Hotel Management

FEBRUARY 27, 2024

Sydney hotels enjoyed a record-breaking weekend, with many reporting occupancy levels of between 90% and 100%, thanks to major events across the city, including four sold-out Taylor Swift concerts. Accommodation Australia CEO Michael Johnson said “the ‘Swift effect’ is undeniable”.

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Tourism Occupancy Accommodation Events 217

eHotelier

MARCH 17, 2024

Today, the inaugural Maximum Occupancy West Coast Conference announced its first speakers. Scheduled for 16 April 2024 at the Crown Perth, the conference will include a cross-section of leaders in the Western Australian accommodation industry, East Coast and abroad.

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Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it. 

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Hotel Management

MAY 25, 2023

Events and attractions draw people into cities and it’s great for our industry. Michael Johnson, CEO of Tourism Accommodation Australia and Interim CEO of Accommodation Association said the festival has evolved greatly over the years to become a “demand driver” for hotels. They do such a fantastic job.”

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SiteMinder

NOVEMBER 22, 2023

What are hotel events? Hotel events transform hotels into hubs of activity and excitement. These events range from elegant corporate conferences to vibrant weddings, each offering a unique atmosphere and a multitude of opportunities. Events are a never-ending marketing opportunity and a major source of tourism.

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Events Revenue Hotels Management 59

eHotelier

MAY 7, 2023

Australia’s accommodation industry conference Maximum Occupancy announced its first line-up of speakers.

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Occupancy Accommodation Digital Marketing Revenue Management 52

eHotelier

DECEMBER 3, 2023

Leading accommodation industry conference, Maximum Occupancy, is heading to Australia’s West Coast in 2024. In conjunction with the Australian Hotels Association (WA), the inaugural two-day conference will be held in Perth on 16-17 April 2024.

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Hotel Management

OCTOBER 10, 2023

Over 550 hotel industry professionals descended on Wellington’s new Takina Convention and Exhibition Centre for the second Aotearoa Hotel Industry Conference and Exhibition, marking a new attendance record for the event. Burke had plenty of positive news to share with occupancy trending back to 2019 levels, while rates are up 25%.

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General Manager Events Occupancy Resorts 249

Hotel Management

APRIL 6, 2023

Woods said the data reflects the concerted efforts by State and Federal Governments, Tourism WA and Tourism Australia to support the tourism, accommodation and hospitality sector rebound. It is critical that we maintain the momentum that has been built.

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Tourism Occupancy Accommodation Events 235

Hotel Management

MAY 2, 2023

The Asia Pacific Hotel Industry Conference and Exhibition (AHICE) has kicked off at the Adelaide Oval this Wednesday morning with more than 1,400 delegates from across the globe expected to attend this week’s events. AHICE Founder, Chair and Convenor, James Wilkinson, said this year’s conference will be “even bigger and better”.

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Little Hotelier

OCTOBER 17, 2023

Nutana Hotel Lombok, in Mataram, is one of the best accommodation options for those on business trips to Indonesia. “Right now the average occupancy has reached 70%, and thankfully, so far we have never encountered any issues related to allotment updates,” he said. Apart from that, Dego also had security concerns.

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Amadeus Hospitality

SEPTEMBER 27, 2023

Originally published to the Amadeus newsroom 2023 global hotel occupancy levels are trending 10% ahead of 2022 with Q4 on-the-books reservations up 11% over last year, according to Amadeus data September 27, 2023 – There is a sense of buoyancy in the global hospitality industry as we head into the fourth quarter of 2023.

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Hotel Management

OCTOBER 9, 2023

Our Queenstown portfolio also offers spectacular Serviced Apartment accommodation and is centrally located just outside of Queenstown itself, with unobstructed views of The Remarkables and Lake Wakatipu. Have large events like the FIFA Women’s World Cup had a positive impact?

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Events Construction Accommodation Tourism 130

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.

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Hotel Management

JULY 25, 2023

Following the success of Maximum Occupancy New Zealand and successful partnerships in the region, BWH Hotels ramps up its focus on emerging growth opportunities in New Zealand. BWH Hotels is expanding its footprint across the ditch with new development, partnerships and brand growth in New Zealand.

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Real Estate Branding Pipeline Occupancy 130

Social Hospitality

AUGUST 9, 2023

The average occupancy rate for U.S. These shifts will improve their occupancy rates. Research social listening tools that can accommodate what you need. Collect data at events Whether you’re hosting parties at your restaurant or conferences at your hotel, you can bring a lot of attention to your business with stand-out events.

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Market Marketing Events Occupancy 130

Hotel Management

MARCH 25, 2024

Intellisoftware will also gain a seat on ARMA’s Skills Council to provide input for ARMA’s nationally recognised and accredited VET qualification in revenue and yield management launching this year.

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eZee Absolute

AUGUST 22, 2023

We’re talking about the MICE industry – an acronym for Meetings, Incentives, Conferences, and Exhibitions/Events. Impact of MICE on The Hospitality Industry In the busy world of hospitality, MICE tourism emerges as a powerful catalyst, reshaping the landscape of hotels and accommodations. Wondering how?

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Hotel Business

NOVEMBER 9, 2023

The winners for 2023 were revealed during an event at Atlantis The Royal in Dubai in October. Unifocus’ early innovations include automating scheduling, accommodating employee preferences for time off, and much more. ” The awards were established to annually celebrate excellence in travel technology.

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Hotel Management

MARCH 30, 2023

Lyf – pronounced ‘life’ – stands for ‘live your freedom’ and is an accommodation concept targeting next-generation travellers including non-traditional corporates such as digital nomads, start-ups, entrepreneurs and creatives. We’re not aiming to be this high-end lifestyle brand.

