HotStats

JUNE 26, 2025

Even as hotels report higher average daily rates and nominal revenues, GOPPAR has not kept pace with the increased cost base. In many cases, owners and operators are already struggling to manage service levels while keeping costs in check. That inflation gap is especially clear when comparing April 2025 to April 2019.

Average Daily Rate 63

Average Daily Rate Revenue Operations Hotels 63

STAAH

APRIL 16, 2025

Reporting is like the front desk of your propertys performance – its where everything is tracked, logged, and managed to ensure smooth operations behind the scenes. With categorized reports and intuitive tooltips explaining each metric, it empowers teams to spot trends, correct inefficiencies, and forecast with confidence.

Cancellation 68

Cancellation Average Daily Rate Revenue Market 68

Hotelogix

APRIL 16, 2025

in 2023/24—the highest in a decade—with average daily rates hitting an all-time high of ₹8,055. A robust cloud-based Property Management System (PMS) doesn't just streamline your operations—it transforms them. Meanwhile, nationwide hotel occupancy reached 67.5%

Management 52

Management Revenue Management Revenue Average Daily Rate 52

SiteMinder

MARCH 16, 2025

What is a hotel operations manager? A hotel operations manager is responsible for overseeing the day-to-day functions of a hotel, ensuring seamless coordination between departments, maintaining high service standards, and optimising overall efficiency. trillion in 2023, the demand for skilled operations managers has never been higher.

Operations 52

Operations Management General Manager Hotels 52

Hotel Management

JUNE 6, 2023

STR and Tourism Economics have upgraded the 2023 United States hotel forecast, released at the 45th Annual NYU International Hospitality Industry Investment Conference in New York this week (June 5). from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5%

Forecasting 264

Forecasting Average Daily Rate Occupancy Tourism 264

Hotel Management

FEBRUARY 20, 2024

Localized in Southeast Asia, RevPAR levels are just below 2019 levels by less than 2%, driven by high average daily rates (ADRs) as the market saw a shift in consumers’ willingness to pay for quality both product and experience.

Real Estate 246

Real Estate Average Daily Rate Occupancy Market 246

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. Table of contents. What is hotel ADR? Why is ADR important in the hotel industry?

Average Daily Rate 52

Average Daily Rate Upsell Occupancy Revenue 52

STAAH

APRIL 16, 2024

One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). An RMS that can sync seamlessly with various channels allows hoteliers to update room rates and availability across all platforms simultaneously, minimizing the risk of overbooking and ensuring maximum exposure to potential guests.

Revenue Management 106

Revenue Management Revenue Management Forecasting 106

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. But traditional forecasting models no longer cut it.

Forecasting 75

Forecasting Occupancy Revenue Management Revenue 75

Hotel Management

OCTOBER 17, 2024

“Investors have consistently shown an appetite to play larger in the hotel sector in Asia Pacific and we see no signs that activity will wane in the last quarter of 2024, making us increase our investment volume forecast to $12.2 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

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

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? Hotel financial forecasting helps hoteliers set targets by predicting fiscal outcomes.

Forecasting 52

Forecasting Average Daily Rate Occupancy Revenue Management 52

SiteMinder

JULY 13, 2024

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? Why is revenue management important for the hotel industry?

Revenue Management 98

Revenue Management Revenue Management OTA 98

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

SiteMinder

JUNE 12, 2024

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. For hotels, the ultimate aim of yield management is to increase revenue by leveraging the balance between supply (available rooms) and demand (guest bookings).

Yield Management 98

Yield Management Management Revenue Management Revenue 98

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? Forecasting models to use at your property.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

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. Following the official launch of SO/ Maldives, this contribution is forecast to rise to 35% in 2024, with strong forward bookings.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

Hotel Speak

JULY 19, 2024

Whether you accept transient or group business to your hotel is more than just a revenue management question. It’s also a risk management question. And what is the philosophy of the hotel, the ownership, the general manager, and other stakeholders? When I worked as a revenue manager in Vancouver, that was my strategy.

Revenue 83

Revenue Management Revenue Management Average Daily Rate 83

Little Hotelier

OCTOBER 17, 2024

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. Little Hotelier helps you manage finances seamlessly. Financial planning and forecasting The key to financial planning and forecasting?

Average Daily Rate 93

Average Daily Rate Revenue Hotels Sales 93

Cloudbeds

JULY 4, 2024

Modern hotel management requires a robust set of tools and metrics to evaluate and continuously optimize revenue performance, especially in relation to competitors. Among these, the average rate index (ARI) is one of the lesser-known but extremely useful metrics to keep under check. How is ARI calculated?

Market Penetration 72

Market Penetration Management Market Share Occupancy 72

Hotel Speak

OCTOBER 3, 2024

While Louisa Green from RBH Hospitality Management noted some political headway for hospitality; “as an industry, we were concerned that we weren’t on the radar, so getting on the agenda is good progress”. While occupancy remains impressive, it’s ADR (Average Daily Rate) that’s driving the real growth story here.

