Corporate Earnings
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NBTA: Premium Bookings Fuel Projected 2011 Business Travel Spending Jump
… classes," according to NBTA. "Through the second half of 2009 and the first three quarters of 2010, better corporate earnings and booming export markets saw the return of premium business travel in international outbound. International …
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Hotels Bullish After Corporate Demand Boost Fuels Solid Q3
… percent in North America. With the boost in business travel, Marriott cut back on discounting and pushed its corporate earnings up by 9 percent in North America during the quarter, according to Marriott chairman and CEO J.W. Marriott …
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PricewaterhouseCoopers for 2011 predicted a 4.1 percent rise in U.S. lodging rates
. For full-year 2010, the firm projected a 0.6 percent rate drop and a 2.6 percent increase in occupancy. "The recovery of business travel is expected to continue as recent corporate earnings reports suggest a more confident segment willing to travel," according to PwC.
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PwC Sees Dwindling New Supply Driving Hotel Room Rate Hikes Next Year
… continue throughout the rest of this year, fueled in part by a recovery in business travel, based on recent corporate earnings reports that have indicated more willingness to travel, the firm said. PwC projects occupancy will rise by 4 …
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Maritz, McGettingan Meetings Marriage Bearing Fruit
… unusual economy, with buyers scrambling to cut costs. We'd like to see a period of relative calm with decent corporate earnings . Then people will spend more time making analytical decisions, and we'll see interest. A war is a wild card …
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SITE Names Vastine Prez
… whole operation, though, is the further acceptance of incentive travel at a time when the economy remains soft, corporate earnings remain shaky and the threat of military action in the Middle East hangs over the industry. Vastine, though …
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Corps. Slow To Centralize, Consolidate
… represent the most immediate feelings regarding the benefits of consolidation. But the stranglehold that declining corporate earnings and stock prices have put on some major meeting programs seems to illustrate that though some buyers have a renewed …
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Finding Rooms In N.Y. Remains A Challenge
… should make properties more favorably consider negotiating." Rubin stressed that "the nervousness about future corporate earnings is based more upon apprehension than actual figures. But it is these concerns that are driving many companies …
