Our guest speaker for the evening was Sarah Duignan, Director of Account Management at STR. In her presentation Sarah covered: Performance, forecasts and anaylsis of the Dublin market International market comparison and anaylsis Positive news even in recessionary times Insight into the impact of the new terminal at Dublin Airport and the Convention Centre
Presentation Title Subtitle Date and Location A good past year.. What does the future hold? Sarah Duignan Director of Account Management, STR Global HSMAI Ireland DIT Cathal Brugha Street, 21 st February 2012 Worldwide & European Hotel Performance with a special focus on Ireland & Dublin STR Global Ltd is the exclusive owner of all rights in this presentation and its content. Reproduction of all or a portion of this presentation for any purpose without prior approval of STR Global is strictly prohibited
Transcript
Presentation Title Subtitle
Date and Location
A good past year.. What does the future hold?
Sarah Duignan
Director of Account Management, STR Global
HSMAI Ireland
DIT Cathal Brugha Street, 21st February 2012
Worldwide & European Hotel Performance with a special focus on
Ireland & Dublin
STR Global Ltd is the exclusive owner of all rights in this presentation and its content. Reproduction of all
or a portion of this presentation for any purpose without prior approval of STR Global is strictly prohibited
The World Regions – are they really our oyster?
Europe – Supply, Supply, Supply Ireland – where do we fit into the picture? Do Dublin & Cork stack up against UK cities? What does the future hold? Q & A
Agenda
Demand growth with muted supply growth Year End 2011, YOY % change, supply, demand, revPAR
Africa
Middle East Asia
Pacific SUPPLY
D
E
M
A
N
D
Europe € North
America
Central & South
America
Review by month – Africa in free fall
Monthly RevPAR % chg
The World Regions – are they really our oyster?
Europe – Supply, Supply, Supply Ireland – where do we fit into the picture? Do Dublin & Cork stack up against UK cities? What does the future hold? Q & A
Agenda
0
20
40
60
80
100
120
1,320,000,000
1,340,000,000
1,360,000,000
1,380,000,000
1,400,000,000
1,420,000,000
1,440,000,000
1,460,000,000 Ja
n-0
7
Mar
-07
M
ay-0
7
Jul-
07
Se
p-0
7
No
v-0
7
Jan
-08
M
ar-0
8
May
-08
Ju
l-0
8
Sep
-08
N
ov-
08
Ja
n-0
9
Mar
-09
M
ay-0
9
Jul-
09
Se
p-0
9
No
v-0
9
Jan
-10
M
ar-1
0
May
-10
Ju
l-1
0
Sep
-10
N
ov-
10
Ja
n-1
1
Mar
-11
M
ay-1
1
Jul-
11
Se
p-1
1
No
v-1
1
Supply Occ revPAR
Europe – supply spurt continues
Year end 2011 Seasonal adjusted supply ( # monthly rooms ), occ, ADR
7
Europe – nominal year on year growth Year end 2010/2011
YE 2010 Occ ADR RevPAR
Total 64% €97 €63
Eastern 55% €83 €45
Northern 68% €91 €62
Southern 60% €98 €59
Western 65% €110 €72
YE 2011 Occ ADR RevPAR
Total 66% €100 €66
Eastern 58% €85 €49
Northern 71% €92 €65
Southern 63% €101 €63
Western 66% €114 €75
Key European Cities
Jan-Dec 2011, %chg, Occ and ADR (local currency)
Good in gateways Jan-Dec 2011 occupancy
Importance of exchange rates
Jan-Dec 2011 ADR €
The World Regions – are they really our oyster?
Europe – Supply, Supply, Supply Ireland – where do we fit into the picture? Do Dublin & Cork stack up against UK cities? What does the future hold? Q & A
Agenda
Dublin – flat supply, steady demand, revPAR slow
Year end 2011 Seasonally adjusted supply, demand (# monthly rooms), RevPAR
Cork – no new supply, steady demand & revPAR growth
Year end 2011 Seasonally adjusted supply, demand (# monthly rooms), RevPAR
Belfast – spurt in supply, demand creeping back
Year end 2011 Seasonally adjusted supply, demand (# monthly rooms), RevPAR
The World Regions – are they really our oyster?
Europe – Supply, Supply, Supply Ireland – where do we fit into the picture? Do Dublin & Cork stack up against UK cities? What does the future hold? Q & A
Agenda
Selected Irish & UK cities – occupancy on the up
Year end 2011, %chg, Occ and ADR (UK£ & EUR €*)
Selected Irish & UK cities – good occupancy base Jan-Dec 2011 occupancy
Selected Irish & UK cities – ADR struggling to grow Jan-Dec 2011 ADR
The World Regions – are they really our oyster?
Europe – Supply, Supply, Supply Ireland – where do we fit into the picture? Do Dublin & Cork stack up against UK cities? What does the future hold? Q & A
STR Global, Ltd is the exclusive owner of all rights in this presentation and its content. Reproduction of all or a portion of this presentation for any purpose without prior approval of STR Global is strictly prohibited.
