Hotel Business

NOVEMBER 15, 2024

This revision reflects a 40-basis point (bps) decrease in expected occupancy compared to the prior forecast, with occupancy anticipated to decline by 30 bps year-over-year. The average daily rate (ADR) is expected to increase by 0.7%, a reduction of 40 bps from earlier projections. decline in occupancy.

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

Hotel Management

JUNE 29, 2023

Australia’s boutique hotel market is booming amid increased demand for unique and personalised stays. CBRE’s market analysis found that boutique properties have outperformed ‘big box’ international hotels on occupancy levels, Average Daily Rate (ADR) and Revenue Per Available Room (RevPar) since the onset of the pandemic in 2020.

Average Daily Rate 246

Average Daily Rate Occupancy Hotels Travel 246

eZee Absolute

FEBRUARY 4, 2025

The surge in hotel bookings during these high-profile events highlights how live concerts act as powerful economic drivers for cities. In fact, concert-goers often flood the local hotel market, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand.

Occupancy 52

Occupancy Events Average Daily Rate Tourism 52

Lodging

MAY 16, 2025

percent increase in RevPAR for 2025, with occupancy and average daily rate (ADR) rising by 14 basis points (bps) and 1.2 This represents slightly softer […] The post CBRE Hotels Forecasts Modest RevPAR Growth in 2025 appeared first on LODGING Magazine. CBRE projected a 1.3

Forecasting 147

Forecasting Average Daily Rate Occupancy Revenue 147

Hotelier Magazine

MARCH 12, 2024

TORONTO — Avison Young has released its Canada Hotel Market Report: 2023 Review and 2024 Outlook. The report reveals robust recovery and remarkable resilience across major Canadian markets, surpassing pre-pandemic levels in Average Daily Rate (ADR), Revenue Per Available (RevPAR) and occupancy.

Hotel Marketing 64

Hotel Marketing Average Daily Rate Marketing Market 64

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 In the first nine months of 2024, Japan further established itself as the most attractive hotel market regionally.

Average Daily Rate 130

Average Daily Rate Occupancy Forecasting Hotels 130

Hotel Management

OCTOBER 24, 2023

“Since hotels differ from other commercial real estate assets, with many continuing to enjoy strong income growth amidst resurgent tourism markets, transaction volumes are expected to reach $2.5 Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer.

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Accommodation 130

Hotelogix

NOVEMBER 28, 2024

  Let's explore how market segmentation can become your hotel's greatest competitive advantage through five essential aspects:  Understanding the basics  Identifying profitable segments Customizing services Implementing targeting strategies Measuring success. 

Hotel Marketing 40

Hotel Marketing Marketing Market ROI 40

Cloudbeds

JANUARY 17, 2024

With restrictions to third-party data and new AI tools, lodging operators must familiarize themselves with the different hotel market trends and strategies to stand out from the crowd. Here, we look at how the travel landscape is evolving and the latest trends to shape your marketing strategies this year.

Hotel Marketing 98

Hotel Marketing Marketing Market Hotels 98

Hotel Speak

JANUARY 25, 2024

With rising inflation across the world, it’s not surprising that the average daily rate has risen, but it didn’t deter reservations in 2023. With rising inflation across the world, it’s not surprising that the average daily rate has risen, but it didn’t deter reservations in 2023.

Average Daily Rate 103

Average Daily Rate Revenue Travel Upsell 103

Hotel News Resource

MARCH 22, 2024

STR's global update as of 9 March 2024 shows that 77% of markets increased revenue per available room (RevPAR) from the comparable period in 2023, which was 4% more than the last update. Occupancy and average daily rate (ADR) were also steadily higher than last year.

Average Daily Rate 45

Average Daily Rate Marketing Market Hotel Marketing 45

Hotel News Resource

FEBRUARY 27, 2024

Article - 74% of Global Hotel Markets Increased RevPAR to Start 2024 - Growth was balanced with 64% of markets showing increased occupancy and 70% achieving a higher average daily rate (ADR) than last year.

