Lodging Econometrics Announces New Report for Executives

2011-09-26

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Lodging Econometrics For the first time, each Market Trend Report combines all lodging real estate research from LE's five separate proprietary databases into one comprehensive reference manual. It consists of summary tables providing trend line insights and individual project records with extensive detail about every hotel for both Development Projects and Recent Hotel Transactions.

The Market Trend Report provides every individual project record for:

The Construction Pipeline sorted by project stage

All Brand Conversions

Known Renovation Projects

Transactions within the last 12 months

Other Property Transfers from M&A activity

Plus, every record contains complete contact information for key executives including developers, ownership groups and the names of buyers and sellers.

Patrick Ford, President of LE said, "This important compendium of construction, development and transaction activity never gathered together in one place before, includes every lodging real estate fact necessary for anyone looking to expand unit growth and increase market share in a particular market."

Development Trend summaries with hotel and guestroom counts provide trend line insights for past supply additions, current Open and Operating Hotels (Census), the three stages of the Construction Pipeline (Under Construction, Starts in the Next 12 months and Early Planning) plus LE's Three-Year Forecast for New Hotel Openings. Views are provided for each market tract and for the leading franchise companies and brands as well as for a series of other important market metrics.

Transaction summaries are compiled by market tract, franchise company and brand, chain scale and location within the market.

Ford continued, "Industry executives will find Market Trend Reports helpful for strategic planning, making go/no go development decisions, finalizing acquisition or disposition decisions, performing due diligence, analyzing prices currently being paid for lodging assets and monitoring all activity that impacts assets currently in their portfolio in that particular market. This report is also ideal for vendors to the industry who will now be able to easily assess New Construction and Product Replacement potential. The Market Trend Report is ideal for directing sales teams and telesales groups."

An LE Market Trend Report is available in .pdf format as a subscription with quarterly updates. For those who are interested in multiple markets, an online desktop database can also be created. If desirable, that database can be expanded to include Individual Hotel Records for the Census of Open and Operating Hotels. For more information, please contact LE directly.

About Lodging Econometrics
With over 30 years of experience in lodging real estate, Lodging Econometrics (LE) offers expertise in all facets of lodging real estate, including the Construction Pipeline, Brand Conversions and Announced Renovations, the Census of Open and Operating Hotels, and Transactions and Property Transfers. LE provides an array of informative and timely subscription and single-issue reports for a global clientele, including hotel franchise companies, real estate ownership groups, management companies, REIT's, opportunity funds, lending institutions, consultants, analysts, appraisers, and vendors to the lodging industry. The global lodging community and real estate industry also rely on LE as trusted advisors to help construct successful Business Development Programs for: