Hotel Management

JUNE 6, 2023

The occupancy projection for this year was lowered 0.2% from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5% downgrade in occupancy coupled with a 0.7% and 1.3%, respectively. For 2024, a 1.4%

Forecasting 264

Forecasting Average Daily Rate Occupancy Tourism 264

Hotel Management

APRIL 22, 2024

During the Santos Tour Down Under, between January 12-21, hotel occupancy reached 78.1%, while revenue per available room (RevPAR) increased 11.4% Over the three-week period of the Adelaide Festival, March1-17, alongside Adelaide Fringe, which ran from February 16 – March 17, hotel occupancy was up 6% yoy to 82.5%. yoy to AU$191.25.

Occupancy 130

Occupancy Average Daily Rate Events Scale 130

STAAH

APRIL 29, 2025

With more channels, shifting guest expectations, and tighter margins, the Channel Manager is now central to commercial strategy. Its not just about where youre listed, its about how well you manage, price, and promote across every touchpoint. Rethinking the Role of a Channel Manager 3. Choosing and Managing Your Channel Mix 8.

Revenue 84

Revenue Management OTA Average Daily Rate 84

Hotel Management

JUNE 29, 2023

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

Hotel Management

JANUARY 16, 2024

Helped by a New Year’s Eve Sydney’s hotel industry, Sydney’s hotel industry recorded its highest monthly average daily rate (ADR) on record, according to December preliminary data from property analytics platform CoStar. In December 2023, Sydney hotels achieved occupancy of 77.1%, up 9.9% increase year over year.

Average Daily Rate 130

Average Daily Rate Occupancy Closing Revenue 130

Hotel Management

JUNE 11, 2024

Crowne Plaza Fiji Nadi Bay will host an AHICE networking event and site tour Wilkinson pointed to Fiji’s tourism boom and growth in average daily rates and occupancy levels at hotels across the country, which have been on the rise since the end of 2021 as Australians, Kiwis and Americans head to the island nation in record numbers.

Average Daily Rate 260

Average Daily Rate Tourism Events Resorts 260

Hotel Management

JUNE 18, 2024

We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. The post Exclusive: Tourism Fiji CEO Brent Hill talks record results in a thriving market appeared first on Hotel Management. Register now for AHICE Fiji Islands Investment in Tourism Summit.

Tourism 264

Tourism Average Daily Rate Marketing Market 264

Hotel Management

SEPTEMBER 14, 2023

Occupancy levels for the month of August were reported to be 80.7%, a 26.0% year-over-year increase, while the Average daily rate (ADR) was AU$261.83, up 9.0%. Daily data shows the highest occupancy level in Sydney (94.8%) was seen on Wednesday August 16, the day of the Australia vs. England semifinal.

Average Daily Rate 130

Average Daily Rate Occupancy Hotels Revenue 130

Hotel Speak

APRIL 18, 2025

But a lot of hoteliers have gotten stuck in a loop of constantly slashing prices, offering direct channel discounts, OTA promotions, and special rate packages to drive occupancy. The problem is, this can actually hurt your brand, lower rate integrity, and compress margins. That feels way more special, right?

Revenue 94

Revenue Average Daily Rate Revenue Management Hotels 94

Hotel Management

FEBRUARY 20, 2024

In short, they largely do, which could spell another strong year for Southeast Asia’s hotel industry from both an occupancy and investment point of view. While still early days in 2024, high-rate growth in recent years and occupancies continuing to rise should sustain interest in Southeast Asia hotels.

Real Estate 245

Real Estate Average Daily Rate Occupancy Marketing 245

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. Table of contents. What is hotel ADR? Why is ADR important in the hotel industry?

Average Daily Rate 52

Average Daily Rate Upsell Occupancy Revenue 52

Hotel Management

JANUARY 8, 2024

The newly-operational properties have displayed strong results since opening, with the Tokyo property, which opened at the end of November 2023, achieving a higher-than-expected average daily rate, surpassing anticipated occupancy, and achieving high guest reviews.

Average Daily Rate 264

Average Daily Rate Accommodation Scale Branding 264

Hotel Management

JULY 4, 2023

The average occupancy rate for commercial accommodation increased across all states and territories in Australia in 2022 and was 65% on average across the year higher than in the past two years, which averaged 43% and 47%, but below the rate of 74% in 2019.

Average Daily Rate 147

Average Daily Rate Revenue Accommodation Occupancy 147

Xotels

APRIL 2, 2025

So, Im calling the mistakes out Here are 5 brutal revenue management mistakes I see hotels make all the time as a CEO of a revenue management consulting firm. Too much focus on only Occupancy or your average room rate, will erode your business. Static rates prevent you from reaching your full revenue potential.

Revenue Management 52

Revenue Management Revenue Management Average Daily Rate 52

Hotel Speak

JUNE 4, 2024

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? I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back.

Revenue Management 61

Revenue Management Occupancy Revenue Average Daily Rate 61

Hotel Management

FEBRUARY 13, 2024

Demand for leisure and business travel across most key markets drove strong rate growth, with group-wide average daily rate (ADR) increasing by 10% compared with the previous year. billion appeared first on Hotel Management. The post Major result for Minor Hotels as group hits record global revenue of US$3.4

Revenue 130

Revenue Average Daily Rate Occupancy Hotels 130

Hotelogix

APRIL 30, 2025

Average Daily Rate (ADR): Average daily rate can be used to calculate the average rate at which occupied rooms are booked and is immensely useful to identify performance over time by drawing a comparison between the current and previous periods or seasons.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Market Penetration Occupancy 52

Hotel Speak

MAY 23, 2025

Yet, despite the scale, much of the market still relies on on-premises property management systems. RMS focused on Tier 1 and Tier 2 cities like New Delhi (NCR), Mumbai, Bangalore and Pune, where the average daily rate sits between 5,000 and 20,000 and occupancy rates can reach 70%.

