Lodging

JANUARY 23, 2024

hotel forecast of 2024 at the Americas Lodging Investment Summit (ALIS). For 2024, growth in average daily rate (ADR) was raised by 0.1 percentage points, while occupancy and revenue per available room (RevPAR) were unchanged from the previous forecast.

Forecasting 176

Forecasting Average Daily Rate Occupancy Tourism 176

Hotel Management

APRIL 21, 2025

Hotels in Queenstown, Christchurch and Rotorua have enjoyed a strong start to the year with increased room rates, driven by an uptick in international visitors, while New Zealands main centres of Auckland and Wellington saw a decline. This follows a record average daily rate of NZ$673 that was reached on 31 December 2024.

Average Daily Rate 130

Average Daily Rate Occupancy Tourism Forecasting 130

Lodging

MAY 16, 2025

DALLAS, TexasCBRE forecasted that revenue per available room (RevPAR) will grow modestly in 2025, driven by the continued outperformance of urban locations benefiting from increased group and business travel, as well as a projected rise in demand for drive-to and regional leisure destinations. CBRE projected a 1.3 CBRE projected a 1.3

Forecasting 144

Forecasting Average Daily Rate Occupancy Revenue 144

Lodging

JANUARY 29, 2024

HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. 9-11, 2024, which would be the highest level for any Super Bowl weekend on record, according to STR. The market is projected for a Friday through Sunday night occupancy of 87.9

Average Daily Rate 274

Average Daily Rate Forecasting Occupancy Revenue 274

Hotel Business

NOVEMBER 15, 2024

hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE ’s latest forecast. CBRE now forecasts a 0.5% CBRE now forecasts a 0.5% The average daily rate (ADR) is expected to increase by 0.7%, a reduction of 40 bps from earlier projections.

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

Lodging

JUNE 5, 2023

hotel forecast at the 45th Annual NYU International Hospitality Industry Investment Conference. percent from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5 NEW YORK—STR and Tourism Economics upgraded the 2023 U.S. percent and 1.3

Forecasting 144

Forecasting Average Daily Rate Occupancy Tourism 144

Hotel News Resource

NOVEMBER 20, 2023

STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023.

Average Daily Rate 111

Average Daily Rate Forecasting Tourism Revenue 111

Hotel News Resource

NOVEMBER 19, 2024

The final forecast revision for U.S. hotel growth in 2024 shows downgraded projections for average daily rate (ADR), revenue per available room (RevPAR), and occupancy.

Average Daily Rate 92

Average Daily Rate Forecasting Occupancy Tourism 92

Hospitality Today

JUNE 11, 2025

hotel forecast Second-quarter slowdown and macroeconomic headwinds weigh on RevPAR outlook, with modest recovery expected in the second half of the year Jun 12, 2025 Consulting firm PwC has revised its 2025 U.S. hotel performance forecast downward, citing economic uncertainty, geopolitical tensions, and a soft second quarter.

Forecasting 40

Forecasting Average Daily Rate Occupancy Hotels 40

Hotel Business

FEBRUARY 10, 2023

Phoenix’s hotel revenue per available room (RevPAR) is forecasted to reach $419 for Feb. 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. Even with 11.7% Even with 11.7%

Forecasting 105

Forecasting Average Daily Rate Occupancy Consumer 105

Hotel Speak

APRIL 18, 2025

And hotels and resorts have definitely caught on to this, offering tons of discounts to get people to book. But a lot of hoteliers have gotten stuck in a loop of constantly slashing prices, offering direct channel discounts, OTA promotions, and special rate packages to drive occupancy. Okay, so we all love a good deal, right?

Revenue 93

Revenue Average Daily Rate Revenue Management Hotels 93

Hotel News Resource

JANUARY 30, 2024

Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for 9-11 February 2024, which would be the highest level for any Super Bowl weekend on record, according to STR.

Average Daily Rate 81

Average Daily Rate Forecasting Hotels 81

Hotel News Resource

AUGUST 8, 2024

For 2024, projected gains in average daily rate (ADR) were downgraded 0.1 percentage points, while revenue per available room (RevPAR) was held steady at +2.0% year over year.

