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CBRE predicts 2025 will be a ‘pivotal year’ for growth and investment in Australia’s hotel sector

Hotel Management

Following a surge in international arrivals and steady domestic demand last year, CBREs latest Hotels Australia Overview and Outlook report shows that the pace of growth will continue at a moderate rate in 2025. Looking ahead, there are 5,700 rooms under construction and set to open within the next two years.

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Colliers Releases its INNvestment Canada Hotel Report Q4 2024

Hotelier Magazine

Record hotel performance despite moderating growth Revenue Per Available Room (RevPAR) reached a record high in 2024, though growth slowed to four per cent year-over-year, following increases of 18 per cent in 2023 and 91 per cent in 2022. Growth was largely driven by higher Average Daily Rates (ADR), which outpaced inflation.

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Hylite Launches with Great Wolf Lodge Nationwide to Bring Real-Time Employee Recognition to Over 13,000 Employees

Hospitality Tech

Since adopting eviivo, Frenchospitality has achieved significant results: Reduced Technology Costs: Tech spending has been cut by 75%, dropping from 4% of annual revenue to just over 1%. 📉 Downtime equals lost revenue and trust —a weak incident response plan can amplify damage.

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Hotel Business Plan

Xotels

However, as a seasoned hotel revenue management consulting and hotel management company , we have seen that this is where most entrepreneurs get stuck. Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. Revenue management : What pricing and yield techniques will you use?

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Marriott reports swift China rebound

Hotel Management

“Within customer segments, group once again performed extremely well, with revenue rising 10% above 2022,” Capuano said of the US and Canada. Marriott International CEO, Anthony Capuano “Business transient revenue also saw strong year-over-year growth, driven by solid average daily rate growth.

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Hotel revenue management strategies and solutions

SiteMinder

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management? Revenue management is essential for any hotel today.

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5 Key Themes From The Annual Hospitality Conference 2024

Hotel Speak

While occupancy remains impressive, it’s ADR (Average Daily Rate) that’s driving the real growth story here. One key issue, as Paul Finch of Agilysys pointed out, is achieving a “single view of the guest” – truly understanding their needs and preferences for maximising revenue.