Hotel Management

MARCH 30, 2023

Choice Hotels Asia- Pac CEO Trent Fraser called it the “standout” performer in a strong year for the business saying it reflects the investment made in marketing during tough times. In 2022, Choice Hotels Australian RevPAR rose 31% on 2019, with average daily rates (ADR) up 10% on the same period.

Average Daily Rate

SiteMinder

JANUARY 30, 2023

He also added that SiteMinder’s features allowed for improved yield management , which resulted in an increase of average daily rate (ADR) for the property.

Average Daily Rate

Hotel Business

FEBRUARY 22, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Average Length of Stay

Hotel Business

AUGUST 14, 2024

For the second quarter of 2024, the Hospitality Group and Business Performance Index from Knowland and Amadeus shows overall health of 105.5% The aggregated index reflects performance or “health” for all segments—group, corporate negotiated, global distribution system (GDS), and events. increase in the average daily rate.

Business

STAAH

APRIL 16, 2024

This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions. An RMS that can sync seamlessly with various channels allows hoteliers to update room rates and availability across all platforms simultaneously, minimizing the risk of overbooking and ensuring maximum exposure to potential guests.

Revenue Management

Amadeus Hospitality

AUGUST 14, 2024

The Index combines event data from the Knowland platform with hotel booking data from Amadeus’ Demand360 ® business intelligence solution to provide aggregate views of the key drivers of hotel performance. percent increase in the average daily rate. percent increase in average daily rate (ADR).

Average Daily Rate

SiteMinder

DECEMBER 20, 2023

What is a hotel business? A hotel business is simply an establishment that offers guests a place to stay. No matter which definition you use, the ultimate goal of all hotel businesses is the same: to attract more guests, fill more rooms, and maximise the value of every booking. Here’s a basic list to get you started.

Business

Amadeus Hospitality

DECEMBER 21, 2023

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. Part of our evolution has stemmed from actions taken in response to our 2023 “Voice of Customer” Business Domain survey results. markets has already recovered by 99.1%

Travel

SiteMinder

FEBRUARY 13, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Average Length of Stay

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. globally next year.

Occupancy

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

Average Daily Rate

SiteMinder

JANUARY 8, 2024

Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Even if you don’t have the luxury of hiring a full team of staff, it’s not impossible to run a successful small hotel business. What is hotel management?

Operations

SiteMinder

JANUARY 8, 2024

Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Even if you don’t have the luxury of hiring a full team of staff, it’s not impossible to run a successful small hotel business. What is hotel management?

Operations

Cloudbeds

OCTOBER 17, 2024

Indirect channels, such as OTAs, metasearch sites, Global Distribution Systems (GDS) such as Amadeus and Sabre, travel agents, tour operators, and wholesalers, are third-party platforms that serve as intermediaries by listing hotel rooms. Instead of trying to outbid large OTAs, focus on finding the right balance.

OTA

Amadeus Hospitality

FEBRUARY 12, 2025

percent year-over-year (YOY), showing the highest overall index rating in four quarters. The Index combines event data from Knowland by Cendyn with hotel booking data from Amadeus Demand360 business intelligence solution to provide aggregate views of the key drivers of hotel performance. percent Houston – 120.6 percent St.

Average Daily Rate

Amadeus Hospitality

APRIL 25, 2025

These findings all point to the importance of a strong distribution mix hotels , mobility and insurance providers should sell content and services on a variety of third-party channels (such as OTAs and global distribution systems) to capture the most bookings possible. Whats expected from the hotel experience?

Travel