Average Daily Rate 81

Average Daily Rate Forecasting Tourism Revenue 81

Hotel Management

FEBRUARY 20, 2024

Ahead of the inaugural AHICE South East Asia, which takes place in Singapore on February 27-29, JLL Hotels and Hospitality Group CEO APAC, Nihat Ercan, discusses the latest developments in hospitality across the region. Investors continue to take notice, especially private equity which remains the leading buyer of hotel assets worldwide.

Real Estate 245

Real Estate Average Daily Rate Occupancy Market 245

SiteMinder

JULY 25, 2022

Average daily rate (ADR) remains an important metric to talk about within the hotel industry. This blog will provide a comprehensive guide to ADR, including why it’s so important and how your hotel can improve it. What is hotel ADR? Why is ADR important in the hotel industry? Table of contents.

Average Daily Rate 52

Average Daily Rate Upsell Occupancy Revenue 52

Hotel Management

OCTOBER 17, 2024

Hotel investments in Asia Pacific are set to total $12.2 billion for the full year 2024 as a result of an influx of investment activity, a more favourable interest rate environment and supportive macro and microeconomic developments. Given that investor interest is unlikely to wane, JLL forecasts in total sales of $4.7

Average Daily Rate 130

Average Daily Rate Occupancy Forecasting Hotels 130

HotStats

JUNE 26, 2025

At first glance, the hotel industry in the United States seems to be climbing back. Figure 1 Hotels are hustling uphill. hotels are still making less money in real terms than they did in 2019. For hotels already operating on tight margins, this dynamic spells trouble.

Average Daily Rate 63

Average Daily Rate Revenue Operations Hotels 63

Cloudbeds

DECEMBER 2, 2024

One of the main challenges for hotels is creating accurate forecasts in the short, medium, and long term. Understanding future demand trends, their causes, and the guest segments driving them can help hotel revenue managers adjust room rates to boost occupancy and sales.

Forecasting 75

Forecasting Occupancy Revenue Management Revenue 75

Hotelier Magazine

FEBRUARY 10, 2025

TORONTO Canadas hotel investment market saw significant growth in 2024, with total transaction volume reaching $2 billion, a 16 per cent year-over-year increase, according to Colliers INNvestment Canada Hotel Report Q4 2024. Growth was largely driven by higher Average Daily Rates (ADR), which outpaced inflation.

Average Daily Rate 52

Average Daily Rate Occupancy Hotels Revenue 52

Hotelogix

JULY 18, 2024

Hotel forecasting, also known as hotel demand forecasting, is a strategic process that predicts future demand for hotel rooms and services based on historical data, market trends, and various influencing factors. What is Hotel Forecasting?

Forecasting 52

Forecasting Average Daily Rate Occupancy Revenue Management 52

STAAH

APRIL 29, 2025

Hotel distribution today is a different game. The New Age of Hotel Distribution 2. Move Beyond Syncing, Start Scaling 1) The New Age of Hotel Distribution The hotel distribution landscape has changed. With Google dropping its commission model, nows the time to focus on CPC strategies and rate parity optimization.

Revenue 84

Revenue Management OTA Average Daily Rate 84

eHotelier

NOVEMBER 20, 2023

STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023.

Forecasting 52

Forecasting Average Daily Rate Tourism Revenue 52

Hotel News Resource

FEBRUARY 23, 2024

Las Vegas achieved the highest Super Bowl weekend average daily rate (ADR) and revenue per available room (RevPAR). However, the market's levels surpassed the forecast, easily overtaking the previous records held by Miami (2020).

Average Daily Rate 74

Average Daily Rate Forecasting Revenue Market 74

Amadeus Hospitality

JUNE 5, 2025

The report presents a detailed analysis of passenger traffic and capacity trends from March 2023 to February 2025 and provides a forecast extending to August 2025. Notable growth rates include a 9.3% increase in air passenger volume and scheduled seats for Asia and the Pacific, derived from Amadeus Navigator360™ data.

