eZee Absolute

FEBRUARY 4, 2025

This event not only marked Coldplay’s debut in India but also set a new record for the most stadium concerts by a band in the 21st century. The surge in hotel bookings during these high-profile events highlights how live concerts act as powerful economic drivers for cities. Many hotels were fully booked months in advance.

Occupancy 52

Occupancy Events Average Daily Rate Tourism 52

Hotelogix

NOVEMBER 7, 2024

A loyalty program can encourage guests to keep coming back, which boosts your occupancy rate. Read also: Guide on Customer Retention in Hotel Industry Encourage Group Bookings: Offer discounts or packages for weddings, business events, or group travel bookings. Average Daily Rate (ADR): What's the average price per room per night?

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

Hotelogix

NOVEMBER 28, 2024

Now that your targeting strategy is in place, let's explore how to measure the success of your segmentation efforts.

Hotel Marketing 40

Hotel Marketing Market Marketing ROI 40

Amadeus Hospitality

JUNE 23, 2025

We discovered that 63% of global travelers are willing to pay significant sums for attributes on top of their standard average daily rates. This, in turn, gives the front of house, cleaning, support, and events staff time to focus on the guest.

Services 52

Services Average Daily Rate Retail Travel 52

Cloudbeds

JANUARY 22, 2025

Calculating EBITDAR: Step-by-step Lets take the example of a hotel that last year generated total revenue (from rooms, F&B, events, and other ancillary sources) of $4,500,000. F&B or events), tap into new market segments such as corporate or family groups, and implement upselling/cross-selling. Here are some tips to do that: 1.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

SiteMinder

DECEMBER 17, 2024

On top of this is the incentive of meetings and events being booked at your hotel, since this is a large part of the corporate travel market, and becoming a preferred hotel for this type of business will lead to financial stability. Its also a good way to improve your hotels overall reputation.

Global Distribution System 52

Global Distribution System Average Daily Rate Revenue Travel 52

STAAH

APRIL 29, 2025

Smart channel managers like STAAH let you align promotions with local events, seasonal demand shifts, or booking windows without manually updating each OTA. Promotions often lead to better OTA visibility use this tool strategically to lift occupancy when you need it most. And timing matters.

Revenue 84

Revenue Management OTA Average Daily Rate 84

Hospitality Tech

JUNE 12, 2025

Through a seamless data exchange from Cloudbeds to STR, users will be able to track trends in occupancy, average daily rate (ADR), revenue per available room (RevPAR), and other essential metrics directly within their STR dashboard, facilitating data-driven decision-making.

Operations 52

Operations Services Scale Hospitality 52

SiteMinder

DECEMBER 6, 2024

The average length of booked stays for the period is set to increase by 6% in the UK, from 1.98 days, while the average booking lead time will increase 10% in Thailand, from 84.67 days to 93.19 last year to 200.11 Among those most on the move that week will be British travellers.

Travel 93

Travel Average Daily Rate Revenue Accommodation 93

eHotelier

JUNE 17, 2025

Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Adam Harris, CEO of Cloudbeds, added: “This collaboration with STR is a game-changer for the hospitality industry.

Average Daily Rate 52

Average Daily Rate Revenue Management Revenue Operations 52

Skift Blog

MARCH 25, 2025

Skift Take: The ongoing live tourism boom provides compelling opportunities for hotels to maximize revenue by boosting average daily rates, extending stays, increasing guest volumes, and building long-term growth and loyalty. Robin Gilbert-Jones Read the Complete Story On Skift

Average Daily Rate 261

Average Daily Rate Tourism Events Business 261

Lodging

OCTOBER 19, 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 percent for group business compared to the same time in 2019.

Average Daily Rate 299

Average Daily Rate Business Hospitality Occupancy 299

Hotel Management

JUNE 11, 2024

Fiji Deputy Prime Minister and Minister for Tourism and Civil Aviation, the Honorable Viliame Gavoka, will be among the keynote speakers at this year’s event, with Tourism Fiji CEO Brent Hill leading a presentation on the Fiji Tourism Industry Outlook. Register for the 2024 event now. View the 2024 program here.

