The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
The document summarizes Ideiasnet's 3Q08 financial results. Key highlights include:
- Net revenue grew 17.7% to R$231.4 million in 3Q08 compared to 3Q07.
- EBITDA grew 64% to R$7.4 million in 3Q08 compared to 3Q07.
- The company invested R$10.1 million in its portfolio companies in 3Q08, including Bolsa de Mulher, Spring Wireless, and Automatos.
- At the end of 3Q08, Ideiasnet had a net credit position of R$2.6 million after being in a net debt position previously.
The document provides office market statistics for Indianapolis, Indiana for the 3rd quarter of 2012. It shows that the overall vacancy rate for office space in Indianapolis was 19.7% in the 3rd quarter of 2012, a slight decrease from 19.6% in the 2nd quarter but higher than the 20.1% rate in the 3rd quarter of 2011. It also provides breakdowns of inventory, vacancy rates, and net absorption by subclass and submarket across the city. The downtown submarket had the largest inventory at over 10 million square feet but also the second highest vacancy rate at 19%. The west submarket had the highest vacancy rate at 35.1%.
CCDI reported strong contracted sales growth in 3Q11 of R$301.1 million, up 126% from 9M10, driven by growth in the low income segment. Two major AAA projects began construction in Sao Paulo totaling 88,836 square meters, and 1,564 units were delivered in 3Q11, representing R$200.5 million in PSV. The financial results showed a 13.3% increase in net revenue compared to 3Q10 and gross margin reached 21.3% in 3Q11.
- Company Overview presentation from Q1 2011 provides information on Expedia's business model, financial performance, and growth opportunities.
- Expedia is the world's largest online travel agency with a global presence in 22 countries and portfolio of leading travel brands.
- Key statistics show Expedia had $26.6 billion in gross bookings and $3.5 billion in revenue for the trailing twelve months ending Q1 2011.
- The presentation outlines growth opportunities in international markets, hotel and advertising products which make up a large portion of Expedia's revenue base.
This document provides an overview of Smith Travel Research (STR) reports and how to read and use the data they contain. It discusses the history of STR and how they collect hotel data. It explains key STR reports like the competitive set, market share, occupancy index, and definitions of common metrics. It emphasizes using STR data to benchmark performance against competitors and identify opportunities for improved profitability.
This document analyzes the results of a STaR Chart survey given to teachers at Kaufman High School to assess the integration of technology in teaching and learning. It summarizes the components of the Texas Long-Range Technology Plan in areas such as teaching and learning, educator preparation, leadership and infrastructure. Line graphs show Kaufman High School's progress in each area over time based on survey responses. The document concludes that more professional development for teachers and a needs assessment are needed to help the school meet technology goals.
This monthly STAR report provides a summary of hotel performance metrics for Any Hotel in Any City compared to its competitive set and various industry segments. Key metrics such as occupancy, average daily rate (ADR), and revenue per available room (RevPAR) are presented for the current month, year-to-date, and rolling 3-month and 12-month periods. The report also shows supply, demand, and revenue changes. This allows the hotel to benchmark its performance against competitors and industry averages.
The document provides tips for listening effectively to a speaker, including stopping other activities to focus on the speaker, maintaining eye contact, avoiding judging the speaker or their message, seeking to understand the speaker's intended meaning, confirming understanding, and engaging with the speaker through responses, paraphrasing, and summarization rather than distraction or self-disclosure.
The document summarizes Ideiasnet's 3Q08 financial results. Key highlights include:
- Net revenue grew 17.7% to R$231.4 million in 3Q08 compared to 3Q07.
- EBITDA grew 64% to R$7.4 million in 3Q08 compared to 3Q07.
- The company invested R$10.1 million in its portfolio companies in 3Q08, including Bolsa de Mulher, Spring Wireless, and Automatos.
- At the end of 3Q08, Ideiasnet had a net credit position of R$2.6 million after being in a net debt position previously.