Tourism 52

Tourism Market Marketing Average Daily Rate 52

eHotelier

NOVEMBER 27, 2022

STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2022.

Forecasting 52

Forecasting Average Daily Rate Occupancy Tourism 52

Hotelier Magazine

FEBRUARY 7, 2025

According to the latest forecast by CoStar Group and Tourism Economics, U.S. The forecast also predicts a 1.6-per-cent per-cent growth in the Average Daily Rate, with an occupancy level of 63.1 The forecast suggests that the luxury RevPAR is expected to grow by 2.9 HENDERSONVILLE, Tenn. per cent in 2025.

Forecasting 52

Forecasting Average Daily Rate Hotels Tourism 52

STAAH

APRIL 16, 2024

To help you navigate this decision-making process, let’s explore the essential features to consider when selecting an RMS for your hotel. An RMS should provide detailed insights into key performance metrics such as Room Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), occupancy rates, booking pace, and revenue forecasts.

Revenue Management 106

Revenue Management Revenue Management Forecasting 106

SiteMinder

OCTOBER 10, 2023

What is hotel forecasting? Hotel forecasting is a method that is used to help managers determine their accommodation’s future demand and revenue performance. Whether you’re a seasoned hotelier or new to the industry, understanding the nuances of forecasting can be a game-changer for your business.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

Cloudbeds

OCTOBER 9, 2024

Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. As we look at the importance of forecasting for the hospitality industry, it’s interesting to note that it is also a major part of the science of hotel revenue management.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

SiteMinder

JUNE 8, 2022

As unpredictable as it can be at times (especially through the COVID-19 pandemic), forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions. What is hotel revenue forecasting? Why should your hotel use forecasting? Your occupancy rate.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

Hotelier Magazine

AUGUST 16, 2023

hotel forecast presented at the recent 15th annual Hotel Data Conference. While that RevPAR growth remains above the long-term historical average, most of the increase was frontloaded to the early portion of the year. Average Daily Rate (ADR) was upgraded 0.1 PARSIPPANY, N.J. — per cent on a 0.5-per-cent

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

Hotel Management

AUGUST 8, 2024

S Hotels and Resorts, the international hospitality company from Singha Estate recently celebrated the grand opening of SO/ Maldives , the third lifestyle resort at Crossroads Maldives, the Indian Ocean’s first and only fully-integrated leisure destination.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

Hotel News Resource

AUGUST 11, 2023

Average daily rate (ADR) was upgraded 0.1ppts for 2023 but kept flat for 2024. For 2023, growth in revenue per available room (RevPAR) was lowered by 0.5 percentage points, due to a 0.6ppt downgrade in occupancy growth. For 2024, the RevPAR growth projection was also lowered 0.5ppts on a 0.5ppt downgrade in occupancy.

Average Daily Rate 52

Average Daily Rate Forecasting Occupancy Tourism 52

Little Hotelier

OCTOBER 17, 2024

What is hotel accounting? Hotel accounting is a system designed to track and manage a hotel’s finances – income, expenses and financial performance – to ensure profitability, compliance and operational efficiency. Learn more How important is having an accounting protocol in a hotel?

Average Daily Rate 93

Average Daily Rate Revenue Hotels Sales 93

Hotel News Resource

FEBRUARY 5, 2025

Article - Hotel Data Experts Predict Stabilized Growth for 2025 Amid Rising Expenses - Hotel data experts forecast a steady 2025 with a minor growth in revenue per available room and average daily rate.

Average Daily Rate 45

Average Daily Rate Forecasting Revenue Hotels 45

Hotelogix

DECEMBER 19, 2024

Picture a system that displays your hotel's current status and forecasts its future. This is what hotel business intelligence software accomplishes. This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. Here are some examples.

Business 40

Business Hotels Forecasting Revenue 40

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. per cent) Average Daily Rate (ADR): $180.04 (up 2.7 CoStar and Tourism Economics most recent forecast for 2025 projects RevPAR growth of two per cent, with a 1.8-per-cent

Average Daily Rate 59

Average Daily Rate Occupancy Forecasting Construction 59