Hotel Management

MARCH 30, 2023

Choice Hotels Asia- Pac CEO Trent Fraser called it the “standout” performer in a strong year for the business saying it reflects the investment made in marketing during tough times. In 2022, Choice Hotels Australian RevPAR rose 31% on 2019, with average daily rates (ADR) up 10% on the same period.

Average Daily Rate 147

Average Daily Rate Global Distribution System Pipeline Market 147

Hotel Business

FEBRUARY 22, 2023

Domestic booking channels captured a lower proportion of bookings overall, however, there was a clear balance between traditional and niche booking channels across markets. The ranking of hotel websites as a revenue generator remained on par with 2019’s lists in 72% of markets, and ahead in 28%.

Average Length of Stay 102

Average Length of Stay Travel Average Daily Rate Cancellation 102

STAAH

APRIL 16, 2024

Look for a solution that utilizes sophisticated algorithms to analyze market demand, competitor pricing, booking patterns , and other relevant factors in real-time. This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 106

Revenue Management Revenue Management Forecasting 106

Amadeus Hospitality

AUGUST 14, 2024

markets have achieved 100 percent or more in overall performance compared to the same time in 2023. Percent While these were the top growth markets overall, 21 of the top 25 markets achieved 100 percent or more growth in the Group segment for Q2 2024 compared to the same period last year. percent year-over-year (YOY.)

Average Daily Rate 59

Average Daily Rate Business Events Global Distribution System 59

Hotel Business

AUGUST 14, 2024

markets have achieved 100% or more in overall performance compared to the same time in 2023. While these were the top growth markets overall, 21 of the top 25 markets achieved 100% or more growth in the group segment for 2Q24 compared to the same period last year. increase in the average daily rate.

Business 69

Business Average Daily Rate Global Distribution System Events 69

SiteMinder

FEBRUARY 13, 2023

Domestic booking channels captured a lower proportion of bookings overall, however there was a clear balance between traditional and niche booking channels across markets. The ranking of hotel websites as a revenue generator remained on par with 2019’s lists in 72% of markets, and ahead in 28%.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Travel Cancellation 52

Amadeus Hospitality

DECEMBER 21, 2023

markets has already recovered by 99.1% Travel Seller Media  Helping hoteliers and Destination Management Organizations (DMOs) reach travel sellers remained a priority for Amadeus in 2023, as we continued to be the only technology provider in the market offering a multi-GDS approach for GDS Media. The result?

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

SiteMinder

DECEMBER 4, 2023

globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Here are some other key stats on the US hotel industry: The hotel market in the US is worth more than $106 billion. Average US occupancy rate is just under 65%.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

Average Daily Rate 52

Average Daily Rate Global Distribution System Hotels Online Marketing 52

SiteMinder

DECEMBER 20, 2023

Simply multiply your predicted average daily rate (ADR) by your occupancy rate. Corporate leaders also rank reputation as their most valuable asset and the World Economic Forum estimates that 25% of a company’s market value is directly related to its reputation.

Business 59

Business Hotels Management Revenue 59

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. It can take time to get everything right and as we can see there’s a lot to be aware of.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. It can take time to get everything right and as we can see there’s a lot to be aware of.

Operations 52

Operations Management OTA Hotels 52

Cloudbeds

OCTOBER 17, 2024

Indirect channels, such as OTAs, metasearch sites, Global Distribution Systems (GDS) such as Amadeus and Sabre, travel agents, tour operators, and wholesalers, are third-party platforms that serve as intermediaries by listing hotel rooms. Increase direct bookings with Cloudbeds.

OTA 76

OTA Occupancy Hotels Revenue 76

Amadeus Hospitality

FEBRUARY 12, 2025

percent year-over-year (YOY), showing the highest overall index rating in four quarters. Top overall health index markets include: Tampa – 121.4 Top overall health index markets include: Tampa – 121.4 percent In addition, the top growth markets specific to Group performance were Houston (124.0 percent St.

Average Daily Rate 80

Average Daily Rate Business Global Distribution System Events 80

Amadeus Hospitality

APRIL 25, 2025

Virtual reality tours are also growing in popularity, with 70% of global travelers likely or very likely to use virtual reality or a virtual tour to explore a destination ahead of their visit. How do travelers approach booking hotels, cars, and insurance? Whats expected from the hotel experience?

Travel 52

Travel Average Daily Rate Global Distribution System OTA 52