Hotel Management

FEBRUARY 8, 2024

2023 was the biggest February hotels have seen in years and Taylor has topped it,” said Accommodation Australia Chief Executive, Michael Johnson. Sydney hotels are already at 84% occupancy for The Eras Tour long weekend, according to Accommodation Australia.

Accommodation 288

Accommodation Occupancy Events Marketing 288

Hotel Management

FEBRUARY 1, 2024

A new lifestyle accommodation venture known as The Leisure Accommodation Collective (LA Co), has launched its first property in Melbourne, following its takeover of The Village hostel portfolio in 2022. The post Lifestyle accommodation venture launches elevated hostel offering appeared first on Hotel Management.

Accommodation 130

Accommodation Occupancy Branding Travel 130

Hotel Management

DECEMBER 10, 2023

Accommodation Australia CEO Michael Johnson said the migration strategy “implements a number of reforms which will improve the system, while recognising more work needs to be done”, pointing to the importance of further consultation on issues such as the chronic labour shortage in regional areas and changes to student visas.

Management 312

Management Accommodation Closing Hotels 312

Hotel Management

MARCH 30, 2023

Marriott International, the preferred accommodation partner for the event, has reported high-level bookings over the next two weeks, with their eleven Melbourne hotels at 100% occupancy on April 1 – an incredible feat for its newly opened hotels, Le Méridien Melbourne and The Ritz-Carlton Melbourne.

Occupancy 130

Occupancy Events General Manager Hotels 130

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”.

Tourism 217

Tourism Occupancy Accommodation Events 217

Hotel Management

JANUARY 8, 2024

As the brand expands to destinations such as Bali, Penang, Sydney and Frankfurt, Ascott has evolved the brand to deliver a “multifaceted hospitality experience” with flexible typologies that range from co-living accommodation and city hotels to full-service resorts. “In

Average Daily Rate 264

Average Daily Rate Accommodation Scale Branding 264

Hotel Management

OCTOBER 10, 2023

Burke had plenty of positive news to share with occupancy trending back to 2019 levels, while rates are up 25%. He revealed that ADR more than occupancy separates the major markets; and luxury still leads in total growth, although midscale is making major strides. View the full collection of images from Day 1 of AHICE Aotearoa.

General Manager 249

General Manager Events Occupancy Resorts 249

Hotel Management

MARCH 26, 2024

In the hotel’s first week, even without a heavy marketing campaign, occupancy was circa 60% with one night over the weekend hitting 80% occupancy due to compression on the CBD, thanks to the hotel’s close proximity, Hunt shared. We’re the largest operator now in the Pacific Islands.

Occupancy 130

Occupancy Hotels Dining General Manager 130

Hotel Management

MARCH 14, 2024

The hotel giant has signed a Memorandum of Understanding (MOU) with developer Sunny Beach Land confirming its intention to operate the proposed Hervey Bay Esplanade Resort. In Marriott’s case, we focus our distribution on our 200 million Marriott Bonvoy loyalty members, who represent 50 per cent of night occupancy at our hotels.

Resorts 264

Resorts Intent Occupancy Accommodation 264

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

Hotel Management

JUNE 20, 2023

Sydney-born Public Hospitality Group is perhaps best known for its thriving network of pubs and bars, which includes the likes of The Norfolk Hotel and Maybe Sammy, but over the last 12 months, the business has been investing heavily in its accommodation offering, giving rise to a growing portfolio of boutique lifestyle hotels. “It

Business 242

Business Hotel Marketing Market Marketing 242

STAAH

MARCH 25, 2025

Todays travelers are more eco-conscious, seeking accommodations that reflect their values. According to a recent Booking.com survey, 56% of travelers now seek accommodations that embrace eco-friendly practices, and nearly 67% value comfort, stylish designs, and innovative amenities that incentivize repeat visits ( Booking.com ).

78

78

Hotel Management

JULY 18, 2024

Real estate experts from Savills have highlighted opportunity for property developers and accommodation operators in Christchurch as visitation and population growth rise.

Real Estate 130

Real Estate Motels Construction Occupancy 130

Hotel Management

SEPTEMBER 26, 2024

Going into FY25, ResortBrokers’ market outlook for Queensland is as strong as ever: it remains one of the best places in Australia to buy an accommodation property or business. Occupancy, RevPAR and ADR are all up on FY23 according to the latest TRA figures for Queensland. This is across the board on a regional level.

Real Estate 130

Real Estate Accommodation Tourism Retail 130

Hotel Management

NOVEMBER 9, 2023

Simpson said some there are now more flexible franchising options available, such as employing an experienced operating team or hotel asset management company to manage the property, and manchise agreements, where a brand management contract can be converted to a franchise agreement once stabilisation has been reached.

Forecasting 264

Forecasting Consumer Management Branding 264

Hotel Management

AUGUST 3, 2023

The Ascott Limited has launched a refresh of its flagship namesake brand, Ascott, that showcases its flex-hybrid accommodation concept. By being responsive to shifts in demand, Ascott can quickly pivot its operations to suit the needs of the market and optimise occupancy to drive revenue growth,” he said.

Branding 234

Branding Services Hotels Business 234

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. Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer.

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Hotels 130

Hotel Speak

MARCH 8, 2024

Yet it’s not just rising food costs causing challenges to hotel operators. Data from CoStar showed that the total operating expenses per available room in the U.S. Amid market challenges like high consumer goods and labor costs, hotel operators must stay nimble and implement strategies to safeguard their profitability.

Operations 103

Operations Hotels Consumer Events 103

Cloudbeds

FEBRUARY 14, 2025

However, as the market grew and evolved, this model started to show its limitations: Overreliance on historical data Traditional comp sets were rarely updated and relied heavily on historical data, such as past pricing, occupancy rates, and guest reviews. As McKinsey highlights , in the old days of traveling, destination came first.

