Presenter: JP Ford Senior Vice President. HAMA Fall 2013 Meeting September 25 - 26, 2013 Hilton Bonnet Creek, Orlando, FL. A Snapshot of Lodging Supply and Transaction Trends. Lodging Econometrics (LE): Who We Are.
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Presentation Transcript
Presenter: JP Ford Senior Vice President
HAMA Fall 2013 Meeting September 25 - 26, 2013 Hilton Bonnet Creek, Orlando, FL A Snapshot of Lodging Supply and Transaction Trends
Lodging Econometrics (LE): Who We Are LE is the leading provider of Global Real Estate Intelligence. LE delivers comprehensive Market Trend Reports to Asset Managers for any individual market in the world. Market Trend Reports provide detailed summaries of all Pipeline and Transaction Activity by: Chain Scale, Market Tract, Leading Companies and Brands etc. LE also maintains the largest and most accurate Online Database of New Construction, Open & Operating Hotels (Census), and Individual Sales Comps throughout the world. LE has a team of researchers who maintain relationships with over: 200 Brands, 600 Developers and 1,500 Ownership and Management Groups, globally.
US Lodging Real Estate Cycle Operating Maturity Return to Operating Peaks Main Street Debt Availability New Project Announcements Transactions Conversions/Renovations Early Operating Recovery X
US Construction Pipeline: Projects & Room Counts as of 2Q13 with Forecast Rooms (000s) Under Construction Starts in Next 12 Mos Early Planning Forecast 525 460 430 400 373 350 341 335 3,563 2,757 2,822 3,122 2,753 Projs
US Construction Pipeline: Project Stage Year Over Year Comparison
Total US Construction Pipeline: By Chain Scale By Rooms
Total US Construction Pipeline: By Chain Scale By Rooms
LE’s US Forecast for New Hotel Openings as of 2Q13 Actual Forecast Rooms 82,587 68,037 25,347 56,305 44,528 37,193
Top 10 US Markets – Total Construction Pipeline: By Rooms as of 2Q13
Top 10 US Markets – Total Construction Pipeline: By Rooms as of 2Q13 (cont’d)
US Pipeline By Top 5 Franchise Parent Companies: By Rooms as of 2Q13
US Transactions with a Reported Selling Price as of 2Q13 170K 212K 152K Average Selling Price Per Room (000s) 80K 70K 77K
US Lodging Real Estate – Total Investment by Dollars1 as of 2Q13 1 For Transactions with a reported Selling Price
Market Trend Report: Sample Cover Page
Market Trend Report: Market Tract by Chain Scale
Market Trend Report: Projects Under Construction
Thank You! Presented by: Bruce Ford Thank You! JP Ford Senior Vice President P: 603.431.8740 x14 C: 603.770.0767 E: jpford@lodgingeconometrics.com Please visit our website: www.lodgingeconometrics.com/industry-support for a complimentary copy of this presentation.