Hotel Management

JUNE 29, 2023

CBRE’s market analysis found that boutique properties have outperformed ‘big box’ international hotels on occupancy levels, Average Daily Rate (ADR) and Revenue Per Available Room (RevPar) since the onset of the pandemic in 2020.

Average Daily Rate 246

Average Daily Rate Occupancy Hotels Travel 246

SiteMinder

DECEMBER 6, 2024

The average length of booked stays for the period is set to increase by 6% in the UK, from 1.98 days, while the average booking lead time will increase 10% in Thailand, from 84.67 Four-in-five also intend to seek out experiences on site at their accommodation. days to 93.19 last year to 200.11

Travel 93

Travel Average Daily Rate Revenue Accommodation 93

Hotel Management

JULY 4, 2023

On the accommodation front, Australia hit a record high of 5,945 commercial accommodation establishments (10 or more rooms) in 2022, according to STR – a 3.2% The average room rate and Revenue per available room (RevPAR) both recovered to pre-pandemic levels in 2022. increase on December 2019 – in line with rising demand.

Average Daily Rate 147

Average Daily Rate Revenue Accommodation Occupancy 147

SiteMinder

APRIL 3, 2025

The data, comparing bookings at the same properties across nine markets 30 days before Easter in both 2024 and 2025, reveals not only stronger demand but travellers securing their accommodation earlier and increasingly looking beyond their home countries. more bookings on average, compared to Easter 2024. average increase.

Accommodation 52

Accommodation Average Daily Rate Revenue Travel 52

SiteMinder

MARCH 23, 2025

Despite the influx of international travellers, hotel room rates have generally slightly dipped during the festival period, with the national average dropping 2.3% Only hotels in Koh Samui and Phuket are set to witness an increase in average daily rate (ADR), rising by 38.0% to THB 11,073 and 8.1%

Average Length of Stay 52

Average Length of Stay Average Daily Rate Revenue Accommodation 52

Hotel Management

OCTOBER 24, 2023

Sydney’s hotel market is the top performer nationally with occupancy above 75%, an average daily rate (ADR) above AU$300 and revenue per available room (RevPAR) above AU$200, according to STR and Colliers. billion by end of year.”

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Accommodation 130

Hotel Business

FEBRUARY 22, 2023

Travelers continued to book accommodation through Airbnb. Despite the average daily rate (ADR) of a hotel room rising 24% year-on-year to $177, booking momentum remained robust, with reservation volumes rising to 104% of 2019’s levels globally by Dec. Stays booked to Spain in August were the longest globally, at 2.65

Travel 102

Travel Average Length of Stay Average Daily Rate Cancellation 102

Hotel Speak

JANUARY 25, 2024

With rising inflation across the world, it’s not surprising that the average daily rate has risen, but it didn’t deter reservations in 2023. Increased rates didn’t deter consumers from traveling: Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) saw clear, positive movement.

Average Daily Rate 104

Average Daily Rate Revenue Travel Upsell 104

SiteMinder

JANUARY 30, 2023

The accommodation, with more than 17 years in operation, is one of the most sought-after places worldwide, and has held the title of “World’s First Seven Star Boutique Hotel”. He also added that SiteMinder’s features allowed for improved yield management , which resulted in an increase of average daily rate (ADR) for the property.

Average Daily Rate 98

Average Daily Rate Sales Global Distribution System Management 98

SiteMinder

APRIL 28, 2024

As a reflection of the lucrative Chinese travel market’s spending habits, the average daily rate of those bookings was 10 percentage points higher than the global average. Indeed, SiteMinder’s Changing Traveller Report 2023 found that Chinese travellers were the most price-resilient globally.

Travel 110

Travel Marketing Market Average Daily Rate 110

eZee Absolute

FEBRUARY 4, 2025

As demand surged, the average daily rate (ADR) for hotels increased by 30%, with luxury hotels seeing the highest influx of international visitors seeking premium accommodations. Budget accommodations also filled to capacity, highlighting the broad economic impact of these events.

Occupancy 52

Occupancy Events Average Daily Rate Tourism 52

STAAH

JULY 8, 2024

Accommodation providers can navigate these by leveraging online bookings and digital marketing strategies. Here’s a comprehensive guide to help accommodation providers optimize their efforts and maintain steady occupancy rates during economic downturns.

