NEWS & MEDIA
HIL: Hotel Industry Leading
Indicator by e-forecasting
unveiled its monthly hotel industry indicators at the
first annual Hotel Data Conference in 2009.
These two indicators, the
HIP (a hotel
industry GDP) and the
HIL (a hotel industry
leading indicator), are released on a monthly basis and have
become well known and widely watched in the US, Europe and
Global hospitality and lodging markets.
HIL - The US hotel industry leading
indicator, or HIL for short, is a monthly leading indicator
for the industry. Building off the tracking success of HIP,
the real-time indicator for the U.S. hotel industry,
HIL was built as a composite indicator that uses nine
different components that, on average, when put
together have led the industry four to five months
in advance of a change in direction in the industry business
cycle. HIL, the hotel industry leading indicator,
provides useful information about the future direction of
the U.S. hotel industry.
Both the HIP - hotel industry pulse - and HIL -
hotel industry leading indicator, are widely
reported on, on a monthly basis in major
news portals around the world that cover the lodging
and hospitality industry market.