17 ordspråk av Bjorn Hanson

Bjorn Hanson

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Most travelers seem to be extremely positive about the improved quality of beds and bedding.

We've seen ... substantial occupancy increases, which cause developers, lenders and others to have confidence that positive trends will continue.

Although the maintenance and general condition of U.S. hotels is the best it has ever been, the industry continues to make improvements and offer further enhancements.

People see value in having these intensive services. If you are flying in and get home late, they want a room service dinner rather than takeout pizza.

The forecast is based on the strength of the equity markets. The low delinquency rates experienced in the challenging years of 2002 and 2003, compared with prior periods of low performance; favorable earnings before interest, taxes, depreciation and amortization; earnings per share multiples in public equities; and the flow of capital into equity markets contributed to the outlook.

Commercial demand has increased for special-strategy corporate meetings. Many of these meetings are held in suites, where there is a private area for the meeting and an area for the person running the meeting to stay overnight.

Maybe they'll budget for a less expensive dinner, but they'll still go. The negative effect of gasoline prices will be overwhelmed by the strength of the economy and the limited amount of new supply.

There are some cities where there are still extraordinary discounts,

What we've seen is demand growing at three and a half to four and a half percent in some recent years. This year it will only grow about two and a half percent.

[But will such balancing acts work? Analysts are doubtful.] No one is doing a great job, ... It's very difficult to cater to all travelers.

Everyone is asking for favors, for special consideration,

The economics are extremely compelling. It is good for every reason we can think of.

There are several reasons why these data are not available. In many parts of the world there are simply not sources that compile the data. Real estate, hotel or construction companies are not as accustomed to sharing these data as they are in North America. Finally, gathering the data is very time consuming and challenging: Projects are announced that are never completed, and it would involve interviewing multiple local officials, local, regional and national developers, hotel companies and many others.

[But it doesn't end there.] Guests will pay more for food and beverage and the use of fitness facilities, ... They should also be alert to what these days are called surcharges, which range from housekeeping fees to the use of resort amenities.

1998 is turning out to be a transition year for the lodging industry, ... After seven consecutive years of occupancy increases we are going to see occupancy in all five price points, price segments decrease this year.

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