Macao has just released several million forms of visitor statistics in Excel for April 2009. Ok, so maybe it's several dozen, but let's just say it's a lot, shall we?
For the excel tables, contact Ruth.
Tuesday, May 26, 2009
Ski areas see revenue increase
from today's National Sporting Goods Assn newsletter (5/26):
Ski Areas Report Increased Revenues for the 2007/08 Season
"With increased revenues in all major sales areas, the U.S. ski area financial results for the 2007/08 season improved over a strong 2006/07 season. According to the 2007/08 Economic Analysis of U.S. Ski Areas produced for the National Ski Areas Association (NSAA), overall average resort revenue grew 11.4% to $26.0 million per resort.
Life tickets remain the primary driver of ski area revenue. The average resort reported life ticket sales of $12.1 million in revenue in 2007/08, up 11.3% nationally. The average proportion of total revenue derived from lift ticket sales was 46.5% industry-wide, flat from the previous year."...
for complete news, contact Ruth
Ski Areas Report Increased Revenues for the 2007/08 Season
"With increased revenues in all major sales areas, the U.S. ski area financial results for the 2007/08 season improved over a strong 2006/07 season. According to the 2007/08 Economic Analysis of U.S. Ski Areas produced for the National Ski Areas Association (NSAA), overall average resort revenue grew 11.4% to $26.0 million per resort.
Life tickets remain the primary driver of ski area revenue. The average resort reported life ticket sales of $12.1 million in revenue in 2007/08, up 11.3% nationally. The average proportion of total revenue derived from lift ticket sales was 46.5% industry-wide, flat from the previous year."...
for complete news, contact Ruth
Hotels hosting concerts
from today's Atlanta Journal Constitution (5/26):
Hotels to host concerts, with guests the goal
By Leon Stafford
The Atlanta Journal-Constitution
Tuesday, May 26, 2009
"Sometimes everything old is new again in the hotel business.
Hotels, which were the social gathering places in decades past with big dances and glitzy, Hollywood-style receptions, are attempting to resurrect those good times by bringing in music acts — some known, others on the cusp of stardom — to draw big crowds." ...
"The W Hotel Midtown, the Four Seasons Atlanta, Hotel Palomar and other lodgers have gotten into the game as metro Atlantans begin to look for entertainment options this summer. The concerts are usually free or have a nominal fee." ...
for the complete story
Hotels to host concerts, with guests the goal
By Leon Stafford
The Atlanta Journal-Constitution
Tuesday, May 26, 2009
"Sometimes everything old is new again in the hotel business.
Hotels, which were the social gathering places in decades past with big dances and glitzy, Hollywood-style receptions, are attempting to resurrect those good times by bringing in music acts — some known, others on the cusp of stardom — to draw big crowds." ...
"The W Hotel Midtown, the Four Seasons Atlanta, Hotel Palomar and other lodgers have gotten into the game as metro Atlantans begin to look for entertainment options this summer. The concerts are usually free or have a nominal fee." ...
for the complete story
Middle East needs hotels
from Gulf News (5/25):
Hotel occupancy to bounce back
05/25/2009 06:24 PM | By Nadia Saleem, Staff Reporter
"Dubai: Though the Gulf region is seeing a total of 306 new hotels under construction at a value of over $140 billion (Dh514 billion), more will be needed by 2013 to satisfy the expected demand, a study says.
Proleads, a research house for the leisure industry yesterday revealed a report at The Hotel Show, a hospitality services trade show that stated occupancy rates will return to previous levels by 2010, followed by significant growth by 2013." ...
for the complete story
For information on the Proleads report and how to order it
Hotel occupancy to bounce back
05/25/2009 06:24 PM | By Nadia Saleem, Staff Reporter
"Dubai: Though the Gulf region is seeing a total of 306 new hotels under construction at a value of over $140 billion (Dh514 billion), more will be needed by 2013 to satisfy the expected demand, a study says.
