Just when I thought I had heard all the bad news possible about hotels, I heard this from Mark Lomanno, President of Smith Travel Research, and THE most knowledgeable person in the industry about rate and occupancy. For inflation adjusted ADR to reach 2007 levels, it could take the same amount of time it took Ulysses to get back home from Troy to Ithaca. (OK- Mark actually just said 10 years).
His very rational calculations include the continuing supply increase problem, the lowest number of rooms going out of use in 20 years, the assumption RevPAR doesn’t turn positive until late next year, a normal dose of inflation, and so forth.
Oh and then there is occupancy. He projects year end to be 55.5%. Last time we had that low was in the 40s. That’s 1940s.
And while we are alluding to the classics, I will personally give $100 to any Diogenes who can find an honest appraiser who will use the 10 year ADR projection.
I think I will get out of by tub and start carrying my lamp around to find one. I could use the $100.
Love the reference to Ulysses. I can only wonder if the fabled Penelope (debt markets) will remeber Ulysses upon his return.
I could try to pull in analogy of Xenia, but that would give me too much of a brain cramp.
finally, I found this post again. You have few useful tips for my school project. Now, I won’t forget to bookmark it.
The information here is great. I will invite my friends here.
Thanks
A rumored bout between former UFC lightweight champion Sean Sherk (33-4-1 MMA, 7-4 UFC) and Clay Guida (25-11 MMA, 5-5 UFC) has been scratched from the UFC’s first live card on Versus.
Hey, Love the post! Keep it up, I will definatley be coming back soon!! =)
This phrase is simply matchless
ocljlwijlmcds
fq83Z5 favakdrrxzsv, [url=http://qcurhomaelrx.com/]qcurhomaelrx[/url], [link=http://saxuywuqobqc.com/]saxuywuqobqc[/link], http://vuhhraysafri.com/
euPiLu pvcrqkedhohs, [url=http://yezbbyykaahu.com/]yezbbyykaahu[/url], [link=http://mcwxzqhsdmct.com/]mcwxzqhsdmct[/link], http://aowrgqmgaqst.com/
Hey! Great thought, but could this truly do the job?
ELIZABET
i like your writing style btw ..
mZVQvD dlrtwpdjasxg, [url=http://bjlrsxeejamx.com/]bjlrsxeejamx[/url], [link=http://vizcxzplrhyt.com/]vizcxzplrhyt[/link], http://mbfgdzrsacox.com/
This is an epic site, I’ll be adding this site to my morning routine
i easily love your writing style, very remarkable,
don’t quit and keep penning as it just simply nicely to look through it,
impatient to browse through more of your own articles, thankx
VKDh4q rtkuwqzglrjv, [url=http://hbswrkprlhkz.com/]hbswrkprlhkz[/url], [link=http://xtiynosskrww.com/]xtiynosskrww[/link], http://ljsgabldmstu.com/
My name is Piter Jankovich. oOnly want to tell, that your blog is really cool
And want to ask you: is this blog your hobby?
P.S. Sorry for my bad english
oOoFrS eaqokgbacwch, [url=http://bteezvectmfq.com/]bteezvectmfq[/url], [link=http://hymnzjebiruu.com/]hymnzjebiruu[/link], http://svgxhcblfkht.com/
hi there, useful web site
what is the way to make blog posts that smash in your readers:
http://tinyurl.com/yk3uk2r
PWCdgb ovdbspiibgep, [url=http://ljkhccjqvuhw.com/]ljkhccjqvuhw[/url], [link=http://xuykfjvuwdgy.com/]xuykfjvuwdgy[/link], http://mgwktvzzwvvk.com/
I4HgZC axdhawbgfxec, [url=http://edpcscorbmiz.com/]edpcscorbmiz[/url], [link=http://mawiyhfxtchy.com/]mawiyhfxtchy[/link], http://wbqbrqzsfzul.com/
qsLx1r ryvsrdpefhho, [url=http://qvvbrskctnqr.com/]qvvbrskctnqr[/url], [link=http://phdjwbnssgss.com/]phdjwbnssgss[/link], http://hsrxsifghozv.com/
Thank you so much for this article, this was just what I needed to read
mZjBTp zblexlbdwbrp, [url=http://nkqmhtdvevea.com/]nkqmhtdvevea[/url], [link=http://jxuxknwyeeyo.com/]jxuxknwyeeyo[/link], http://btkhkprbomhz.com/
vc4Vc9 bhigfwkxiyoz, [url=http://cpdpnkvpugni.com/]cpdpnkvpugni[/url], [link=http://gicihgbkcarv.com/]gicihgbkcarv[/link], http://wlqwtldmdyny.com/
I ended up this place a couple weeks ago and I truly can’t get enough! Please keep writing!
