Generously underwritten by: Mark David
HD 2013 Town Hall Owners’ Roundtable Presented by:. Generously underwritten by: Mark David. Welcome to the 12 th Annual Town Hall. Liz Sommerville Group Show Director Nielsen Expositions Hospitality Design. 2. Moderator. Alan Benjamin, ISHP, ISHC president and ceo Benjamin West
Generously underwritten by: Mark David
E N D
Presentation Transcript
HD 2013 Town Hall Owners’ Roundtable Presented by: Generously underwritten by: Mark David
Welcome to the 12th Annual Town Hall Liz Sommerville Group Show Director Nielsen Expositions Hospitality Design 2
Moderator Alan Benjamin, ISHP, ISHC president and ceo Benjamin West co-founder and past president, ISHP 3
Co-Moderator LoriPatten, ISHP principal PattenPurchasing, LLC president, ISHP 4
Economic Indicator Study of Hospitality Purchasers Prepared by: The Hospitality Design Group/Nielsen Expositions Prepared for: The International Society of Hospitality Purchasers www.ishp.org May 16, 2013 5
BUSINESS GROWTH – CHANGE IN NUMBER OF PROJECTS Past 12 Months Next 12 Months Up Same Down 11
SUMMARY • Over 60% of the work has moved from the mid-scale and economy segments back to the upper upscale and upscale segments. • Over 75% of the projects are renovations of branded/ chain hotels. • Significant longer product lead times, on a larger overall budget, on shorter project schedules. • For 2013, we are spending more money on items that take longer to produce. • And 73% of the ISHP members think business will be up in 2013, with only 2% thinking business will be down in 2013. 12
HD 2013 Town Hall Owners’ Roundtable Presented by: Generously underwritten by: Mark David 45