Average Daily Rate Construction Occupancy 
Hotel Management
FEBRUARY 27, 2025
Australias hotel sector is on track for a full recovery by the end of 2025, with all major cities recording occupancy growth, according to new CBRE data. National occupancy rates sit at 71%, up 2% year-on-year, while average daily rate (ADR) remains stable at AU$240 and revenue per available room (RevPAR) is up 3.8%
Hotel Management
JUNE 15, 2023
Following this wave of additions, higher debt cost and construction costs are anticipated to suppress the development pipeline, with activity being largely limited to key strategic sites usually having mixed use appeal. In addition, the new wave of supply is anticipated to play a role in driving rate performance over the next two years.
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Hotel Management
JUNE 11, 2024
Crowne Plaza Fiji Nadi Bay will host an AHICE networking event and site tour Wilkinson pointed to Fiji’s tourism boom and growth in average daily rates and occupancy levels at hotels across the country, which have been on the rise since the end of 2021 as Australians, Kiwis and Americans head to the island nation in record numbers. “The
Hotelier Magazine
FEBRUARY 10, 2025
Overall occupancy levels remained flat, increasing by just 0.1 Growth was largely driven by higher Average Daily Rates (ADR), which outpaced inflation. Currently, 10,000 rooms are under construction across the country, with 60 per cent of those expected to open within the year, adding approximately 1.3
Hotel Management
OCTOBER 3, 2023
Market challenges Upward pressure on construction costs There’s no doubting the last few years have been challenging ones for the property sector, which has experienced significant increases in the price of commercial construction since the pandemic.
Hotelier Magazine
FEBRUARY 27, 2025
Canadas hotel industry reported positive performance year-over-year, driven by growth in room rates, according to January data from CoStar. January 2025 (percentage change from 2024) Occupancy: 49.8 per cent) Average Daily Rate (ADR): $180.04 (up 2.7 Among the major markets, Vancouver saw the highest occupancy (60.7
Hotel Speak
OCTOBER 3, 2024
Recovery: A Mixed Bag STR’s latest data highlighted the UK’s global leadership in hotel occupancy, boasting a robust 77%. While occupancy remains impressive, it’s ADR (Average Daily Rate) that’s driving the real growth story here. Robert Shrimsley, Financial Times 2.
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