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Occupancy vs ADR, the Never Ending Discussion in Revenue Management

Hospitality Net

Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy?

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U.S. hotel commentary - August 2024

Hospitality Net

hotel revenue per available room (RevPAR) rose 3.9% Growth was driven by average daily rate (ADR), which increased 2.3%. For the first time since February, the ADR increase was nearly equal to the monthly rate of inflation (2.5%). year over year (YoY) in August, following a lackluster July.

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STR Weekly Insights: 29 September – 5 October 2024

Hospitality Net

hotel performance for the period ending 5 October 2024 showed the effects of Rosh Hashanah and Columbus Day/Indigenous Peoples Day calendar shifts as well as the impact of Hurricane Helene. Revenue per available room (RevPAR) dropped 7.7% year over year with average daily rate (ADR) retreating 4.4%

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Hotel Signings Remain Strong in India Despite Slow May – India Report

Skift Blog

Skift Take: We're always talking about growth in India, and the hotel industry has had a significant number of branded signings and openings this year. But in May, there was a significant decline in average daily rates and revenue per available room compared to April.

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PwC Manhattan Lodging Index: Q2 2024

Hospitality Net

The rate of growth in occupancy, average daily rate (“ADR”) and revenue per available room (“RevPAR”), while robust, continued to decelerate. Luxury hotel occupancy benefitted from increased demand, while ADR growth levels for lower priced properties continued to show significant improvements.

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Canadian Hotel Industry Experiences Unprecedented Occupancy Drop

Hotelier Magazine

WASHINGTON — According to data from CoStar, September 2024 marked the first month-over-month decline in occupancy for Canadian hotels since January of the same year. The overall occupancy rate was 74 per cent, a decrease of 1.8 Despite this dip in occupancy, the Average Daily Rate (ADR) increased by 2.6

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STR Weekly Insights: 25-31 August 2024

Hospitality Net

revenue per available room (RevPAR) increased for the seventh consecutive week, boosted by both average daily rate (ADR) and occupancy. Group demand in luxury and upscale hotels rose for the seventh straight week as well. In the week ending 31 August 2024, U.S.