Hotel News Resource

NOVEMBER 22, 2023

Each report includes occupancy (Occ), average daily rate (ADR), and revenue per available room (RevPAR) for six major markets. HVS and STR provide a quarterly report of the Canadian Lodging Outlook.

Average Daily Rate 59

Average Daily Rate Occupancy Revenue Market 59

Hotel News Resource

AUGUST 22, 2023

The rate of growth in occupancy, average daily rate and revenue per available room decelerated considerably in Q2, with room rate fatigue effecting growth in the higher-priced hotel categories.

Average Daily Rate 98

Average Daily Rate Occupancy Hotels Revenue 98

Hotel News Resource

AUGUST 24, 2023

Canada’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to CoStar’s July 2023 data.

Hotels 97

Hotels Average Daily Rate Revenue 97

Hospitality Net

NOVEMBER 14, 2023

Madrid’s hotel average daily rate (ADR) and revenue per available room (RevPAR) reached the highest monthly levels on record, according to October 2023 preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Hotels 75

Hotels Average Daily Rate Real Estate Revenue 75

Hospitality Net

APRIL 12, 2023

Created by SuitePad, Europe’s leading provider of in-room tablets for the hospitality industry and an expert in digital guest communication, the report also reveals that this successful cost management applies only to the Average Daily Rate (ADR) and not to ancillary services.

Hospitality 105

Hospitality Average Daily Rate Hotels Services 105

Hotel News Resource

MAY 15, 2023

Amsterdam’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to preliminary April 2023 data from STR.

Hotels 114

Hotels Average Daily Rate Revenue 114

Hospitality Net

NOVEMBER 14, 2023

Riyadh’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) level on record, according to October 2023 preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Hotels 71

Hotels Average Daily Rate Real Estate Revenue 71

Hospitality Net

NOVEMBER 17, 2023

Strong demand drove occupancy up to 68%, while average daily rate (ADR) climbed further to €137 in 9M23, marking growth of 14.4% As a result, revenue per available room (RevPAR) averaged €93, up 30% from the 9M22 and 9M19 figures of €72 and €73, respectively. NH Hotel Group (NH), part of Minor Hotels, generated €1.61

Hotels 75

Hotels Average Daily Rate Revenue Occupancy 75

Hospitality Net

NOVEMBER 22, 2023

Each report includes occupancy (Occ), average daily rate (ADR), and revenue per available room (RevPAR) for six major markets. HVS and STR are pleased to provide you with the quarterly report of the Canadian Lodging Outlook.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Market 52

eHotelier

NOVEMBER 20, 2023

STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023.

Forecasting 52

Forecasting Average Daily Rate Tourism Hotels 52

Hotel News Resource

JULY 25, 2023

Canada’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to CoStar’s June 2023 data.

Hotels 91

Hotels Average Daily Rate Revenue 91

Hospitality Net

AUGUST 21, 2023

The rate of growth in occupancy, average daily rate and revenue per available room (“RevPAR”) decelerated considerably in Q2, with room rate fatigue effecting growth in the higher-priced hotel categories. to a June low of 4.7%. Q1 RevPAR increased 53.5%

Average Daily Rate 98

Average Daily Rate Occupancy Hotels Revenue 98

Hospitality Net

OCTOBER 11, 2023

Even though room rates remained flat in comparison with 2019 during the first half of the year, Japan posted elevated average daily rate (ADR) of JPY18,507.46 average coming in at 88.3% That level was 126.9% of what was seen in the comparable month of 2019. of the pre-pandemic comparable.

Hotels 92

Hotels Average Daily Rate Occupancy 92

eHotelier

MARCH 21, 2023

Sydney WorldPride 2023 drove the market’s hotel average daily rate (ADR) and revenue per available room (RevPAR) above pre-pandemic levels, while occupancy remained slightly below 2019, according to preliminary data from STR.

Hotels 96

Hotels Average Daily Rate Occupancy Revenue 96

Lodging

MAY 18, 2023

Average daily rate (ADR) […] The post CBRE Raises Hotel Performance Forecast to Reflect Demand and Supply Growth appeared first on LODGING Magazine. CBRE has revised its forecast for 2023 revenue per available room (RevPAR) to $97.89, up 6.0 percent year-over-year, and an increase of $0.43 from its previous forecast.

Forecasting 104

Forecasting Hotels Average Daily Rate Occupancy 104

Hospitality Net

AUGUST 24, 2023

Canada’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to CoStar’s July 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Hotels 74

Hotels Average Daily Rate Real Estate Revenue 74

Hospitality Net

MAY 1, 2023

Gains continue to be driven by average daily rate (ADR) while occupancy trails pre-pandemic comparables in most corners of the world.

Occupancy 95

Occupancy Average Daily Rate Hotels Revenue 95

Hotelier Magazine

NOVEMBER 22, 2023

per cent); Average Daily Rate (ADR) came in at US$156.01 (up four per cent); and Revenue Per Available Room (RevPAR): came in at US$101.13 (up 4.9 hotel performance has increased from the previous week and showed positive year-over-year (YOY) comparisons, according to CoStar’s latest data for the week of November 5 to 11.

Hotels 59

Hotels Average Daily Rate Occupancy Revenue 59

Hospitality Net

AUGUST 4, 2023

The average daily rate (ADR) increased by 2.6% Executive Summary Hotel fundamentals softened in Q2, largely due to a 1.5% year-over-year drop in occupancy. year-over-year, its slowest annual growth since Q1 2021. Revenue per available room (RevPAR) increased by just 1.1% year-over-year, a material slowdown from Q1’s 15.9%

Hotels 98

Hotels Average Daily Rate Occupancy Travel 98

Hotel Business

OCTOBER 18, 2023

Group bookings are calculated using occupancy and average daily rate (ADR.) The third quarter of this year shows the top 25 U.S. markets have recovered 99.1% for group business compared to the same time in 2019, according to the Hospitality Group and Business Performance Index from Knowland and Amadeus.

