The Preston Robert Tisch Center

NYU TISCH CENTER PODCAST BRIEFING:
 

The U.S. Economic Recovery: Chain Scale Segments, Top 25 Markets, Demand Segments and Profits (March 2010)

As of February 2010, the U.S. has been in a 26-month-long recession. The lodging hospitality industry has experienced record RevPAR decline and the lowest hotel occupancy rate in 38 years.

This new 30-minute audio briefing by the faculty of the NYU Tisch Center is the most comprehensive presentation to date on the impact of the recession on the U.S. lodging industry. It includes timely data about historical patterns of recovery from past U.S. recessions, the current outlook for recovery in specific chain scale and demand segments, and forecasts about revenues and profits. As well, the briefing summarizes long-term effects and implications for the hospitality industry.

This is the fourth in a series of audio briefings by the NYU Tisch Center faculty about the recession since fall 2008. These have become highly anticipated, “must listen to” presentations—the two prior briefings were downloaded by more than 2,500 lodging industry executives.

• NOTE:Along with the audio presented below is a set of slides from the presentation, and the faculty encourage listeners to download it for more detailed analysis and study.

*This briefing was recorded on Monday, February 22, 2010. Any adjustments made by referenced firms after this date are not reflected in the analysis.

Available Downloads:

• PDF of presentation
• Podcast audio: (MP3) or (ZIP)
• ZIP file including MP3 audio file and PDF of presentation

To download podcast files: Right-click (Mac users: Cmd+click) , and choose “Save as...”

For more information, please contact tisch.center@nyu.edu, or call (212) 998-9100.

PODCAST AGENDA

Welcome and Introduction

Steven M. Lambert Director, Administration and Industry Relations M.A. in Higher Education Administration, New York University

Briefing and Analysis of the current U.S. economic situation and its effects on the lodging industry

Bjorn Hanson Clinical Associate Professor Hospitality and Tourism Management Ph.D. in Food and Nutrition, New York University

RELATED MATERIALS

Podcasts:

• Economics of Baseball: Major League Baseball’s Necessary Evil: The New York Yankees (March 2009)
• The U.S. Economy and the Stock Market and its Effect on the Lodging Industry (January 2009)
• The Emergency Economic Stabilization Act of 2008 and its Effect on the Lodging Industry (November 2008)

  Reports:

• Trend Report on Forecast of 2009 U.S. Lodging Industry Capital Expenditures
• Trend Report on Forecast of 2009 Hospitality Fees and Surcharges