Lodging

JANUARY 18, 2024

Travel Association released its biannual forecast for travel to and within the United States through 2027, showing that international inbound and domestic business travel will remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released after U.S. WASHINGTON—The U.S.

Travel 290

Travel Business Forecasting Tourism 290

Hotel Management

AUGUST 15, 2023

The global business travel market is now expected to reach 2019’s pre-pandemic levels by 2024, two years earlier than expected, following a year of significant gains over the last 12 months. Business travel spending is a key indicator, but how travel volumes will continue to rebound is yet to be seen,” she said. trillion by 2027.

Business 245

Business Travel Forecasting Services 245

Skift Blog

APRIL 26, 2023

Skift Take: Heathrow is expecting a busy few months as the coronation of Britain's King Charles in May adds a spike to expected passenger numbers. This news fuels the irony of the country's king declining one of the airport's terminals to be named after him due to environmental concerns.

Forecasting 299

Forecasting Business 299

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 CBRE projected a 1.3

Forecasting 147

Forecasting Average Daily Rate Occupancy Revenue 147

Hotel Business

MAY 16, 2025

CBRE forecasts a 1.3% increase in RevPAR for 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. CBREs forecast is predicated on an expected 1.4% year-over-year, respectively.

Forecasting 64

Forecasting Construction Occupancy Travel 64

Hotel Business

JUNE 12, 2025

Aptech has launched TVNG, its next-generation budgeting and forecasting solution for hotels. With the integration of actual data from PVNG, blended forecasts are available throughout the year to manage against budgets, identify trends and track the specific data needed to make changes to your plan.

Forecasting 59

Forecasting Management Closing Services 59

Anthony Cole Training

JUNE 7, 2024

1 business challenge for bankers will be growing their deposits. BAI’s forecast for financial services organizations’ deposit growth in the year ahead is negative, with a forecasted 2.4% Client retention as well as new customer acquisition are the focus. In fact, according to BAI Banking Outlook: 2024 Trends, “the No.

Forecasting 316

Forecasting Consumer Services Business 316

Hotel Business

NOVEMBER 15, 2024

hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE ’s latest forecast. CBRE now forecasts a 0.5% 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. “U.S.

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

Lodging

JUNE 20, 2023

According to American Express Global Business, during the third quarter of 2022, business travel reached 71% of pre-pandemic levels. Another report forecasted that […] The post Five Best Practices to Increase Market Share and Gain Loyal Guests for Resorts appeared first on LODGING Magazine.

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Market Share Resorts Marketing Market 299

Skift Blog

SEPTEMBER 19, 2024

Skift Take: It turns out that 2019 is no longer a good year to compare prices to. That should be a relief to anyone trying to explain why their travel budget looks so different now. Sean O'Neill Read the Complete Story On Skift

Travel 299

Travel Business Forecasting Events 299

Skift Blog

APRIL 29, 2025

The hotel giant maintained its optimistic outlook despite lingering economic uncertainties, particularly in the vital business travel segment. Skift Take: Hilton's latest results suggest travelers aren't hitting the brakes yet. Sean O'Neill Read the Complete Story On Skift

Forecasting 175

Forecasting Branding Travel Business 175

Hotel Management

JULY 10, 2025

Australia’s hotel sector is set to see a boom in business thanks to new international flight routes, with CBRE anticipating demand for up to 1.9 million room nights annually by the end of 2026. by the end of next year. “As

Occupancy 147

Occupancy Hotels Forecasting Pipeline 147

Hotel Management

FEBRUARY 25, 2025

The Asia Pacific region is reported to be the fastest-growing MICE market globally, with growth forecast at a CAGR of 10.0% Over the past 12 months, weve seen a notable uplift in meetings and events business across our hotels in the Pacific region, Williams told HM. from 2024 to 2030.