Hospitality 122

Hospitality Average Daily Rate Occupancy Intent 122

eZee Absolute

MAY 13, 2024

Well, the answer lies in how well you’re using your Hotel Revenue Management System (RMS) reports. Don’t worry, this blog post will be your guide to understanding the top RMS reports every revenue manager needs to know. And you wonder what you must be doing wrong, right? RMS reports are like secret weapons for hoteliers.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hotelogix

APRIL 22, 2024

  Strategic revenue management with hotel data Effective revenue management is critical to your hotel's profitability. You can unlock a wealth of untapped revenue by analyzing data to forecast demand and adjust pricing accordingly. Initially, identifying your most effective channel is crucial.

Management 52

Management Average Daily Rate Revenue Management Hotels 52

SiteMinder

DECEMBER 7, 2023

What is hotel rate management? Hotel rate management is the process of strategically pricing rooms to attract guests while also maximising revenue. This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance.

Management 59

Management Average Daily Rate Occupancy Revenue 59

SiteMinder

MAY 8, 2024

Bangkok, Thailand – It was a lucrative Songkran festival for Thai hotels as the average cost of a hotel room surged by 33% during the festival period in April. Between April 11-18, the average daily rate in Thailand increased to THB 5,421 (US$148), from THB 4,087 (US$120) in the corresponding period last year.

Average Daily Rate 52

Average Daily Rate Revenue Hotels Forecasting 52

Hotelogix

NOVEMBER 12, 2023

Call them hotel reports or hotel management system reports, they help you gain insights on your hotel business so that you can make data-driven decisions. However, without a hotel property management system, it would be next to impossible to extract those reports manually.

Management 59

Management Occupancy Revenue Average Daily Rate 59

SiteMinder

JUNE 2, 2024

With the surge of arrivals of international fans, the average daily rate for stays during the UEFA Euro season has grown by 11% throughout Germany to €214 – compared to €192 in the previous year. Despite the rise in costs, the eagerness of travellers to plan their trips highlights a critical revenue opportunity for hotels.

Average Daily Rate 59

Average Daily Rate Revenue Forecasting Revenue Management 59

Catala Consulting

MAY 17, 2024

Revenue management is a crucial aspect of the hospitality industry, focusing on maximizing income through strategic pricing, inventory control, and demand forecasting. These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

SiteMinder

APRIL 18, 2024

As travellers book further in advance, hoteliers are in a stronger position to forecast occupancy and optimise their revenue management, allowing them to fully leverage events like the London Marathon,” concludes Bishop. He adds: “Alarmingly, the average daily rate at London hotels has decreased slightly by 6.5%

Average Daily Rate 59

Average Daily Rate Revenue Management Accommodation Revenue 59

Hotelogix

JANUARY 29, 2025

Whether you manage a boutique inn or a luxury resort, these innovations will redefine hospitality. 12 Essential Tech Tools for Forward-Thinking Hotels Property Management Systems (PMS) Cloud-based solutions to streamline operations Accessibility : Control your property from any location, at any time. One click to manage everything!

Management 58

Management Hospitality Hotels Services 58

SiteMinder

OCTOBER 16, 2023

Pricing intelligence, also known as rate intelligence, is a way for hotels to optimise their pricing and profitability. It’s an essential part of a successful revenue management strategy and is implemented via the use of data and pricing intelligence tools. Given this, you may opt to avoid forecasting for fear of making mistakes.

Forecasting 59

Forecasting Revenue Management Revenue Hotels 59

SiteMinder

AUGUST 1, 2024

Identify pricing gaps: You’ll be able to spot chances to increase rates without losing market share. Avoid rate wars: By monitoring competitor pricing, you can prevent unnecessary and accidental destructive price competitions. Compared to the other complicated systems, it is just so simple to use.

Shopping 78

Shopping Revenue Average Daily Rate Revenue Management 78

Little Hotelier

AUGUST 29, 2023

A hotel investment that delivers the goods Little Hotelier’s all-in-one booking and hotel management software can deliver an incredible ROI for your small, independent hotel: up to 63x! This is why their commission rates should be seen as a smart investment for your business. Income: Forecasted and other expected revenue.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

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.

Average Daily Rate 52

Average Daily Rate Forecasting Revenue Management 52

SiteMinder

OCTOBER 9, 2023

These metrics encompass a wide range of areas, from financial figures like revenue per available room (RevPAR) and average daily rate (ADR) to operational aspects such as occupancy rates and guest satisfaction scores. It offers insights into room demand and helps in forecasting.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Hotelogix

MAY 1, 2025

This figure becomes the foundation for performance analysis and forecasting. Average Daily Rate (ADR) ADR shows the average income earned from rooms sold, offering insight into pricing effectiveness. It helps hoteliers benchmark revenue performance and adjust room rates depending on seasonality and competition.

Occupancy 59

Occupancy Average Length of Stay Average Daily Rate Revenue 59

Cloudbeds

MARCH 23, 2023

Why eCommerce is important for lodging operators According to Statista , 69% of total revenue from the global travel and tourism market is booked online, representing approximately $475 billion in revenue in 2022 and forecasted to surpass $521 billion in 2023. Learn how the Cloudbeds Hospitality Platform can boost your eCommerce strategy.

OTA 98

OTA Digital Marketing Market Marketing 98