Hotel Management
APRIL 22, 2024
Adelaide hotels are reaping the benefit of a number of large-scale events across the city in 2024, according to recent data from CoStar. During the Santos Tour Down Under, between January 12-21, hotel occupancy reached 78.1%, while revenue per available room (RevPAR) increased 11.4% year over year to AU$179.18. yoy to AU$191.25.
Lodging
OCTOBER 23, 2023
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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Hospitality Net
MARCH 12, 2024
A series of events pushed all-time high occupancy levels in Dubai, according to February preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Hospitality Net
MARCH 21, 2024
Being able to witness this from land is incredibly rare, with astronomers at NASA saying that it could be as long as 375 years before a similar event occurs in this North American pathway. On April 8th, there will be a total solar eclipse that traverses North America.
Hotel Management
MARCH 30, 2023
Marriott International, the preferred accommodation partner for the event, has reported high-level bookings over the next two weeks, with their eleven Melbourne hotels at 100% occupancy on April 1 – an incredible feat for its newly opened hotels, Le Méridien Melbourne and The Ritz-Carlton Melbourne. It’s exciting for us.
Hotel Management
FEBRUARY 13, 2024
The influx of visitors attending these sold-out events has significantly boosted hotel bookings across Melbourne and Sydney, providing a major boost to each city’s visitor economy,” Williams said. We all know that big events draw in people and hotels, pubs, restaurants and everyone down the chain benefits.
Amadeus Hospitality
MARCH 21, 2024
Being able to witness this from land is incredibly rare, with astronomers at NASA saying that it could be as long as 375 years before a similar event occurs in this North American pathway. ADR has continued to rise too, averaging a 7% increase from when the data was last examined (see charts above and below).
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