The 150 members of Hoteldirektorenvereinigung Deutschland e.V. (HDV) assess the economic situation much more optimistically than in the fourth quarter of 2003. 72 per cent claim that the economy is excellent to satisfactory (in October 2003: 53 per cent). Six per cent consider the situation poor (October 2003: 18 per cent). 94 per cent expect an economic boom no later than in the first half of 2005. www.hdvnet.de