Hospitality Net

MAY 1, 2023

STR’s global “bubble chart” update through 15 April 2023 shows continued improvement in the Asia Pacific region and more than half of global markets with better than 20% growth in revenue per available room (RevPAR) versus 2019.

Average Daily Rate 170

Average Daily Rate Occupancy Revenue Market 170

Lodging

OCTOBER 19, 2023

markets have recovered 99.1 Group bookings are calculated using occupancy and average daily rate (ADR). ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. The third quarter of this year shows the top 25 U.S.

Average Daily Rate 299

Average Daily Rate Business Hospitality Occupancy 299

Hospitality Net

FEBRUARY 5, 2024

increase in average daily rate (ADR). Occupancy sat at 56.2%, essentially matching the same week last year, down just 0.2 hotels saw big year-over-year (YoY) gains with revenue per available room (RevPAR) up 4.8%, driven entirely by a 5.1% percentage points (ppts).

Average Daily Rate 183

Average Daily Rate Occupancy Events Revenue 183

Hospitality Net

MARCH 21, 2024

Canada’s hotel industry reported a third consecutive month of occupancy declines but continued growth in average daily rate (ADR), according to CoStar’s February 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Average Daily Rate 137

Average Daily Rate Real Estate Occupancy Hotels 137

Hospitality Net

JANUARY 25, 2024

The fourth quarter of 2023 demonstrated that group business in 10 of the top markets in the U.S. Group bookings are calculated using occupancy and average daily rate (ADR). has recovered 110 percent compared to the same time in 2019.

Average Daily Rate 189

Average Daily Rate Business Hospitality Occupancy 189

Lodging

NOVEMBER 20, 2023

HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. Recent RevPAR trends demonstrate that rate continues to be the primary driver of performance. Occupancy was downgraded slightly (by 0.2

Forecasting 290

Forecasting Average Daily Rate Occupancy Tourism 290

Lodging

JANUARY 26, 2024

markets has recovered 110 percent compared to the same time in 2019. Group bookings are calculated using occupancy and average daily rate (ADR). ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index.

Average Daily Rate 182

Average Daily Rate Business Occupancy Events 182

Hospitality Net

OCTOBER 18, 2023

markets have recovered 99.1 Group bookings are calculated using occupancy and average daily rate (ADR.) The third quarter of this year shows the top 25 U.S. percent for group business compared to the same time in 2019.

Average Daily Rate 170

Average Daily Rate Business Hospitality Occupancy 170

Hospitality Net

NOVEMBER 22, 2023

Each report includes occupancy (Occ), average daily rate (ADR), and revenue per available room (RevPAR) for six major markets. HVS and STR are pleased to provide you with the quarterly report of the Canadian Lodging Outlook.

Average Daily Rate 130

Average Daily Rate Occupancy Revenue Market 130

Hotel Management

JUNE 15, 2023

As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market.

Hotel Marketing 276

Hotel Marketing Average Daily Rate Market Marketing 276

Hospitality Net

DECEMBER 11, 2023

hotel occupancy reached 54.2%, an expected increase of 4.8 Average daily rate (ADR) increased 0.8% RevPAR decrease for the market. RevPAR decrease for the market. Moving past Thanksgiving, U.S. percentage points (ppts) compared to the prior week but down 0.9 ppts versus last year.

Average Daily Rate 147

Average Daily Rate Occupancy Market Marketing 147

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

Amadeus Hospitality

MARCH 21, 2024

Data suggests average daily rates (ADR) have also increased significantly because of the eclipse, averaging $170 more than the same day last year. Currently, rates will hit a high of $404 in Burlington which is 183% more than the same day in 2023.

Occupancy 90

Occupancy Average Daily Rate Hotels Market 90

Hospitality Net

AUGUST 4, 2023

year-over-year drop in occupancy. The average daily rate (ADR) increased by 2.6% Leisure markets remained the strongest RevPAR performers relative to 2019; however, Q2 RevPAR declined from last year in several of them, including West Palm Beach, Savannah, Phoenix and St. Petersburg.

Average Daily Rate 198

Average Daily Rate Occupancy Hotels Revenue 198

Hospitality Net

FEBRUARY 12, 2024

The rate of growth in occupancy, average daily rate (“ADR”) and revenue per available room (“RevPAR”), while strong, continued to decelerate as the market moves on a path towards stabilization. 2023 RevPAR experienced a year-over-year increase of 16.5 percent, with Q3 seeing an increase of 13.6 percent.

Average Daily Rate 113

Average Daily Rate Occupancy Revenue Market 113

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 Market Marketing 64

Lodging

MAY 8, 2023

First quarter worldwide RevPAR grew 34 percent year over year, with meaningful gains in both occupancy and average daily rate. International markets were particularly robust, with RevPAR growth of 63 percent. Anthony Capuano, president and CEO, said, “We are off to a great start in 2023.

Average Daily Rate 162

Average Daily Rate Occupancy Travel Market 162

Hotelier Magazine

APRIL 25, 2023

In comparison to the same week in 2022, occupancy came in at 64.2 per cent); Average Daily Rate (ADR) came in at US$155.33 (up 4.7 Among the top 25 markets, Minneapolis saw the highest YOY increase in occupancy (up 17.4 Hotels Report Increase in Occupancy, says STR appeared first on Hotelier Magazine.

