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At Three Years Old, Lodgingresearch.com Gets Faster, Easier to Use, PricewaterhouseCoopers Reports.


NEW YORK--(BUSINESS WIRE)--June 7, 1999--

Firm Invests in Site's New Look, Speedier Processes

Lodgingresearch.com, the comprehensive internet-based resource for lodging industry data and information, has been richly enhanced in celebration of its third birthday, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 PricewaterhouseCoopers, owner of the site. The changes include a new look, easier navigation and shopping features-plus a global scope to reflect the expanded worldwide presence of PricewaterhouseCoopers hospitality and leisure unit. Currently, Lodgingresearch.com hosts an average of 1,100 customers per day.

The site has a total of 8,000 clients.

"Consider this Version 3.0 of Lodgingresearch.com," says Dexter Wood, New York-based founder of Lodgingresearch.com, and director of internet projects for the PricewaterhouseCoopers global hospitality and leisure unit. "Users will find the site's content more logically organized and easier to purchase as part of these sweeping enhancements."

Based on user profiles from three years of successful operations, Lodgingresearch.com's content is now accessible via three main click-on buttons: Global Markets, Company Profiles, and Industry Trends.

Global Markets:

For Over 100 U.S. cities, this area of the sites offers Sales Comps, an exclusive database of lodging industry real estate sales and Development Outlook, a comprehensive database of hotel construction data provided by the Lodging Econometrics econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research.  research division of National Hotel Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
. Another feature is Demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. , which gives detailed information about the income distribution and employment for each city. Ultimately, this area of the site will house reports generated by the worldwide PricewaterhouseCoopers-Smith Travel Research Alliance. These reports will cover lodging markets in seven global regions outside North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. .

Company Profiles:

This area of the site offers Securities and Exchange Commission filings and corporate news and information for all publicly traded U.S. lodging companies. Users can find the companies' current trading prices Trading price

The price at which a security is currently selling.
 as well as the previous day's market action. Select information is also available with regard to private lodging companies.

Industry Trends:

This area of the site houses the peerless lodging industry research, special reports and publications generated by the PricewaterhouseCoopers hospitality and leisure research team under New York-based senior analyst Cristina Ampil. Among works available here are PricewaterhouseCoopers Hospitality Directions, the renowned research journal of the PricewaterhouseCoopers hospitality and leisure group.

Another new feature of the site are the virtual shopping Virtual shopping is a form of e-commerce giving the ability for individuals to shop remotely via a computer network connection, normally on the Internet using the World Wide Web.  carts, provided to each Lodgingresearch.com customer to help collect data and information for purchase. Time consuming downloading of data and information has been eliminated. All materials purchased from Lodgingresearch.com using a credit card will be emailed to customers immediately, Mr. Wood says.

"We are extremely pleased with the convenience of this `express checkout' feature," Mr. Wood notes.

Additionally, all PricewaterhouseCoopers hospitality and leisure news releases will be available on the day of issuance and thereafter by clicking on a special Press Releases button located on the opening screen, Mr. Wood says.

Note to Editors: The name PricewaterhouseCoopers is one word, with upper case P, uppercase C and all other letters in lower case.

With a worldwide network of 6000 professionals, PricewaterhouseCoopers' Financial Advisory Services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 ("FAS") practice provides creative solutions and ideas that increase value to clients during critical periods and when they are making important decisions that define their future. The FAS business is organized along five product lines. The Business Recovery Services, Dispute Analysis & Investigations, and Corporate Value Consulting product lines are the largest in the world. The Project Finance & Privatization privatization: see nationalization.
privatization

Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned
 product line rated second in Privatisation Noun 1. privatisation - changing something from state to private ownership or control
denationalisation, denationalization, privatization

social control - control exerted (actively or passively) by group action
 International's global league table by number of privatization financial advisory assignments and second in Project Finance International's global ranking by number of project finance advisory mandates. The Mergers & Acquisitions product line was second in the world in number of deals completed, according to Securities Data Company. PricewaterhouseCoopers structured 415 deals valued at $18.8 billion in 1998 alone, according to IFR IFR
abbr.
instrument flight rules
 Securities Data.

PricewaterhouseCoopers (www.pwcglobal.com) is the world's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  organization. Drawing on the knowledge and skills of 155,000 people in 150 countries, we help our clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance. PricewaterhouseCoopers refers to the US firm of PricewaterhouseCoopers LLP LLP - Lower Layer Protocol  and other members of the worldwide PricewaterhouseCoopers organization.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 7, 1999
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