Digital Marketing 52

Digital Marketing Accommodation Marketing Market 52

SiteMinder

SEPTEMBER 4, 2024

SiteMinder’s data also reveals that, during the festival from 21 September to 6 October 2024, room rates for hotels and other accommodation properties in Munich have reached an average of €416 – 59% higher than the city’s average daily rate of €261 this autumn and, notably, 138% above the city’s average of €175 for the year-to-date.

Average Daily Rate 59

Average Daily Rate Accommodation Revenue Hotels 59

STAAH

APRIL 16, 2024

In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service. An RMS should provide detailed insights into key performance metrics such as Room Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), occupancy rates, booking pace, and revenue forecasts.

Revenue Management 106

Revenue Management Revenue Management Forecasting 106

Hotel Speak

FEBRUARY 11, 2025

Historically, hotel performance has been measured by room-based metrics such as Revenue per Available Room (RevPAR), Average Daily Rate (ADR), and occupancy. With that in mind, it’s an opportune time for hotel operators to reassess their revenue strategies to capitalise on the influx of travellers.

Hospitality 65

Hospitality Average Daily Rate Revenue Services 65

Hotel Management

OCTOBER 3, 2023

While the accommodation market has bounced back faster than expected, the real growth in profitability for the sector after accounting for increased costs, strongly points to the fact that the Average Daily Rates (ADR) growth has not been substantial enough to maintain pace with the escalations in construction pricing.

Scale 130

Scale Construction Average Daily Rate Hotels 130

Boutique Hotel News

APRIL 4, 2023

UK: According to data from RSM Hotels Tracker, hotel room rates have increased by 13 per cent for the year to February 2023, beating the rate of inflation at 10.4 UK hotel occupancy rates were up from 56.1 to £196.26 in London. per cent in January to 64.3 per cent in February, and increased from 57.7 per cent to 63.8

Average Daily Rate 97

Average Daily Rate Consumer Occupancy Hotels 97

SiteMinder

APRIL 16, 2024

The rise – which saw travellers book their stays, on average, 32 days ahead of check-in compared to 19 days in the prior year – is the result of changing booking behaviours among travellers and far surpasses the 20% rise averaged in hotel markets globally. The data was revealed by SiteMinder at the 7th Hospitality Vietnam Conference.

Average Daily Rate 104

Average Daily Rate Revenue Travel Hotels 104

SiteMinder

DECEMBER 17, 2024

High-value guests and corporations will engage companies connected to the GDS to book not only accommodation but sometimes entire travel packages. The GDS is particularly useful for connecting with corporate travel programs and winning business transient bookings.

Global Distribution System 52

Global Distribution System Average Daily Rate Revenue Travel 52

Little Hotelier

AUGUST 12, 2024

Unlike other businesses, many independent accommodation providers have somewhat of a revenue ceiling. A few key hotel efficiency metrics that you should be tracking include: Average daily rate : ADR is the average revenue earned per occupied room per day. Learn more Why is efficiency important in hospitality?

Average Daily Rate 95

Average Daily Rate Revenue Occupancy Operations 95

Cloudbeds

MARCH 21, 2024

The findings suggest hostels are outpacing other accommodations in terms of occupancy rates, while average daily rates (ADR) for private rooms have grown globally. Cloudbeds’ newly launched State of Hostels report reveals 2024 will be the year of chasing demand for hostels.

Average Daily Rate 52

Average Daily Rate Occupancy Accommodation Market Share 52

SiteMinder

MAY 16, 2023

Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. The good news is that they don’t discriminate when it comes to choosing their accommodation.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

SiteMinder

OCTOBER 17, 2024

London, UK: Hotels in cities across the UK are experiencing a significant boost in bookings and average daily rates (ADR) as Kylie Minogue’s 2025 Tension tour approaches, according to new data from SiteMinder, the world’s leading hotel distribution and revenue platform.

Average Length of Stay 59

Average Length of Stay Average Daily Rate Revenue Revenue Management 59

SiteMinder

AUGUST 6, 2024

The average daily rate (ADR) in New York City for the championship’s finals weekend over 6-8 September has risen to $336. This is up from an average of $317 during the tournament period (26 August to 8 September), $290 across the summer, and $281 for the year-to-date.

