Bleak forecasts from leading hotelier
London, December 2008
The hotel industry will not recover until the Olympics in 2012, according to Supranational Hotels managing director Niels Pedersen. The outspoken hotelier believes many hoteliers in Europe and Scandinavia are still in denial about just how bad their business is about to become. In order to give hoteliers a ‘wake-up call’, he has put forward a list of ‘worst case scenario’ predictions. More >>
Looking ahead to 2009 - predictions for a recessionary year
November 2008
International hotelier Niels Pedersen is offering a dozen predictions for 2009 for the hospitality sector as the basis for action now to offset the difficult recessionary year ahead.More >>
Supranational call for hotel-travel industry ‘goodwill campaign’ in 2009
October 2008
A campaign of ‘intense goodwill' between the hotel and travel trade sectors is being called for in 2009 as the essential basis for tackling an inevitable downturn in demand. Lifelong international hotelier, Niels Pedersen, managing director of the 1250-member Supranational Hotels consortium, believes that the answer to the economic crisis lies in ‘courtesy, co-operation and community spirit'. More >>
Downturn creates 'less is more' opportunities for hotels and travel agents August 2008
A new consumer mindset centred on deeper values will transform the tourism marketplace and create lasting opportunities for hotels and the travel trade. More >>
‘Long hard fight ahead' for hospitality sector - warns hotels chief July 2008
A bleak economic outlook for much of the hospitality sector - involving cuts in jobs, standards, services and new projects - is being predicted by a leading hotelier. More >>
Europe- and Scandinavia-wide hotel industry ‘adjustment' - major consequences March 2008
Supranational Hotels managing director Niels Pedersen is predicting far-reaching consequences for the tourism sector as a Europe- and Scandinavia-wide downward re-adjustment in demand begins to bite. More >>
2008 forecast/trends in the hotel industry: ‘expect price-cutting' and ‘panic selling' January 2008
A leading hotel reservations brand is forecasting a period of ‘price-cutting' and ‘panic selling' of bedrooms in the tourism industry starting within a matter of months.More >>