Lodging

NOVEMBER 20, 2023

hotel forecast revision of 2023. Hotel Forecast Revision of 2023 appeared first on LODGING Magazine. HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. percentage points, due to a 0.6

Forecasting 290

Forecasting Average Daily Rate Occupancy Tourism 290

Skift Blog

MAY 11, 2025

Skift Take: A new forecast from hotel broker JLL hits a note of optimism at a time when some critics worry Thai tourism is hitting the skids. Expect people to do fewer hotel deals in Thailand this year, but for those deals to be bigger. Read the Complete Story On Skift

Hotel Marketing 205

Hotel Marketing Forecasting Market Marketing 205

Lodging

MARCH 19, 2024

The Hunter Hotel Investment Conference (HUNTER) is underway at the Atlanta Marriott Marquis. Lee Hunter, Chairman of the Hunter Hotel Investment Conference, shared, “This year’s conference theme comes about as a profound sense of purpose.

Forecasting 298

Forecasting Market Marketing Events 298

Skift Blog

AUGUST 8, 2024

Skift Take: Choice Hotels recently saw its U.S hotels continue to perform roughly 10% above 2019 levels in revenue per available room. Its executives believe that trend may roll on next year. Sean O'Neill Read the Complete Story On Skift

Forecasting 311

Forecasting Revenue Hotels 311

Hotel Management

JUNE 6, 2023

STR and Tourism Economics have upgraded the 2023 United States hotel forecast, released at the 45th Annual NYU International Hospitality Industry Investment Conference in New York this week (June 5). from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5%

Forecasting 264

Forecasting Average Daily Rate Occupancy Tourism 264

Are Morch

SEPTEMBER 19, 2024

This article is part of the Hotel Digital Transformer newsletter on LinkedIn. As […] The post The 2024 Hotel Forecast: Elevating Guest Experiences Through AI and Human Synergy appeared first on Are Morch, Digital Transformation Coach.

Forecasting 227

Forecasting Hotels 227

Lodging

AUGUST 8, 2024

Revenue management in the hotel industry has become a science over the last few years with pricing strategies that increasingly factor in supply/demand fluctuations and the development of automated revenue management systems (RMSs).

Revenue Management 278

Revenue Management Forecasting Revenue Management 278

Skift Blog

FEBRUARY 20, 2024

Skift Take: CEO Elie Maalouf pointed to early results suggesting that IHG's recent marketing efforts and brand development work are leading to growth in a virtuous flywheel for the hotel group. Sean O'Neill Read the Complete Story On Skift

Forecasting 312

Forecasting Pipeline Hotels Branding 312

Skift Blog

OCTOBER 26, 2023

High-spending Americans thronged Europe this summer, helping the hotel giant beat expectations for revenue and profit. Skift Take: Accor is having a happy, "Emily in Paris" kind of year. Sean O'Neill Read the Complete Story On Skift

Forecasting 331

Forecasting Revenue Hotels 331

Lodging

JANUARY 23, 2024

hotel forecast of 2024 at the Americas Lodging Investment Summit (ALIS). percentage points, while occupancy and revenue per available room (RevPAR) were unchanged from the previous forecast. Hotel Forecast of 2024 appeared first on LODGING Magazine. For 2024, growth in average daily rate (ADR) was raised by 0.1

Forecasting 182

Forecasting Average Daily Rate Occupancy Tourism 182

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

Skift Blog

JANUARY 27, 2025

Skift Take: Hotel broker JLL sees global hotel transactions jumping at least 15% this year. It expects more M&A, too, as brands seek other ways to grow besides constructing new properties. Sean O'Neill Read the Complete Story On Skift

Forecasting 241

Forecasting Construction Hotels Branding 241

Skift Blog

JUNE 6, 2024

Skift Take: There are economic pressures and segment-specific challenges, such as growing supply in the luxury market. Sean O'Neill Read the Complete Story On Skift

Forecasting 306

Forecasting Market Marketing Hotels 306

Hotel Business

MAY 16, 2025

CBRE forecasts a 1.3% This represents slightly softer growth than had been anticipated in CBREs February forecast, which projected 2% RevPAR growth, based on a 21-bps boost in occupancy rates and a 1.6% CBREs forecast is predicated on an expected 1.4% annual growth as of the February forecast) and a 2.9% increase in ADR.

Forecasting 65

Forecasting Construction Occupancy Travel 65

Skift Blog

SEPTEMBER 1, 2023

Skift Take: You'd think a shrinking supply of short-term rentals would be a big boost to hotels. But it's not at all clear how it will play out, and some will benefit more than others. Sean O'Neill Read the Complete Story On Skift

Forecasting 317

Forecasting Hotels 317

Skift Blog

NOVEMBER 25, 2024

Skift Take: With hotel brands making major strides in customer ownership, it is time to start anticipating when direct bookings will outpace third-party sites. Pranavi Agarwal and Seth Borko Read the Complete Story On Skift

OTA 264

OTA Forecasting Hotels Branding 264

Hotel News Resource

MAY 16, 2025

Article - CBRE Forecasts Modest Growth in Hotel Revenue for 2025, Driven by Urban Centers - CBRE projects modest growth in hotel revenue per available room (RevPAR) for 2025, led largely by urban markets and regional leisure destinations.