Average Daily Rate 59

Average Daily Rate Revenue Hotels Accommodation 59

Little Hotelier

OCTOBER 17, 2024

The ‘STAR’ in ‘STAR report’ is an acronym that stands for “Smith Travel Accommodations Report”. Submit hotel data: STR will ask you to provide data on KPIs like occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR). What does STR stand for in hotels? Here’s how to do it.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Marketing 52

SiteMinder

MAY 8, 2024

Bangkok, Thailand – It was a lucrative Songkran festival for Thai hotels as the average cost of a hotel room surged by 33% during the festival period in April. Between April 11-18, the average daily rate in Thailand increased to THB 5,421 (US$148), from THB 4,087 (US$120) in the corresponding period last year.

Average Daily Rate 52

Average Daily Rate Revenue Hotels Forecasting 52

SiteMinder

APRIL 29, 2025

SiteMinders data further reveals that room rates have increased year-on-year in the lead-up to the final at Munichs Allianz Arena, with the average daily rate (ADR) for stays during the period climbing by 10% to 265, from 241 last year.

Average Daily Rate 59

Average Daily Rate Revenue Upsell Hotels 59

SiteMinder

JANUARY 29, 2024

The report, SiteMinder’s Hotel Booking Trends , based on more than 115 million hotel bookings, reveals that international hotel arrivals in 2023 rose by an average of 33% from the prior year. In 90% of countries, the average daily rate was highest on Fridays, while Thursday was higher or equal (on one occasion) to Saturday 55% of the time.

Average Daily Rate 64

Average Daily Rate Travel Revenue Hotels 64

SiteMinder

SEPTEMBER 2, 2024

The average daily rate (ADR) in Mexico for the holiday period has risen 11% to US$260. This is according to new data from the world’s leading distribution and revenue platform, SiteMinder, which analysed hotel bookings between Thursday 12 September and Monday 16 September.

Average Daily Rate 59

Average Daily Rate Revenue Hotels Accommodation 59

SiteMinder

APRIL 18, 2024

London, UK : The average lead time for accommodation bookings has increased 13% year-on-year to 83 days for the coming London Marathon weekend, shows data from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels. year-on-year.

Average Daily Rate 59

Average Daily Rate Revenue Management Accommodation Revenue 59

Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR.

Revenue Management 60

Revenue Management Occupancy Revenue Average Daily Rate 60

SiteMinder

JUNE 6, 2024

A new report by SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, reveals the momentum of global bookings for accommodation in the Northern Hemisphere, as summer commences. The average daily rate (ADR) has increased in 9-out-of-10 countries. nights, compared to 2.25

Average Daily Rate 59

Average Daily Rate Accommodation Revenue Hotels 59

SiteMinder

JUNE 2, 2024

With the surge of arrivals of international fans, the average daily rate for stays during the UEFA Euro season has grown by 11% throughout Germany to €214 – compared to €192 in the previous year.

Average Daily Rate 59

Average Daily Rate Revenue Forecasting Revenue Management 59

SiteMinder

FEBRUARY 13, 2023

Travellers continued to book accommodation through Airbnb. Despite the average daily rate (ADR) of a hotel room rising 24% year-on-year to US$177, booking momentum remained robust, with reservation volumes rising to 104% of 2019’s levels globally by December 31.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

Little Hotelier

AUGUST 29, 2023

Unique B&B Signage Signage is your chance to advertise to passing guests who haven’t yet booked their accommodation for the night. How to evaluate hotel investment It’s tough for small accommodation providers. Dedicating a proportion of your budget towards signs will improve walk-in bookings and give your B&B brand a facelift.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

Hotel Management

JULY 3, 2024

Compared to 2019, Fiji’s Average Daily Rate (ADR) is 71% higher than it was in 2019 at AU$461, according to STR’s Regional Director Matt Burke in his exclusive AHICE outlook, and that is resulting in record results for owners and operators across the nation. Then again, it’s even hotter than you thought.

Tourism 113

Tourism Average Daily Rate Resorts Marketing 113

Xotels

MAY 30, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49