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Gustav Weibull Business Intelligence & Research Manager

Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

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Page 1: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

Gustav WeibullBusiness Intelligence & Research Manager

Page 2: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

PBC VISITATION

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Source: TNS TravelsAmerica*DPBC Estimate, 2014 preliminary, 2015 forecasted

Page 3: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

PBC VISITATION

Source: Estimates are extrapolated from aggregate card usage data provided by VisaVue® Travel for 2013 and incorporate data from other independent research sources, such as TNS TravelsAmerica.

Top Domestic Markets(Percent of Domestic Visitation)

Top International Markets(Percent of International Visitation)

40% from Florida

33% from Super 8

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Page 4: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

PBC Hotel PerformanceO

ccup

ancy

ADR/RevPAR

4

Source: STR

Page 5: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

PBC Hotel PerformanceO

ccup

ancy

ADR/RevPAR

5

2014 PBC Hotel by Region

Source: STR

Page 6: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

PBC Hotel Performance

Occupancy

ADR/RevPAR

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2014 PBC Hotel by Location

Source: STR

Page 7: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

PBC Hotel PerformancePBC Occupancy (Group vs. Transient) ADR (Group vs. Transient)

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PBC ADR 2013 - $1462014 - $156

Source: STR

Page 8: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

Confirmed Hotel Pipeline Rooms Completion Date

Roger Dean Courtyard - Abacoa 128 Opened June 2014

Wyndham Harbourside - Jupiter 180 Opened Oct. 2014

Total Opened 2014 +308

Fairfield Inn Delray 95 Q1 - 2015

Holiday Inn Express Lantana 62 Q1 - 2015

Residence Inn Quadrille 170 Q1 – 2015

Marriott TownePlace Suites 108 Q4 – 2015

Hilton Convention Center Hotel 400 Q1 – 2016

Hyatt Place Boca Raton 200 Q3 – 2016

Total +1,035

Rooms Beyond 2016 (in Planning) +1,400

PBC Hotel Supply

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PBC Hotel Rooms

Source: STR, DTPB Business Intelligence

Page 9: Jan 23, 2015 HSMAI Tri-County Panel: Discover The Palm Beaches

PBC Room Demand

9

(+4%)

(+3%)

Source of Data – STR; DTPB forecast based on STR, PKF and other data and research conducted by the DTPB Business Intelligence Department