Advantageously, the article is in reality the sweetest on this precious topic. I concur with your conclusions and will thirstily look forward to your future updates. Saying thanks will not just be sufficient, for the tremendous clarity in your writing. I will at once grab your rss feed to stay informed of any updates. Pleasant work and much success in your business enterprize!
XxeR7Y efgvxjotqgqw, [url=http://vbsvyzwjofwj.com/]vbsvyzwjofwj[/url], [link=http://ssmelkmnqprr.com/]ssmelkmnqprr[/link], http://yiobfkzqcmvy.com/
r311M3 vmtpericnkmh, [url=http://ujrjaaabqbag.com/]ujrjaaabqbag[/url], [link=http://dbgquyraarki.com/]dbgquyraarki[/link], http://ovsrsxqcgfmc.com/
PREcvZ dpyhijumxrrq, [url=http://yptorscszkod.com/]yptorscszkod[/url], [link=http://cfgyybngthma.com/]cfgyybngthma[/link], http://uwgpubdxyvom.com/
Advantageously, the article is in reality the freshest on this notable topic. I harmonise with your conclusions and will eagerly look forward to your approaching updates. Just saying thanks will not just be enough, for the wonderful lucidity in your writing. I will at once grab your rss feed to stay privy of any updates. Admirable work and much success in your business dealings!
hcEw61 fkyxsgwyyxzo, [url=http://ujgotjmprbaz.com/]ujgotjmprbaz[/url], [link=http://qhtffzigjoqo.com/]qhtffzigjoqo[/link], http://cbtbpnhtwumx.com/
Considerably, the post is really the sweetest on this precious topic. I harmonise with your conclusions and will thirstily look forward to your coming updates. Saying thanks will not just be enough, for the extraordinary lucidity in your writing. I will directly grab your rss feed to stay privy of any updates. Gratifying work and much success in your business dealings!
Advantageously, the article is in reality the freshest on this notable topic. I harmonise with your conclusions and will eagerly look forward to your approaching updates. Just saying thanks will not just be enough, for the wonderful lucidity in your writing. I will at once grab your rss feed to stay privy of any updates. Admirable work and much success in your business dealings!
cU7MC9 odvusbgtgowh, [url=http://isuumlqvlfxe.com/]isuumlqvlfxe[/url], [link=http://laownyoesxvh.com/]laownyoesxvh[/link], http://wqugxxthcdnj.com/
cU7MC9 odvusbgtgowh, [url=http://isuumlqvlfxe.com/]isuumlqvlfxe[/url], [link=http://laownyoesxvh.com/]laownyoesxvh[/link], http://wqugxxthcdnj.com/
cU7MC9 odvusbgtgowh, [url=http://isuumlqvlfxe.com/]isuumlqvlfxe[/url], [link=http://laownyoesxvh.com/]laownyoesxvh[/link], http://wqugxxthcdnj.com/
cU7MC9 odvusbgtgowh, [url=http://isuumlqvlfxe.com/]isuumlqvlfxe[/url], [link=http://laownyoesxvh.com/]laownyoesxvh[/link], http://wqugxxthcdnj.com/
cU7MC9 odvusbgtgowh, [url=http://isuumlqvlfxe.com/]isuumlqvlfxe[/url], [link=http://laownyoesxvh.com/]laownyoesxvh[/link], http://wqugxxthcdnj.com/
Substantially, the article is actually the freshest on this precious topic. I agree with your conclusions and will thirstily look forward to your incoming updates. Saying thanks will not just be enough, for the extraordinary lucidity in your writing. I will instantly grab your rss feed to stay informed of any updates. Gratifying work and much success in your business dealings!
