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S tate of the Hotel Market

S tate of the Hotel Market. By Bruce H. Walker President. Accurate Tax-based Performance Data from All 4,650 Texas Hotels Representing 8% of the U.S. First Quarter 2010 RESULTS. RECESSION BOTTOMING NO SIGNIFICANT RECOVERY IN QUARTER

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S tate of the Hotel Market

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  1. State of the Hotel Market By Bruce H. Walker President

  2. Accurate Tax-based Performance Data from All 4,650 Texas Hotels Representing 8% of the U.S.

  3. First Quarter 2010 RESULTS • RECESSION BOTTOMING • NO SIGNIFICANT RECOVERY IN QUARTER • FUTURE RECOVERY LIMITED BY FEDERAL POLICIES AND PROGRAMS

  4. A GLIMMER OF HOPE

  5. VOLUME AT LOWER PRICES

  6. % CHANGE VS. YEAR AGO

  7. FUTURE RECOVERY LIMITED • Federal Stimuli Failed • 20% Unemployment (including part-timers & ‘give-ups’) • Deficits Rival Greece & Spain • Looming Tax Increases: Income Tax, Inheritance Tax, ‘Fees’ • No Effective Energy Production Policy

  8. FUTURE RECOVERY LIMITED • Nationalized Healthcare • Cap & Trade • Immigration ‘Reform’ • Unaddressed Housing Crisis (Fannie/Freddie not addressed) • Take over of Wall Street • Insolvent States Ready to Lay Off Employees

  9. WE HOPE WE’RE WRONG! • IF NOVEMBER ELECTIONS STOP THE CURRENT FEDERAL DIRECTIONS, THE ECONOMY SHOULD RECOVER!

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