Proleads, a research house for the leisure industry yesterday revealed a report at The Hotel Show, a hospitality services trade show that stated occupancy rates will return to previous levels by 2010, followed by significant growth by 2013." ...
for the complete story
For information on the Proleads report and how to order it
San Diego military contracts boom
from today's San Diego Business Journal (5/26):
Military Readies Building Offensive
By BRAD GRAVES - 5/25/2009
"Just as a weaver twists multiple strands of nylon together to make a rope, the U.S. government has twisted several military construction initiatives together to form something with a good deal of economic pull.
February’s economic stimulus package contains 80 military construction projects — many of them local — worth $1 billion. “We have a very aggressive timetable to get this stuff awarded,” said Capt. Steve Wirsching." ...
"The Navy captain said this month that he hopes to put 62 projects in the hands of builders by Sept. 30 — the end of the federal fiscal year." ...
"The command is on track to award $1.7 billion worth of work in the 2009 fiscal year. In 2010, Wirsching said his command may award $3.1 billion worth of contracts — a far cry from the $350 million to $500 million in contracts it would award in a slower year." ...
for the complete story
Military Readies Building Offensive
By BRAD GRAVES - 5/25/2009
"Just as a weaver twists multiple strands of nylon together to make a rope, the U.S. government has twisted several military construction initiatives together to form something with a good deal of economic pull.
February’s economic stimulus package contains 80 military construction projects — many of them local — worth $1 billion. “We have a very aggressive timetable to get this stuff awarded,” said Capt. Steve Wirsching." ...
"The Navy captain said this month that he hopes to put 62 projects in the hands of builders by Sept. 30 — the end of the federal fiscal year." ...
"The command is on track to award $1.7 billion worth of work in the 2009 fiscal year. In 2010, Wirsching said his command may award $3.1 billion worth of contracts — a far cry from the $350 million to $500 million in contracts it would award in a slower year." ...
for the complete story
Thursday, May 21, 2009
NY museums struggling
From the Democrat and Chronicle (NY) (5/5):
Area museums struggle to balance budgets as attendance rises
Stuart Low
"Museums enjoy the reputation of timeless temples of art. But throughout western New York, hard times are eroding these venerable institutions' most precious assets: their budgets.
The long recession has brought layoffs, salary cuts and hiring freezes to Monroe County museums. In Buffalo, the influential Albright-Knox Art Gallery saw a 24-percent drop in revenues from July 1, 2008 to April 24, 2009. It will close for the week of May 18 to 24." ...
for the complete story
Area museums struggle to balance budgets as attendance rises
Stuart Low
"Museums enjoy the reputation of timeless temples of art. But throughout western New York, hard times are eroding these venerable institutions' most precious assets: their budgets.
The long recession has brought layoffs, salary cuts and hiring freezes to Monroe County museums. In Buffalo, the influential Albright-Knox Art Gallery saw a 24-percent drop in revenues from July 1, 2008 to April 24, 2009. It will close for the week of May 18 to 24." ...
for the complete story
Indy 500 frugality hitting local hotels
from the Indianapolis Star (5/21):
Some hotels struggle to fill up for Indy 500 weekend
Higher-end hotels struggle to fill up for the city's biggest tourism event
By Melissa Tussing
"Call it the frugal fan 500.
Ticket sales for Sunday's Indianapolis 500 are holding steady, but race fans and sponsors appear to be cutting corners this year, opting for cheaper choices that could put a pinch not only on local hotels but on the economic impact of the city's most significant tourism event." ...
for the complete story
Some hotels struggle to fill up for Indy 500 weekend
Higher-end hotels struggle to fill up for the city's biggest tourism event
By Melissa Tussing
"Call it the frugal fan 500.
Ticket sales for Sunday's Indianapolis 500 are holding steady, but race fans and sponsors appear to be cutting corners this year, opting for cheaper choices that could put a pinch not only on local hotels but on the economic impact of the city's most significant tourism event." ...
for the complete story
Canadian Human Rights Museum budget shortfall
from CBC News (5/20):
Human Rights Museum dealing with $5.2M operating shortfall
Last Updated: Wednesday, May 20, 2009 | 2:54 PM CT
CBC News
"The Canadian Museum for Human Rights, not set to open until 2012, is already running a deficit.