Hotels 94

Hotels Revenue Management Occupancy OTA 94

Hotel Business

NOVEMBER 18, 2022

If the hospitality industry has learned anything in the past few years, it’s that we need to operate efficiently and creatively to succeed in the future. What does the future hold for hotel operations? Still, the good news is there are ways to optimize data and make operations more efficient, while also enhancing experiences.

Operations 98

Operations Hospitality Occupancy Business 98

Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? So what is it, Occupancy or Average Room Rate (ARR)? In a formula it is expressed as follows: Occupancy x ADR = RevPAR In the end, it is not about occupancy or ADR, average daily rate, but about how much money is made by the hotel. Which is it?

Revenue Management 61

Revenue Management Occupancy Revenue Average Daily Rate 61

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.

Construction 246

Construction Branding Occupancy Business 246

Hotel Speak

MAY 20, 2025

occupancy growth. occupancy growth this year. One of the big areas that we’ve seen a massive rise in the industry is the tour operator space, said Claire Steiner, UK Director of Global Travel and Tourism Partnership. Alcock says itll be the operators with a differentiated product that will do well.

69

69

Little Hotelier

JULY 18, 2024

Hotel tax, also known as occupancy tax, lodging tax or bed tax, is a tax that US authorities impose on the rental of hotel rooms and other forms of short-term accommodation. Is hotel occupancy tax state or local? Hawaii has a statewide ‘transient accommodations tax’ that currently sits at 10.25%. What is hotel tax?

Occupancy 52

Occupancy Accommodation OTA Hotels 52

Hotel Management

SEPTEMBER 24, 2024

AHICE Group President James Wilkinson said the conference will focus on building positive growth in the sector, from improving occupancy and ADR to driving food and beverage revenue. The post AHICE Aotearoa draws top hotel executives to Christchurch appeared first on Hotel Management.

Events 147

Events Hotels Target Marketing Accommodation 147

Hotel Management

OCTOBER 3, 2024

Owners are responding to the growing need for properties that cater to both business and leisure travellers to accommodate the popular “Bleisure” trend. Hybrid spaces that can host large conferences and provide exceptional leisure experiences are on the rise, allowing owners to maximize occupancy and rates throughout the week.

Events 130

Events Construction Occupancy Accommodation 130

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. Personalized Services: Use data to personalize guest experiences.

Digital Marketing 52

Digital Marketing Accommodation Market Marketing 52

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.

Occupancy 112

Occupancy Hospitality Revenue Business 112

SiteMinder

NOVEMBER 24, 2024

A hotel franchise is a business model where an independent hotel owner operates under the brand and management system of an established hotel chain. In exchange for fees, the franchisor provides access to brand recognition, marketing resources, reservation systems, and operational support. What is the purpose of hotel franchising?

Hotels 52

Hotels Motels Branding Operations 52

Little Hotelier

AUGUST 12, 2024

Efficient hotels use systems and procedures to streamline operations. Unlike other businesses, many independent accommodation providers have somewhat of a revenue ceiling. That’s where hotel operational efficiency comes in. Maximising ADR helps a hotel increase revenue without needing to increase occupancy.

Average Daily Rate 95

Average Daily Rate Revenue Occupancy Operations 95

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. The global hospitality giant has been concentrating on fostering relationships with New Zealand owned and operated brands to gain local insights into the region.

Real Estate 130

Real Estate Branding Pipeline Occupancy 130

Hotel Management

OCTOBER 3, 2023

The Veriu Group is making its mark in Australia’s apartment hotel landscape with over 3,000 rooms operating across 21 sites and a further 17 sites in development across both the Veriu Hotels and Suites and Punthill Apartment Hotels brands.

Scale 130

Scale Construction Average Daily Rate Hotels 130

STAAH

DECEMBER 18, 2023

8 Essential reasons to Optimize your Hotel’s Booking Engine A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. It plays a key role in the overall success of a hotel’s operations. It involves identifying target markets, setting sales goals, and creating a plan to achieve those goals.

Hospitality 98

Hospitality Occupancy Target Marketing Hotel Sales 98

SiteMinder

JUNE 6, 2024

With rising costs, evolving guest behaviours and the varying types of accommodation businesses that have emerged, revenue management now means different things to different properties. I define revenue management as a way for accommodation properties to earn more,” says De Ponga.

Revenue Management 98

Revenue Management Revenue Management Accommodation 98

Little Hotelier

JANUARY 19, 2025

Think of it as the “sticker price” for your accommodation, typically displayed on your website or communicated to guests who book directly. Bar rate : Best available rate (BAR) is often lower than the rack rate and fluctuates based on demand, season, and occupancy. This is operating costs, fixed costs, and variable costs.

Rack Rate 52

Rack Rate OTA Revenue Hotels 52

Boutique Hotel News

MARCH 24, 2023

Boutique hotel groupings averaged 58 to 65 per cent occupancy in 2022. This is compared to all US hotels at 63 per cent occupancy. Whilst occupancy levels have not fully returned to 2019 levels, strong rate increases compared to the previous year have enabled most class groups to achieve RevPAR recovery.

Occupancy 98

Occupancy Hotels Market Share Revenue 98

Little Hotelier

JANUARY 14, 2024

Located only 150 metres from Mushroom Bay Beach in Lembongan, Castaway Boutique Resort is an accommodation that offers invaluable comfort and privacy. Operating since 2014, the resort provides a number of complementary facilities such as television, air conditioning, outdoor swimming pool and free Wi-Fi access throughout.

Occupancy 52

Occupancy Resorts Operations Management 52