Events 130

Events Forecasting Business Marketing 130

Hotel Business

JANUARY 25, 2023

Meetings Recovery Forecast (MRF) and associated Top 25 U.S. Meetings Recovery Forecast (MRF25), meeting volume outperformed in Q4 2022. The company also shifted the 2023 forecast higher than was predicted in Q3 2022. Knowland’s forecasts provide an overview of how the U.S. from the October 2022 forecast of 73.1%

Forecasting 104

Forecasting Marketing Market Events 104

Hospitality Today

JUNE 11, 2025

hotel forecast Second-quarter slowdown and macroeconomic headwinds weigh on RevPAR outlook, with modest recovery expected in the second half of the year Jun 12, 2025 Consulting firm PwC has revised its 2025 U.S. hotel performance forecast downward, citing economic uncertainty, geopolitical tensions, and a soft second quarter.

Forecasting 40

Forecasting Average Daily Rate Occupancy Hotels 40

Hotel Management

FEBRUARY 13, 2024

For dynamic, data-empowered procurement teams, success lies in using Business Intelligence (BI) tools to leverage a rich pool of consolidated information, enabling them to identify patterns, predict future trends, optimise operations and make smarter spending decisions without compromising the guest experience.

Business 130

Business Hospitality Forecasting Operations 130

Hotel Speak

MAY 20, 2025

So surely the UK is becoming a tougher place to run a travel or hospitality business? And theres the Autumn Budget 2024, now implemented with full effect, that will increase the annual tax bill for UK hospitality businesses by a projected 3 billion per year. Business hurdlesor opportunities? occupancy growth.

Business 67

Business Travel Consumer Hospitality 67

Demand Calendar

APRIL 25, 2023

Destination demand forecasting estimates the overall daily demand for hotel rooms in a particular destination. It considers various reasons for traveling to the destination, such as for business (conferences, exhibitions, business meetings) or leisure (culture, festivals, concerts, sports).

Forecasting 96

Forecasting Occupancy Accommodation Revenue 96

Hotel News Resource

JUNE 11, 2025

This article explores hotel demand forecasting, why it matters, and how hoteliers can use internal data and external intelligence to improve pricing, resourcing, and strategic decision&making.

Forecasting 40

Forecasting Marketing Market Management 40

Hotel Management

AUGUST 15, 2023

United Airlines’ Vice President of Sales Strategies and Effectiveness, Glenn Hollister, says the company is excited about the rapid return of the global business travel market, which the Global Travel Business Association (GBTA) forecasts now shows a return to 2019 levels by the end of 2024, two years ahead of schedule.

Business 130

Business Travel Forecasting Events 130

Hotel Management

NOVEMBER 19, 2024

Oaks Hotels has shared its forecast travel trends for 2025, based upon an analysis of guest data across its network of over 60 hotels in both bustling cities and scenic coastal destinations. The average booking window for leisure stays is currently 45 days – around six weeks – with business bookings typically locked in a month ahead.

Travel 130

Travel Resorts Forecasting Events 130

Hotel Business

FEBRUARY 10, 2023

Phoenix’s hotel revenue per available room (RevPAR) is forecasted to reach $419 for Feb. more supply in the market, a unique volume of demand is forecasted to push occupancy slightly higher than Phoenix’s last host year in 2015 (93.7%). 10-12, which would be the second-highest level for a Super Bowl weekend, according to STR.

Forecasting 105

Forecasting Average Daily Rate Occupancy Consumer 105

Hotel Business

APRIL 17, 2025

government actions including tariffs, cross-border policies and entry restrictions, global business travel professionals are newly navigating a complex and uncertain landscape regarding the potential impact on business travel volume, spending and revenue for 2025. Notably, with global business travel spending forecast to reach $1.63

Business 59

Business Travel Management Cancellation 59

Demand Calendar

MARCH 5, 2025

Operating a hotel without solid answers to core business questions is like flying blind. Knowing this information will help you strategically target and nurture the right business. What is your forecast for the next 1218 months? Consider not just room bookings but all revenue streams. Where are your actual profit levels?

