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

Lodging

JANUARY 29, 2025

For 2025, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were unchanged from the previous forecast, +1.6 WASHINGTONCoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2025 released at the Americas Lodging Investment Summit (ALIS).

Forecasting 147

Forecasting Average Daily Rate Occupancy Tourism 147

Lodging

JANUARY 29, 2024

HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. The market is projected for a Friday through Sunday night occupancy of 87.9 9-11, 2024, which would be the highest level for any Super Bowl weekend on record, according to STR.

Average Daily Rate 278

Average Daily Rate Forecasting Occupancy Revenue 278

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 Marketing Market 276

Lodging

JANUARY 18, 2024

hotel industry posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to 2023 data from CoStar. Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (up 8.8 WASHINGTON—The U.S. ADR: US$155.62 (+4.3%)RevPAR:

Average Daily Rate 277

Average Daily Rate Occupancy Revenue Hotels 277

Lodging

FEBRUARY 21, 2025

percent increase in RevPAR growth in 2025, with occupancy improving by 23 basis points and average daily rate (ADR) increasing by 1.6 CBRE forecasts a 2.0

Forecasting 179

Forecasting Average Daily Rate Occupancy Revenue 179

Hotel Management

MAY 15, 2025

The latest report, New Zealand Hotel Performance Focus, shows that this growth was achieved despite ongoing declines in key urban markets such as Auckland and Wellington. An uptick in Australian visitors to New Zealand has helped drive a 2.9% Occupancy in this segment reached close to 78%.

Average Daily Rate 165

Average Daily Rate Travel Occupancy Accommodation 165

Hotel Management

NOVEMBER 19, 2024

Properties equipped with aquatic attractions like water slides and play areas consistently outperform their counterparts in revenue metrics such as Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR). higher than regional averages.

Average Daily Rate 130

Average Daily Rate Revenue Hotels Resorts 130

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. hotel forecast revision of 2023.

Forecasting 290

Forecasting Average Daily Rate Occupancy Tourism 290

Hotel Management

JUNE 18, 2024

Since reopening, Fiji’s tourism sector has seen record volumes of visitor arrivals, in particular from our key source markets of Australia, NZ, North America and China. We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy.

Tourism 264

Tourism Average Daily Rate Marketing Market 264

Hotel Management

FEBRUARY 27, 2025

National occupancy rates sit at 71%, up 2% year-on-year, while average daily rate (ADR) remains stable at AU$240 and revenue per available room (RevPAR) is up 3.8% On the supply front, a total of 1,800 rooms were added to the market with delays and pipeline shifts pushing some planned hotel openings to 2025.

Average Daily Rate 130

Average Daily Rate Occupancy Pipeline Tourism 130

Hotel Management

MAY 8, 2024

Peak industry body Accommodation Australia (AA) has raised concerns over cuts to Victoria’s tourism marketing budget, saying the move will impact visitation to the state and ‘sends the wrong message’ to hotel investors. AA said that Visit Victoria typically receives AU$32.5

Tourism 264

Tourism Average Daily Rate Accommodation General Manager 264

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

Hotel Business

NOVEMBER 15, 2024

The average daily rate (ADR) is expected to increase by 0.7%, a reduction of 40 bps from earlier projections. RevPAR growth is expected to reaccelerate beginning in Q4 2024, supported by recent interest rate cuts, easing inflation and rising stock market trends.

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

Hotelier Magazine

NOVEMBER 4, 2024

. — The latest STR global update reveals that 77 per cent of international markets have seen year-on-year growth in hotel Revenue Per Available Room (RevPAR), marking a significant 14-point increase from the previous month. The Red Sea Resorts, Turkish Riviera, Istanbul, Mexico City, and Tokyo saw top market-level RevPAR growth.

Average Daily Rate 52

Average Daily Rate Hotel Marketing Marketing Market 52

Hotelier Magazine

APRIL 16, 2025

According to data from CoStar, Canadas hotel industry witnessed a record-breaking performance in February 2025, with the highest Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) for any February to date. Vancouver claimed the top spot among the major markets with an occupancy rate of 71.5

Average Daily Rate 59

Average Daily Rate Occupancy Revenue Hotels 59

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 Marketing Market 162

Amadeus Hospitality

MAY 8, 2025

Top overall health index markets include: St. percent In addition, the top growth markets specific to Group performance were New Orleans (156.4 percent increase in average daily rate (ADR) with ten consecutive quarters of growth. percent compared to 2024. percent Philadelphia 117.1 percent New Orleans 115.9

Events 74

Events Average Daily Rate Global Distribution System Business 74

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

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 CBRE projected a 1.3 percent year-over-year, respectively. This represents slightly softer […] The post CBRE Hotels Forecasts Modest RevPAR Growth in 2025 appeared first on LODGING Magazine.

Forecasting 147

Forecasting Average Daily Rate Occupancy Revenue 147

Hotel News Resource

JUNE 20, 2025

Overall, the industry saw a slight decline in occupancy and revenue per available room (RevPAR), despite a modest increase in the average daily rate (ADR).

