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 182

Forecasting Average Daily Rate Occupancy Tourism 182

Lodging

JANUARY 29, 2024

HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. That level combined with an ADR of $573 would result in revenue per available room (RevPAR) of $504. 9-11, 2024, which would be the highest level for any Super Bowl weekend on record, according to STR.

Average Daily Rate 278

Average Daily Rate Forecasting Occupancy Revenue 278

Hotel Management

APRIL 21, 2025

According to Colliers Hotels New Zealand Hotel Market Snapshot for Q1, based on information from Hotel Data New Zealand, revenue per available room (RevPAR) was up 6.5% This follows a record average daily rate of NZ$673 that was reached on 31 December 2024. to NZ$239 in Queenstown for the year ending 31 March.

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 147

Forecasting Average Daily Rate Occupancy Revenue 147

Hotel Speak

APRIL 18, 2025

The cherry on top is that it preserves your average daily rate (ADR) while elevating the guest experience, satisfaction, and loyalty. Instead of putting discounts everywhere, you could create loyalty programs, offer member only rates, and offer bespoke incentives. can result in a stable revenue stream.

Revenue 94

Revenue Average Daily Rate Revenue Management Hotels 94

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% increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2% These trends are forecasted to strengthen the fundamentals of the U.S.

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 147

Forecasting Average Daily Rate Occupancy Tourism 147

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

STAAH

APRIL 29, 2025

Advanced Strategies to Maximize Revenue a. Dynamic Pricing: Real-Time Revenue Optimization c. Todays winners in hospitality are those who use tools like a Channel Manager not only to sync availability but to maximize revenue, streamline operations, and build a resilient digital strategy. The New Age of Hotel Distribution 2.

Revenue 86

Revenue Management OTA Average Daily Rate 86

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 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

Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. In 2024, JLL forecasts that value-add opportunities in Southeast Asia will be on the radars of investors.

Real Estate 245

Real Estate Average Daily Rate Occupancy Market 245

STAAH

APRIL 16, 2024

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 107

Revenue Management Revenue Management Forecasting 107

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. The formula for ADR is generally presented as room revenue / number of rooms sold.

Average Daily Rate 52

Average Daily Rate Upsell Occupancy Revenue 52

STAAH

APRIL 16, 2025

Thats where STAAHs Reports module comes in – a centralised hub designed to give properties deep, actionable insights across revenue streams. 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

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

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

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? Revenue management is essential for any hotel today.

Revenue Management 98

Revenue Management Revenue Management OTA 98

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 Revenue Management Occupancy Revenue 75

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

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

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

Hotelier Magazine

FEBRUARY 10, 2025

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.

Average Daily Rate 52

Average Daily Rate Occupancy Hotels Revenue 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

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. For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

Hotel Speak

JULY 19, 2024

Whether you accept transient or group business to your hotel is more than just a revenue management question. They realize that the earlier they book the lower the rates are going to be. Or do you save as many rooms as you can until the last minute so you can sell more rooms to transient, at a higher rate, closer to stay date?

Revenue 85

Revenue Management Revenue Management Average Daily Rate 85

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. Overall, the Maldives accounted for 27% of S Hotels and Resorts’ worldwide revenue in 2023 – its second-largest market after the UK.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

Hotel News Resource

AUGUST 11, 2023

For 2023, growth in revenue per available room (RevPAR) was lowered by 0.5 Average daily rate (ADR) was upgraded 0.1ppts for 2023 but kept flat for 2024. 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

Hotelier Magazine

AUGUST 16, 2023

hotel forecast presented at the recent 15th annual Hotel Data Conference. For 2023, growth in Revenue Per Available Room (RevPAR) was lowered by 0.5 While that RevPAR growth remains above the long-term historical average, most of the increase was frontloaded to the early portion of the year. PARSIPPANY, N.J. — per cent on a 0.5-per-cent

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

SiteMinder

DECEMBER 17, 2024

With connections to 400+ airlines and 50+ rail, cruise and ferry operators, Amadeus is a gateway to new revenue opportunities. This blog will take a deep-dive into the importance of Amadeus for your hotel, including what it can achieve and how you can make the most of it as part of your distribution and revenue strategies.

Global Distribution System 52

Global Distribution System Average Daily Rate Revenue Travel 52

Little Hotelier

OCTOBER 17, 2024

Income statement Also known as the profit and loss statement, this report summarises a hotel’s revenues and expenses, then determines the profits or losses over a specific period. Financial planning and forecasting The key to financial planning and forecasting? mortgage or loan interest statements.

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

Little Hotelier

NOVEMBER 6, 2023

What is hotel revenue optimisation? As a small, independent hotelier you may have heard the terms hotel revenue optimisation and hotel revenue management. So what is revenue optimisation? Do all that and you’ll optimise your revenue by making as much money as possible from a limited resource: your rooms.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

Hotel Speak

OCTOBER 3, 2024

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.

Hospitality 122

Hospitality Average Daily Rate Occupancy Intent 122