Great Wolf Resorts Reports 2006 Third Quarter Results.
MADISON, Wis., Nov. 6 /PRNewswire-FirstCall/ -- Great Wolf Resorts, Inc. , North America's leading family of indoor waterpark resorts, today reported results for the quarter ended September 30, 2006. Third Quarter 2006 Highlights * Reported Adjusted EBITDA of $13.5 million, total revenues of $40.8 million, Adjusted net...

Room-rate growth sustainable, according to long-term trends.
IN THE details Pricing trends * Room rates are driving RevPAR * Real room-rates are growing * Group rates expected to increase As the industry moves well into the second year of a strong demand recovery, hotels in most...

Occupancy, ADR for all segments fall below previous years' levels.
Beginning in the middle of the first quarter of this year, it became evident the U.S. lodging industry was going to face a difficult 2001. With each successive month, it was clear there had been a demand slowdown, especially among business travelers. Before the events of Sept. 11, industry-wide...

Industry recovery accelerates, but room-rate increases lag.
With the lodging industry finally showing signs of significant operating performance improvement through the first four months of 2004, we are able to turn our attention to the quality and depth of the recovery. Of course, when analyzing the dramatic gains reported in most key industry metrics so far...

Energy efficiency improves hotel bottom line, environment.
While the lodging industry spends an average of $900 per room annually on energy, the range in costs between those properties that are efficient and inefficient is more than 350 percent. Research has shown the age of a hotel and its use of energy efficient technologies do not determine...

Budget segment RevPAR up despite occupancy decline.
My definition of the budget hotel category is a group of hotels that have the lowest price within their market area. At Smith Travel Research, we define this as the 20 percent of properties in every market that offer the lowest priced room accommodations. In this category, we include...

Performance of economy hotels falls behind most other segments.
As the U.S. lodging industry continues to experience one of the most dramatic year-over-year improvements in most of the key performance indicators, the results for economy chain hotels have not been quite as dramatic. For example, we anticipate that revenue per available room growth for the aggregate of all...

Full-service occupancy stays flat due to price-sensitive struggles.
While overall and segment industry performance has been disappointing so far this year, there are some bright spots that bode well for the future. Specifically, the key measures of room-supply and room-demand growth have continued to trend in a positive direction. For all chain scale segments, the room-supply-growth rate...

Industry achieves record levels because of midweek demand.
The lodging industry's bounce back from several years of challenging economic conditions has been well documented. However, much of the analysis has been focused on measuring improvement from the same time of the previous year, which almost always is presented as percent changes. While this certainly presents definable metrics...

Prime's Second Quarter Results Impacted by Slowing Economy.
FAIRFIELD, N.J., July 17 /PRNewswire/ -- Prime Hospitality Corp. (NYSE: PDQ), a leading hotel owner, operator and franchisor, today announced that it is reducing its second quarter earnings estimates due to the continued weakness in the economy which has caused a reduction in business travel. The Company...