Hotelogix

NOVEMBER 28, 2024

  Let's explore how market segmentation can become your hotel's greatest competitive advantage through five essential aspects:  Understanding the basics  Identifying profitable segments Customizing services Implementing targeting strategies Measuring success. 

Hotel Marketing

Cloudbeds

JANUARY 22, 2025

This helps hotel management focus on improving controllable factors like: Staffing levels Pricing strategies Food and beverage (F&B) costs Guest services Financing and investments For independent hotels or groups looking to sell, acquire, or refinance, EBITDAR provides a reliable measure of value and future potential.

Revenue

Hotel Speak

APRIL 2, 2025

trillion by 2025, growing at a rate of 9.9% Travelers increasingly expect hotels to go beyond traditional spa services by offering personalized, high-tech wellness experiences that align with their health goals. annually, according to the Global Wellness Institute (Global Wellness Institute, 2023).

Hospitality

SiteMinder

DECEMBER 17, 2024

With a GDS like Amadeus youll see at least five key outcomes: Access to high-value travellers that includes those who book mid-week and spend more: This will allow you to combat traditional seasonality and help you maximise average daily rate (ADR) as well as boost the profit from every individual booking.

Global Distribution System

SiteMinder

JULY 20, 2025

Guests should get that same reliable Wi-Fi and flexible service whether they stay in Sydney or Singapore. Technology that syncs rates, availability and content across channels keeps the story straight and avoids brand-damaging surprises. For multi-property operators, consistency is vital.

Branding

Hotel Speak

FEBRUARY 11, 2025

Historically, hotel performance has been measured by room-based metrics such as Revenue per Available Room (RevPAR), Average Daily Rate (ADR), and occupancy. This reduces service friction, minimises manual errors, and creates a unified ecosystem where guest interactions are streamlined across all touchpoints.

Hospitality

Hotelogix

DECEMBER 19, 2024

Happier Guests: Know your customers better and shape your services to fit their wants.   For instance: Staff Scheduling: Make the best use of your workforce based on expected occupancy and demand. Smoother Operations: Spot and fix problems in your work process. Edge Over Rivals: Get ahead of other hotels by seeing new trends.

Business

Hospitality Today

JUNE 11, 2025

Muted occupancy growth : Projected occupancy is 63.1%, up just 0.1 ADR (Average Daily Rate) : Expected to increase 0.8% With à la carte services and curated experiences, Airbnb blurs the line between rentals and hotels, challenging the industry to adapt or fall behind. to $160.30, down from a 1.3%

Forecasting

Hospitality Tech

JUNE 12, 2025

“Through intelligent, enterprise-grade solutions, we’re helping hotels run smarter, deliver faster service and create more personalized guest experiences at scale. In tandem, Simphony Cloud POS is helping optimize in-room dining service and restaurant operations, helping improve efficiency and modernize the ordering process.

Operations

Hotelogix

FEBRUARY 17, 2025

The key to higher occupancy rates and maximized revenue ? This has hotels balance higher occupancy levels with the use of OTAs. Hotels listing on specialized platforms often see a 20% higher ADR (Average Daily Rate). Global Distribution Systems (GDS) – Used mainly for corporate travel bookings.

OTA

Xotels

JULY 8, 2025

You have thought out an amazing concept delivering unparalleled guest service. Reach an annual occupancy of 90%”). Explain which features will be meeting the needs and wants of these main segments when thinking of: Location Amenities Services. What are your service standards? It’s like a road map to the opening.

Business

Hotelogix

APRIL 16, 2025

Guests today aren't just looking for a place to stay—they're seeking experiences that resonate, services that anticipate their needs, and efficiency that makes their journey seamless. Meanwhile, nationwide hotel occupancy reached 67.5% What does this mean for you as a new hotelier ?

Management

SiteMinder

MARCH 16, 2025

A hotel operations manager is responsible for overseeing the day-to-day functions of a hotel, ensuring seamless coordination between departments, maintaining high service standards, and optimising overall efficiency. With occupancy rates projected to increase by 2.5% What is a hotel operations manager?

Operations

Hotel Management

JUNE 15, 2023

This development trend towards luxury boutique/lifestyle hotels delivers on experience, amenity, design aesthetic and service. 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).

Hotel Marketing

Hotel Management

FEBRUARY 20, 2024

According to JLL’s analysis, the most sought-after hotel assets will continue to be irreplaceable luxury properties, as well as those in the select-service and extended-stay sectors. 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

Hotel Management

JANUARY 8, 2024

As the brand expands to destinations such as Bali, Penang, Sydney and Frankfurt, Ascott has evolved the brand to deliver a “multifaceted hospitality experience” with flexible typologies that range from co-living accommodation and city hotels to full-service resorts. “In

Average Daily Rate

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

Hotelier Magazine

MAY 28, 2024

WASHINGTON — After four consecutive months of year-over-year declines, Canada’s hotel industry reported an increase in occupancy, according to CoStar’s April 2024 data. April 2024 (percentage change from 2023): Occupancy: 64 per cent (up 2.7 per cent) Average Daily Rate (ADR): CA$188.39 (up 5.1 per cent above 2023.

