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

JUNE 12, 2025

Simultaneously, the extended-stay segment has emerged, over the years, as a powerhouse, representing 40% of pipeline projects (2,535 projects) and 35% of rooms (258,945 rooms), underscoring the shift in consumer preferences toward accommodations that blend hotel conveniences with home-like features. annual supply growth rate for 2025.

Pipeline 90

Pipeline Construction Closing Forecasting 90

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

Lodging

JUNE 6, 2023

PCMA, and CEMA announced the release of their “Guiding Principles in Experience Design” study, which provides meetings and events professionals insights to help them forecast the consumer drivers and behaviors that will guide the future of experience design. Marriott International, Inc.,

Events 147

Events Forecasting Consumer Operations 147

Hotel Management

APRIL 11, 2024

Affluence in Asia is growing, with forecasts indicating that by 2030, two-thirds of the worldwide middle class will originate from the Asian region. The result: this club has since experienced over 76% member growth. Like many, we have noticed guests desire to explore and be active.

Travel 246

Travel Market Marketing Consumer 246

Hotel Business

AUGUST 15, 2024

CBRE is reducing its forecast for U.S. CBRE forecasts GDP growth of 2.3% Challenges including weakening consumer spending and increased competition from short-term rentals, cruise lines and other lodging alternatives pose downside risks.” The post CBRE reduces forecast for 2024 appeared first on hotelbusiness.com.

Forecasting 59

Forecasting Construction Events Occupancy 59

Cloudbeds

OCTOBER 9, 2024

Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

STAAH

JANUARY 6, 2025

Reaffirming the value of having a diversified hotel distribution strategy, the list once again features a range of both B2B and household consumer channels from OTAs to hotel websites, wholesalers and global distribution systems. Thailand and Singapore are leading the surge while Malaysia and Philippines have been slower.

OTA 110

OTA Global Distribution System B2B Accommodation 110

Hotel Speak

JUNE 12, 2025

Chris Bowling, head of digital and consumer marketing at BWH Hotels GB, said: “The launch of this new website will provide independent hoteliers with the tools they need to compete with the big players, for advanced tech without the complexity. “We

OTA 70

OTA Hotels Forecasting Consumer 70

Hotel Designs

FEBRUARY 28, 2025

Here, the creative flooring brand tells Hotel Designs of the design trends that will inspire… Driven by evolving consumer expectations and global challenges, interior design is no longer just about aestheticsits about purpose. Consumers in 2025 want more than token eco-friendly gesturesthey expect meaningful change.

Hospitality 96

Hospitality Consumer Forecasting Construction 96

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. What is Hotel Forecasting? Hotel financial forecasting helps hoteliers set targets by predicting fiscal outcomes.

Forecasting 52

Forecasting Average Daily Rate Occupancy Revenue Management 52

Hotel Business

NOVEMBER 16, 2023

CBRE is forecasting RevPAR growth to recover in 2024 as inbound international travel further improves and sector-specific headwinds moderate. The company forecasts 3.0% CBRE’s baseline forecast anticipates 0.8% CBRE’s baseline forecast anticipates 0.8% ADR increase. average GDP growth and 2.9% average inflation in 2024.

Forecasting 110

Forecasting Occupancy Scale Consumer 110

Hotel Speak

APRIL 18, 2025

With the advancement of tech, data analytics, and changing consumer behavior, you may not need to lean on aggressive discounts to drive performance. Use revenue tech to your advantage Revenue management systems (RMSs) have evolved to provide smarter segmentation and demand forecasting to tighten levels of granularity.

Revenue 93

Revenue Average Daily Rate Revenue Management Hotels 93

Hotel Speak

JANUARY 28, 2025

This fragmented approach results in siloed data, time-consuming manual tasks, and an increased risk of errors. Single-solution platforms harness AI to: Analyze booking trends and forecast demand. Imagine this: Using one PMS for bookings. Another channel manager for distribution. A standalone CRM for guest engagement.

Management 93

Management Hospitality Revenue Management Revenue 93

Hotel Management

FEBRUARY 20, 2024

Localized in Southeast Asia, RevPAR levels are just below 2019 levels by less than 2%, driven by high average daily rates (ADRs) as the market saw a shift in consumers’ willingness to pay for quality both product and experience. In 2024, JLL forecasts that value-add opportunities in Southeast Asia will be on the radars of investors.

