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Record high room rates for Sydney hotels on NYE

Hotel Management

CoStar reports occupancy levels of 78.8% Following the markets seasonal pattern, New Years Eve pushed Sydneys daily ADR (AUD854.38) and RevPAR (AUD807.62) to record highs, while occupancy was 94.5% the highest level in the metric in December, CoStar said. for December 2024, up 2.1% and AUD482.35, respectively.

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Perth hotels top the occupancy leaderboard in 2024, AHA WA reports

Hotel Management

Perth hotels are experiencing a strong resurgence in bookings, with the Australian Hotels Association (WA) reporting that the west coast city reached the highest occupancy rates in the country in 2024. From January to December 2024, metropolitan Perth hotels achieved an average occupancy level of 79.4% a 3.9%

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Riding the Live Event Boom: How Hotels Can Maximise Bookings and Build Lasting Loyalty

Hotel Management

Live events drive more bookings and boost hotel profits, but to foster long-term loyalty, hotels must prioritise creating unforgettable guest experiences. Live events – whether a concert, sports tournament, or major cultural festival – are game-changers for the hospitality industry and local economies.

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Hotels enjoy strong occupancy levels in Vivid Sydney’s 14th year

Hotel Management

Throughout the event, which ran from May 24 through to June 15, occupancy rates stayed strong despite unfavourable weather conditions, with hotels reporting 75% occupancy on weeknights and up to 90% on weekends. The post Hotels enjoy strong occupancy levels in Vivid Sydney’s 14th year appeared first on Hotel Management.

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Marriott Bonvoy nets multiyear deal with Tennis Australia in boost to loyalty, occupancy and rates

Hotel Management

Nuell said the partnership over the past three years has resulted in more Marriott Bonvoy sign ups, increased brand awareness and increased hotel occupancy and revenue in the company’s 10 Melbourne hotels.  “The We operated at high occupancy throughout the tournament, and are currently pacing in line with last year.

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Looming Recession, Rising Occupancy, and Other Hospitality Trends

Lodging

In the case of hospitality, that means understanding what event planners and travelers are looking for from their venues, but it also means understanding how venues are being selected, how and where rooms are being booked, current rates, and more.

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Accor’s Brisbane hotels kick occupancy goals for footy weekend

Hotel Management

Magic Round is more than a sports event its a city-wide celebration that puts Brisbane on the national stage, said Accor Pacific Chief Operating Officer, Adrian Williams. The post Accors Brisbane hotels kick occupancy goals for footy weekend appeared first on Hotel Management.

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