The document provides office market statistics for Indianapolis, Indiana for the 3rd quarter of 2012. It shows that the overall vacancy rate for office space in Indianapolis was 19.7% in the 3rd quarter of 2012, a slight decrease from 19.6% in the 2nd quarter but higher than the 20.1% rate in the 3rd quarter of 2011. It also provides breakdowns of inventory, vacancy rates, and net absorption by subclass and submarket across the city. The downtown submarket had the largest inventory at over 10 million square feet but also the second highest vacancy rate at 19%. The west submarket had the highest vacancy rate at 35.1%.
CCDI reported strong contracted sales growth in 3Q11 of R$301.1 million, up 126% from 9M10, driven by growth in the low income segment. Two major AAA projects began construction in Sao Paulo totaling 88,836 square meters, and 1,564 units were delivered in 3Q11, representing R$200.5 million in PSV. The financial results showed a 13.3% increase in net revenue compared to 3Q10 and gross margin reached 21.3% in 3Q11.
- Company Overview presentation from Q1 2011 provides information on Expedia's business model, financial performance, and growth opportunities.
- Expedia is the world's largest online travel agency with a global presence in 22 countries and portfolio of leading travel brands.
- Key statistics show Expedia had $26.6 billion in gross bookings and $3.5 billion in revenue for the trailing twelve months ending Q1 2011.
- The presentation outlines growth opportunities in international markets, hotel and advertising products which make up a large portion of Expedia's revenue base.
This document provides an overview of Smith Travel Research (STR) reports and how to read and use the data they contain. It discusses the history of STR and how they collect hotel data. It explains key STR reports like the competitive set, market share, occupancy index, and definitions of common metrics. It emphasizes using STR data to benchmark performance against competitors and identify opportunities for improved profitability.
This document analyzes the results of a STaR Chart survey given to teachers at Kaufman High School to assess the integration of technology in teaching and learning. It summarizes the components of the Texas Long-Range Technology Plan in areas such as teaching and learning, educator preparation, leadership and infrastructure. Line graphs show Kaufman High School's progress in each area over time based on survey responses. The document concludes that more professional development for teachers and a needs assessment are needed to help the school meet technology goals.
This monthly STAR report provides a summary of hotel performance metrics for Any Hotel in Any City compared to its competitive set and various industry segments. Key metrics such as occupancy, average daily rate (ADR), and revenue per available room (RevPAR) are presented for the current month, year-to-date, and rolling 3-month and 12-month periods. The report also shows supply, demand, and revenue changes. This allows the hotel to benchmark its performance against competitors and industry averages.
The document provides tips for listening effectively to a speaker, including stopping other activities to focus on the speaker, maintaining eye contact, avoiding judging the speaker or their message, seeking to understand the speaker's intended meaning, confirming understanding, and engaging with the speaker through responses, paraphrasing, and summarization rather than distraction or self-disclosure.
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
2002* ApresentaçãO Realizada Na ConferêNcia De AméRica Latina Do Salomon Smit...Embraer RI
This document provides an overview of Salomon Smith Barney's Latin Conference on March 7-8, 2002. It includes forward-looking statements about Embraer's financial performance and expectations. Some highlights discussed are that Embraer is the 4th largest commercial aircraft manufacturer, has a premier global customer base, strong partners, and outstanding financial performance. It provides details on Embraer's commercial jet families, including over 800 orders for the ERJ 135/140/145 family and over 300 deliveries. The E170/190 family has over 300 orders and development costs were partly borne by risk-sharing partners. The presentation discusses industry trends of using regional jets to maintain capacity as demand decreased after 9/11 and rightsizing
Presentation for Salomon Smith Barney Latin Equity ConferenceEmbraer RI
This document provides an overview of Salomon Smith Barney's Latin Conference on March 7-8, 2002. It includes forward-looking statements about Embraer's financial performance and expectations. Some highlights discussed are that Embraer is the 4th largest commercial aircraft manufacturer, has a premier global customer base, and had strong financial performance in 1999-2001. It provides details on Embraer's commercial jet families, including 866 orders for the ERJ 135/140/145 family and 112 orders for the new EMBRAER 170/175/190/195 family. The document also discusses the transition of the airline industry after 9/11, including rightsizing capacity by transferring routes to regional jets.
