The Hotel Industry is Starting to Recover
As Australia’s leading commercial city and the gateway for most international travellers to Australia, the demand for hotel room nights in Sydney acts as a barometer for the general performance of the hotel industry across the country.
Technologists and Hoteliers have very different personalities, yet both are critical to successful hotel technology decisions. This article explores the nature of that sometimes difficult collaboration, and offers some advice for a smooth process.
Hotel Life Expectancy
Tour flow alone typically will not fill a hotel. Business travelers, meeting and convention travelers, and pleasure or leisure travelers are the three primary market segments that comprise the total of lodging demand.
In this article the author explains how cash-flow modeling is an important part of a timeshare project's initial planning stages.
Individual components of the business can be analyzed and evaluated separately. A timeshare development is actually three businesses in one, each with distinct characteristics and value observations as noted in the article.
Steve Rushmore's May 2004 Hotels article.
The Australian tourism industry had a difficult start to 2003, due to the hostilities in Iraq and the outbreak of SARS. This article reviews hotel performance for the 12 months to December 2003 in Sydney, Melbourne, Brisbane, Perth and Adelaide.
Australian Tourism Export Council Symposium, Royal Pines Resort – 30 April 2004