Revenue 122

Revenue Average Daily Rate Hotels Occupancy 122

Hospitality Net

APRIL 11, 2023

Average daily rate (ADR) of US$158 matched last week’s level and like occupancy, it was the second highest of the year so far. March concluded with an uptick in weekly U.S. hotel occupancy, which reached the second highest level of the year (66.2%), up 2.2 percentage points (ppts) from a year ago, but 1.3

Average Daily Rate 86

Average Daily Rate Occupancy Hotels 86

Hospitality Net

NOVEMBER 9, 2023

The average daily rate (ADR) increased 0.6% year-over-year decrease in Q3 hotel demand and 0.5% increase in supply led to a 1% drop in occupancy. during the quarter, the slowest improvement since the pandemic recovery began 10 quarters ago.

Hotels 45

Hotels Average Daily Rate Occupancy Revenue 45

Hotel News Resource

JUNE 21, 2023

Independent properties score worse across a large number of metrics, including business sentiment, occupancy, as well as average daily rate development.

Average Daily Rate 59

Average Daily Rate Occupancy Hotels Business 59

Hotel News Resource

MAY 15, 2023

Jakarta’s hotel industry posted its highest monthly average daily rate (ADR) since August 2018, according to preliminary April 2023 data from STR.

Hotels 64

Hotels Average Daily Rate 64

eHotelier

SEPTEMBER 7, 2023

Hickory Global Partners, a global corporate travel alliance that serves corporate travel agencies, corporate travel departments and corporations, has announced the most popular cities for domestic and international business travel as of second-quarter 2023 based on member bookings through Hickory’s platform and average daily rate of spend.

Travel 52

Travel Average Daily Rate Business 52

Hospitality Net

AUGUST 11, 2023

The performance was derived from 69% occupancy rate of the overall portfolio in the first six months of 2023, compared with 54% occupancy rate recorded during the same period in the previous year, and an increase of 11% in average daily rate (ADR) from the first half of 2022.

Resorts 72

Resorts Average Daily Rate Hotels Revenue 72

Hospitality Net

APRIL 13, 2023

Helped by an increase in business travel, Bogotá’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary March 2023 data from STR.

Hotels 72

Hotels Average Daily Rate Travel Revenue 72

Hospitality Today

NOVEMBER 5, 2023

Group business is back, business-transient demand is boosting hotel average daily rates and U.S. cities are enjoying their comeback

Average Daily Rate 40

Average Daily Rate Travel Business Hotels 40

Hospitality Net

MAY 15, 2023

Amsterdam’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to preliminary April 2023 data from STR.

Hotels 66

Hotels Average Daily Rate Revenue 66

Hotel News Resource

JULY 14, 2023

Jakarta’s hotel industry recorded its highest average daily rate (ADR) and revenue per available room (RevPAR) levels since October 2018, according to preliminary June 2023 data from STR.

Hotels 52

Hotels Average Daily Rate Revenue 52

Hotel News Resource

AUGUST 11, 2023

Average daily rate (ADR) was upgraded 0.1ppts for 2023 but kept flat for 2024. For 2023, growth in revenue per available room (RevPAR) was lowered by 0.5 percentage points, due to a 0.6ppt downgrade in occupancy growth. For 2024, the RevPAR growth projection was also lowered 0.5ppts on a 0.5ppt downgrade in occupancy.

Average Daily Rate 52

Average Daily Rate Tourism Forecasting Occupancy 52

eHotelier

APRIL 13, 2023

Helped by an increase in business travel, Bogotá’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record according to preliminary March 2023 data from STR.

Hotels 52

Hotels Average Daily Rate Travel Revenue 52

Lodging

MAY 8, 2023

First quarter worldwide RevPAR grew 34 percent year over year, with meaningful gains in both occupancy and average daily rate. Anthony Capuano, president and CEO, said, “We are off to a great start in 2023. International markets were particularly robust, with RevPAR growth of 63 percent.

Average Daily Rate 62

Average Daily Rate Occupancy Travel Market 62

Amadeus Hospitality

OCTOBER 18, 2023

Group bookings are calculated using occupancy and average daily rate (ADR). Each factor is averaged to provide a final index score, ensuring a more accurate overall performance assessment. The third quarter of this year shows the top 25 U.S. markets have recovered 99.1%

Hospitality 59

Hospitality Average Daily Rate Revenue Hotel Sales 59

Mews

MAY 11, 2023

With a comprehensive strategy that ensures profitability, a spa can increase your competitive advantage, improve the guest experience and boost your average daily rate. Have you been wondering how to increase spa revenue in your hotel when there are high operational costs, regular maintenance and extra personnel to consider?

Hotels 52

Hotels Revenue Average Daily Rate Operations 52

eHotelier

FEBRUARY 15, 2023

Bangkok’s hotel industry reported the second-highest monthly average daily rate (ADR) on record in the market, according to preliminary January 2023 data from STR.

Hotels 52

Hotels Average Daily Rate Market Marketing 52

Lodging

JUNE 5, 2023

percent from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5 While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year. The occupancy projection for this year was lowered 0.2

Forecasting 57

Forecasting Hotels Average Daily Rate Tourism 57