Remove Accommodation Remove Average Length of Stay Remove Revenue
article thumbnail

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

Hotel Management

The tour, which recently made history as the highest-grossing rock tour of all time, is the first rock tour to surpass US$1 billion in revenue, and second only to Taylor Swift’s The Eras Tour. On average, guests booked their stays 192.5 to A$481.20. days in advance, a 33.47% increase from last year’s 144.2 days in 2023 to 1.69

Occupancy 162
article thumbnail

SiteMinder: Easter demand climbs 16.8% globally

Hotel Business

The data, comparing bookings at the same properties across nine markets 30 days before Easter in both 2024 and 2025, reveals stronger demand and travelers securing their accommodation earlier and increasingly looking beyond their home countries. with the average length of stay falling to 2.24 in 2025, compared to 87.21

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Songkran grows in international appeal, fuelling surge in hotel bookings: SiteMinder

SiteMinder

The figure represents a 15 percentage point increase from actual check-ins during the same period last year, reports SiteMinder, the worlds leading hotel distribution and revenue platform. Additionally, stays at Thailands hotels during Songkran week have extended by 7.3% year-on-year from 2.41 nights to 2.59 nights to 3.80

article thumbnail

SiteMinder: Traveler confidence surges post-pandemic

Hotel Business

In 2022, analysis from SiteMinder’s Hotel Booking Trends showed: Travelers globally booked hotel stays considerably further in advance than in 2021, with hotels seeing a 38% increase in average booking lead time, year-on-year. Stays booked to Spain in August were the longest globally, at 2.65

Travel 102
article thumbnail

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.

article thumbnail

Kylie fever hits UK hotels as bookings and ADR surge ahead of 2025 Tension tour: SiteMinder

SiteMinder

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. The average length of stay has reduced by over 10% to 1.33

article thumbnail

Hotel investment: What is a good hotel ROI?

Little Hotelier

Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. Unique B&B Signage Signage is your chance to advertise to passing guests who haven’t yet booked their accommodation for the night. Income: Forecasted and other expected revenue.

ROI 98