Average Daily Rate 40

Average Daily Rate Hotel Marketing Marketing Market 40

Hotel News Resource

JULY 31, 2024

In July 2024, the UK hotel market continued its strong performance with RevPAR levels significantly above those of 2019, driven by high occupancy rates and increased Average Daily Rates (ADR).

Average Daily Rate 45

Average Daily Rate Tourism Occupancy Hotel Marketing 45

Hotel News Resource

AUGUST 8, 2024

Average daily rate (ADR) in markets such as Dortmund skyrocketed during the tournament. The BVB Stadion Dortmund hosted six matches, including the England vs. Netherlands semifinal, which generated large spikes in revenue and occupancy.

Average Daily Rate 40

Average Daily Rate Marketing Market Hotel Marketing 40

Amadeus Hospitality

JANUARY 29, 2024

Unique forward-looking hotel booking data from Amadeus shows high demand for travel across various cities for the upcoming holiday period which runs February 10-17th. Zhuhai, China 54% Source: Amadeus’ Demand360+ ® data as of January 15, 2024 In addition to high occupancies, travelers are also paying more for their stay compared to last year.

Average Daily Rate 59

Average Daily Rate Occupancy Marketing Market 59

Hotel Speak

AUGUST 13, 2024

From searching to booking, guests are influenced by an average of 38 websites before making a reservation. Therefore, ensuring it’s easy for guests to book, whether direct or through third parties, is paramount to fulfilling a successful occupancy strategy and higher Average Daily Rate (ADR) goal.

Revenue 104

Revenue Sales OTA Average Daily Rate 104

Hotelier Magazine

NOVEMBER 6, 2024

hotels led the nation with a 12.9 per cent RevPAR increase, primarily due to a robust Average Daily Rate (ADR) increase of 7.6 per cent increase in RevPAR and an unprecedented occupancy rate of 93.7 Northeastern U.S. New York City, particularly, stood out with a 16.6 per cent, the highest since 2019.

Average Daily Rate 52

Average Daily Rate Occupancy Scale Hotels 52

Cloudbeds

MARCH 20, 2023

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. And it all starts with hotel market segmentation. What is hotel market segmentation? Use booking data to determine which market segments to target.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

Little Hotelier

AUGUST 29, 2023

Hotel investments come in many shapes and sizes. It could be that you’re buying a hotel business or investing in one you already own through things like property extensions and renovations, hotel marketing, employee training and hotel software. Your occupancy rates? Your direct bookings?

ROI 98

ROI Average Length of Stay Hotels Revenue 98

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.

Average Daily Rate 52

Average Daily Rate Occupancy Pipeline Hotels 52

SiteMinder

DECEMBER 4, 2023

What are hotel industry statistics? Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. million people.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

Hotelogix

OCTOBER 14, 2023

Average Daily Rate or ADR The Average Daily Rate or ADR is a popular KPI for hotel industry. The ADR is the average rate at which each room at the hotel was sold on a given day. It is calculated by taking the Average room revenue and dividing it by the total number of rooms sold.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

SiteMinder

JULY 13, 2024

The best strategists do not set a static figure; timely and effective pricing strategies adjust rates in real-time based on current demand, ensuring that your property can maximise revenue during peak times and maintain or grow occupancy during quieter periods. Revenue management strategy 2.

Revenue Management 98

Revenue Management Revenue Management OTA 98

Hotelogix

MAY 1, 2025

👉 Read Also - Managing a Hotel? Here’s Why You Need Cloud Management Software Should Independent Hotels Use Bidding Sites? Recent industry data shows this risk-reward balance remains relevant – according to CoStar's latest data through April 5, 2025, hotels are seeing a modest 0.8% despite a slight 0.6%

Occupancy 45

Occupancy OTA Average Daily Rate Overbooking 45

eZee Absolute

MAY 13, 2024

For instance, if the report shows a surge in last-minute bookings for a specific weekend, revenue managers can raise rates to earn more on the high demand and vice versa. Flash Report Flash Report presents the summary of hotel performance metrics. No, it’s no magic crystal ball.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Little Hotelier

FEBRUARY 25, 2024

Visit website Hotel Marketing Strategist Hotel Marketing Strategist was founded by Opal Gibson, an 18-year veteran of the hospitality industry who brings senior executive experience in the fields of sales, marketing and revenue management.