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General Manager Management Forecasting Occupancy 80

Hotel News Resource

AUGUST 15, 2023

Expected business travel spending accelerates due to pent-up demand, return of travel and meetings, improved COVID landscape, stable economic conditions and inflationary factors, according to the latest GBTA Business Travel Index Outlook report

Business 95

Business Forecasting Travel Hotels 95

eHotelier

NOVEMBER 6, 2023

Latest GBTA Business Travel Outlook Poll reveals positive recovery sentiment, emerging forecasts, industry priorities and potential barriers for the year ahead.

Business 98

Business Forecasting Travel 98

Catala Consulting

JUNE 20, 2025

This approach delivers expert pricing, forecasting, and distribution support while keeping fixed costs low. In this guide, we explain what outsourced revenue management is , when it makes commercial sense, and how to measure its impact on RevPAR, GOP, and forecast confidence. Yes Do forecasts vary wildly or lack structure?

Revenue Management 59

Revenue Management Revenue Management Forecasting 59

Hotel Management

NOVEMBER 9, 2023

Axsia HTL attributes this to the return of international business and corporate travellers, the resumption of traditional high and low seasons and a consumer willingness to pay more for an accommodation experience. It’s an ecosystem,” he said.

Forecasting 264

Forecasting Consumer Management Branding 264

Hotel Business

OCTOBER 28, 2024

Looking ahead, LE analysts forecast 759 new hotels/86,264 rooms to open in 2025, representing a 1.5% For 2026, LE forecasts 938 new hotels/101,017 rooms to open, amounting to a supply increase of 1.8%. LE projects the year to finish at 631 new hotels with 72,160 rooms, a 1.3% supply increase. supply increase.

Pipeline 105

Pipeline Construction Scale Forecasting 105

Skift Blog

APRIL 18, 2025

Skift Take: On todays pod we discuss Googles legal setback, a weaker forecast for travel brands, and the outlook for business travel. Rashaad Jorden Read the Complete Story On Skift

Forecasting 130

Forecasting Travel Business Branding 130

Hotel News Resource

MAY 29, 2025

A record 950+ industry professionals from 32 countries gathered at the GBTA&WERC co&located event, as APAC is forecast to reach $679 billion USD in business travel spending in 2025

Business 40

Business Forecasting Travel Events 40

Hotel Management

SEPTEMBER 25, 2024

Rendezvous Heritage Queenstown “In partnering, we’re bringing together two values-aligned, businesses and brands to work together in elevating guest experiences, strengthening our position in the competitive hospitality landscape, leveraging capability, and providing guests with a fresh, globally connected hotel experience.”

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Global Distribution System Target Marketing Hotels Forecasting 280

Hotel Business

JUNE 24, 2025

This year’s domestic travel forecast is an increase of 1.7 AAA’s Independence Day forecast includes two weekends instead of one to better reflect the flow of holiday travelers. Following Memorial Day’s record forecast, AAA is seeing strong demand for road trips and air travel over Independence Day week. AAA projects 72.2

Travel 85

Travel Forecasting Resorts 85

Hotel News Resource

DECEMBER 6, 2023

While continued optimism in the strength of the UK staycation and business travel is driving record levels of hotel development, we expect this to be met by waning demand.

Forecasting 78

Forecasting Hotels Travel Business 78

Hotel Business

JULY 1, 2025

GameTime brings together rate optimization, enterprise pricing, forecasting and performance tracking in one streamlined platform. “We Real-time reporting & forecasting: Access performance metrics and demand forecasts up to 365 days out.

Forecasting 59

Forecasting Revenue Management Revenue Services 59

Hotel Business

JUNE 12, 2025

Analysis of LE’s Q1 2025 data reveals the upper-midscale chain scale’s dominant position, commanding an impressive 37% of all pipeline projects and 30% of rooms—a clear indication that developers are targeting the sweet spot between affordability and premium amenities that appeal to both business and leisure travelers. lodging market.

Pipeline 90

Pipeline Construction Closing Forecasting 90

Lodging

OCTOBER 10, 2024

GREENVILLE, South Carolina—Hospitality America is investing in its technology infrastructure aimed at updating business intelligence across its hotel portfolio. Leading the effort is Wes Cargen, newly appointed vice president of business intelligence and former operations manager for the third-party management company.

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Hospitality Forecasting Business Management 130