Hospitality Tech

JUNE 12, 2025

This fundraise comes on the heels of a $50M Series C raise announced 12 months ago and caps off an impressive year of growth marked by major partnerships with Best Western, Aimbridge Hospitality, Marriott, Wyndham, TUI Hotels & Resorts, and others.

Operations 52

Operations Services Scale Hospitality 52

Xotels

JULY 8, 2025

Reach an annual occupancy of 90%”). Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. Competitive Analysis A study of your local competition or global concept competitors, with each of their strengths, weaknesses, occupancy rates and market share ( SWOT analysis ).

Business 98

Business Hotels Revenue Management Revenue 98

SiteMinder

MARCH 16, 2025

With the global hotel and resort industry valued at $1.5 With occupancy rates projected to increase by 2.5% In a highly competitive industry, even small improvements in service quality can lead to higher occupancy rates and repeat bookings.

Operations 52

Operations Management General Manager Hotels 52

Hotel Management

JUNE 11, 2024

At the 2024 Summit, taking place on July 3-4 across four key resorts, attendees can expect evocative keynotes world-class panels, data dumps, global speakers and supported by some of the world’s leading hotels, chains and suppliers. View the 2024 program here.

Average Daily Rate 260

Average Daily Rate Tourism Events Resorts 260

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. Now is definitely the right time for investment in Fiji.

Tourism 264

Tourism Average Daily Rate Market Marketing 264

Hotel Management

AUGUST 8, 2024

S Hotels and Resorts, the international hospitality company from Singha Estate recently celebrated the grand opening of SO/ Maldives , the third lifestyle resort at Crossroads Maldives, the Indian Ocean’s first and only fully-integrated leisure destination.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

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 265

Average Daily Rate Accommodation Scale Branding 265

Hotel Management

OCTOBER 24, 2023

Sydney’s hotel market is the top performer nationally with occupancy above 75%, an average daily rate (ADR) above AU$300 and revenue per available room (RevPAR) above AU$200, according to STR and Colliers. 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

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

AUGUST 15, 2024

With a focus on hotel and resort operations and investment, AHICE provides a platform for industry leaders to connect, learn, and collaborate. “The launch of AHICE Far East Asia marks a significant milestone for the Japanese hotel industry,” said James Wilkinson, AHICE Group President.

Tourism 130

Tourism Hospitality Average Daily Rate Events 130

Xotels

MAY 30, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? Occupancy or ADR? So what is it, Occupancy or Average Room Rate (ARR)? It boils down to something like this: ‘But if we would do 5% lower occupancy, at a 5% higher ADR, would we not make more profit?’

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

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

Hotel Speak

AUGUST 13, 2024

From searching to booking, guests are influenced by an average of 38 websites before making a reservation. Therefore, ensuring it’s easy for guests to book, whether direct or through third parties, is paramount to fulfilling a successful occupancy strategy and higher Average Daily Rate (ADR) goal.

Revenue 104

Revenue Sales OTA Average Daily Rate 104

Hotel Management

JULY 3, 2024

A bumper crowd of over 330 leading owners, investors, operators, suppliers and advisors were at the Sofitel Fiji Resort and Spa this week (Jul 3-4) for the 2024 AHICE Fiji Islands Investment in Tourism Summit , where record performance numbers were the talk of the major conference. Then again, it’s even hotter than you thought.

Tourism 113

Tourism Average Daily Rate Resorts Market 113

Amadeus Hospitality

NOVEMBER 12, 2024

When asked to rate their top business objectives that are driving technology investment, 41% of hoteliers cited their desire to increase occupancy. Survey respondents also said data fragmentation (33%), data efficiency (32%), and data integrity (30%) are among the biggest challenges faced in business intelligence today.

Business 52

Business Average Daily Rate Hospitality Ancillary Revenue 52

SiteMinder

APRIL 11, 2024

Performance metrics : Regularly monitor key performance indicators (KPIs) for your listings, such as occupancy rates, average daily rates (ADR), booking lead times, and guest satisfaction scores. As a result, we have been able to increase both our ADR and occupancy rates.”

Dining 98

Dining Hotels Average Daily Rate Target Marketing 98

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. markets has already recovered by 99.1% markets has already recovered by 99.1%

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

Hotelier Magazine

JULY 9, 2024

By Nicole Di Tomasso According to Avison Young’s Canada Hotel Market Report, Canada’s hotel industry demonstrated a strong recovery in 2023, surpassing pre-pandemic levels in key performance indicators (KPIs) such as Average Daily Rate (ADR), Revenue Per Available Room (RevPAR) and occupancy. per cent (up 7.7

Average Daily Rate 52

Average Daily Rate Occupancy Pipeline Hotels 52

Hotel Speak

JULY 19, 2024

They realize that the earlier they book the lower the rates are going to be. If group business has a lower average daily rate (ADR) than transient, which it always does, do you put the group on the books in advance and sell the remaining rooms to transient at a higher rate? They can be ambitious with their rates.

