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 277

Average Daily Rate Occupancy Revenue Hotels 277

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

APRIL 21, 2025

According to Colliers Hotels New Zealand Hotel Market Snapshot for Q1, based on information from Hotel Data New Zealand, revenue per available room (RevPAR) was up 6.5% This follows a record average daily rate of NZ$673 that was reached on 31 December 2024. to NZ$239 in Queenstown for the year ending 31 March.

Average Daily Rate 130

Average Daily Rate Occupancy Tourism Forecasting 130

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. CBRE has revised its forecast for 2023 revenue per available room (RevPAR) to $97.89, up 6.0 percent year-over-year, and an increase of $0.43 from its previous forecast.

Forecasting 264

Forecasting Average Daily Rate Occupancy Revenue 264

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 That level combined with an ADR of $573 would result in revenue per available room (RevPAR) of $504.

Average Daily Rate 278

Average Daily Rate Forecasting Occupancy Revenue 278

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. can result in a stable revenue stream.

Revenue 93

Revenue Average Daily Rate Revenue Management Hotels 93

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

increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2% 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. decline in occupancy. CBRE now forecasts a 0.5%

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

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

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 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 182

Forecasting Average Daily Rate Occupancy Tourism 182

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 per-cent rise. per cent, a 0.5-per-cent

Average Daily Rate 59

Average Daily Rate Occupancy Revenue Hotels 59

STAAH

APRIL 29, 2025

Advanced Strategies to Maximize Revenue a. Dynamic Pricing: Real-Time Revenue Optimization c. Todays winners in hospitality are those who use tools like a Channel Manager not only to sync availability but to maximize revenue, streamline operations, and build a resilient digital strategy. A drop below 30% occupancy?

Revenue 84

Revenue Management OTA Average Daily Rate 84

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

Lodging

MAY 16, 2025

DALLAS, TexasCBRE forecasted that revenue per available room (RevPAR) will grow modestly in 2025, driven by the continued outperformance of urban locations benefiting from increased group and business travel, as well as a projected rise in demand for drive-to and regional leisure destinations. CBRE projected a 1.3

Forecasting 147

Forecasting Average Daily Rate Occupancy Revenue 147

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

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

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 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%.

Occupancy 130

Occupancy Average Daily Rate Events Scale 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 Management

JULY 4, 2023

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

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 147

Forecasting Average Daily Rate Occupancy Tourism 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

FEBRUARY 13, 2024

Minor Hotels recorded 450% core net profit growth in 2023 compared to the previous year, after reaching a new full-year core revenue record of THB 121.4 Revenue was up 25% on 2022 figures with topline total system sales reaching THB 157 billion (approx. The post Major result for Minor Hotels as group hits record global revenue of US$3.4

Revenue 130

Revenue Average Daily Rate Occupancy Hotels 130

Hotelogix

NOVEMBER 7, 2024

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. By encouraging guests to book directly through your website, you can keep more of the revenue and build stronger relationships with your guests.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

Hotel News Resource

JUNE 6, 2025

hotels experienced a downturn in occupancy, average daily rate, and revenue per available room. Hotel Industry Faces Challenges With Declines in Key Performance Metrics for the Week Ending 31 May - For the week ending May 31, 2025, U.S.

Average Daily Rate 40

Average Daily Rate Occupancy Revenue Hotels 40

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%. Revenue per available room (RevPAR) was AU$211.19 in the month of August, representing a 37.3% year-over-year increase.

Average Daily Rate 130

Average Daily Rate Occupancy Hotels Revenue 130

Hotel Management

FEBRUARY 20, 2024

Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. 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.

Real Estate 245

Real Estate Average Daily Rate Occupancy Market 245

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

Xotels

APRIL 2, 2025

Ive been in the revenue game for 20+ years, and let me tell you nothing grinds my gears like watching hotels leave money on the table. So, Im calling the mistakes out Here are 5 brutal revenue management mistakes I see hotels make all the time as a CEO of a revenue management consulting firm. Not because of the market.

Revenue Management 52

Revenue Management Revenue Management Average Daily Rate 52

Hotel Business

OCTOBER 18, 2023

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% Q3 data shows that 13 of the top markets have recovered 100% of group revenue, including: Tampa 116.8%

Revenue 122

Revenue Average Daily Rate Events Business 122

Hotel News Resource

AUGUST 22, 2023

The rate of growth in occupancy, average daily rate and revenue per available room decelerated considerably in Q2, with room rate fatigue effecting growth in the higher-priced hotel categories.

Average Daily Rate 98

Average Daily Rate Occupancy Revenue Hotels 98

Hotel News Resource

MAY 22, 2025

hotel industry's weekly report up to 17th May shows a slight decrease in occupancy but an increase in average daily rate (ADR) and revenue per available room (RevPAR).

Average Daily Rate 45

Average Daily Rate Occupancy Revenue Hotels 45

eHotelier

MARCH 21, 2023

Sydney WorldPride 2023 drove the market’s hotel average daily rate (ADR) and revenue per available room (RevPAR) above pre-pandemic levels, while occupancy remained slightly below 2019, according to preliminary data from STR.

Average Daily Rate 96

Average Daily Rate Occupancy Revenue Hotels 96

Hotel News Resource

AUGUST 26, 2024

The rate of growth in occupancy, average daily rate (ADR) and revenue per available room (RevPAR), while robust, continued to decelerate. Luxury hotel occupancy benefitted from increased demand, while ADR growth levels for lower priced properties continued to show significant improvements.

Average Daily Rate 80

Average Daily Rate Occupancy Revenue Hotels 80

Amadeus Hospitality

MARCH 20, 2025

The research shows these features could add around 12% to the average daily rate (ADR) charged by the hotel, which could increase revenues by over $5,300 per room*, per year, for an average mid-range hotel chain looking to sell these extra features. The channels now driving travel are changing too.

Average Daily Rate 65

Average Daily Rate Services Travel Business 65