Third Quarter Results FY 2010-11:Investor Release Semalytix
HCL Technologies reported its third quarter results for fiscal year 2010-2011. Revenue was up 5.8% quarter-over-quarter and 33.5% year-over-year in US dollars. Net income increased 16.5% quarter-over-quarter and 35.0% year-over-year. Revenue was also up in Indian rupees, with net income growth of 17.1% quarter-over-quarter and 33.0% year-over-year. The company added over 7,500 employees during the quarter and announced a dividend of Rs. 2 per share.
HCL Technologies reported its third quarter results for fiscal year 2010-2011. Revenue was up 5.8% quarter-over-quarter and 33.5% year-over-year in US dollars. Net income increased 16.5% quarter-over-quarter and 35% year-over-year. Revenue in Indian rupees was up 6.4% quarter-over-quarter and 31.5% year-over-year, while net income increased 17.1% quarter-over-quarter and 33% year-over-year. The company added over 7,500 employees during the quarter.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
This document provides highlights and financial results from Localiza Rent a Car S.A.'s 2006 presentation. Some key points:
1. The company experienced strong growth in 2006 with a 31% increase in average fleet size and 29% revenue growth.
2. Profitability also increased with net income growing 32% and EBITDA margin declining slightly from 32.6% to 27.3%.
3. Localiza continued to invest heavily in expanding its footprint, doubling used car points of sale and increasing rental locations by 24%.
4. The company maintained a consistent spread between return on invested capital and weighted average cost of capital, generating increased economic value added of 29.9% in
Russian and Ukrainian internet market: major verticalsInna Ponomarenko
The document summarizes internet opportunities in Russia and Ukraine, focusing on major verticals like e-commerce, SAAS, and mobile gaming. It notes that the combined internet user base of Russia and Ukraine will reach 100 million in the next few years, and that e-commerce, online advertising, and the enterprise SAAS market have significant growth potential in both countries. Mobile app usage is also on the rise due to growing smartphone adoption.
The document provides an overview of Tele2's financial performance in Q1 2011. Key points include:
- Group customer base grew to over 31 million, with net additions of 399,000. Currency-adjusted sales and EBITDA grew 7% and 11% respectively.
- In Russia, Tele2 added 547,000 customers and saw currency-adjusted sales growth of 27%.
- In Sweden, mobile revenue grew 17% with 45,000 postpaid additions, though EBITDA margin fell to 30% due to increased smartphone customers and costs.
- The document reviews Tele2's expansion opportunities in Russia through regional licenses and provides an overview of the Swedish mobile market trends.
1) Net revenues for BRMALLS grew 36% to R$243.6 million in 1Q12, with NOI reaching R$217.8 million and a NOI margin of 90.5%. Adjusted EBITDA and AFFO increased 44.5% and 59.9% respectively.
2) Same-store rents and sales continued to increase strongly, with renewals leasing spread above 20% for the eighth consecutive quarter. BRMALLS also invested R$88.3 million in acquisitions.
3) BRMALLS ended 1Q12 with R$619.1 million in cash and a diversified long-term debt profile. Development projects will
TIM Fiber provides TIM Brasil with opportunities to accelerate growth in several areas: 1) mobile data business acceleration by providing higher speeds and capacity; 2) launching a residential broadband business in an underserved market; and 3) accelerating the corporate segment by providing fiber connectivity. TIM Fiber leverages TIM's existing fiber network of over 40,000 km to provide broadband connectivity in a capital efficient manner with marginal incremental capex required. This fiber network strengthens TIM's network and allows opportunities to increase revenue and shareholder value.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
Hemas Group is a diversified conglomerate operating in Sri Lanka with businesses in FMCG, healthcare, transportation, leisure and power generation. The document provides an overview of the group highlighting its various business segments, key financial statistics and growth strategies. It summarizes the performance of each business segment for the financial year 2010/2011 and outlines expansion plans. The group aims to consolidate market leadership positions and pursue opportunities for growth across its portfolio.
