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Inaugural Luxury Hotel Index Shows U SAN DIEGO (MainStreet) Global consumer interest for luxury ncaa 12 hotels has grown 1.5% since the first quarter of 2012, with Russians, the British and Chinese being the fastest growing luxury hospitality consumers, according to a study from the Digital Luxury Group. brands continue to dominate, and the top three most searched luxury hotel brands on the Internet worldwide were Hilton, Ritz Carlton (MAR) and The Four Seasons. These and other findings are part of the first World Luxury Index Hotels, a study prepared by Digital Luxury Group in partnership with the Chair of Luxury Hospitality of Ecole hoteliere de Lausanne. Also see: 5 Relative Strength Plays With Big Volume >> The study, an international ranking and analysis of the most searched for brands within the luxury industry, covers more than 70 hotel brands and was developed from more than 133 million Internet searches conducted by consumers around the world. Developed to provide much needed intelligence to luxury brands and luxury service providers and as measurement of brand interest at the international level, the study includes several notable findings and takeaways, says David Sadigh, founder and CEO of Digital Luxury Group. "The most important one is the growth opportunities, particularly Asian growth I think is an important part of equation," Sadigh says. Sadigh said the relatively stable global luxury market is also an important assurance for luxury brands. "When the market is stable it becomes even more important for hotel chains to discover strategic opportunities for growth. And there are many growth opportunities, ncaa personalized jerseys especially linked to the boom of Asian or Russian travelers," Sadigh says. American luxury hotel chains dominate market demand worldwide 75% of all luxury hotels searched online are American luxury hotel chains. Tigers Blank Blue Stitched NCAA Jersey "I think if you look at the global luxury industry when it comes to cars, jewelry and fashion, usually Europe dominates Chanel, Gucci and so on those are all European companies. But when it comes to hotels, it s a totally different story," Sadigh says. There are several reasons American hotels have achieved such domination of the worldwide luxury market, including their outstanding customer service orientation, Sadigh says. "The domestic market in the United States is also a big market, and a lot of chains began by operating internally and had to compete with one another. There was an increased level of expectation among their guests that they had to meet, which gave them an edge," Sadigh says.

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inc Management Discusses Q1 2013 Results Steven M. Ashley Robert W. Baird Co. Incorporated, Research DivisionGood afternoon. My name is Jamaria, and I will be your conference operator today. [ Instructions] I would now like to turn the conference over to Mr. David Havlek, Head of Investor Relations. Sir, you may begin your conference. The details of our results can be found in a press release issued about an hour ago or in our Form 8 K filed with the SEC. Joining me today, as always, to discuss our first quarter performance, Marc Benioff, Chairman and CEO, as well as Graham Smith, our Chief Financial Officer. In response to your feedback, we ve tried to shorten our prepared comments today, leaving more time for your questions. [ Instructions] During today s discussion, either in our prepared remarks or in response to your questions, we may offer incremental metrics to provide greater insight into the dynamics of our business or our quarterly results. Please be advised that this additional detail maybe one time in nature, and we may or may not provide or update these metrics in the future. In addition, please note that our commentary today will primarily be in non GAAP terms. Reconciliations between GAAP and non GAAP metrics for both our reported results and our forward guidance can be found in our earnings press release. And finally, it s possible that we may reference certain unreleased services or features not yet currently available in our discussion today. Because we can t guarantee the future timing or availability of these services or features, we recommend customers make their purchase decisions based on services and features that are currently available. With that, let me make this call official with a brief Safe Harbor. The primary purpose of today s call is to provide ncaa shop store you with the information regarding our fiscal first quarter 2013 performance. Some of our discussion or responses to your questions may contain forward looking statements. These statements are subject to risks, uncertainties and assumptions. Should any of these risks or uncertainties materialize or should our assumptions prove to be incorrect, actual company results could differ materially from these forward looking statements. All of these risks, uncertainties and assumptions as well as other information on potential factors that could affect our financial results are included in our reports filed with the SEC, including our most recent form on Form 10 K, particularly under the heading Risk Factors. To access our press release, our historical results, any of our SEC filings, the webcast replay of today s call or simply to learn more about salesforce, I encourage you to visit our Investor Relations website. With that, let me go ahead and turn the call over to Marc. Revenue for the first quarter ncaa hockey jerseys cheap was up 38% from a year ago to $695 million. We just couldn t have asked for anything more, and we now have an annual revenue run rate of nearly $2.8 billion. Operating cash flow exceeded $210 million, an increase of more than 50% year over year, and that absolutely is our strongest Q1 cash flow ever, 50% year over Mountaineers 13 Andrew Buie Gold Stitched NCAA Jersey year growth. Deferred revenue more than $1.3 billion, which is up 46% year over year, only better by the dollar value of book business, which now, on and off the balance sheet, now tops $4 billion. That s an increase of more than $400 million from the fourth quarter.

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