Average Daily Rate 66

Average Daily Rate Hospitality Scale Marketing 66

Hotel Management

OCTOBER 17, 2024

Average daily rates (ADRs) in Asia Pacific are up 19% in local currencies versus the last cyclical peak in 2018-2019, according to JLL with most markets still having room to increase occupancy back to pre-pandemic highs “given strong business travel offsetting some pull back in leisure travel”.

Average Daily Rate 130

Average Daily Rate Occupancy Forecasting Hotels 130

Amadeus Hospitality

JUNE 5, 2025

Notable growth rates include a 9.3% Market level hotel occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR) across various regions are also detailed in the report.

Tourism 52

Tourism Marketing Market Average Daily Rate 52

Hotel Management

OCTOBER 24, 2023

Sydney’s hotel market is the top performer nationally with occupancy above 75%, an average daily rate (ADR) above AU$300 and revenue per available room (RevPAR) above AU$200, according to STR and Colliers. 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

Xotels

MAY 30, 2024

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? I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

STAAH

APRIL 16, 2024

One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). 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

Skift Blog

AUGUST 21, 2024

Skift Take: India's hotel industry has gaps and enough potential to warrant significant growth over the next few years. But whether the players will be able to capitalize is a different question altogether. Bulbul Dhawan Read the Complete Story On Skift

Average Daily Rate 306

Average Daily Rate Hotels Occupancy Hospitality Management 306

Hotelogix

NOVEMBER 7, 2024

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. A loyalty program can encourage guests to keep coming back, which boosts your occupancy rate. Average Daily Rate (ADR): What's the average price per room per night?

Hotel Sales 52

Hotel Sales Revenue Sales OTA 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? Why is revenue management important for the hotel industry?

Revenue Management 98

Revenue Management Revenue Management OTA 98

Amadeus Hospitality

JUNE 18, 2025

Reliable and up-to-date data is more critical than ever for the effective management of tourism and to be better prepared in an ever-evolving tourism landscape.” Over the same period the Average Daily Rate (ADR) increased from $198.32 across the region. Over the same period ADR increased from $197.77 to $200.74.

Travel 69

Travel Average Daily Rate Tourism Occupancy 69

SiteMinder

JUNE 12, 2024

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. For hotels, the ultimate aim of yield management is to increase revenue by leveraging the balance between supply (available rooms) and demand (guest bookings).

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Hotelogix

APRIL 16, 2025

Meanwhile, nationwide hotel occupancy reached 67.5% in 2023/24—the highest in a decade—with average daily rates hitting an all-time high of ₹8,055. A robust cloud-based Property Management System (PMS) doesn't just streamline your operations—it transforms them.

Management 52

Management Revenue Management Revenue Average Daily Rate 52

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 104

Average Daily Rate Revenue Travel Upsell 104

Little Hotelier

MARCH 23, 2023

What is occupancy rate? Occupancy rate determines how full your hotel is at any given time. Your property’s occupancy rate is one of the most important indicators of success. What is the formula for occupancy rate? Why is occupancy rate important?

Occupancy 52

Occupancy Average Daily Rate Revenue Management Revenue 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. As a result, ADR for the group’s cluster of Maldivian properties is expected to rise 15%-20% this year, compared to 2023.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

Hotel Management

AUGUST 15, 2024

For more information on AHICE Far East Asia, including the latest program, visit the website at: [link] The post AHICE Far East Asia set for sold-out Tokyo debut amid Japan’s tourism and hospitality boom appeared first on Hotel Management. “In Japanese Yen, ADR for the 12 months to June compared with 2019 is up 32%.

Tourism 130

Tourism Hospitality Average Daily Rate Events 130

Hotel Speak

JULY 19, 2024

Whether you accept transient or group business to your hotel is more than just a revenue management question. It’s also a risk management question. And what is the philosophy of the hotel, the ownership, the general manager, and other stakeholders? especially if your comp set is trending ahead on occupancy on the books.

Revenue 84

Revenue Management Revenue Management Average Daily Rate 84

Fuel Travel

MARCH 28, 2024

Navigating the complex world of revenue management requires innovative solutions. While dedicated revenue management software is a component of this process, all of your technology must work together to increase your bottom line. RevPAR = Average Daily Rate (ADR) x Occupancy Rate (%).

Revenue 92

Revenue Average Daily Rate Occupancy Digital Marketing 92

SiteMinder

MARCH 16, 2025

What is a hotel operations manager? A hotel operations manager is responsible for overseeing the day-to-day functions of a hotel, ensuring seamless coordination between departments, maintaining high service standards, and optimising overall efficiency. trillion in 2023, the demand for skilled operations managers has never been higher.

Operations 52

Operations Management General Manager Hotels 52

Boutique Hotel News

APRIL 4, 2023

The data, produced by Hotstats and analysed by RSM UK, shows that average daily rates (ADRs) of occupied rooms have increased from £121.74 (January) to £128.94 (February) in the UK and from £185.43 UK hotel occupancy rates were up from 56.1 Occupancy levels are yet to reach pre-pandemic volumes of 69.6

Average Daily Rate 97

Average Daily Rate Consumer Occupancy Hotels 97