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

Hospitality Tech

JUNE 12, 2025

When our hotel partners dream of better service, smarter operations, or more delightful guest experiences, our team works hard to turn those dreams into reality with precision, scale and purpose.” “Canary’s scale and growth within the travel and hospitality sector are truly unprecedented,” said Kevin Magan, Partner at Brighton Park Capital.

Services

Hotelogix

APRIL 16, 2025

in 2023/24—the highest in a decade—with average daily rates hitting an all-time high of ₹8,055. 👉 Read Also - Motel vs. Hotel: 7 Key Factors for Smart Travelers The cloud-based PMS market for small and medium hotels is experiencing remarkable growth, with adoption rates increasing by 8.2%

Management

SiteMinder

APRIL 29, 2025

SiteMinders data further reveals that room rates have increased year-on-year in the lead-up to the final at Munichs Allianz Arena, with the average daily rate (ADR) for stays during the period climbing by 10% to 265, from 241 last year. nights, down from 1.83 nights over the same period in 2024.

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

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. market in particular, key findings include: Travel has recovered and tops pre-pandemic levels. Average occupancy in 2023 was 49.1%, a 3% increase YOY and 19% higher than 2019 levels.

Average Daily Rate

Cloudbeds

MARCH 23, 2023

These days, more consumers are going online to make purchases, and travel is no exception. For travelers, there’s a lot riding on vacations, including money, well-being, and precious leisure time. Travelers, therefore, tend to be extra careful when planning trips, visiting multiple travel sites, and comparing pricing and options.

OTA

Amadeus Hospitality

AUGUST 24, 2023

Originally published to Amadeus Insights By: Peter Waters, EVP Hotel Solutions, Hospitality, Amadeus Amadeus is passionate about travel and we know our partners are too. Our new report, Catalysts for Change: Building the Hospitality Ecosystem of the Future finds that travel is on the upswing.

Travel

Catala Consulting

MAY 17, 2024

Upselling and Cross-Selling Opportunities Effective Upselling Techniques Reception staff are in a prime position to upsell additional services and room upgrades. For instance, suggesting a room with a better view or additional amenities for a nominal fee can increase the average revenue per guest.

Revenue Management

Little Hotelier

NOVEMBER 6, 2023

An occupied room is almost always better than an empty room, but if you’re being regularly undercut you might face a high vacancy rate. Economic factors There will be periods of economic hardship when certain guests don’t have money to splurge on travel. There will also be good times when more people are travelling than ever.

Revenue

SiteMinder

JUNE 12, 2024

Distribution Management : Overseeing the various channels through which rooms are sold, such as direct bookings, online travel agencies (OTAs), or traditional travel agents. Pricing sensitivity Business travellers tend to be less price-sensitive than leisure travellers. in one day, week, or month.

Yield Management

SiteMinder

JULY 13, 2024

Inventory management Along with managing inventory per rate-type, inventory management considers how rooms are allocated across your booking channels, optimising the mix of direct bookings, online travel agency reservations (OTAs), traditional travel agents and everything in between. How do they book and travel?

Revenue Management

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

Average Daily Rate

Cloudbeds

DECEMBER 2, 2024

Going back to our example, once the forecast was updated and the hotel noticed a surge in demand compared to last year’s event, rooms had already been booked at lower-than-optimal rates, leaving revenue on the table. This forward-looking data (e.g., Note that Hotel A’s scale is double that of Hotel B.)

Forecasting

SiteMinder

OCTOBER 10, 2023

It’s especially important to prioritise data as a tool in the current era of hotel commerce where traveller demands are higher than ever. Do you know the percentage breakdown of guests in your hotel, between domestic travellers and international travellers? Table of contents Why is hotel data important?

Hotels

Cloudbeds

SEPTEMBER 18, 2024

For hotels, that involves collecting and analyzing data across various sources, including your hotel website, social media channels, online travel agencies (OTAs), surveys, and more. Third-party data includes everything gathered from partner channels, including online travel agencies and social media. Revenue management KPIs.

Operations

Cloudbeds

JUNE 5, 2024

There used to be a time when hotel revenue managers simply had to look at predicted demand and keep an eye on competitors’ rates to optimize pricing. When travelers booked a hotel room, they had no way of knowing the quality of the guest experience unless they had stayed at the hotel before or knew someone who had.

Revenue Management

Hotelogix

JANUARY 29, 2025

Seamless connectivity : From mobile check-ins to in-room voice assistants, technology is creating a frictionless stay for tech-savvy travelers. Here’s the scoop: Dynamic pricing strategies : AI-powered systems adjust rates in real-time based on demand, events, and competitor pricing, maximizing revenue per available room (RevPAR).

Management

SiteMinder

JANUARY 8, 2024

There are always new strategies, traveller preferences, or industry technologies emerging to keep track of. From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Alternate operations in hospitality often rely on the success of the travel and tourism sector.

Operations

SiteMinder

JANUARY 8, 2024

There are always new strategies, traveller preferences, or industry technologies emerging to keep track of. From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Alternate operations in hospitality often rely on the success of the travel and tourism sector.

Operations

SiteMinder

SEPTEMBER 6, 2023

These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway. This allows you to maintain or even increase your average daily rate (ADR). More and more customers are booking travel via mobile devices, according to recent research.

Overbooking

Cloudbeds

OCTOBER 17, 2024

When planning a trip, travelers browse dozens of properties across multiple websites before landing on their final pick. A basic strategy might involve listing your property on a few key online travel agencies (OTAs) like Airbnb and Booking.com and leaving it at that. That’s the essence of a hotel distribution strategy.

OTA