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Hotel industry statistics: Guide for hotels

SiteMinder

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.

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5 best revenue management consulting companies and services

Little Hotelier

The company provides advice and solutions to accommodation providers who are looking to increase their income through pricing and sales efficiency gains. PJ’s boasts a dedicated department of online sales experts, and can take total control of a hotel’s sales arm if a business so chooses.

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Australia’s Hotel Industry – Into 2023 and Beyond 

Inn Quest

Revenue is forecast to have an annual CAGR of 1.85% between now and 2027. 23% of bookings are currently made offline. 91% of total revenue will be generated through online sales by 2027, reaching a market volume of US$7.27 According to Tourism Australia, there were 2.2