Hotel News Resource - Ernst & Young Hotel Industry News

Hospitality market fundamentals look set to continue the recovery which started in 2011 in spite of continuing uncertainty and the prospect of further upheaval in the global and regional economies according to Ernst & Young’s latest Global Hospitality Insights report published today.

Accelerated divestitures give companies a way to realize value from an underperforming investment or business within a compressed timeframe. Although financially sound companies have more time than those in distress to employ the best practices advisable for any sale, they must take care to negotiate the trade-offs between speed and valu

If what's keeping you up at night is the attempt to value either your company's current holdings of complex securities or those held by a potential acquisition target, you're not alone. Complex securities have become a fixture of corporate balance sheets, featured prominently in a range of situations from acquisitions to executive compensation packages. Companies need to understand what these securities are, their values and what drives them

Today's volatile economic environment continues to change the way CDOs operate. Deal preparation has intensified and valuation protocols are being scrutinized. Innovation around deal structuring or financing has become essential.

Widespread anxiety around credit and liquidity continues to put a damper on transaction activity.

Hotel owners and management companies are accelerating efforts to fortify cash positions in a bid to survive the current downturn and to strategically position their businesses for mid-term and long-term growth, according to a survey by Ernst & Young LLP.

In this year's report, our hospitality professionals review the performance of lodging segments in major metropolitan markets throughout the US. The report also highlights which global developments and trends of the past year are likely to shape the industry in 2009 and beyond.

Global hotel markets are expected to continue to feel pressure from contracting economies and reduced leisure and business travel across much of the world in 2009. However, despite declines across most major regions of the world in 2008, operating performance in the global hotel industry remained profitable as hoteliers focused on controlling costs and preserving the bottom line, according to a report released by Ernst & Young LLP.

Widespread anxiety around credit and liquidity continues to put a damper on transaction activity.

In today's economy, companies are facing heightened supply chain risk. A recent Ernst & Young LLP poll found that 67% of executives say their companies would experience adverse effects from the failure of any one of their top three suppliers.