Occupancy

Hotelier Magazine

JULY 26, 2024

WASHINGTON — Canada’s hotel industry achieved continued performance gains through Average Daily Rate (ADR), according to CoStar’s June 2024 data. June 2024 (percentage change from 2023) Occupancy: 74.5 per cent) Average Daily Rate (ADR): $231.04 (up 3.7 per-cent decrease in transient rates.

Average Daily Rate

Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? 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?’ Which is it?

Revenue Management

Hotel Speak

JANUARY 25, 2024

With rising inflation across the world, it’s not surprising that the average daily rate has risen, but it didn’t deter reservations in 2023. The data is another proof point that occupancy levels have more than stabilized, making for a meaningful rise in RevPAR for our customers,” said Matt Welle, Mews CEO.

Average Daily Rate

Hotel Management

AUGUST 8, 2024

Just four months after its initial soft-opening, SO/ Maldives reached an occupancy of almost 60% in February, and expected average daily rates (ADR) in the region of US$750-$850 for 2024. As a result, ADR for the group’s cluster of Maldivian properties is expected to rise 15%-20% this year, compared to 2023.

Resorts

Fuel Travel

MARCH 28, 2024

Look at strategies to optimize guest spending via add-ons, services, and amenities. It is a key indicator of a hotel’s performance as it measures both occupancy rates as well as average daily room rates. RevPAR = Average Daily Rate (ADR) x Occupancy Rate (%).

Revenue

Little Hotelier

MARCH 23, 2023

What is occupancy rate? Occupancy rate determines how full your hotel is at any given time. Your property’s occupancy rate is one of the most important indicators of success. What is the formula for occupancy rate? Why is occupancy rate important?

Occupancy

Boutique Hotel News

APRIL 4, 2023

The data, produced by Hotstats and analysed by RSM UK, shows that average daily rates (ADRs) of occupied rooms have increased from £121.74 (January) to £128.94 (February) in the UK and from £185.43 UK hotel occupancy rates were up from 56.1 Occupancy levels are yet to reach pre-pandemic volumes of 69.6

Average Daily Rate

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

STAAH

APRIL 16, 2024

In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service. An RMS should provide detailed insights into key performance metrics such as Room Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), occupancy rates, booking pace, and revenue forecasts.

Revenue Management

Little Hotelier

OCTOBER 17, 2024

In this guide we’ll take a closer look at accounting for hotel industry businesses including the best hotel accounting software, and whether you should be taking care of it yourself, advertising for hotel accounting jobs, or capitalising on third-party hotel accounting services. Little Hotelier helps you manage finances seamlessly.

Average Daily Rate

Hotelier Magazine

AUGUST 29, 2023

. — Canada’s hotel industry reported its highest Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) for any month on record, according to CoStar’s July 2023 data. In addition to the monthly ADR and RevPAR levels, Canada’s occupancy level was its highest since August 2022. per cent to 75.6 per cent), down 1.8

Average Daily Rate

Little Hotelier

AUGUST 12, 2024

A few key hotel efficiency metrics that you should be tracking include: Average daily rate : ADR is the average revenue earned per occupied room per day. Maximising ADR helps a hotel increase revenue without needing to increase occupancy.

Average Daily Rate

SiteMinder

MAY 16, 2023

Additional data from SiteMinder’s Hotel Booking Trends indicated that the average length of stay is also on the rise, with 2022 recording longer stays than previous years. This was particularly true for Spain in summer, which had the longest average stay length in August.

Average Length of Stay

Hotelogix

JULY 18, 2024

Hotel forecasting, also known as hotel demand forecasting, is a strategic process that predicts future demand for hotel rooms and services based on historical data, market trends, and various influencing factors. It involves forecasting key metrics such as demand, occupancy, average daily rate, and RevPAR (revenue per available room).

Forecasting

Little Hotelier

FEBRUARY 25, 2024

Another common strategy utilised in hotel revenue management consulting is to identify other potential revenue streams, from value-adding services, to new target markets, to opportunities to upsell and cross-sell. An investment in hotel revenue management services is therefore one that can quickly deliver an attributable return.

Revenue Management

Hotelogix

OCTOBER 17, 2024

KPIs such as the Net Promoter Score (NPS) and customer satisfaction ratings provide valuable insights into what guests think about their experience. Driving Revenue Growth: Financial KPIs like Revenue Per Available Room (RevPAR) and Average Daily Rate (ADR) are essential for tracking your hotel’s financial health.

Average Daily Rate

Amadeus Hospitality

OCTOBER 18, 2023

Group bookings are calculated using occupancy and average daily rate (ADR). Each factor is averaged to provide a final index score, ensuring a more accurate overall performance assessment. The third quarter of this year shows the top 25 U.S. markets have recovered 99.1%

Average Daily Rate

SiteMinder

OCTOBER 9, 2023

These metrics encompass a wide range of areas, from financial figures like revenue per available room (RevPAR) and average daily rate (ADR) to operational aspects such as occupancy rates and guest satisfaction scores. It can be calculated by multiplying your average daily rate by your occupancy rate.

Average Daily Rate

Amadeus Hospitality

MAY 23, 2023

As of May 6, 2023, Amadeus Demand360 ® data reveals on-the-books global hotel occupancy for June has reached 32%, trending above the 2022 and 2021 figures for the same month and standing just three points behind occupancy levels seen in 2019.

Travel