Real Estate 245

Real Estate Average Daily Rate Occupancy Marketing 245

Hotelier Magazine

DECEMBER 20, 2023

ATLANTA — Kimpton Hotels & Restaurants has released its annual Culinary + Cocktail Trend Forecast , highlighting predictions from its vast team of global culinary-and-beverage experts that will be featured on plates and bar menus in 2024. To view the full list of trends, click here.

Forecasting 52

Forecasting Hotels Consumer Dining 52

Hotel Speak

JUNE 11, 2024

New consumer preferences and habits have emerged in the first half of 2024 in an Asia Pacific tourism sector which is recovering from the pandemic years in an uneven manner. Could AI bots replace tourism forecasters in universities? “We PATA will release its mid-year tourism forecast reports on 39 Asia Pacific destinations on 25 June.

Tourism 111

Tourism Forecasting Consumer Cancellation 111

SiteMinder

JUNE 22, 2025

Consumer uncertainty triggered by trade tensions – compounded by a global rise in costs of living, political tensions and stricter travel advisories – may be weighing slightly on hotel demand at the moment. Much of this is being buoyed by a continuation of consumer prioritisation of travel.” “You just saw a kind of trickle down.

Revenue 59

Revenue Consumer Revenue Management Hotels 59

Hotel Business

JANUARY 6, 2025

This alignment of incentives fosters cooperation between utility providers and business consumers to identify energy reduction opportunities. Stakeholder demand amplifies this shift, as investors, consumers and employees increasingly expect organizations to prioritize sustainability. According to the U.S. For instance, U.S.

Occupancy 52

Occupancy Hotels Forecasting Operations 52

Hotelier Magazine

AUGUST 16, 2023

hotel forecast presented at the recent 15th annual Hotel Data Conference. There have been conflicting signs of economic slowdown and the impact on consumer sentiment, but hoteliers remain optimistic, especially those in the middle-to-higher end of the market. The post STR and Tourism Economics Lower Growth Forecast for U.S.

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

Hospitality Today

MAY 2, 2024

The company cut its full-year revenue growth forecast, as gross bookings were hit by a drag in its vacation rental platform and poor performance in its business-to-consumer segment

Forecasting 40

Forecasting Consumer Revenue Business 40

Hotel News Resource

APRIL 16, 2025

hotel industry took a hit on Monday, with Goldman Sachs sharply lowering its RevPAR growth forecast amid signals of weakening consumer demand, rising economic uncertainty, and industry challenges spilling over from the airline sector. Investor sentiment in the U.S.

Forecasting 71

Forecasting Consumer Hotels 71

Demand Calendar

JULY 17, 2024

These forecasts suggest a growing market with plenty of guests to fill hotel rooms. Hoteliers must adapt to meet changing consumer needs and preferences to attract more guests and stay ahead of those who resist change. However, the key to taking advantage of this growth lies in adaptability.

Forecasting 97

Forecasting Consumer Tourism Hotels 97

Preno

JUNE 24, 2025

Joe Amati from Destination Canada emphasized tourism’s robust contribution to the national economy, forecasting annual growth of 5.42 Emile Gourieux from STR addressed economic volatility and shifting consumer behaviour. Still, STR revised its 2025 RevPAR forecast downward from two per cent to just 0.7

Consumer 52

Consumer Travel Occupancy Forecasting 52

Hotel Business

JANUARY 25, 2024

JLL’s Hotels & Hospitality Group ‘s Global Hotel Investment Outlook 2024 forecasts that global hotel investment volume will increase 15% to 25% year-over-year. Brand consolidation may also occur as traditional brands enter new verticals, and partnerships will be formed to leverage expertise and create shared customer equity.

