HOTEL PREDICTIVE ANALYTICS
FORECASTS UNITED STATES HOTELS
INTERNATIONAL HOTEL FORECASTS
List of Top 25 US Hotel Markets & Las Vegas Predictive Analytics HIP & HIL
List of Top 25 US Hotel Market & Las Vegas Forecasts
CANADA'S HOTEL PREDICTIVE ANALYTICS
|For Canada's hotel industry, the predictive intelligence report consists of countrywide monthly predictive analytics featuring:
What Questions Can be Answered by Canada's Hotel Predictive Analytics
- Hotel Industry Pulse (HIP)
- Hotel Industry Leading (HIL)
- Hotel Recession Risk (Probabilities for an Upcoming Decline in RevPAR)
Business Intelligence for Canada's Hotels
Q: What's happening now in Canada's hotels?
A: Visualize Canada's Hotel Industry Pulse (HIP)
- How is Canada's hotel industry performing now?
- When did this begin? What's its depth?
- Has this happened before? When? How many times?
- Canada's HIP, a composite analytic of supply and
demand hotel indicators, tracks monthly overall business activity for the
country’s hotels, like GDP for the economy. HIP's higher order analytics, such
as growth rates and ratios, measure the speed of change and the depth of a
business upswing or downswing. HIP also defines hotel industry recessions in
Canada's hotel market by providing the chronology of the country's
hotel business cycle - from booms to busts.
- The HIP's turning points
define the chronology of the industry's business cycle, which can be compared
to the overall business cycle. The analytic helps to historically assess
whether Canada's hotels enter (or exit from) a recession before, after or
at the same time with the overall economy.
Visualize (charts and/or tables) an anatomy of the business cycle for a hotel market in Box 1.
- Hotel performance statistics behave in line with the business cycle. Revenue
per available room (RevPAR) for Canada's hotels dips when Canada's HIP
declines; RevPAR begins to recover when HIP signals an end to recession.
Visualize (charts and/or tables) an anatomy of RevPAR during an industry recession for a hotel market in Box 2.
Predictive Intelligence for
Q: What's next for Canada's Hotels?
A: Visualize Two Predictive Analytics for
Canada's Hotel Industry Leading (HIL) is a single
predictive analytic that sheds light on the future performance of the country's
hotels. Canada's HIL is a composite of leading indicators related to the
domestic and international future business climate, which drive visitors to the
country's hotels. HIL historically and consistently changes direction before
HIP. Thus, Canada's HIL is a forward looking composite that leads hotel
performance statistics like RevPAR.
Canada's Hotel Industry Leading (HIL)
- Hotel Recession Risk - Probabilities for an Upcoming Decline in Canada's RevPAR
Visualize (charts and/or tables) an anatomy of HIL foretelling future movements in RevPAR for a hotel market in Box 3.
Canada's HIL is generated monthly using factual forward looking composite analytics such as:
Hotel Recession Risk
- probabilities for an upcoming decline in Canada's RevPAR - is calculated by applying probabilistic
econometric models, which relate historically the
recession (expansion) dates derived from Canada's
Hotel Industry Pulse (HIP) index to the forward-looking
Canada's Hotel Industry Leading (HIL). This
process generates forecasts of probabilities of an
upcoming recession (expansion)and captures future
business activity for Canada's and thus its key
performance measure, Revenue Per Available Room (RevPAR).
Tightness in Labor Markets
- Hotel Profitability
- Foreign Demand
- Financial Conditions
- Intentions to Buy Big Ticket Items
- Energy Costs
- Business Activity in Housing Markets
Visualize (charts and/or tables) tracking the risk of an upcoming recession for a hotel market in Box 4.
The Bottom Line
analytics improve decision-making, yet there is
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complexity to create them. For Canada's Hotel
Predictive Analytics, our team has done the hard work
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is the time to inform and act. Deploy Canada's
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