1. Economic Indicator Study of Hospitality Purchasers
Prepared for:
The International Society of Hospitality Purchasers
May 15, 2009 5

2. PROPERTY SEGMENTS
% Values 6

3. HOTEL PROJECTS IN THE USA/INTERNATIONAL
% Values 7

4. CURRENT HOTEL PROJECTS
% Values 8

5. FREIGHT COSTS & DESTINATIONS
% Values 9

6. PRODUCT ORIGINS
% Values 10

7. GREEN PROJECTS
% Values 11

8. OVERALL VENDOR LEAD TIMES
% Values 12

9. INCREASE IN LEAD TIMES – CATEGORY SPECIFIC
% Values 13

10. VENDOR DEPOSITS
% Values 14

11. PROJECT SCHEDULES
% Values 15

12. CURRENT BUDGETS YEAR-TO-YEAR
% Values 16

13. PRODUCT REPLACEMENT CYCLES
% Values 17

14. BUSINESS GROWTH – CHANGE IN NUMBER OF PROJECTS
Past 12
Months
Next 12
% Values Up
Same
Down Up
Same
Down Up
Same
Down Up
Same
Down 18

15. SUMMARY
Over 43% of the work is in the now mid-scale segments, with a sharp drop in upper upscale.
Mostly located in the Northeast and Southeast.
A growing ‘Green’ involvement in the project.
Sharply declining product lead time costs & budgets.
A growing trend toward Asian sourcing makes up almost 2/3 of all volume.
And 3/4 of the ISHP members think business will be down in 2010. 19