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Hospitality industry faces uncharted territory
Rising operational costs coupled with inflation may lead the Tourism, Hospitality & Leisure industry into uncharted territory but Deloitte offers in-depth analysis of challenges, opportunities and trends to help guide businesses through the year ahead. Read more.
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| Global TMT companies treading water when it comes to security and privacy |
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January 7, 2008 |
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Amstelveen, Netherlands, January 7, 2008 – Technology, Media & Telecommunications (TMT) businesses must increase their security efforts and investments according to the 2007 TMT global security survey, "Treading Water," from Deloitte Touche Tohmatsu (DTT). The survey indicates that when it comes to security and privacy, the majority of TMT companies find themselves "treading water." Despite increased security investments, many are just managing to keep pace with the growing threats. In order to get in front of the problem, TMT businesses must increase... |
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| U.K. hotel industry achieves growth of 6.9 percent in 2007 |
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January 3, 2008 |
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2007 was a good year for the U.K. hotel industry with double-digit growth in revenue per available room (revPAR) in the capital and a healthy increase across the regions. Latest results from the HotelBenchmark™ Survey by Deloitte¹ show that during 2007 revPAR in London increased by 10.8 percent. Against this, the performance of the regional U.K. market was more muted at 4.4 percent, but this was still an increase in revenue and marks the fourth year of consecutive growth. London’s 10.8 percent growth in revPAR came on top of growth of 16.8 percent in 2006. Average revPAR has increased from £99 to £110, to reach its highest level since... |
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| Record growth for Asia Pacific tech companies reported in Deloitte Technology Fast 500 2007 ranking |
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December 5, 2007 |
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Hong Kong, December 6, 2007 – The Asia Pacific technology sector is buoyant with the fastest growing companies experiencing the highest levels of growth to date. Asia Pacific CEOs also reported record levels of confidence in business conditions, which they expect to continue for another two years, according to Deloitte’s Technology Fast 500 Asia Pacific ranking and its survey of the winning companies' CEOs. The average revenue growth rate across all 500 fastest-growing technology companies in Asia Pacific reached 540 percent over the past three years, the highest point since the rankings were launched in 2002. Four Mainland Chinese... |
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| European VC investors think globally, invest locally according to new survey |
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December 3, 2007 |
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London, December 4, 2007 – European venture capitalists (VCs) focus more on other European countries over Asia or the Americas, according to the 2007 Global Venture Capital (VC) Survey, sponsored by Deloitte Touche Tohmatsu (DTT) and the European Private Equity and Venture Capital Association in Europe (EVCA). The study compared the views of investors from Europe, Asia and North America, and found that a flow of higher quality deals and lower additional risk keep European investments close to home. The survey reveals that 51... |
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| Deloitte global chairman becomes IBLF trustee |
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November 27, 2007 |
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London, November 27, 2007 – John Connolly, chairman of Deloitte Touche Tohmatsu and Deloitte UK's chief executive and senior partner, has become a trustee of the International Business Leaders Forum (IBLF). The International Business Leaders Forum Board of Trustees is comprised of senior private and public sector leaders who advise IBLF on achieving its mission to promote responsible business leadership and partnerships for sustainable development. Commenting on the appointment, Adrian Hodges, managing director for IBLF said: "Deloitte is a long standing supporter of IBLF... |
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| Fastest growing high-tech firms identified by 2007 Deloitte Technology Fast 500 EMEA ranking |
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November 26, 2007 |
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London, November 27, 2007 – Deloitte announced the full list of EMEA’s 500 fastest-growing technology companies during the 2007 Deloitte Technology Fast 500 EMEA awards on November 26. Deloitte also released the 2007 Technology Fast 500 EMEA CEO Survey & Ranking—a comprehensive analysis of the business trends and background statistics of the winning companies and a summary of the key concerns... |
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| Deloitte Survey finds key differences in M&A outlook, decision-making and timing among strategic acquirers |
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November 14, 2007 |
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New York, November 14, 2007 — “Strategic Acquisitions Amid Business Uncertainty: Charting a Course for Your Company’s M&A,” a new report by Deloitte Research based on a survey conducted by the Economist Intelligence Unit (EIU), warns that some companies may be overlooking four potentially troublesome issues when evaluating their M&A options in building value for their investors. “The deal environment has changed in recent months,” said Jerry Leamon, global managing partner, Merger & Acquisition Services, Deloitte Touche Tohmatsu. “But companies still need to make decisions about acquisitions and divestitures based on market... |
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| Winning in China’s automotive industry requires a bold strategy |
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October 29, 2007 |
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Shanghai, October, 29, 2007 — Winning big in China does not need to be a make or break proposition. According to a new Deloitte Touche Tohmatsu (DTT) Manufacturing Industry Group report written by Deloitte Research, "Managing strategic risk in China’s unpredictable automotive market: The saga of Tian River Motors," achieving profitable growth in the world’s second largest automotive market does require dramatic new strategic responses. Applying the principles of Deloitte Consulting LLP’s Michael E. Raynor’s thought provoking book, The Strategy Paradox, the DTT Manufacturing Industry Group unveils an innovative approach that companies... |
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| Deloitte announces record financial performance worldwide |
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October 16, 2007 |
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Cape Town, October 16, 2007 – Deloitte Touche Tohmatsu ("Deloitte") today reported that aggregate member firm revenues increased by a record 15.5 percent in U.S. dollars and 12.6 percent in local currencies, to US$23.1 billion for the fiscal year ended 31 May 2007. This marks Deloitte's fifth consecutive year of member firm double-digit revenue growth from continuing operations. Every service line and every geographic region delivered double-digit growth. Deloitte's revenues were reported in the Deloitte Touche Tohmatsu Worldwide Member Firms 2007 Review, Milestones on the Journey, which was released today in Cape Town, South... |
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| Deloitte named a leader in security consulting services by independent research firm |
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October 8, 2007 |
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New York, October 8, 2007 – Deloitte is named a market leader in a new report on the security consulting services marketplace by the globally respected independent researcher, Forrester Research. Forrester concluded that Deloitte member firms established themselves as leaders in the security consulting services market thanks to their "breadth of current offerings and focus on future growth areas." The Forrester report titled, The Forrester Wave™: Security Consulting Services, Q3 2007 (September 2007), evaluates the relative capabilities and service offerings of leading global providers of security consulting... |
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