The latest corporate report for the museum, currently under construction in Winnipeg, indicates a $5.2-million shortfall in its operating budget." ...
for the complete story
Human Rights Museum dealing with $5.2M operating shortfall
Last Updated: Wednesday, May 20, 2009 | 2:54 PM CT
CBC News
"The Canadian Museum for Human Rights, not set to open until 2012, is already running a deficit.
The latest corporate report for the museum, currently under construction in Winnipeg, indicates a $5.2-million shortfall in its operating budget." ...
for the complete story
Thursday, May 14, 2009
CA too taxing on golf?
from this morning's San Diego Business Journal (5/13):
State Shouldn’t Tax Golf Games, Association Warns
By Mike Allen - 5/13/2009
San Diego Business Journal Staff
Time to yell fore!
"May 13 was National Golf Day, according to a release from an organization called the California Alliance for Golf." ...
"... the industry is responsible for creating 160,000 jobs in the state, either directly or through the hospitality, retail and landscape industries, CAG says.
Also, golf put $6.9 billion into the state’s economy in 2006, mainly through tourism, property taxes, income taxes and taxes on golf merchandise.
CAG thinks the sport and industry have been sufficiently taxed, and wants to squash an effort in Sacramento to impose a sales tax for playing at golf courses." ...
for the complete story
State Shouldn’t Tax Golf Games, Association Warns
By Mike Allen - 5/13/2009
San Diego Business Journal Staff
Time to yell fore!
"May 13 was National Golf Day, according to a release from an organization called the California Alliance for Golf." ...
"... the industry is responsible for creating 160,000 jobs in the state, either directly or through the hospitality, retail and landscape industries, CAG says.
Also, golf put $6.9 billion into the state’s economy in 2006, mainly through tourism, property taxes, income taxes and taxes on golf merchandise.
CAG thinks the sport and industry have been sufficiently taxed, and wants to squash an effort in Sacramento to impose a sales tax for playing at golf courses." ...
for the complete story
Tuesday, May 5, 2009
Nonprofits and the economy
We have the new report out from Guidestar on the impact of the economy on nonprofits. Photo forthcoming.
Live Nation sells three properties
from today's Los Angeles Business Journal (5/5):
Posted date: 5/5/2009
Live Nation to Sell Three Theaters
By DEBORAH CROWE
Los Angeles Business Journal Staff
"Concert promoter Live Nation Inc. said Tuesday it plans to pay down debt by selling three well-known Boston theaters, including the Boston Opera House, for about $22.5 million.
Live Nation, which hopes to merge with competitor Ticketmaster later this year, said it would take a non-cash impairment charge of about $7.7 million in the first quarter to account for the difference between the sales price and the carrying value on the company's balance sheet." ...
for the complete story
Posted date: 5/5/2009
Live Nation to Sell Three Theaters
By DEBORAH CROWE
Los Angeles Business Journal Staff
"Concert promoter Live Nation Inc. said Tuesday it plans to pay down debt by selling three well-known Boston theaters, including the Boston Opera House, for about $22.5 million.
Live Nation, which hopes to merge with competitor Ticketmaster later this year, said it would take a non-cash impairment charge of about $7.7 million in the first quarter to account for the difference between the sales price and the carrying value on the company's balance sheet." ...
for the complete story
U.S. manufacturing and employment up
from the Royal Bank of Canada Daily Economic Update enews (5/5):
"U.S. ISM non-manufacturing stays above 40 for the fifth consecutive month
The ISM manufacturing index followed the manufacturing index’s trend upward, rising to 43.7, putting it at its highest level since October of last year. At 47, the new orders component forged its strongest print since the intensification of the credit crisis in September 2008. Employment posted more muted gains, increasing to 37 from the prior month’s 32.3." ...
for
U.S. supporting data
for Canadian data
"U.S. ISM non-manufacturing stays above 40 for the fifth consecutive month
The ISM manufacturing index followed the manufacturing index’s trend upward, rising to 43.7, putting it at its highest level since October of last year. At 47, the new orders component forged its strongest print since the intensification of the credit crisis in September 2008. Employment posted more muted gains, increasing to 37 from the prior month’s 32.3." ...
for
U.S. supporting data
for Canadian data
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