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 299

Average Daily Rate Business Hospitality Occupancy 299

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 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% lift in ADR meant a RevPAR downgrade of 0.6%.

Forecasting 264

Forecasting Average Daily Rate Occupancy Tourism 264

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

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

Lodging

MAY 8, 2023

First quarter worldwide RevPAR grew 34 percent year over year, with meaningful gains in both occupancy and average daily rate. The lifting of travel restrictions throughout Asia Pacific, particularly in Greater China, significantly boosted first-quarter demand in the region.

Average Daily Rate 162

Average Daily Rate Occupancy Market Marketing 162

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

JUNE 18, 2024

We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. In a world where tourists are increasingly seeking authentic, meaningful travel, with easy access, Fiji continues to tick the box. Register now for AHICE Fiji Islands Investment in Tourism Summit.

Tourism 264

Tourism Average Daily Rate Market Marketing 264

Amadeus Hospitality

JUNE 5, 2025

Amadeus, a leading provider of travel technology solutions, and UN Tourism , have released a new report with comprehensive data on travel in Asia Pacific. Notable growth rates include a 9.3% About the data : All data in this report comes from Amadeus Travel Intelligence.

Tourism 52

Tourism Market Marketing Average Daily Rate 52

Amadeus Hospitality

MARCH 20, 2025

Originally published on Amadeus Insights New research from Amadeus shows that social media ads and travel influencers are key channels now driving trip decisions March 20, 2025 – New research from technology innovators Amadeus explores what travelers are looking for from a trip and how technology can make those ambitions come true.

Average Daily Rate 66

Average Daily Rate Services Travel Business 66

Hotel Management

FEBRUARY 20, 2024

Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. This trend is spurred by increasing global wealth and the ongoing convergence of living and traveling, respectively. In 2023, two consistent headlines emerged. Do these themes play out closer to home?

Real Estate 245

Real Estate Average Daily Rate Occupancy Market 245

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 Management

JANUARY 8, 2024

Lyf – based on the concept of ‘live your freedom’ – targets next-generation travellers including digital nomads, tech start-ups and creatives. Lyf Bugis Singapore “Lyf was first created for the next-generation traveller and has gained strong traction since its debut with Lyf Funan Singapore in 2019.

Average Daily Rate 264

Average Daily Rate Accommodation Scale Branding 264

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. Seasonal travel trends. Traveller behaviour changes.

Average Daily Rate 52

Average Daily Rate Upsell Occupancy Revenue 52

Hotel Management

JULY 4, 2023

The long-term outlook for Australia’s visitor economy remains bright, despite the impact of interest rate rises and lower household savings rates in the near term, but a full recovery may take until 2025, according to Tourism Research Australia’s 2022 State of the Industry report. Australia welcomed 3.4

Average Daily Rate 147

Average Daily Rate Revenue Accommodation Occupancy 147

Amadeus Hospitality

JUNE 18, 2025

Joint report with UN Tourism highlights growing popularity of Azerbaijan, Kazakhstan and Czech Republic June 18, 2025 – A host of emerging destinations in Western and Central Asia are catching the eye of international travelers this year, as demand for thought-provoking travel continues to rise. across the region.

56

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STAAH

APRIL 29, 2025

With consumer behaviours evolving, and the lines between tech platforms, marketing, and operations blurring, a modern strategy goes far beyond just listing rooms on online travel agents (OTAs). A drop below 30% occupancy? Your rates drop automatically to drive last-minute bookings, across all OTAs. No more repetition.

Revenue 86

Revenue Management OTA Average Daily Rate 86

Hotelier Magazine

FEBRUARY 10, 2025

Overall occupancy levels remained flat, increasing by just 0.1 Growth was largely driven by higher Average Daily Rates (ADR), which outpaced inflation. Demand from transient travellers and weekday business travel remained stable, helping to offset weaker group and weekend demand. travel is anticipated.

Average Daily Rate 52

Average Daily Rate Occupancy Hotels Revenue 52

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. 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. For the U.S.

Average Daily Rate 103

Average Daily Rate Revenue Travel Upsell 103

Hotel Management

OCTOBER 17, 2024

Average daily rates (ADRs) in Asia Pacific are up 19% in local currencies versus the last cyclical peak in 2018-2019, according to JLL with most markets still having room to increase occupancy back to pre-pandemic highs “given strong business travel offsetting some pull back in leisure travel”.