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Construction Branding Occupancy Business 246

SiteMinder

SEPTEMBER 6, 2023

Often, they are built around particular themes, such as the season, a local event, or a holiday (e.g. Booking promotions serve multiple strategic purposes: Increasing occupancy rates: Promotions can help fill rooms during low-demand periods and help a hotel “piggyback” on subjects that are already front of mind for their audience.

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Hotels Events Upsell Occupancy 105

Boutique Hotel News

APRIL 4, 2023

UK hotel occupancy rates were up from 56.1 Occupancy levels are yet to reach pre-pandemic volumes of 69.6 The data, produced by Hotstats and analysed by RSM UK, shows that average daily rates (ADRs) of occupied rooms have increased from £121.74 (January) to £128.94 (February) in the UK and from £185.43 to £196.26 in London.

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Average Daily Rate Consumer Occupancy Hotels 97

Cloudbeds

AUGUST 21, 2023

While for some hoteliers it’s best to avoid overbookings altogether, for others, a good strategy can increase revenue, improve the occupancy rate and mitigate losses. Overbooking is often one part of a business strategy that can lead to optimal or full occupancy. What is overbooking and how does it happen? See it in action 4.

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Overbooking Cancellation Occupancy OTA 98

Little Hotelier

JULY 10, 2023

It can help you maximise your revenue and control your occupancy, but it’s a delicate balance that relies on managing supply and demand. Hotels and other accommodation providers actively use MLOS policies to take advantage of periods of high demand, especially if they are coming out of a low period. Why do hotels use MLOS?

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Minimum Length of Stay Occupancy Average Length of Stay Revenue 75

Inn Quest

AUGUST 8, 2023

Offering competitive rates during off-peak seasons allows hotels to remain active in the market and attract guests even when other competitors might be struggling to maintain occupancy. During peak seasons like holidays, festivals or local events, the demand for accommodations tends to surge.

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Overbooking Hotels Occupancy Revenue 88

Little Hotelier

MARCH 25, 2024

Once your hotel has an idea of demand, you can make tweaks to your room and service prices that help maximise revenue and occupancy. Outlier factors: How special events and unusual occurrences have historically affected demand (e.g. bad weather, surprise events or event cancellations).

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Hotel Business

FEBRUARY 28, 2023

ADR ($538) and RevPAR ($468) beat forecasts, while occupancy (86.9%) was lower. This year’s big game took place during Phoenix’s normal peak season and coincided with the annual WM Phoenix Open, which is the most attended PGA Tour event on the calendar each year. However, this year generated 5,200 more occupied hotel rooms than 2015.

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Occupancy Forecasting Market Marketing 52

STAAH

FEBRUARY 6, 2024

The hotel overbooking strategy is a revenue management technique that hotels use to maximise occupancy and revenue. Don’t forget to monitor external market sentiments such as cancellation of an event or reduction in connectivity to your destination – these could all result in cancellations. What is a hotel overbooking strategy?

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Overbooking Cancellation Upsell Revenue 89

Little Hotelier

JANUARY 11, 2024

Our accommodations are now professionally run. Integration of Little Hotelier’s channel manager and booking engine help the property control everything in one place For serviced apartments like Long N Joy, using a channel manager is crucial to help the accommodation to distribute rooms for sale on multiple channels.

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Services Accommodation Overbooking OTA 59

Hotel Management

DECEMBER 18, 2023

These apartment-style living accommodations are increasingly attractive to younger generations of travellers who enjoy mixing business trips with leisure pursuits and want to explore destinations while feeling like locals. This can mean lower breakeven occupancy rates, higher operating margins, and ultimately higher return on investment.

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SiteMinder

OCTOBER 15, 2023

For example, in the morning you may have lower rates because your occupancy is low and demand is not strong. Dynamic pricing can be an important strategy for a hotel that’s looking to optimise occupancy and maximise profit. This will allow them to capitalise on opportunities to boost occupancy and/or maximise revenue.

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Occupancy Revenue Hotels Revenue Management 59

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. markets has already recovered by 99.1% markets has already recovered by 99.1%

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Travel Occupancy Average Daily Rate Global Distribution System 97

SiteMinder

DECEMBER 4, 2023

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% Average US occupancy rate is just under 65%.

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Hotelier Magazine

SEPTEMBER 12, 2023

And, while Germain Hotels doesn’t advertise its in-room dining as a 24-hour service, he notes that its full-service hotels, “are always going to try to be sure there’s an option to accommodate guests upon request.” But, demand for the other key dayparts hinges heavily on factors such as the weather and the events taking place on site.

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Little Hotelier

OCTOBER 11, 2023

This is exciting for your business because it presents an opportunity to push the limits of your occupancy and cash-in on increased revenue. hotels should consider a number of local factors, such as the climate, local holidays and events, school terms and target guests. Learn more When is peak travel season for hotels?

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Hotel Management

FEBRUARY 22, 2024

billion people moving around the country – and hotel numbers and occupancy rates were all higher than pre Covid. We’ve created a signature event that has become this focal point in the community. The first big travel movement domestically was the May holiday – 1.3 Line dancing is always huge at the hotel.

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Cloudbeds

DECEMBER 12, 2023

One of the best ways to keep up with the latest trends, innovations, and technology is by attending industry events that connect you with peers, partners, vendors, and more. Why attend hospitality events? During the event, in-person networking will allow you to meet specialized vendors, suppliers, advisors, artists, and creators.

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