Hemas Group is a diversified conglomerate operating in Sri Lanka with businesses in FMCG, healthcare, transportation, leisure and power generation. The document provides an overview of the group highlighting its various business segments, key financial statistics and growth strategies. It summarizes the performance of each business segment for the financial year 2010/2011 and outlines expansion plans. The group aims to consolidate market leadership positions and pursue opportunities for growth across its portfolio.
The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
The document provides an analysis of media investments and advertising in Poland from 2008-2012. Some key points:
- Television remains the dominant medium, though internet advertising is growing rapidly.
- Major players in the television market saw shifts in market share, with Aflofarm rising to the top spot over Unilever.
- Top advertising sectors included food, pharmaceuticals, and telecoms.
- Television viewing remains high in Poland due to 70% of the population living outside major cities.
- Thematic channels increased their share, taking viewers from mainstream channels during winter months.
- Advertising inventory (seconds sold) increased over 20% in 2011 for the market as a whole.
- Print advertising rose
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
2002* ApresentaçãO Realizada Na ConferêNcia De AméRica Latina Do Salomon Smit...Embraer RI
This document provides an overview of Salomon Smith Barney's Latin Conference on March 7-8, 2002. It includes forward-looking statements about Embraer's financial performance and expectations. Some highlights discussed are that Embraer is the 4th largest commercial aircraft manufacturer, has a premier global customer base, strong partners, and outstanding financial performance. It provides details on Embraer's commercial jet families, including over 800 orders for the ERJ 135/140/145 family and over 300 deliveries. The E170/190 family has over 300 orders and development costs were partly borne by risk-sharing partners. The presentation discusses industry trends of using regional jets to maintain capacity as demand decreased after 9/11 and rightsizing
Presentation for Salomon Smith Barney Latin Equity ConferenceEmbraer RI
This document provides an overview of Salomon Smith Barney's Latin Conference on March 7-8, 2002. It includes forward-looking statements about Embraer's financial performance and expectations. Some highlights discussed are that Embraer is the 4th largest commercial aircraft manufacturer, has a premier global customer base, and had strong financial performance in 1999-2001. It provides details on Embraer's commercial jet families, including 866 orders for the ERJ 135/140/145 family and 112 orders for the new EMBRAER 170/175/190/195 family. The document also discusses the transition of the airline industry after 9/11, including rightsizing capacity by transferring routes to regional jets.
Third Quarter Results FY 2010-11:Investor Release Semalytix
HCL Technologies reported its third quarter results for fiscal year 2010-2011. Revenue was up 5.8% quarter-over-quarter and 33.5% year-over-year in US dollars. Net income increased 16.5% quarter-over-quarter and 35.0% year-over-year. Revenue was also up in Indian rupees, with net income growth of 17.1% quarter-over-quarter and 33.0% year-over-year. The company added over 7,500 employees during the quarter and announced a dividend of Rs. 2 per share.
HCL Technologies reported its third quarter results for fiscal year 2010-2011. Revenue was up 5.8% quarter-over-quarter and 33.5% year-over-year in US dollars. Net income increased 16.5% quarter-over-quarter and 35% year-over-year. Revenue in Indian rupees was up 6.4% quarter-over-quarter and 31.5% year-over-year, while net income increased 17.1% quarter-over-quarter and 33% year-over-year. The company added over 7,500 employees during the quarter.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
This document provides highlights and financial results from Localiza Rent a Car S.A.'s 2006 presentation. Some key points:
1. The company experienced strong growth in 2006 with a 31% increase in average fleet size and 29% revenue growth.
2. Profitability also increased with net income growing 32% and EBITDA margin declining slightly from 32.6% to 27.3%.
3. Localiza continued to invest heavily in expanding its footprint, doubling used car points of sale and increasing rental locations by 24%.
4. The company maintained a consistent spread between return on invested capital and weighted average cost of capital, generating increased economic value added of 29.9% in
Russian and Ukrainian internet market: major verticalsInna Ponomarenko
The document summarizes internet opportunities in Russia and Ukraine, focusing on major verticals like e-commerce, SAAS, and mobile gaming. It notes that the combined internet user base of Russia and Ukraine will reach 100 million in the next few years, and that e-commerce, online advertising, and the enterprise SAAS market have significant growth potential in both countries. Mobile app usage is also on the rise due to growing smartphone adoption.
