Amadeus Hospitality

MAY 22, 2025

Several international and domestic hotel brands in mainland China have been reporting lower occupancy and average daily rates (ADRs) in 2024. The post Amadeus and AMT partner to help Chinese hotels increase their occupancy appeared first on Amadeus Hospitality.

Occupancy 105

Occupancy Average Daily Rate General Manager Hotels 105

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. Hotel Performance During 2023 Percentage change from 2022:Occupancy: 63.0% (+0.6%)ADR: RevPAR: US$97.97 (+4.9%) The country’s occupancy level was its highest since 2019.

Average Daily Rate 275

Average Daily Rate Occupancy Revenue Hotels 275

Hotel Management

APRIL 21, 2025

This follows a record average daily rate of NZ$673 that was reached on 31 December 2024. In Wellington, occupancy and average daily rates are down due to the central Governments reduction in spending but we do not see this as a long-term shift and expect demand to bounce back in line with the broader New Zealand economy.

Average Daily Rate 130

Average Daily Rate Occupancy Tourism Forecasting 130

Lodging

OCTOBER 19, 2023

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

Average Daily Rate 296

Average Daily Rate Business Hospitality Occupancy 296

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 287

Forecasting Average Daily Rate Occupancy Tourism 287

Lodging

MAY 18, 2023

DALLAS—CBRE is again raising its forecast for hotel performance this year, as stronger-than-expected demand and more modest supply growth drive occupancy gains. The positive revision is predicated on a 65-basis-point (bps) increase in expected occupancy compared with the previous forecast issued in February 2023.

Forecasting 263

Forecasting Average Daily Rate Occupancy Revenue 263

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 276

Average Daily Rate Forecasting Occupancy Revenue 276

Hotel Management

MAY 15, 2025

star segment recorded a significant 22% year-on-year increase in Average Daily Rate (ADR) with rates averaging NZ$405 for these premium properties, driving the overall 15% rise ADR for the market. Occupancy in this segment reached close to 78%.

Average Daily Rate 165

Average Daily Rate Travel Occupancy Accommodation 165

Hotel Management

NOVEMBER 21, 2024

“There was positive demand growth, particularly across gateway cities Sydney and Melbourne, over the last 12 months although the Average Daily Rate (ADR) remained stagnant.

Market 130

Market Marketing Average Daily Rate General Manager 130

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 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

Hotel News Resource

MAY 21, 2025

hotel industry reported a slight decline in occupancy rates in April 2025, with average daily rates showing a modest increase. Article - U.S. Hotel Industry Records Mixed Performance in April 2025, CoStar Data Reveals - The U.S.

Average Daily Rate 79

Average Daily Rate Occupancy Hotels 79

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

Hospitality Tech

JUNE 12, 2025

Users will be able to track trends in occupancy, average daily rate (ADR), revenue per available room (RevPAR), and other essential metrics directly within their STR dashboard.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue 52

Lodging

JANUARY 26, 2024

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

Average Daily Rate 179

Average Daily Rate Business Occupancy Events 179

Lodging

JANUARY 23, 2024

For 2024, growth in average daily rate (ADR) was raised by 0.1 percentage points, while occupancy and revenue per available room (RevPAR) were unchanged from the previous forecast. HENDERSONVILLE, Tennessee—STR and Tourism Economics ​made minimal adjustments to growth projections in the first U.S.

Forecasting 179

Forecasting Average Daily Rate Occupancy Tourism 179

Hotel Management

JUNE 15, 2023

The continued recovery of inbound arrivals should provide relief to pressures placed on occupancy, particularly in the major gateway markets of Sydney and Melbourne (where most of the new supply will be delivered). In addition, the new wave of supply is anticipated to play a role in driving rate performance over the next two years.

Hotel Marketing 276

Hotel Marketing Average Daily Rate Market Marketing 276

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

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

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

Hotel News Resource

JUNE 6, 2025

April 2025 saw a generally positive trend in the hotel industry across the Asia Pacific, with 10 out of 16 major countries reporting growth in occupancy, average daily rate (ADR), and revenue per available room (RevPAR).

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 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 146

Forecasting Average Daily Rate Occupancy Revenue 146

Lodging

MAY 8, 2023

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

Average Daily Rate 159

Average Daily Rate Occupancy Market Marketing 159

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 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 News Resource

JUNE 26, 2025

Occupancy rates increased to 70.5%, marking a 1.3% The average daily rate (ADR) climbed by 2.0% rise from the same week in 2024. to $163.77, while revenue per available room (RevPAR) saw a 3.3% boost, reaching $115.39.

Average Daily Rate 45

Average Daily Rate Occupancy Revenue Hotels 45

Hotel News Resource

JUNE 12, 2025

During the week of June 1&7, 2025, hotel occupancy across the United States was 67.0%, a decrease of 3.2% The average daily rate (ADR) remained stagnant at $161.57, showing no year&over&year growth. from the same week in 2024.

Average Daily Rate 49

Average Daily Rate Occupancy Hotels 49

Lodging

JUNE 5, 2023

The occupancy projection for this year was lowered 0.2 percent from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5 percent and 1.3 percent, respectively. […] The post STR, TE Update 2023 U.S.

Forecasting 146

Forecasting Average Daily Rate Occupancy Tourism 146

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 News Resource

JUNE 2, 2025

hotels experienced slight declines in occupancy but increases in average daily rates and revenue per available room. For the week ending May 24, 2025, U.S.

Average Daily Rate 45

Average Daily Rate Occupancy Revenue Hotels 45

Hotel Management

JUNE 18, 2024

We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. 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.

Tourism 264

Tourism Average Daily Rate Market Marketing 264

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

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 News Resource

MAY 8, 2025

hotel industry reports year&over&year growth, with occupancy at 65.8%, the average daily rate at US$164.33, and revenue per available room at US$108.06.

Average Daily Rate 45

Average Daily Rate Occupancy Revenue Hotels 45

Hotel News Resource

NOVEMBER 19, 2024

hotel growth in 2024 shows downgraded projections for average daily rate (ADR), revenue per available room (RevPAR), and occupancy. The final forecast revision for U.S.

Average Daily Rate 92

Average Daily Rate Forecasting Occupancy Tourism 92

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 Market 245