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 Management

JULY 4, 2023

In 2022, total tourism spend in Australia surpassed the 2019 level, driven by the strong recovery in domestic travel which accounted for 91% of total spend in Australia in 2022, up from 77% in 2019. India, Singapore, United Kingdom and New Zealand were the fastest markets to return. Australia welcomed 3.4

Average Daily Rate 147

Average Daily Rate Revenue Accommodation Occupancy 147

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

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

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. For the U.S.

Average Daily Rate 76

Average Daily Rate Revenue Travel Upsell 76

Fuel Travel

MARCH 28, 2024

Travel is up, but so are guest expectations. 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.

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 Management

JANUARY 8, 2024

The Ascott Limited is expanding its co-living brand Lyf to new markets with the announcement of eight new property signings spanning city and resort locations across Europe and Asia Pacific. Lyf – based on the concept of ‘live your freedom’ – targets next-generation travellers including digital nomads, tech start-ups and creatives.

Average Daily Rate 264

Average Daily Rate Scale Accommodation Branding 264

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. 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

Cloudbeds

MARCH 21, 2024

The findings suggest hostels are outpacing other accommodations in terms of occupancy rates, while average daily rates (ADR) for private rooms have grown globally. Despite higher prices, consumers have demonstrated a determination to travel and a desire for distinctive experiences only hostels can provide. “As

Average Daily Rate 52

Average Daily Rate Occupancy Accommodation Travel 52

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

Cloudbeds

JANUARY 17, 2024

In 2023, the hospitality industry reached record-high ADRs as travelers from around the world got back out to explore, and lodging operators worked hard to keep up with demand (despite lingering staffing shortages). Capturing travelers’ attention will become even more important in 2024. 2024 hospitality marketing trends 1.

Hotel Marketing 98

Hotel Marketing Market Marketing Hotels 98

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. And today’s travelers have higher expectations than ever for more sustainable, personalized and flexible journeys. markets has already recovered by 99.1% markets has already recovered by 99.1% It’s been a very good year.

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

Hotelier Magazine

AUGUST 16, 2023

per-cent downgrade in occupancy growth. While that RevPAR growth remains above the long-term historical average, most of the increase was frontloaded to the early portion of the year. per-cent downgrade in occupancy. Average Daily Rate (ADR) was upgraded 0.1 per cent, due to a 0.6- per cent on a 0.5-per-cent

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

Amadeus Hospitality

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: 1. Tampa 116.8% The third quarter of this year shows the top 25 U.S. of 2019 levels.

Average Daily Rate 59

Average Daily Rate Business Revenue Hospitality 59

Hotelogix

JANUARY 30, 2024

In this context, reports are critical as they provide key insights into your hotel's operations, from housekeeping to finance, marketing, and guest preferences. They provide comprehensive insight into the financial facets of your operations, sales, and marketing efforts.

Occupancy 59

Occupancy Average Daily Rate Hotels Cancellation 59

Hotelier Magazine

DECEMBER 19, 2023

hotel occupancy reached 54.2 Average daily rate (ADR) increased 0.8 per cent RevPAR decrease for the market. per cent) as occupancy was flat to last year. The weekend and shoulder periods produced declines in both occupancy and ADR, resulting in RevPAR declines of 3.3 Moving past Thanksgiving, U.S.

Occupancy 52

Occupancy Average Daily Rate Hotels Market 52

Hotel Business

OCTOBER 20, 2023

Average daily rate +4.1% vs 2019; occupancy +4.1%pts Average daily rate +4.1% vs 2019; occupancy +4.1%pts Group-wide occupancy was 72%, just one percentage point behind 2019 which further confirms the near-complete return to pre‑Covid levels of demand. Occupancy was 72%, up 0.7%

Pipeline 110

Pipeline Average Daily Rate Occupancy Branding 110

Amadeus Hospitality

AUGUST 24, 2023

Originally published to Amadeus Insights By: Peter Waters, EVP Hotel Solutions, Hospitality, Amadeus Amadeus is passionate about travel and we know our partners are too. Our new report, Catalysts for Change: Building the Hospitality Ecosystem of the Future finds that travel is on the upswing.