The document provides an overview of Tele2's financial performance in Q1 2011. Key points include:
- Group customer base grew to over 31 million, with net additions of 399,000. Currency-adjusted sales and EBITDA grew 7% and 11% respectively.
- In Russia, Tele2 added 547,000 customers and saw currency-adjusted sales growth of 27%.
- In Sweden, mobile revenue grew 17% with 45,000 postpaid additions, though EBITDA margin fell to 30% due to increased smartphone customers and costs.
- The document reviews Tele2's expansion opportunities in Russia through regional licenses and provides an overview of the Swedish mobile market trends.
1) Net revenues for BRMALLS grew 36% to R$243.6 million in 1Q12, with NOI reaching R$217.8 million and a NOI margin of 90.5%. Adjusted EBITDA and AFFO increased 44.5% and 59.9% respectively.
2) Same-store rents and sales continued to increase strongly, with renewals leasing spread above 20% for the eighth consecutive quarter. BRMALLS also invested R$88.3 million in acquisitions.
3) BRMALLS ended 1Q12 with R$619.1 million in cash and a diversified long-term debt profile. Development projects will
TIM Fiber provides TIM Brasil with opportunities to accelerate growth in several areas: 1) mobile data business acceleration by providing higher speeds and capacity; 2) launching a residential broadband business in an underserved market; and 3) accelerating the corporate segment by providing fiber connectivity. TIM Fiber leverages TIM's existing fiber network of over 40,000 km to provide broadband connectivity in a capital efficient manner with marginal incremental capex required. This fiber network strengthens TIM's network and allows opportunities to increase revenue and shareholder value.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
Hemas Group is a diversified conglomerate operating in Sri Lanka with businesses in FMCG, healthcare, transportation, leisure and power generation. The document provides an overview of the group highlighting its various business segments, key financial statistics and growth strategies. It summarizes the performance of each business segment for the financial year 2010/2011 and outlines expansion plans. The group aims to consolidate market leadership positions and pursue opportunities for growth across its portfolio.
Hemas Group is a diversified conglomerate operating in Sri Lanka with businesses in FMCG, healthcare, transportation, leisure and power generation. The document provides an overview of the group highlighting its various business segments, key financial statistics and growth strategies. It summarizes the performance of each business segment for the financial year 2010/2011 and outlines expansion plans. The group aims to consolidate market leadership positions and pursue opportunities for growth across its portfolio.
The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
The document provides an analysis of media investments and advertising in Poland from 2008-2012. Some key points:
- Television remains the dominant medium, though internet advertising is growing rapidly.
- Major players in the television market saw shifts in market share, with Aflofarm rising to the top spot over Unilever.
- Top advertising sectors included food, pharmaceuticals, and telecoms.
- Television viewing remains high in Poland due to 70% of the population living outside major cities.
- Thematic channels increased their share, taking viewers from mainstream channels during winter months.
- Advertising inventory (seconds sold) increased over 20% in 2011 for the market as a whole.
- Print advertising rose
Similar to GBR hospitality newsletter 2010 Q4 (20)
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
The Greek tourism industry, especially in Athens, was hard hit during the economic crisis from 2007-2013. International tourist arrivals to Athens dropped sharply from 2007-2012, while other parts of Greece stabilized. This led to a loss of over €2.5 billion for the Athens hotel industry and related businesses due to fewer tourists. While tourist satisfaction in Athens remained high, concerns over unrest and strikes discouraged visits. However, Athens saw a recovery in 2013 with improved occupancy and rates, and further recovery is expected as confidence returns.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
The Greek hospitality industry is showing signs of recovery in 2014. International tourist arrivals to Greece increased 32% in the first quarter compared to 2013, while revenue per available room (RevPAR) for Athens hotels rose 11.5%. Greek resorts also saw a significant RevPAR increase of 32.3% in Q1 2014 over the previous year. However, room rates in Athens remain 21% lower than 2008 levels. Several new hotel investments and developments are planned or underway in Greece, signaling growing investor confidence in the tourism sector and broader economic recovery. The outlook for 2014 remains positive with expectations of further occupancy and rate gains.