Revenue Management 52

Revenue Management Revenue Services Management 52

Cloudbeds

SEPTEMBER 18, 2024

For hotels, that involves collecting and analyzing data across various sources, including your hotel website, social media channels, online travel agencies (OTAs), surveys, and more. This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency.

Operations 40

Operations Revenue Management Occupancy Revenue 40

MBA Hotels

SEPTEMBER 12, 2018

Many analysts think there is still time in this extended market cycle before the next down turn. According to Hotel Management, “The hotel industry is predicted to grow comfortably through 2018 and for the next two years. However, restaurants can also be a money pit if not managed well.

Net Operating Income 40

Net Operating Income Closing Average Daily Rate Hotels 40

Up Hotel

SEPTEMBER 7, 2021

In this article, we’ll help you get to grips with what to look out for when choosing an agency in the hospitality sector, how hotel digital agencies can help you exceed your KPIs, as well as some great questions to ask during the selection process. That’s hotel marketing 101! If this sounds like you, then read on!

Digital Marketing 52

Digital Marketing Marketing Market OTA 52

Hotelogix

JANUARY 29, 2025

Real-time insights : Smart systems provide instant data on everything from occupancy rates to energy consumption, allowing for quick, informed decision-making. Occupancy sensors : Save energy and plan housekeeping better. Streamlined communication : No more playing telephone! Your room knows you better than you do!

Management 58

Management Hospitality Hotels Services 58

MediaBoom

AUGUST 6, 2024

Hotel branding is about creating a unique identity and emotional connection that sets your hotel apart. It’s the essence of your hotel, reflected in everything from your logo to the guest experience. Hotel marketing is about promoting your hotel’s products and services to attract guests.

Branding 92

Branding Hotels Services Marketing 92

SiteMinder

JANUARY 8, 2024

A core aspect of hotel management includes managing your room inventory and reaching desired occupancy rates; however, you could also be ensuring that everything is in order for your guests or organising staff and cleaning schedules. Offset the rate by taking a high deposit to limit the number of cancelled bookings or no-shows.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

A core aspect of hotel management includes managing your room inventory and reaching desired occupancy rates; however, you could also be ensuring that everything is in order for your guests or organising staff and cleaning schedules. Offset the rate by taking a high deposit to limit the number of cancelled bookings or no-shows.

Operations 52

Operations Management OTA Hotels 52

Cloudbeds

OCTOBER 17, 2024

By strategically analyzing revenue booked, occupancy rates, acquisition costs, and guest segments, hotels can build an advanced distribution strategy that delivers real value. These include: Occupancy rate – which channels contribute most to occupancy?

OTA 76

OTA Occupancy Hotels Revenue 76

Xotels

MAY 30, 2025

I lived and breathed Average Daily Rate (ADR) and Occupancy. Including being a key stakeholder and contributor to the hotel marketing strategy. ” Moment The Bottom Line The Old Guard: Yield Management My First Love (and Obsession) Lets start with the granddaddy, the OG: Yield Management.

Yield Management 52

Yield Management Revenue Management Revenue Management 52

Hotelier Magazine

MARCH 13, 2025

TORONTO Global commercial real-estate advisor, Avison Young, has released its annual Canadian Hotel Market Report , featuring a review of 2024 and an outlook for 2025. Highlights include: Major Canadian markets recorded nearly $1.3 This is the highest transaction volume since 2017, exceeding the 10-year average of $1 billion.

Hotel Marketing 52

Hotel Marketing Average Daily Rate Marketing Market 52

AskSuite

MARCH 26, 2025

Maximizing hotel occupancy during off seasons requires data-driven forecasting, personalized communication, AI-powered solutions, and strategic partnerships. By leveraging tech tools, hotels can implement competitive strategies year-round.

Occupancy 52

Occupancy Revenue Forecasting Average Daily Rate 52