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The Economic Ascent of the Hotel Business [Hardcover]

Paul Slattery

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Book Description

July 2009
'The Economic Ascent of the Hotel Business' is about the hotel business and the economic contexts in which it has evolved. Slattery presents an understanding of the structural development of the economies in which hotels operate and which provide the potential for hotel demand and supply to grow. He draws on contemporary data and events to chart the historic development of economies and of the hotel business to illustrate patterns in this fundamental relationship. He also focuses on the economic conditions that produced hotel chains and provides a more comprehensive basis on which future developments in hotel demand, supply and performance can be understood.

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"For someone as devoted to the business as me, it is fascinating." Sir David Michels, formerly Chief Executive, The Hilton Group "Invaluable for analysts and corporate financiers forecasting the hotel business." Simon M. Johnson, investment banker, UBS "This will be a classic." Michael Olsen, Professor Emeritus, Department of Hospitality and Tourism Management, Pamplin College of Business, Virginia Tech, USA For someone as devoted to the business as me, it is fascinating. -- Sir David Michels, formerly Chief Executive, The Hilton Group

About the Author

Paul Slattery is a director of Otus & Co, a company that provides and corporate finance services and strategic advice to the hospitality, travel and transport businesses. Otus operates the world's most sophisticated hotel chain database with analytical tools that project the structural development of the economies, hotel demand and hotel supply, hotel portfolio management and the effectiveness of hotel brand infrastructure. Otus advises most of the significant international hotel chains, online travel agencies as well as equity and debt providers about investment in hospitality and travel. Paul worked for Dresdner Kleinwort for 15 years until 2002 in both equity research, where he was head of hospitality research and in investment banking where he built the bank's franchise in the hospitality arena and advised companies such as Compass Group, Scandic Hotels, Thompson Travel Group and Whitbread. Prior to that he worked at the University of Huddersfield in the UK where he led the BA(hons) Hotel and Catering Administration and was responsible for management research at The Hotel and Catering Research Centre. Early in his career, Paul worked for several international hospitality companies. Paul writes regularly for academic and industry publications, is a fellow of the Institute of Hospitality and is past Chairman of The International Hotel Investment Council.

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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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