2013: Exa the performance of the athens hotel sectorGBR Consulting
The document summarizes the results of a tourist satisfaction survey conducted in Athens, Greece between July and September 2013 with 1,450 respondents. Some key findings include:
- The average age of respondents was 30-40 years old and most were travelling with a partner for pleasure and stayed an average of 4.5 nights.
- 70% visited Athens for its archaeological sites and 91% visited the Acropolis.
- 59% had a better experience than expected and 92% would recommend Athens.
- The overall assessment score was 7.8 out of 10.
International arrivals in Greece increased year-over-year in 2013, with arrivals up 14.3% in Athens and 30.5% in the rest of Greece. Revenue per available room (RevPAR) also increased across Athens, Thessaloniki, and Greek resorts. Confidence in the Greek economy is returning as 50% of Greek CEOs expect an improving economy in 2014. Tourist satisfaction in Athens and Thessaloniki remains very high. Several major Greek hotel sales were announced in 2013, including the sale of Astir Palace Resort for €400 million. The Greek tourism industry expects continued growth in 2014 with a target of 18 million international arrivals and €13 billion in revenue.
The document summarizes the expectations of the Greek hospitality sector for the first quarter and full year of 2014. For Q1 2014, hotels expect occupancy rates to increase but are cautious about room rates, which are forecast to stabilize or see slight increases. For the full year 2014, the sector anticipates significant improvements in both occupancy and room rates. City hotels expect stronger occupancy gains in Q1 than resorts, which foresee stable occupancy. Five-star hotels are optimistic for Q1 occupancy but cautious on rates, while four-star hotels see gains in both areas. Three-star hotels predict stable-to-higher occupancy but lower room rates for Q1.
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
The quarterly newsletter provides a snapshot of the Greek hospitality industry's performance in Q1 2013. International arrivals decreased compared to 2012, with the largest decline in Athens. RevPAR declined in Athens and Thessaloniki but increased for resort hotels. While some competitive destinations saw RevPAR increases, others like Madrid declined. The tourism sector remains optimistic for 2013 with expectations of a 10% increase in both arrivals and travel receipts. Macroeconomic data indicates Greece's economy is stabilizing.
The document summarizes the results of a survey of 158 Greek hotels on their expectations for the second quarter and full year of 2013. For Q2 2013, hoteliers overall remain optimistic about increasing occupancy rates but expect room rates to stabilize. City hoteliers anticipate slight occupancy gains but drops in room rates. Resort hotels forecast strong improvements in both occupancy and rates. The most optimistic are hotels in Crete. Two-star hotels are the most pessimistic. For 2013 as a whole, expectations are similar with occupancy increases and stable room rates overall.
The performance of the Athens hotel sectorGBR Consulting
The survey summarizes tourism trends in Athens from 2009-2012 based on surveys of over 7,000 international visitors. It finds that while international arrivals have stabilized elsewhere in Greece, Athens saw a 11% decline in 2012. Americans, Australians, and Brits paid most attention to the economic crisis but over half still visited. Greeks and Cypriots rated safety and overall satisfaction lower than foreigners. Hotel revenue declined most in lower-rated hotels. While social media use is high, most travelers are older than 30. Hoteliers forecast a difficult first quarter but stabilization in 2013 with regional differences and resilient resort areas.
The GBR Consulting Barometer is a regular suvey to obtain insights into the Greek hotel industry's opinions current issues as well as expectations about Occupancy (OCC) and Average Room Rate (ARR).
How To Change Your Name On American Airlines Aadvantage.pptxedqour001namechange
American Airlines permits passengers to change/correct names on their AAdvantage account. Also, you can request a name change both online via a web portal and offline over the phone. For further information on how to change your name on American Airlines Advantage, get in touch with the airline’s customer service. Also, you can reach out to a consolidation desk at +1-866-738-0741 for quick assistance.
