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FOR IMMEDIATE RELEASE

Contact:
Lorraine Sileo
+1 860 350-4084 x130
lsileo@phocuswright.com



Jake Fuller to lead PhoCusWright's Financial Research

Sherman, Conn. USA, April 29, 2009—PhoCusWright Inc., the travel industry research authority, announces the addition of Jake Fuller as senior analyst, finance and analytics. Mr. Fuller brings fifteen years of financial expertise in the area of travel and hospitality. He will head the development of The PhoCusWright Research Subscription: Financial Edition, lead related research projects and assist with conference activity associated with travel finance.

"Jake's expertise and visibility will bring a new financial perspective to the PhoCusWright team," says Lorraine Sileo vice president, research at PhoCusWright. "His insight and leadership will be crucial in the launch of our new line of research."

Travel, tourism and hospitality represents the world's largest industry, accounting for 8 percent of worldwide employment, 9 percent of invested capital and 10 percent of global GDP. Leading companies from all sectors of the industry seek clarity, visibility and insight on economic matters affecting global travel. The PhoCusWright Research Subscription: Financial Edition, launching this spring, will be a comprehensive source of financial research and commentary for the travel industry, its investors and stakeholders. "Travel leaders and investors need a single comprehensive source of data and analysis to assist in their decision making," says Mr. Fuller. "When millions of dollars are on the line, it is imperative to cut through the clutter and turn to a source you trust." Articles in this annual subscription will include themes such as investment, M&A activity, margin analysis, budgets, pricing and profitability.

"The development of this research subscription marks a significant expansion of the PhoCusWright brand. I am proud to be a part of a team that leads the way in travel industry research," adds Mr. Fuller.

The Financial Edition will offer a wealth of economic data, benchmarks and analysis for travel and finance professionals to aid in investment decisions, strategy and business development. Subscribers will have the ability to improve forecasts through better visibility, enhance risk management procedures and make informed investment and acquisition decisions.

Jake Fuller, Senior Analyst, Finance and Analytics
Mr. Fuller has over 15 years of experience as an equity analyst in the financial services industry with a focus on travel and hospitality. As senior analyst, finance and analytics, Mr. Fuller will develop The PhoCusWright Research Subscription: Financial Edition and assist with the Money & Travel conference program. Prior to joining PhoCusWright, Jake followed gaming and lodging at Thomas Weisel Partners. Jake has also followed the hospitality sector for Donaldson, Lufkin & Jenrette, Credit Suisse First Boston and Dow Jones. Jake has been a frequent speaker at The PhoCusWright Conference, sharing his unique insight on the economics of travel.


About PhoCusWright Inc.
PhoCusWright is the travel industry research authority on how travelers, suppliers and intermediaries connect. Independent, rigorous and unbiased, PhoCusWright fosters smart strategic planning and tactical decision-making.

PhoCusWright delivers qualitative and quantitative research on the evolving dynamics that influence travel, tourism and hospitality distribution. Our marketplace intelligence is the industry standard for segmentation, sizing, forecasting, trends, analysis and consumer travel planning behavior. Every day around the world, senior executives, marketers, strategists and research professionals from all segments of the industry value chain use PhoCusWright research for competitive advantage.

To complement its primary research in North America, Europe and Asia, PhoCusWright produces several high-profile conferences in the U.S. and Germany, and partners with conferences in the U.K., China and Singapore. Industry leaders and company analysts bring this intelligence to life debating issues, sharing ideas and defining the ever-evolving reality of travel commerce.

The company is headquartered in the United States, with offices in Germany and India.


© 2009 PhoCusWright Inc., Sherman, CT USA +1 860 350-4084 www.phocuswright.com

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