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 Occupancy for the year was raised 0.1 WASHINGTONCoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. percent and +1.8 percent, respectively.

Forecasting 147

Forecasting Average Daily Rate Occupancy Tourism 147

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

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

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. Occupancy in this segment reached close to 78%. An uptick in Australian visitors to New Zealand has helped drive a 2.9%

Average Daily Rate 165

Average Daily Rate Travel Occupancy Accommodation 165

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

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

Hotel Management

FEBRUARY 27, 2025

Australias hotel sector is on track for a full recovery by the end of 2025, with all major cities recording occupancy growth, according to new CBRE data. 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%

Average Daily Rate 130

Average Daily Rate Occupancy Pipeline Tourism 130

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 Market Marketing 264

Hotel Business

NOVEMBER 15, 2024

This revision reflects a 40-basis point (bps) decrease in expected occupancy compared to the prior forecast, with occupancy anticipated to decline by 30 bps year-over-year. The average daily rate (ADR) is expected to increase by 0.7%, a reduction of 40 bps from earlier projections. decline in occupancy.

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

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. However, the occupancy rate was slightly lower at 57.7 The ADR for February was $189.27, a 4.2-per-cent

Average Daily Rate 59

Average Daily Rate Occupancy Revenue Hotels 59

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

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 Market Marketing 162

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

eZee Absolute

FEBRUARY 4, 2025

In fact, concert-goers often flood the local hotel market, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand. This large influx of attendees, many traveling from neighboring countries, led to a 45% spike in hotel occupancy compared to regular weekends.

Occupancy 52

Occupancy Events Average Daily Rate Tourism 52

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

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 Market Marketing Average Daily Rate 52

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

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 Market 245

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 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 66

Average Daily Rate Hospitality Scale Market 66

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 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 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

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 87

Occupancy Average Daily Rate Hotels Market 87

STAAH

APRIL 29, 2025

With consumer behaviours evolving, and the lines between tech platforms, marketing, and operations blurring, a modern strategy goes far beyond just listing rooms on online travel agents (OTAs). A drop below 30% occupancy? Your rates drop automatically to drive last-minute bookings, across all OTAs. And timing matters.

Revenue 86

Revenue Management OTA Average Daily Rate 86

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 66

Average Daily Rate Services Travel Business 66

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

Hotelier Magazine

SEPTEMBER 26, 2024

WASHINGTON — Canada’s hotel industry recorded its highest occupancy level for any month since August 2018, according to CoStar’s August 2024 data. August 2024 (percentage change from 2023) Occupancy: 79.7 per cent) Average Daily Rate (ADR): $235.85 (up 3.6 August 2024 (percentage change from 2023) Occupancy: 79.7

Occupancy 59

Occupancy Average Daily Rate Hotels Revenue 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

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. Overall occupancy levels remained flat, increasing by just 0.1 per cent year-over-year. per cent of revenue.

Average Daily Rate 52

Average Daily Rate Occupancy Hotels Revenue 52

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

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

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 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

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

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