Wayanad-The-Touristry-Heaven to the tour.pptxcosmo-soil
Wayanad, nestled in Kerala's Western Ghats, is a lush paradise renowned for its scenic landscapes, rich biodiversity, and cultural heritage. From trekking Chembra Peak to exploring ancient Edakkal Caves, Wayanad offers thrilling adventures and serene experiences. Its vibrant economy, driven by agriculture and tourism, highlights a harmonious blend of nature, tradition, and modernity.
Un viaje a Buenos Aires y sus alrededoresJudy Hochberg
A travelogue of my recent trip to Argentina, most to Buenos Aires, but including excursion to Iguazú waterfalls, Tigre, and Colonia del Sacramento in Uruguay
How do I plan a Kilimanjaro Climb?
Planning to climb Mount Kilimanjaro is an exciting yet detailed process. Here’s a step-by-step guide to help you prepare for this incredible adventure.
Assessing the Influence of Transportation on the Tourism Industry in Nigeriagsochially
This research dissertation investigates the complex interplay between transportation and the tourism industry in Nigeria, aiming to unravel critical insights that contribute to the enhancement of the overall tourist experience. The study employs a multi-faceted approach, literature review establishes a robust theoretical framework, incorporating The Service Quality and Satisfaction Theory to guide the research questions and hypotheses.
The methodology involves the distribution of a structured questionnaire, ensuring a representative sample and facilitating a comprehensive analysis of the gathered data.
Key findings include the nuanced perceptions of transportation infrastructure adequacy, safety and security concerns, financial influences on travel decisions, and the cultural and ecological impacts of transportation choices. These findings culminate in a comprehensive set of recommendations for policymakers and practitioners in the Nigerian tourism industry. The findings contribute to the existing literature by providing actionable insights for policymakers, stakeholders, and researchers in the Nigerian tourism sector.
The recommendations encompass gender-sensitive planning, infrastructure enhancements, safety measures, and strategic interventions to address financial constraints, ensuring a holistic and sustainable development of the tourism industry in Nigeria.
Author: Imafidon Osademwingie Martins
You can easily change/correct a name on your flight ticket under the American Airlines name change policy. The airline provides multiple online and offline modes to place a name change request. To learn more about how to change a name on American Airlines ticket, you can directly approach the airline’s customer support. Moreover, you can connect with a flight expert at +1-866-738-0741 for quick assistance.
What Challenges Await Beginners in SnowshoeingSnowshoe Tahoe
Discover the exhilarating world of snowshoeing through our presentation, highlighting the challenges faced by beginners. From physical exertion to technical finesse and braving harsh winter conditions, each step in the snow brings new obstacles and unforgettable adventures. Embrace the challenge and conquer the winter wonderland with confidence!
Discovering Egypt A Step-by-Step Guide to Planning Your Trip.pptImperial Egypt
Travelling to Egypt is like stepping into a time capsule where the past and present coexist, offering a unique blend of history, culture, and stunning landscapes.
See more: https://imperialegypt.com/tour-packages/
Best Places to Stay in New Brunswick, Canada.Mahogany Manor
New Brunswick, a picturesque province in eastern Canada, offers a plethora of unique and charming places to stay for every kind of traveler. From the historic allure of Fredericton and the vibrant culture of Saint John to the natural beauty of Fundy National Park and the serene coastal towns like St. Andrews by-the-Sea, there's something for everyone. Whether you prefer luxury resorts, cozy inns, rustic lodges, or budget-friendly options, the best places to stay in New Brunswick ensure a memorable stay, allowing you to fully immerse yourself in the province's rich history, stunning landscapes, and warm hospitality.
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2. Introduction
This newsletter provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels
& resorts in Greece. The hotel permorfmance data is complemented by data from other sources so as to place the
Greek hospitality industry in the context of Greek tourism and of the International Hospitality Industry. Finally, the
outlook of the industry, as seen by hoteliers themselves, is given.
