HOME
October 2011 Press Release of e-forecasting

Hotel Forecast News: e-forecasting Press Release for the Hotel Industry in US Europe and Global Markets

  HIP: Hotel Industry Pulse | HIL: Hotel Industry Leading Indicator | Hotel Industry HIP and HIL Press Release
 
LODGING & HOSPITALITY MARKET NEWS FOR WHAT'S NEXT
Be informed with e-forecasting's
LATEST HIP HIL HOTEL INDUSTRY PULSE PRESS RELEASES





















.

US hotel business activity losing steam:

EDITOR'S NOTE

August 24th, 2011
e-forecasting.com eNews for the Hotel Industry

DURHAM, New Hampshire —  The U.S. Hotel Industry Leading indicator decreased 0.6% during June after going up by the same amount in May, according to economic research firm e-forecasting.com.

The U.S. Hotel Industry Leading indicator, or HIL, is a monthly leading indicator for the U.S. hotel industry that, on average, leads the industry’s business activity four to five months in advance. The latest monthly change brought the index to a reading of 115.9. The index was set to equal 100 in 2000.
     
HIL’s six-month growth rate, a signal of turning points, was 1.7% in June, nearly half its rate of 3.2% in May. This compares to a long-term annual growth rate of 3.5%, the same as the annual growth rate of the industry's overall business activity. 

Five of the nine components that make up Hotel Industry's Leading Indicator had a positive contribution in June: Labor Market Tightness; Hotel Profitability; Interest Rate Spread; New Orders for Manufactured Goods and Oil Prices. Four of the nine components had a negative or zero contribution to Hotel Industry's Leading Indicator in June: Weekly Hours in Hotels; International Visitors Future Demand; Housing Activity and National Vacation Barometer.
 
“Although as we reported this week the US hotel industry has recently been outshining the U.S. economy, it appears that leading indicators are pointing to a turn down ahead," commented Maria Simos, CEO of e-forecasting.com. "Of note, the two components that cover tourism demand both contributed negatively. Each tourism marketing dollar spent will be of utmost importance to work to stave off some of the negative forces impacting tourism."

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 provides useful information about the future direction of the U.S. hotel industry.

 
Interested in buying or checking out a sample of HIP and HIL?
Hotel Industry Pulse - HIP and Hotel Industry Leading Indicator - HIL by e-forecasting Purchase HIP and/or HIL
Hotel Industry Pulse - HIP and Hotel Industry Leading Indicator - HIL by e-forecasting

Buy HIP: $500.00

Buy HIL: $500.00

Enter e-forecasting's e-store
Free Sample Hotel Industry Pulse - HIP by e-forecasting Hotel HIP Free Sample

Ask for a free Sample of Hotel Industry Pulse - HIP or Order by Email:

Free Sample Hotel Industry Pulse - HIP
 Hotel Industry Pulse Sample

Free Sample Hotel Industry Leading Indicator - HIL by e-forecasting Hotel HIL Free Sample

Ask for a free Sample of Hotel Industry Leading Indicator or Order by Email:

Free Sample Hotel Industry Leading Indicator - HIL
 Hotel Industry Leading Indicator Sample

Home  |  What We Do  |  Why It Works  |  How It Works  |   Free Quote  |  About Us  |  Search   |  Site Map  |  Links

  Copyright 2014 e-forecasting.com  © All rights reserved info@e-forecasting.com