Average Daily Rate 45

Average Daily Rate Occupancy Marketing Market 45

Hotel Management

JUNE 11, 2024

Leading figures in the South Pacific’s hotel and tourism industry will gather on Fiji’s Denarau Island for the inaugural AHICE Fiji Islands Summit , as the nation’s tourism market continues to thrive.

Average Daily Rate 260

Average Daily Rate Tourism Events Resorts 260

Amadeus Hospitality

JUNE 5, 2025

The Market Insights report – Asia & subregions offers in-depth insights into passenger traffic, hospitality market indicators, top-performing destinations, and new routes in the Asia Pacific region. Notable growth rates include a 9.3% Asia and the Pacific is a hugely dynamic and innovative region.

Tourism 52

Tourism Marketing Market Average Daily Rate 52

Hotel Management

FEBRUARY 20, 2024

Localized in Southeast Asia, RevPAR levels are just below 2019 levels by less than 2%, driven by high average daily rates (ADRs) as the market saw a shift in consumers’ willingness to pay for quality both product and experience. Thailand’s well-established and diversified hospitality market also looks attractive.

Real Estate 245

Real Estate Average Daily Rate Occupancy Marketing 245

Hotel Speak

APRIL 18, 2025

The cherry on top is that it preserves your average daily rate (ADR) while elevating the guest experience, satisfaction, and loyalty. Instead of putting discounts everywhere, you could create loyalty programs, offer member only rates, and offer bespoke incentives. That feels way more special, right?

Revenue 93

Revenue Average Daily Rate Revenue Management Hotels 93

Amadeus Hospitality

MARCH 20, 2025

Collaborating with Opinium Research, researchers questioned a combination of business and leisure travelers in six key markets USA, China, Germany, UK, France and India to deepen understanding of the end-to-end travel experience. Average daily rate worldwide in 2024 stood at $178, or $44,856 per annum.

Average Daily Rate 69

Average Daily Rate Services Travel Business 69

SiteMinder

DECEMBER 6, 2024

Additionally, hotels in most markets globally are enjoying a jump in their average daily rate (ADR) for the Christmas week, including those in Spain where the ADR has risen from 186.01 last year to 200.11 Among those most on the move that week will be British travellers.

Travel 93

Travel Average Daily Rate Revenue Accommodation 93

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 Accommodation Scale Branding 264

Hotel Speak

MAY 23, 2025

Breaking into the Indian hospitality tech market isnt easy. Yet, despite the scale, much of the market still relies on on-premises property management systems. This presents a clear opportunity for cloud-based providers: not just to grow with the market, but to replace the outdated systems that are already there.

Average Daily Rate 65

Average Daily Rate Hospitality Scale Marketing 65

Amadeus Hospitality

NOVEMBER 13, 2024

Percent All of the top 25 markets except San Francisco achieved an Index score over 100 percent, with Houston and Philadelphia reaching the highest scores for GDS performance. The top Group growth markets were New Orleans (152.6 Houston / 120.0 Percent New Orleans / 118.0 Percent Chicago / 114.8 Percent New York City / 112.1

Business 82

Business Average Daily Rate Global Distribution System Events 82

SiteMinder

APRIL 14, 2025

The data, comparing bookings at the same properties across nine markets 30 days before Easter in both 2024 and 2025, reveals not only stronger demand but travellers securing their accommodation earlier and increasingly looking beyond their home countries. Sydney, Australia Hotel bookings for the 2025 Easter holiday have risen by 16.8%

Accommodation 52

Accommodation Average Daily Rate Marketing Market 52

Hotel Management

MARCH 30, 2023

Choice Hotels Asia- Pac CEO Trent Fraser called it the “standout” performer in a strong year for the business saying it reflects the investment made in marketing during tough times. In 2022, Choice Hotels Australian RevPAR rose 31% on 2019, with average daily rates (ADR) up 10% on the same period.

Average Daily Rate 147

Average Daily Rate Global Distribution System Pipeline Marketing 147

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

Hotelogix

NOVEMBER 28, 2024

Ever wondered why some hotels consistently outperform their competitors, even in challenging market conditions? The secret often lies in their ability to master market segmentation - a strategy that's becoming increasingly crucial in today's diverse hospitality landscape. 

Hotel Marketing 40

Hotel Marketing Marketing Market ROI 40

Hotelier Magazine

FEBRUARY 10, 2025

TORONTO Canadas hotel investment market saw significant growth in 2024, with total transaction volume reaching $2 billion, a 16 per cent year-over-year increase, according to Colliers INNvestment Canada Hotel Report Q4 2024. Growth was largely driven by higher Average Daily Rates (ADR), which outpaced inflation.

Average Daily Rate 52

Average Daily Rate Occupancy Hotels Revenue 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. Las Vegas 114% San Diego 111.5%

Revenue 122

Revenue Average Daily Rate Events Business 122

STAAH

APRIL 16, 2025

Regularly reviewing reports – ideally every week or at least monthly – allows properties to align their strategies with market demand, promotional performance, and guest behavior. Channel Rates : See rate data across all distribution channels and identify where rate parity or optimization is needed.

Cancellation 68

Cancellation Average Daily Rate Revenue Marketing 68