Confidence Barometer 2010: Most Hotel Operators Cautiously Optimistic

By Hotel.de Ag, PRNE
Wednesday, January 27, 2010

NUREMBERG, Germany, January 28 - Crisis-hit 2009 is over. The hotel sector felt the full force
of the global economic collapse. However, it seems the worst is behind us,
and confidence is growing in all quarters that 2010 will be a better year.

With this in mind, hotel.info, the free online reservation
service for more than 210,000 hotels worldwide, conducted a survey of the
hotel sector entitled "Confidence Barometer 2010", to ask its partner hotels
in Europe what expectations hotel operators had for the coming year.

Within just 12 hours, more than 2,000 hotels of all types
responded with the following results:

Almost half of hotels (46.08%) are approaching the new year
with cautious optimism, and, according to hotel.info, expect a moderate,
albeit slow, recovery. Nevertheless, 24.44% are more optimistic in their
outlook, and believe they will be doing significantly more business very soon
and will be operating at higher capacity. In contrast, just 6% anticipate a
rise in hotel rates this year. Only 16% of the hotels see no material
improvement in 2010 compared with the fourth quarter of 2009, revealing a
less optimistic viewpoint than their colleagues. Around 7% of hotel operators
admitted to uncertainty and felt unable to provide an assessment.

Overall, however, the hotel.info sector survey revealed a
comparable attitude across Europe. Only Spanish hotel operators, a country
that has been particularly badly hit, have a more reserved view of the
immediate future than their European counterparts. The percentage of hotels
that expect a tangible recovery before long is lower here (15.28%). Indeed, a
considerable majority (55.56%) even believe the recovery will be slower.
Taking into account the number of hotel operators who believe in a recovery
of any sort - be it slow or fast - Italian hoteliers seem to be most positive
(76.59%) about the prospects for 2010. The comparable average figure for
Europe as a whole is 70.52%.

www.hotel.info/homepage.aspx?lng=EN

    Press Contact:
    Ms. Warini Munshi
    hotel.info hotel booking Ltd.
    Longcroft House,
    2-8 Victoria Avenue London,
    EC2M 4NS United Kingdom
    Phone:+44-(0)20-32061430
    Fax: +44-(0)20-80431108
    E-Mail: press@hotel.info
    URL: www.hotel.info

Press Contact: Ms. Warini Munshi, hotel.info hotel booking Ltd., Longcroft House, 2-8 Victoria Avenue London, EC2M 4NS United Kingdom, Phone:+44-(0)20-32061430, Fax: +44-(0)20-80431108, E-Mail: press at hotel.info .

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