Revenue 83

Revenue Management Revenue Management Average Daily Rate 83

Cloudbeds

MAY 31, 2023

For the hotel business, rate shopping is an integral part of a dynamic pricing strategy , providing valuable insights into competitor rates. By monitoring market pricing intelligence, hotels can stay apprised of opportunities to flex pricing power, increase ADR (average daily rate), and lower pricing to increase occupancy.

Shopping 52

Shopping Revenue Management Average Daily Rate Revenue 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 Revenue Average Length of Stay 59

MBA Hotels

OCTOBER 15, 2019

Occupancy remains high overall, though around zero growth nationally. Average daily rate is the main driver of revenue per available room (RevPAR) growth. Big waves were made recently by the planned merger of two of the largest third-party management companies, Aimbridge Hospitality and Interstate Hotels and Resorts.

Average Daily Rate 52

Average Daily Rate Forecasting Revenue Management 52

SiteMinder

MARCH 13, 2025

Heather Minyard, Director of Commercial Strategy Smoky Mountain Resorts Read more Hotel feasibility study example As an example, lets say you think youve found the ideal location to build a hotel, or discovered an existing building that you believe could make an amazing hotel.

Average Daily Rate 52

Average Daily Rate Market Research Target Marketing Hotels 52

Inn Quest

MARCH 23, 2023

But where are we now? Currently, Australia’s hotels and resorts industry is worth $1.3 The result was increased occupancy, which continued throughout the year and along with an increase in average daily rates. billion and is expected to grow by 13.3% in 2023 (IBISWorld). since last year (IBISWorld).

Forecasting 52

Forecasting Tourism Average Daily Rate Hotels 52

Hotelogix

JANUARY 29, 2025

Whether you manage a boutique inn or a luxury resort, these innovations will redefine hospitality. Real-time insights : Smart systems provide instant data on everything from occupancy rates to energy consumption, allowing for quick, informed decision-making. Occupancy sensors : Save energy and plan housekeeping better.

Management 58

Management Hospitality Hotels Services 58

Cloudbeds

OCTOBER 11, 2024

Although it doesn’t capture financial transactions directly, it provides key metrics like revenue per available room (RevPAR), Average Daily Rate (ADR), and rate trend forecasts. With hotels using an average of 20-30 tech vendors, there is a lot of data to keep straight. Revenue management system.

Forecasting 52

Forecasting Revenue Hotels Average Daily Rate 52

MediaBoom

AUGUST 6, 2024

A family-friendly resort reinforces its brand promise of fun and relaxation through dedicated kids’ clubs, water parks, and family-oriented entertainment. Key metrics to track include brand awareness , guest satisfaction , social media engagement , and revenue-related KPIs like average daily rate (ADR) and occupancy rate.

Branding 98

Branding Hotels Services Market 98

Catala Consulting

AUGUST 30, 2022

For example, there are luxury hotels, boutique hotels, all-inclusive hotels, casino properties, spas, and lifestyle resorts. More so, it is worthy of note that SWOT analysis varies depending on the type and size of the hotel. Every hotel has its own business mission, essential marketing, and unique selling proposition.

Hotels 52

Hotels Average Daily Rate Business Revenue 52

SiteMinder

JANUARY 8, 2024

Accommodation and Lodging The accommodation sector encompasses a broad range of lodging options from hostels and caravan sites to luxurious resorts and boutique hotels. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR).

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

Accommodation and Lodging The accommodation sector encompasses a broad range of lodging options from hostels and caravan sites to luxurious resorts and boutique hotels. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR).

Operations 52

Operations Management OTA Hotels 52

Cloudbeds

MARCH 16, 2023

The report highlights the following insights: Average Daily Rate (ADR) & Occupancy Among independent properties, hotel rates increased slightly from 2019 to 2020 and continued to grow in 2021 and 2022. In 2022, ADR exceeded the 2019 ADR by 17%.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

Xotels

MAY 30, 2025

I lived and breathed Average Daily Rate (ADR) and Occupancy. Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. ” Moment The Bottom Line The Old Guard: Yield Management My First Love (and Obsession) Lets start with the granddaddy, the OG: Yield Management.

Yield Management 52

Yield Management Revenue Management Revenue Management 52