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‘Call it magic’: Coldplay fans drive hot demand for hotel rooms in Auckland, Sydney and Melbourne

Hotel Management

Accor occupancy up across all three cities At October 30, Australia’s largest hotel operator, Accor, reports an 18% lift in occupancy levels (10.7 ‘Speed of sound’: fans book accommodation early SiteMinder’s data also shows that fans are booking further in advance to secure their preferred accommodation. to A$481.20.

Occupancy 162
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How SiteMinder and Blueground unlock extended-stay revenue for hotels

SiteMinder

Extended stays are transforming the way that travellers and travel companies view the hospitality landscape. With remote work here to stay for many, corporate relocations surging, and travellers seeking more flexible accommodation arrangements, demand for stays lasting 30+ days is growing.

Revenue 52
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HB on the Scene: Michael Bluhm, Mit Shah offer investment insights at NYU Forum

Hotel Business

. “If you can buy things between seven- and eight-cap and create operating leverage, you can turn that into a ten. It’s an operating model that’s very different. It’s not extended-stay,” he said. “The average length of stay at a Residence Inn is 3.4 operators,” he said.

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SiteMinder: Traveler confidence surges post-pandemic

Hotel Business

Travelers incrementally increased their hotel stays, with the average length of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Travelers continued to book accommodation through Airbnb.

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Why properties should consider midterm bookings this summer

SiteMinder

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.

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Hotel investment: What is a good hotel ROI?

Little Hotelier

Top strategies to increase hotel ROI Increasing knowledge and making smart investments is crucial for B&B operators. 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.

ROI 98
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SiteMinder’s Hotel Booking Trends: New analysis of 100 million reservations shows surge in global traveller confidence for 2023

SiteMinder

Travellers incrementally increased their hotel stays, with the average length of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Travellers continued to book accommodation through Airbnb.