MSU-CIBER has recently collaborated with The School of Hospitality Business to develop the Lodging Market Potential Index (L-MPI©), a systematic and formal analysis to identify aggregate market potential and ranking for major lodging markets in the United States. This index identifies market areas that show long term potential for hotel investment. It will enable hotel developers and investors to conduct a relative comparison of the 25 largest lodging markets along several dimensions. Examples of the 10 dimensions are economic stability, size of economic base, growth in tourism trends, and hotel market performance.

San Francisco ranked number one in the summer 2011 L-MPI with a score of 100. Factors that contributed to its strong showing were the city’s overall economic stability, strong performance of the market consumer power strong market performance, and strong hotel market performance. New York City shifted its rank to second place in the overall index, compared to the summer of 2010, while Oahu Island, Denver, and Boston rounded out the top five markets. The analysis also found improving trends in Minneapolis and St. Louis, which seem to be part of the general growth in the Midwest.
The full, interactive Lodging Market Potential Index is available online at http://globaledge.msu.edu/resourcedesk/lmpi/. The authors also plan to create a Global Lodging Market Potential Index.

Global Business Club of Mid-Michigan: Global Business Club September Luncheon

Speaker: Peter Walters, Chairman of the Board, Guardian Industries

Join us as we welcome back to Michigan State Peter Walters, friend and former board member of MSU-CIBER

The Global Business Club of Mid-Michigan focuses on global issues of interest to the mid-Michigan business community. The monthly GB Club luncheons provide outstanding speakers and relaxed networking opportunities. With extensive international experience, the speakers wrap personal insights around a practical and up-to-the-minute approach to conducting international trade.

Global Business Club of Mid-Michigan: Why Singapore? Why Southeast Asia? Why Now?

Speaker: The Honorable David I. Adelman

Ambassador Adelman and his colleagues will be addressing the state of Michigan about the benefits of strengthening our economic relationship with southeast Asia and the National Export Initiative (NEI)

The Global Business Club of Mid-Michigan focuses on global issues of interest to the mid-Michigan business community. The monthly GB Club luncheons provide outstanding speakers and relaxed networking opportunities. With extensive international experience, the speakers wrap personal insights around a practical and up-to-the-minute approach to conducting international trade.