Average Daily Rate 260

Average Daily Rate Tourism Events Resorts 260

Lodging

JANUARY 26, 2024

Group bookings are calculated using occupancy and average daily rate (ADR). The fourth quarter of 2023 demonstrated that group business in 10 of the top U.S. markets has recovered 110 percent compared to the same time in 2019.

Average Daily Rate 182

Average Daily Rate Business Occupancy Events 182

Lodging

JANUARY 23, 2024

For 2024, growth in average daily rate (ADR) was raised by 0.1 For 2025, growth projections for each of the key performance metrics were downgraded due to the long-term, average trends beginning to […] The post STR, TE Adjust First U.S. hotel forecast of 2024 at the Americas Lodging Investment Summit (ALIS).

Forecasting 182

Forecasting Average Daily Rate Occupancy Tourism 182

SiteMinder

JULY 25, 2022

Average daily rate (ADR) remains an important metric to talk about within the hotel industry. ADR, which stands for average daily rate, is the average income per occupied room your hotel makes in a set period of time. Naturally occurring events such as the weather. Table of contents.

Average Daily Rate 52

Average Daily Rate Upsell Occupancy Revenue 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 147

Forecasting Average Daily Rate Occupancy Tourism 147

Hotel Management

JUNE 18, 2024

We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. Since reopening, Fiji’s tourism sector has seen record volumes of visitor arrivals, in particular from our key source markets of Australia, NZ, North America and China.

Tourism 264

Tourism Average Daily Rate Market Marketing 264

Hotel Management

APRIL 22, 2024

Adelaide hotels are reaping the benefit of a number of large-scale events across the city in 2024, according to recent data from CoStar. The AFL Gather Round returned to Adelaide for a second year, from April 4-7, and while year over year occupancy dripped slightly by 1.2%, average daily rate (ADR) jumped 15% to AU$372.77.

Occupancy 130

Occupancy Average Daily Rate Events Scale 130

Hotel Business

OCTOBER 18, 2023

Group bookings are calculated using occupancy and average daily rate (ADR.) The index combines event data from Knowland with hotel booking data from Amadeus to give both individual and aggregate views of the key drivers of hotel performance and is updated on a quarterly basis. Events achieved 89.1% of 2019 levels.

Revenue 122

Revenue Average Daily Rate Events Business 122

Hotel Management

AUGUST 15, 2024

AHICE is the Asia-Pacific region’s premier series of hotel industry events, held in seven locations across the Asia-Pacific, including Australia, New Zealand, Singapore, Hawaii, Fiji, the Maldives and now, Japan. We are excited to welcome industry leaders from around the world to this landmark event.”

Tourism 130

Tourism Hospitality Average Daily Rate Events 130

Hotel News Resource

MARCH 11, 2025

Article - Abu Dhabi Hotel Industry Soars During IDEX 2025 Event - In February 2025, Abu Dhabi's hotel industry witnessed its highest average daily rate (ADR) and revenue per available room (RevPAR) since 2009.

Average Daily Rate 45

Average Daily Rate Events Revenue Hotels 45

Hotel News Resource

AUGUST 14, 2024

Boosted by three key events, BerlinÕs hotel industry posted its highest July levels in average daily rate (ADR) and revenue per available room (RevPAR), according to preliminary data from CoStar.

Average Daily Rate 45

Average Daily Rate Events Revenue Hotels 45

Hotel News Resource

OCTOBER 16, 2024

Events pushed Brisbane hotel average daily rate (ADR) and revenue per available room (RevPAR) to all&time highs for September, according to preliminary data from CoStar.

Average Daily Rate 45

Average Daily Rate Events Revenue Hotels 45

Hotel News Resource

FEBRUARY 13, 2025

Article - Paris Hotel Industry Hits January Record Highs Amidst New Year Celebrations and Major Events - New Year's festivities and a series of major events in Paris have led to all-time high hotel revenue and average daily rates for January.