International arrivals1 in Greek airports, 2010 compared to 2009
Region % Change in International arrivals -- Q4 % Change in International Arrivals – ytd Q4
Athens 0.5% -4.6%
Thessaloniki 0.1% -3.5%
Rest of Greece -0.9% 2.1%
Source: SETE, processed by GBR Consulting
RevPAR2 in Greek hotels, 2010 compared to 2009
Region % Change in RevPAR of Greek hotels -- Q4 % Change in RevPAR of Greek hotels – ytd Q4
Athens -13.3%
-7.4%
-23.2%
Thessaloniki -20.0%
3.6%
Resorts 0.2%
Source: GBR Consulting
RevPAR in Competitive Destinations, 2010 compared to 2009
Region % < in RevPAR of Comp. Dest.inations -- Q4 % < in RevPAR of Comp. Destinations – ytd Q4
9.7% 6.6%
S. Europe
7.9%
Rome 10.4%
Madrid 2.8% 8.3%
Cairo 12.2% 7.6%
Source: STR Global, processed by GBR Consulting
1
The international arrivals statistics are based on SETE calculations compiling the data from 13 major airports of Greece,
representing 95% of foreigners’ arrivals by plane in Greece and 72% of total foreigners’ arrivals. Thessaloniki airport
does not distinguish between arrivals of Greeks and foreigners.
2
RevPAR : Revenue per Available Room; for Greek resorts, calculations are based on TRevPAR (i.e. Total RevPAR).
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3. Commentary
International arrivals by air showed an increase (+0.5%) for Athens this quarter, for the first time in 2010. This
can be attributed to the 2500 years anniversary Marathon Run last October, which attracted a large number of
foreign runners, and has helped to contain the overall drop to 4.6%. However the RevPAR developments
continued to be negative, with Q4 showing the largest quarterly drop (-13.3%) of 2010, leading to an overall
drop of 7.4% for the year. As a result of this performance, five downtown hotels in Athens have seized operations
in the last 6 months.
Thessaloniki showed a similar, if more marked, picture with a marginal increase (0.1%) in arrivals in Q4 and a
sharp drop in the RevPAR of the quarter (-23.2%), leading to an annual RevPAR drop of 20%.
This disappointing performance for city hotels is even more striking in comparison to competitive destinations and
Southern Europe, which showed considerable improvements in their RevPAR in 2010.
Resorts, however, performed better by holding their position on an annual basis (an annual increase in RevPAR of
+0,2% and in arrivals of +2.1%); the feared collapse, in the wake of the adverse debt developments and
associated publicity for the country, of the traditional Greek tourism product eventually did not materialise.
Hotel & Other News
VAT on hotel services was reduced to 6.5% (effective Jan. 1st,, 2011) from 11%, in an effort to increase the
competitiveness of the sector. According to our survey ‘Tourism Barometer’, www.gbrconsulting.gr/barometer,
conducted among Greek hoteliers, 77% of hoteliers will use this reduction, either in its entirety (28%) or partially
(49%), to boost competitiveness, while 10% remain indecisive and 13% will use it to increase their profitability.
Things to consider for the next Quarter
The government has announced the start of the “Athens every week” marketing campaign in the aftermath of the
successful staging of the Athens Marathon Run commemorating 2500 years from the original Marathon run. The
2500 Marathon Run attracted approximately 20,000 runners making a substantial impact to the occupancy of
Athens hotels. The “Athens every week” campaign will create unique events for every week in Athens to increase
its attractiveness as a destination. Furthermore, the two main parties have declared their intention to collaborate
so as to preserve the centre of the town functional and avoid the social unrest of 2009 and 2010.
Outlook
In our Tourism Barometer survey (see above), hoteliers expect further deterioration in terms of Occupancy and
ARR (see graph below). Pessimism is greater among city hoteliers than resort hoteliers.
«MY HOTEL»
44%
19% 41%
8%
17%
20% 21% 14%
12%
5%
CC ARR
«MARKET IN GENERAL»
37%
23% 39%
19%
18%
23% 11%
19%
7% 5%
CC ARR
% of respondents that expected
Decrease Decrease Stability Increase Increase
>5% 2 – 5% -2% - +2% 2 – 5% >5%
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