Lodging

FEBRUARY 21, 2025

DALLAS, TexasCBRE forecasted that revenue per available room (RevPAR) will continue to grow in 2025, as urban locations continue to outperform due to improved group and business travel and continued recovery of inbound international travel. CBRE forecasts a 2.0 CBRE forecasts a 2.0

Forecasting 179

Forecasting Average Daily Rate Occupancy Revenue 179

SiteMinder

DECEMBER 17, 2024

It provides a platform for hotels and travel companies to advertise their offerings to a broad marketplace. Amadeus GDS is used for tapping into a huge marketplace where travel supply and demand intersect. Amadeus GDS is used for tapping into a huge marketplace where travel supply and demand intersect. Who owns Amadeus GDS?

Global Distribution System 52

Global Distribution System Average Daily Rate Revenue Travel 52

STAAH

APRIL 29, 2025

With consumer behaviours evolving, and the lines between tech platforms, marketing, and operations blurring, a modern strategy goes far beyond just listing rooms on online travel agents (OTAs). STAAH even includes a Travel Agent & Corporate Travel Module (TACT) real-time offline bookings.

Revenue 84

Revenue Management OTA Average Daily Rate 84

Cloudbeds

JANUARY 22, 2025

Financial analysis When EBITDAR is combined with other metrics, such as ADR (average daily rate), occupancy rate, or RevPAR (revenue per available room) , it can help dig deeper into financial metrics. Improve marketing and distribution Optimize distribution channels to reduce sales commissions.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Hotelogix

APRIL 16, 2025

in 2023/24—the highest in a decade—with average daily rates hitting an all-time high of ₹8,055. 👉 Read Also - Motel vs. Hotel: 7 Key Factors for Smart Travelers The cloud-based PMS market for small and medium hotels is experiencing remarkable growth, with adoption rates increasing by 8.2%

Management 52

Management Revenue Management Revenue Average Daily Rate 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

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 Management

FEBRUARY 20, 2024

Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. This trend is spurred by increasing global wealth and the ongoing convergence of living and traveling, respectively. In 2023, two consistent headlines emerged. Do these themes play out closer to home?

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. Seasonal travel trends. Traveller behaviour changes.

Average Daily Rate 52

Average Daily Rate Upsell Occupancy Revenue 52

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. 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

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

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 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

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

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

STAAH

APRIL 16, 2024

This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions. 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

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, due to a 0.6-

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

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? How can you forecast effectively at your hotel?

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

Hotel Business

DECEMBER 16, 2022

Travel is back with a vengeance for 2023, according to KAYAK’s 2023 Travel Trends Forecast. travelers from taking bucket list trips in 2023. For the first time, nine out of ten top trending destinations are in Asia-Pacific indicating major pent-up travel demand for the region after two years of restrictions.

Average Daily Rate 59

Average Daily Rate Travel Forecasting 59

Hotelier Magazine

AUGUST 29, 2023

Canada’s hotel industry reported its highest Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) for any month on record, according to CoStar’s July 2023 data. STR and Tourism Economics’ most recent forecast has been upgraded, with full-year ADR expected to be up 8.6 HENDERSONVILLE, Tenn. per cent to 75.6

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Hotels 52

Hotelier Magazine

NOVEMBER 26, 2024

WASHINGTON — Canadian hotels witnessed a significant landmark in October 2024, as the Average Daily Rate (ADR) surpassed $200 for the first time ever, according to data from CoStar. October’s occupancy rate was 68.5 Toronto topped the major markets with an occupancy rate of 79.6 per cent, marking a 0.8-per-cent

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Tourism 52

SiteMinder

MAY 8, 2024

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. This is particularly evident when we compare the rates during the previous Songkran period and the week prior to the celebrations.”

Average Daily Rate 52

Average Daily Rate Revenue Hotels Forecasting 52

SiteMinder

JULY 13, 2024

Without it, your business is essentially forfeiting the ability to boost bookings, revenue and profit, offer competitive rates and promotions, and forecast effectively. This involves a thorough examination of competitors’ offerings, rates, amenities, and even guest reviews. How do they book and travel?