Consumer 126

Consumer Real Estate Tourism Hotels 126

MediaBoom

MAY 16, 2023

Luxury Car Market: Analysis The luxury car market saw a sharp decline in sales and production as the pandemic impacted the spending power of the consumer base, with private vehicle registrations going down by 38.1% Compounded annual growth rates (CAGR) for the forecast period (2022-2029) should range between 5 and 12.75

Forecasting 52

Forecasting Market Marketing Digital Marketing 52

Hospitality Tech

JUNE 5, 2025

By using predictive artificial intelligence, RaccoonRev Plus will generate daily rate recommendations up to 90 days in advance, factoring in signals like competitor rates, historical trends, pickup pace, weather forecasts, and lead-time behavior. “RaccoonRev Plus changes that. What This Means for IT Leaders: 1.

Consumer 52

Consumer Retail Travel Branding 52

Hotel Business

JANUARY 29, 2025

JLL’s Hotels & Hospitality Group has released its annual Global Hotel Investment Outlook , forecasting a 15% to 25% increase in global hotel investment volume compared to 2024. The report highlights the industry’s resilience and potential for growth as it adapts to evolving travel patterns and consumer preferences.

Real Estate 59

Real Estate Hotels Consumer Hospitality 59

Hospitality Today

JULY 3, 2025

Leverage OTA data: Expedia manages over seven petabytes of data and offers hoteliers actionable insights through tools and support, helping shape pricing, campaign effectiveness, and demand forecasting. weve got you covered. By submitting this form, you agree to receive email communication from Hospitality.today and its partners.

OTA 45

OTA Accommodation Hotels Intent 45

Horizon Hospitality

MAY 15, 2023

Between third-party delivery services stalling, full-service restaurants dropping delivery service, and consumers spending more consciously, food delivery has become a more complicated trend to forecast. However, there are a few caveats that surprised the industry.

Consumer 98

Consumer Dining Services Forecasting 98

Hospitality Tech

JUNE 5, 2025

A year ago, Accenture’s Consumer Pulse Survey found that travelers felt booking a hotel was harder than buying a car and that choosing a flight was almost as hard as choosing a mortgage. Further testing of hypotheses was conducted via AI-moderated interviews with 300 consumers across 12 countries between January 20 and February 4, 2025.

Travel 52

Travel Consumer Retail Branding 52

Hotel Speak

MAY 30, 2024

Consumer behaviour and attitudes to F&B have shifted since the pandemic, with some outlets struggling to keep pace. F&B management has traditionally worked to patterns such as time of day or seasonality, using forecasts to predict and manage costs. In fact one in five travelling consumers want to be able to order digitally.

Consumer 105

Consumer Forecasting Revenue ROI 105

Hotel News Resource

MARCH 16, 2023

The wider economic forecasts also give us encouragement that consumer confidence and spending are in for an upturn, albeit over time. The measures announced today are significant in incentivising people back into work and hopefully alleviating crippling labour shortages.

Forecasting 64

Forecasting Consumer Hospitality Hotels 64

Hospitality Tech

JUNE 5, 2025

An original equipment manufacturer for the hospitality industry’s top hotels, consumer digital signage, and airline seatback video players, Enseo became a full-service hospitality integrator in 2013, delivering brand customization. In hospitality, 41% of consumers say a great booking experience makes them more forgiving of bad reviews.

Consumer 52

Consumer Retail Travel Branding 52

HotStats

JUNE 26, 2025

When compared against the Consumer Price Index (CPI), which continues to trend upward, it becomes clear that inflation has silently eroded much of the apparent progress. Rather, it calls for sharper intelligence, more precise forecasting, and a reassessment of what profitability really means in 2025.

Average Daily Rate 63

Average Daily Rate Revenue Operations Hotels 63

Hotel Speak

MAY 20, 2025

So you’re either adding it to the consumer or you’re reducing your costs.” The PwC hotel forecast for 2025 shows 1.9% Theyre looking at consumer businesses and saying travel is the standout class let’s go for it. Business hurdlesor opportunities? RevPAR growth in the UK regions, and a 2.3%

Business 67

Business Travel Consumer Hospitality 67

Cloudbeds

NOVEMBER 15, 2024

Operations Scheduling housekeeping and tracking inventory are daily operations that, though repetitive and time-consuming, require a level of analysis that makes them difficult to automate with traditional rule-based systems. Decision intelligence adds the extra capability necessary to fully automate these processes.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105