Travel 52

Travel Average Daily Rate Marketing Strategy Occupancy 52

Amadeus Hospitality

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). It offers filters for event market segments and booking industries, empowering hoteliers, DMOs, and CVBs to adapt strategies effectively.

Average Daily Rate 59

Average Daily Rate Business Events Hospitality 59

eZee Absolute

MAY 13, 2024

An RMS is a comprehensive software solution designed to analyze various data points, including historical booking patterns, market demand, competitor pricing, and other factors that influence revenue generation for your hotel. For example: A hotel’s booking pace report for the upcoming month falls short of the occupancy target.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

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 79

Revenue Management Revenue Management Forecasting 79

Cloudbeds

FEBRUARY 26, 2024

Adam Harris, Co-Founder and CEO of Cloudbeds, said : “The outlook for the travel industry in 2024 looks rather encouraging, with economic forecasts shifting from fears of a global recession to expectations of a soft landing and moderate growth. With demand relatively flat, hotels will need to focus efforts on growing market share and RevPAR.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

SiteMinder

MAY 16, 2023

Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. It’s also projected that by 2035 there will be a billion digital nomads travelling the globe.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

Cloudbeds

MAY 8, 2024

Searching for demand patterns for your property is like traveling to the past and then going to the future to forecast how to set up your hotel for success. It also shows what type of guests are staying at your hotel and even what booking channels (direct, online travel agencies (OTAs), etc.) What is booking performance?

Cancellation 52

Cancellation Revenue Occupancy Revenue Management 52

Catala Consulting

MAY 17, 2024

These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue. Efficient handling of these situations ensures that the hotel maximizes its occupancy rates without compromising guest satisfaction.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Hotelogix

NOVEMBER 12, 2023

They help you understand percentage of rooms occupied, percentage of rooms occupied minus complementary and house use, average daily rate and total revenue of your hotel including POS,other charges, etc. You can run the report by check-in or checkout date.

Management 59

Management Occupancy Average Daily Rate Revenue 59

Cloudbeds

APRIL 30, 2024

Room price optimization is a catch-all term for the process of adjusting your prices in real-time based on various factors such as market demand and supply, competitor pricing, historical data, customer behavior, and market trends. Maximizing occupancy. Price optimization helps manage occupancy levels.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

SiteMinder

SEPTEMBER 6, 2023

These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway. While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. An occupied room, even at a discounted rate, is better than an empty one.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

SiteMinder

OCTOBER 10, 2022

Falling short of your competitors when it comes to guest experience, accommodation standards or your marketing and advertising strategy can quickly lead to lost revenue. is a hotel analytics company founded in 1985 as Smith Travel Research. Stay on top of your competitors and your market. Have similarly priced rooms.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Amadeus Hospitality

JUNE 27, 2023

The combined insights delivered by the Hospitality Group & Business Performance Index presents a unique overview of group travel activity in the United States. The insights provide a clear snapshot of hotel occupancy and booking trends, along with information on which sectors are meeting, group size, and the size of their meeting space.

Business 52

Business Hospitality Events Average Daily Rate 52

SiteMinder

OCTOBER 5, 2023

It offers a suite of tools that allow you to manage your Expedia listings across various online travel agencies (OTAs) that are part of the Expedia Group. It allows you to manage bookings, adjust nightly rates, availability, and streamline inventory management. A particularly useful feature is the rate management tool.

Average Daily Rate 59

Average Daily Rate Hotels Management OTA 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 Revenue 52

Little Hotelier

NOVEMBER 6, 2023

They get to the heart of what a hotel business is, and are critical to understand if you are to succeed in a competitive market. Market demand Most hotels see a spike in demand on weekends when compared to weekdays. Economic factors There will be periods of economic hardship when certain guests don’t have money to splurge on travel.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

Up Hotel

SEPTEMBER 7, 2021

When finding an agency to work with for your hotel’s digital marketing efforts, it can be really hard to know who exactly is the right fit for you. This will be perfect for hotel marketing managers, hotel owners, and anyone curious about hiring a digital agency for the first time. That’s hotel marketing 101!

Digital Marketing 52

Digital Marketing Market Marketing OTA 52