples and use cases, showing the impact of automation on prompt building. From data ingestion to transformation and delivery, witness how Apache NiFi streamlines the entire pipeline, ensuring a smooth and hassle-free experience.
Timothy Spann
https://www.youtube.com/@FLaNK-Stack
https://medium.com/@tspann
https://www.datainmotion.dev/
milvus, unstructured data, vector database, zilliz, cloud, vectors, python, deep learning, generative ai, genai, nifi, kafka, flink, streaming, iot, edge
Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...Kaxil Naik
Navigating today's data landscape isn't just about managing workflows; it's about strategically propelling your business forward. Apache Airflow has stood out as the benchmark in this arena, driving data orchestration forward since its early days. As we dive into the complexities of our current data-rich environment, where the sheer volume of information and its timely, accurate processing are crucial for AI and ML applications, the role of Airflow has never been more critical.
In my journey as the Senior Engineering Director and a pivotal member of Apache Airflow's Project Management Committee (PMC), I've witnessed Airflow transform data handling, making agility and insight the norm in an ever-evolving digital space. At Astronomer, our collaboration with leading AI & ML teams worldwide has not only tested but also proven Airflow's mettle in delivering data reliably and efficiently—data that now powers not just insights but core business functions.
This session is a deep dive into the essence of Airflow's success. We'll trace its evolution from a budding project to the backbone of data orchestration it is today, constantly adapting to meet the next wave of data challenges, including those brought on by Generative AI. It's this forward-thinking adaptability that keeps Airflow at the forefront of innovation, ready for whatever comes next.
The ever-growing demands of AI and ML applications have ushered in an era where sophisticated data management isn't a luxury—it's a necessity. Airflow's innate flexibility and scalability are what makes it indispensable in managing the intricate workflows of today, especially those involving Large Language Models (LLMs).
This talk isn't just a rundown of Airflow's features; it's about harnessing these capabilities to turn your data workflows into a strategic asset. Together, we'll explore how Airflow remains at the cutting edge of data orchestration, ensuring your organization is not just keeping pace but setting the pace in a data-driven future.
Session in https://budapestdata.hu/2024/04/kaxil-naik-astronomer-io/ | https://dataml24.sessionize.com/session/667627