Archive for May, 2009

Hotel Development Costs 2009. Guidelines for New Hotel Projects in Central and Eastern Europe

Monday, May 25th, 2009

This new report by KPMG provides an overview of the CEE tourism market, as well as offering insights into the costs, timeframes, challenges and financing issues of hotel developments in the CEE region. The following are its main conclusions:

1.   The average development costs per hotel room range from €51,000 for a budget/economy hotel to €143,000 [...]

IFO World Economic Climate Brightens

Friday, May 22nd, 2009

The IFO in collaboration with the International Chamber of Commerce (ICC), Paris, have just published the of the 2nd quarter results of the 2009 IFO World Economic Survey (WES). The IFO World Economic Climate Indicator rose for the first time since autumn 2007. The rise in the indicator was the result of more favorable expectations [...]

Advertising for Attention in a Consumer Search Model

Thursday, May 21st, 2009

Advertising is an important part of economic activity. This paper by M.A. Haan and J.L. Moraga-González proposes a model in which the main role for the ads of a firm is to compete for the attention of consumers. The authors believe that this model provides a suitable framework to understand the effects of search costs [...]

Fostering the Growth of Business Angels in Spain

Wednesday, May 20th, 2009

The Ministry of Industry, Tourism and Trade (Spain), in collaboration with ESBAN (Spanish Network of Business Angels) and Garrigues law firm, has just published the “Proposal of Fiscal Measures for Encouraging the Development of Business Angels in Spain” (Propuesta de medidas fiscales de fomento de la figura de los Business Angels en España).
For more information [...]

HiT Barcelona Submits Innovative Projects in Telecommunications, Energy, Health and Science

Wednesday, May 20th, 2009

HiT Barcelona is a global gathering of the world’s leading innovators, experts and investors in three key industry sectors – the Telecoms, Cleantech and Healthcare.
At the event, innovative projects developed by companies from around the world will be presented to potential high-profile buyers or investors such as Google, Siemens, Philips and Visa. Meanwhile, gurus such [...]

ECB survey: Eurozone Recession Twice as Bad as Thought

Tuesday, May 19th, 2009

According to the survey of forecasting experts published by the European Central Bank, the eurozone economy will contract twice as much as previously expected this year. The projections showed that output is likely to shrink by 3.4 percent in 2009, compared to the 1.7 percent forecast in February.
The ECB surveyed 52 forecasting experts from around [...]

Global Economic Crisis: Implications for Trade and Development

Monday, May 18th, 2009

The UNCTAD’s Trade and Development Commission experts review the effects of global economic turmoil on trade in their latest report, Global Economic Crisis: Implications for Trade and Development. The crisis has triggered a slowdown in global economic growth that is manifesting itself in a demand-driven fall in international trade, among other things. UNCTAD estimates that [...]

Innovation and Market Drivers in Bakery and Cereals

Monday, May 18th, 2009

The global bakery and cereals market is predicted to grow in value by 31 percent from 2000 to 2010. The well-established European bakery and cereals industry is mature and characterized by a high degree of penetration and consolidation. Although it offers limited scope for growth, manufacturers have overcome this challenge with strategic innovations. The emerging [...]

The leadership code : five rules to lead by by Dave Ulrich, Norm Smallwood, Kate Sweetman. ISBN: 9781422119013

Monday, May 18th, 2009

Synopsis
“It’s a question that has been tackled by many, many business thinkers. In fact, there are literally tens of thousands of leadership studies, theories, frameworks, models, and recommended best practices. But where are the clear, simple answers we need for our daily work lives? Are there any?” “Dave Ulrich, Norm Smallwood, and Kate Sweetman set [...]

What’s Ahead for the Metals Industry in 2009? The Metals Industry’s Response to the Economic Downturn

Friday, May 15th, 2009

Has the market finally hit bottom for the metals industry? Or are we still in a downturn that will continue to strip demand and prolong financial stress for manufacturers and suppliers? This report by KPMG tries to find answers to these questions as well as analyzing key issues in areas such as customer demand, cost [...]