Average Daily Rate 45

Average Daily Rate Events Revenue Hotels 45

Hotel Business

FEBRUARY 10, 2023

The market, also hosting the Phoenix Open this week, is projected for Friday through Sunday night occupancy of 94% and average daily rate (ADR) of $445. Demand speaks for itself, especially with consumer behavior around the event free of pandemic concerns—unlike the last two Super Bowls. Even with 11.7%

Forecasting 105

Forecasting Average Daily Rate Occupancy Consumer 105

Hotel News Resource

MARCH 31, 2025

hotel RevPAR grows due to spring break and major events, with significant gains in markets outside the Top 25. Global Average Daily Rates (ADR) maintain a growth streak, contributing to RevPAR increases.

Average Daily Rate 59

Average Daily Rate Events Hotels Market 59

Hotel Management

AUGUST 8, 2024

Just four months after its initial soft-opening, SO/ Maldives reached an occupancy of almost 60% in February, and expected average daily rates (ADR) in the region of US$750-$850 for 2024. As a result, ADR for the group’s cluster of Maldivian properties is expected to rise 15%-20% this year, compared to 2023.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

Hotel Management

SEPTEMBER 9, 2024

The AHICE Far East Asia launch event, held at The Tokyo EDITION, Toranomon, wasn’t just a success it was a seismic shift, signalling a golden age for Japan’s hotel industry. Japan: a global magnet The resounding sentiment echoed throughout the event was clear: Japan is the hottest destination in the world right now.

Events 130

Events Average Daily Rate Tourism Market 130

Hotel News Resource

NOVEMBER 4, 2024

year over year, primarily due to equal improvements in occupancy and average daily rate (ADR). hotel sector enjoyed significant gains, with RevPAR growing by 9.3%

Average Daily Rate 45

Average Daily Rate Events Occupancy Hotels 45

Hotel News Resource

JULY 3, 2024

Boosted by three large-scale events during the final weekend of June, Dublin hotel average daily rate (ADR) eclipsed EUR300 for just the second time this year and sixth time in history, according to preliminary data from CoStar.

Average Daily Rate 40

Average Daily Rate Events Scale Hotels 40

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 59

Average Daily Rate Business Events Global Distribution System 59

Hotel News Resource

APRIL 14, 2025

Article - Carnival 2025 Drives Rio de Janeiro's Hotel Industry Revenue to Record Highs - The event significantly increased key performance metrics, including occupancy and average daily rates (ADR).

Average Daily Rate 45

Average Daily Rate Revenue Occupancy Events 45

Hotel News Resource

APRIL 17, 2023

Both cities rely heavily on event and MICE-driven demand, which is evident in their occupancy index. Madrid, on the other hand, has been running 20-30% ahead of pre-pandemic levels in terms of average daily rate (ADR) and has been consistent in holding rates regardless of market events.

Average Daily Rate 52

Average Daily Rate Occupancy Tourism Events 52

Hotel News Resource

MARCH 7, 2025

in the average daily rate (ADR). hotel industry has reported an upward swing of 3.1% in revenue per available room (RevPAR), driven by an increase of 2.7%

Average Daily Rate 40

Average Daily Rate Events Revenue Hotels 40

Hotel News Resource

DECEMBER 12, 2023

Sao Paulo's hotel industry reported its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, helped by several notable events, according to preliminary November data from CoStar

Average Daily Rate 45

Average Daily Rate Events Revenue Hotels 45

Amadeus Hospitality

OCTOBER 18, 2023

Group bookings are calculated using occupancy and average daily rate (ADR). The Index combines event data from Knowland with hotel booking data from Amadeus to give both individual and aggregate views of the key drivers of hotel performance and is updated on a quarterly basis. Events achieved 89.1% increase in ADR.

Average Daily Rate 59

Average Daily Rate Business Revenue Events 59