Average Daily Rate 130

Average Daily Rate Occupancy Forecasting Hotels 130

Hotel Management

FEBRUARY 13, 2024

Demand for leisure and business travel across most key markets drove strong rate growth, with group-wide average daily rate (ADR) increasing by 10% compared with the previous year. Group-wide RevPAR rose 22% versus 2022, with Thailand reporting 73% growth and Europe and Americas reporting a 26% increase.

Revenue 130

Revenue Average Daily Rate Occupancy Hotels 130

Amadeus Hospitality

DECEMBER 10, 2024

Unique Amadeus business intelligence data reveals substantial growth in hotel occupancy over the end of year holidays, with the Caribbean and Asia Pacific at the top of the list December 10, 2024 – As the holiday season approaches, hoteliers are preparing for a surge of travelers seeking warmer climates this year.

Average Daily Rate 83

Average Daily Rate Occupancy Travel Market 83

Hospitality Today

JUNE 11, 2025

While inbound international business travel remains a bright spot, domestic demand appears uneven. Muted occupancy growth : Projected occupancy is 63.1%, up just 0.1 ADR (Average Daily Rate) : Expected to increase 0.8% year-over-year decline in Q2 RevPAR, citing "significant deceleration" in travel demand.

Forecasting 40

Forecasting Average Daily Rate Occupancy Hotels 40

Hotel Business

OCTOBER 18, 2023

Group bookings are calculated using occupancy and average daily rate (ADR.) Optimism for improving corporate travel – Reflecting the potential upward trajectory of business travel, there are promising signs as the negotiated segment inches closer to pre-pandemic levels. markets have recovered 99.1%

Revenue 122

Revenue Average Daily Rate Events Business 122

Hotel Management

OCTOBER 24, 2023

“Hotels are emerging as a preferred property investment sector, as new market entrants are drawn to conditions of easing supply, high room rates and the return of international travel,” said Colliers Head of Hotel Transactions, Karen Wales. billion by end of year.”

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Accommodation 130

Hotel Speak

APRIL 2, 2025

Todays travelers, especially wellness-conscious guests, are no longer satisfied with basic amenities. 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.

Hospitality 72

Hospitality Average Daily Rate Travel ROI 72

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 69

Average Daily Rate Occupancy Hotels Consumer 69

Hotelogix

NOVEMBER 7, 2024

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. Maximize Direct Bookings to Reduce Dependence on OTAs When guests book through Online Travel Agents (OTAs) like Booking.com or Expedia, hotels often have to pay hefty commission fees, sometimes up to 20%.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

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 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 130

Resorts Average Daily Rate Retail Forecasting 130

Fuel Travel

MARCH 28, 2024

Travel is up, but so are guest expectations. 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 (%). What factors affect RevPAR?

Revenue 92

Revenue Average Daily Rate Occupancy Digital Marketing 92

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 52

Occupancy Average Daily Rate Revenue Management Revenue 52

Hotel Speak

FEBRUARY 11, 2025

With travel and tourism in Asia Pacific (APAC) projected to grow at a compound annual growth rate (CAGR) of 4.10% from 2025 to 2029 – reaching an estimated market volume of US$358.70 With that in mind, it’s an opportune time for hotel operators to reassess their revenue strategies to capitalise on the influx of travellers.

Hospitality 66

Hospitality Average Daily Rate Revenue Services 66

Cloudbeds

MARCH 27, 2025

As labor shortages persist and travelers become increasingly price-sensitive, 2025 is emerging as the year of optimizing performance with hostel operators under pressure to improve efficiency and profitability. Key findings from the 2025 report include: Dorms saw year-over-year occupancy growth in 2024, while private rooms dropped.

Average Daily Rate 40

Average Daily Rate OTA Cancellation Market Share 40

Hotelier Magazine

MARCH 12, 2024

The report reveals robust recovery and remarkable resilience across major Canadian markets, surpassing pre-pandemic levels in Average Daily Rate (ADR), Revenue Per Available (RevPAR) and occupancy.

Hotel Marketing 64

Hotel Marketing Average Daily Rate Market Marketing 64

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