Occupancy 64

Occupancy Average Daily Rate Hotels Revenue 64

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 Market Marketing 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 Market Marketing 40

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. Thailand’s well-established and diversified hospitality market also looks attractive. Investment volume is expected at THB9-10 billion, close to the 10-year average volume of THB11.7

Real Estate 245

Real Estate Average Daily Rate Occupancy Tourism 245

Hotel Management

FEBRUARY 13, 2024

The results reflect the group’s strong financial performance across most key markets, particularly its hotel operations in Europe and Thailand where core revenue grew 25% and 65% respectively. “We Revenue was up 25% on 2022 figures with topline total system sales reaching THB 157 billion (approx.

Revenue 130

Revenue Average Daily Rate Occupancy Hotels 130

Hotel News Resource

FEBRUARY 12, 2024

The rate of growth in occupancy, average daily rate and revenue per available room, while strong, continued to decelerate as the market moves on a path towards stabilization. 2023 RevPAR experienced a year-over-year increase of 16.5 percent, with Q3 seeing an increase of 13.6 percent and Q4 being up 11.5

Average Daily Rate 75

Average Daily Rate Occupancy Revenue Market 75

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

Hotel News Resource

NOVEMBER 22, 2023

Each report includes occupancy (Occ), average daily rate (ADR), and revenue per available room (RevPAR) for six major markets. HVS and STR provide a quarterly report of the Canadian Lodging Outlook.

Average Daily Rate 59

Average Daily Rate Occupancy Revenue Market 59

Hotelier Magazine

MAY 2, 2023

Canada’s hotel occupancy was its highest since October 2022, according to STR’s March 2023 data. In comparison to 2019, occupancy came in at 62.6 per cent); Average Daily Rate (ADR) came in $177.72 (up 19.6 Among the provinces and territories, Manitoba recorded the highest March occupancy level (76.7

Occupancy 52

Occupancy Average Daily Rate Hotels Travel 52

Hotel Management

JULY 4, 2023

India, Singapore, United Kingdom and New Zealand were the fastest markets to return. 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

Hotel Management

OCTOBER 24, 2023

Real estate experts at Colliers claim the future is bright for hotel investment in Australia with traditional property investors eyeing the over AU$2 billion in assets on the market – 75% of which were listed in Q3 2023. 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

Fuel Travel

MARCH 28, 2024

It is a key indicator of a hotel’s performance as it measures both occupancy rates as well as average daily room rates. For hoteliers, maximizing RevPAR is essential for driving revenue growth and maintaining competitiveness in the market. RevPAR = Average Daily Rate (ADR) x Occupancy Rate (%).

Revenue 90

Revenue Average Daily Rate Occupancy Digital Marketing 90

Hotelier Magazine

MARCH 25, 2024

. — Canada’s hotel industry reported a third-consecutive month of occupancy declines but continued growth in Average Daily Rate (ADR), according to CoStar’s February 2024 data. February 2024 (percentage change from 2023): Occupancy: 58 per cent (down 1.6 The lowest occupancy among provinces was reported in P.E.I.

Average Daily Rate 59

Average Daily Rate Occupancy Hotels Market 59

Hotel Business

FEBRUARY 10, 2023

The market, also hosting the Phoenix Open this week, is projected for Friday through Sunday night occupancy of 94% and average daily rate (ADR) of $445. more supply in the market, a unique volume of demand is forecasted to push occupancy slightly higher than Phoenix’s last host year in 2015 (93.7%).

Forecasting 105

Forecasting Average Daily Rate Occupancy Consumer 105

Hotelier Magazine

JANUARY 25, 2024

WASHINGTON — Canada’s hotel Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) were the highest for any year on record, according to CoStar’s 2023 data. In 2023 (percentage change from 2022): Occupancy: 65.7 In 2023 (percentage change from 2022): Occupancy: 65.7 per cent (up 7.7 per cent (up 7.7

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Consumer 52

Hotelier Magazine

NOVEMBER 22, 2023

In comparison to the same week in 2022, occupancy came in at 64.8 per cent); Average Daily Rate (ADR) came in at US$156.01 (up four per cent); and Revenue Per Available Room (RevPAR): came in at US$101.13 (up 4.9 Among the top 25 markets, Denver saw the largest YOY occupancy lift (up nine per cent to 69.3

Average Daily Rate 59

Average Daily Rate Occupancy Hotels Revenue 59

Hotel News Resource

APRIL 17, 2023

Both cities rely heavily on event and MICE-driven demand, which is evident in their occupancy index. Barcelona's occupancy recovery has generally outpaced Madrid's, but not by much.

Average Daily Rate 52

Average Daily Rate Occupancy Tourism Events 52

Amadeus Hospitality

JANUARY 29, 2024

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. According to Amadeus data, average daily rate (ADR) in the top destination of Jinghong is $320 USD, an 8% increase from the week of Chinese New Year 2023.

Average Daily Rate 64

Average Daily Rate Occupancy Hotels Travel 64

Hotel Business

OCTOBER 18, 2023

markets have recovered 99.1% Group bookings are calculated using occupancy and average daily rate (ADR.) Q3 data shows that 13 of the top markets have recovered 100% of group revenue, including: Tampa 116.8% The third quarter of this year shows the top 25 U.S. New York City 111.2%

Revenue 122

Revenue Average Daily Rate Events Business 122

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. In addition to the monthly ADR and RevPAR levels, Canada’s occupancy level was its highest since August 2022. per cent to 75.6 per cent), down 1.8

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Hotels 52