Revenue Management 98

Revenue Management Revenue Management OTA 98

Hotel Speak

OCTOBER 3, 2024

While occupancy remains impressive, it’s ADR (Average Daily Rate) that’s driving the real growth story here. STR forecasting also shows steady occupancy growth (+1-2% annually) and ADR growth (+3-4) for 2025 and 2026, indicating a positive outlook for our industry.

Hospitality 122

Hospitality Average Daily Rate Occupancy Intent 122

SiteMinder

JUNE 12, 2024

Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. Informed Decision-Making : Yield management relies heavily on data analytics.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

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

SiteMinder

APRIL 18, 2024

According to SiteMinder’s vice president of ecosystem and strategic partnerships, James Bishop, the rise in lead time reflects grown confidence and increasingly-proactive planning by ever-savvier travellers, which offers strategic opportunities for the capital’s hoteliers. year-on-year.

Average Daily Rate 59

Average Daily Rate Revenue Management Accommodation Revenue 59

Cloudbeds

MARCH 23, 2023

These days, more consumers are going online to make purchases, and travel is no exception. For travelers, there’s a lot riding on vacations, including money, well-being, and precious leisure time. Travelers, therefore, tend to be extra careful when planning trips, visiting multiple travel sites, and comparing pricing and options.

OTA 98

OTA Digital Marketing Market Marketing 98

Hotelier Magazine

JUNE 27, 2024

per cent) Average Daily Rate (ADR): CAD$206.39 (up 4.5 per cent) “Improvement in Canada’s hotel room rates drove a RevPAR lift in May,” says Laura Baxter, CoStar Group’s director of Hospitality Analytics for Canada. STR’s 2024 forecast reflects slower rate growth at 1.9

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Hotels 52

Little Hotelier

AUGUST 29, 2023

Connecting To Online Travel Agents Partnering with a variety of online travel agents is necessary for B&Bs to connect with global customers. Income: Forecasted and other expected revenue. Dedicating a proportion of your budget towards signs will improve walk-in bookings and give your B&B brand a facelift.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

Hotel Speak

JULY 19, 2024

They realize that the earlier they book the lower the rates are going to be. If group business has a lower average daily rate (ADR) than transient, which it always does, do you put the group on the books in advance and sell the remaining rooms to transient at a higher rate? They’re also going to be smart.

Revenue 83

Revenue Management Revenue Management Average Daily Rate 83

Inn Quest

MARCH 23, 2023

The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 The result was increased occupancy, which continued throughout the year and along with an increase in average daily rates.

Forecasting 52

Forecasting Tourism Average Daily Rate Hotels 52

STAAH

JULY 8, 2024

Focus on local SEO to attract nearby travelers. Regularly update your blog with engaging and relevant content, such as travel guides, hotel features, and local events. Data-Driven Pricing Strategies Dynamic Pricing: Implement dynamic pricing strategies to adjust room rates based on demand, competitor rates, and market conditions.

Digital Marketing 52

Digital Marketing Accommodation Market Marketing 52

Hotelier Magazine

JULY 9, 2024

By Nicole Di Tomasso According to Avison Young’s Canada Hotel Market Report, Canada’s hotel industry demonstrated a strong recovery in 2023, surpassing pre-pandemic levels in key performance indicators (KPIs) such as Average Daily Rate (ADR), Revenue Per Available Room (RevPAR) and occupancy. billion, up from $3.09

Average Daily Rate 52

Average Daily Rate Occupancy Pipeline Hotels 52

SiteMinder

DECEMBER 4, 2023

This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Hotel occupancy will increase 2.5%

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

SiteMinder

OCTOBER 16, 2023

Some ways your hotel will benefit from using pricing intelligence software include: Knowing the market demand for your hotel in advance Optimising your room rates Accelerating the decision-making process Saving time and effort on price monitoring Understanding where you stand with competitors Why is it important to use pricing intelligence tools?

Forecasting 59

Forecasting Revenue Management Revenue Hotels 59