Average Daily Rate Forecasting Hospitality Management 
Hotel Speak
OCTOBER 3, 2024
IHG’s Joanna Kurowska highlighted that while early signs of Labour’s intent to support hospitality were positive, “we haven’t seen any action yet”. While occupancy remains impressive, it’s ADR (Average Daily Rate) that’s driving the real growth story here.
MBA Hotels
OCTOBER 15, 2019
Average daily rate is the main driver of revenue per available room (RevPAR) growth. STR forecasts RevPAR growth to be about 1.1% STR RevPAR Forecast ] Slow and steady revenue growth is keeping the industry optimistic, but it’s the profitability which is worrying some hotel investors and management companies.
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Hotel Speak
FEBRUARY 26, 2024
26, 2024 – Cloudbeds, the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, today released its 2024 State of Independent Lodging Report. San Diego, Feb. Online travel agencies (OTAs) have returned stronger than ever. In 2023, OTAs generated 60.5%
Cloudbeds
FEBRUARY 26, 2024
San Diego, CA, February 28, 2024 – Cloudbeds , the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, today released its 2024 State of Independent Lodging Report. Online travel agencies (OTAs) have returned stronger than ever. In 2023, OTAs generated 60.5%
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