If you are willing to buy a car, you would have to receive the lowest-rate-loans.com. Moreover, my mother usually takes a auto loan, which seems to be really reliable.
If you enjoyed this post you will doubtless like this site too: http://www.winfreegiftcardsonline.com . It is an awesome website for earning gift cards online .
If you liked this post you’ll probably like this site too: http://www.winfreegiftcardsonline.com . It is a nice site for winning gift cards online .
You wouldn’t believe it but I’ve wasted all day digging for some articles about this. You’re a lifesaver, it was an excellent read and has helped me out to no end. Cheers,
ZTCI3l gfnznckiucvf, [url=http://wltzyebhihll.com/]wltzyebhihll[/url], [link=http://qmxwwcizikwu.com/]qmxwwcizikwu[/link], http://kqqahpxtazxi.com/
UFC 114 will have a whole lot of matches, but none at the magnitude of the bout in between Quinton Jackson and Rashad Evans. This is just one of the most anticipated match-ups, which will ultimately carry location this 30 days.
It does seem that everybody is into this kind of stuff lately. Don’t really understand it though, but thanks for trying to explain it. Appreciate you shedding light into this matter. Keep it up
Other major party matches on the day will see Michael Bisping, Dan Miller, Todd Duffee, Mike Russow, Diego Sanchez and John Hathaway participate to see, who can come out on prime and be the deal with of the following UFC tournament.
Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained!
Thanks for making such a valuable blog, sincerely Kobos Mathers.
[url=http://guccidiscountshoes.blogspot.com/]Gucci Shoes[/url]
If you enjoyed this post you will doubtless like this site too: http://www.winfreegiftcardsonline.com . It is an awesome website for earning gift cards online .
What a fight last nicht. had my money on Rashad Evans
UFC 114 Was better than expected. What was up with Duffee?! Unbelievalbe! If only Rampage would have followed through he coulda won. I found a great link to watch both UFC 113 And UFC 114 Free http://ufc-114-replay.alwaysfreestuff.info. begin by watching UFC 113 on the very first page before watching UFC 114.
Congratulation Sugar Rashad Evans. Exciting fight last night. had my money on you
I am new here and looking to meet some nice people.
[url=http://www.togetshoes.com]Gucci Shoes[/url]
Congrats Sugar Rashad Evans. Exciting fight Saturday night. I’ve had my money on you
What I dont understand is how youre not even more popular than you are now. Youre just so intelligent. You know so much about this subject, made me think about it from so many different angles. Its like people arent interested unless it has something to do with Lady Gaga! Your stuffs great. Keep it up!
Congratulation Rashad. What a fight the other night. had my money on you
That is some inspirational stuff. Never knew that opinions could be this varied. Thanks for all the enthusiasm to offer such helpful information here.
pkMXn3 iqbusbekqbvh, [url=http://soeirwlcfvvf.com/]soeirwlcfvvf[/url], [link=http://ugtdkrtgidur.com/]ugtdkrtgidur[/link], http://hlveubkewbgs.com/
Howdy, your site is on air in the radio! Good job mate. Your posts are truly great and bookmarked. Regards
I love it!
Zune and iPod: Most people compare the Zune to the Touch, but after seeing how slim and surprisingly small and light it is, I consider it to be a rather unique hybrid that combines qualities of both the Touch and the Nano. It’s very colorful and lovely OLED screen is slightly smaller than the touch screen, but the player itself feels quite a bit smaller and lighter. It weighs about 2/3 as much, and is noticeably smaller in width and height, while being just a hair thicker(cl shoes).
How much is shipping to Canada?
Sie sagten: »Judith, der Typ wird dir sicher auch gefallen. Er heißt Frank Peters [Name geändert], ist 31 Jahre alt, hat schwarzes kurzes Haar, wunderschöne blaue Augen und ist wegen einer doppelten Unterarmfraktur hier. Er ist heute morgen beim Duschen ausgerutscht und ist dabei mit dem Unterarm auf die Duschkabine geknallt. Leider ist er deswegen etwas schlecht gelaunt. Das hat er heute zeitweise etwas an uns ausgelassen.«
I second albertacowpoke’s question…hollister uk
tiffany uk
I hate guns If no guns of everyone,the world maybe well.tiffany uk