Forecasting 81

Forecasting Revenue Hotels Market 81

Skift Blog

JULY 25, 2024

Skift Take: Accor, the Paris-based hotel giant, predicts robust bookings and strong pricing power in the second half. Its executives aren't losing any sleep over airlines like Ryanair complaining about softening airfares. Sean O'Neill Read the Complete Story On Skift

Forecasting 321

Forecasting Business Travel Hotels 321

Skift Blog

JANUARY 26, 2024

Skift Take: Hotel execs gathered this week to compare the sizes of their hotel pipelines. The companies with the largest hotel development forecasts were Marriott and Hilton, and the types of properties proving popular says a lot about their strategic directions. Sean O'Neill Read the Complete Story On Skift

Pipeline 336

Pipeline Forecasting Hotels Branding 336

Lodging

MAY 30, 2025

Hotel profit margin, which measures profits as a percent of revenue, is considered a good indicator of the efficiency of hotel operations.

Operations 147

Operations Forecasting Revenue Hotels 147

Hotel Management

JANUARY 14, 2025

The 2025 Australian Open is in full swing and hotels across Melbourne are enjoying a flurry of activity as visitors descend on the city. This years event is expected to draw record fan numbers an bring an increase of up to 10% in Melbourne city hotel room bookings, across main tournament days, according to Accommodation Australia.

Business 130

Business Occupancy Forecasting Accommodation 130

Lodging

JUNE 5, 2023

hotel forecast at the 45th Annual NYU International Hospitality Industry Investment Conference. percent from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5 Hotel Forecast ADR and RevPAR Projections appeared first on LODGING Magazine.

Forecasting 147

Forecasting Average Daily Rate Occupancy Tourism 147

Skift Blog

OCTOBER 8, 2024

Skift Take: Days after getting the green light for gaming, Wynn gives a presentation to investors. Here are the highlights. Josh Corder Read the Complete Story On Skift

Forecasting 290

Forecasting Resorts Casinos Hotels 290

Skift Blog

JUNE 26, 2024

Skift Take: The second installment of “The Data Snap” article series examines an unusual market trend: Hotel rates are on the rise while agency commissions are stabilizing. This shift is driving travel companies to reevaluate which measurements they’re using to forecast revenues. Onyx CenterSource Read the Complete Story On Skift

Forecasting 262

Forecasting Revenue Hotels Travel 262

Lodging

APRIL 14, 2025

The semi-annual report updated the latest opinions, experiences, and predictions of 80 hotel asset managers from the previous survey on topics ranging from forecast predictions to recession concerns. total, […] The post HAMA Releases Spring 2025 Industry Outlook Survey Results appeared first on LODGING Magazine.

Forecasting 191

Forecasting Management Hospitality Hotels 191

Skift Blog

JANUARY 3, 2024

Skift Take: Analyst David Katz of Jefferies forecasts the 2024 prospects for U.S.-based based hotel leaders Marriott, Hilton, Hyatt, Wyndham, and Choice. Sean O'Neill Read the Complete Story On Skift

Forecasting 333

Forecasting Hotels 333

Skift Blog

JULY 23, 2024

Skift Take: Cancellations and no-shows for hotel reservations tend to be higher in summertime, which can significantly impact revenue for hotels and travel management companies (TMCs). Slicing and dicing data more granularly leads to better forecasting and may reduce potential revenue losses.

Cancellation 312

Cancellation Forecasting Revenue Travel 312

Skift Blog

MAY 25, 2023

Skift Take: CBRE has again raised its forecast for U.S. hotel performance, expecting average revenue per available room to be up 6 percent year-over-year. Plus, more highlights from this week's news in hotel deals and development worldwide. Sean O'Neill Read the Complete Story On Skift

Forecasting 264

Forecasting Revenue Hotels 264

Hotel Financial Coach Blog

SEPTEMBER 8, 2024

Rolling forecasts are nothing new but I must point out that most hotels don’t use them, and they really should. To start out we need to define how we produce a rolling forecast and point out the best practices around its creation. Without the budget we can’t have a rolling forecast. So, what do we do now?

Forecasting 130

Forecasting Hospitality Revenue Closing 130

Skift Blog

JULY 31, 2024

has led to a slight downward revision in the company's full-year RevPAR growth forecast. Skift Take: Despite strong performance elsewhere, weakness in Greater China — Marriott's second-largest market outside the U.S. — Sean O'Neill Read the Complete Story On Skift

Forecasting 278

Forecasting Market Marketing Hotels 278

Lodging

AUGUST 2, 2024

hotels saw their operating efficiency decline as operating expenses increased at a pace greater than revenue growth, resulting in a decline in profit margins. With forecasts of moderate revenue gains for the next few years, hotel owners and operators are very focused on controlling costs. In 2023, U.S.

Forecasting 262

Forecasting Revenue Operations Hotels 262

eHotelier

OCTOBER 17, 2024

Rolling forecasts are nothing new but I must point out that most hotels don’t use them, and they really should. It’s an incredibly useful tool that is literally worth its weight in gold.

Forecasting 122

Forecasting Hotels 122

Lodging

DECEMBER 4, 2024

CHICAGO—Hyatt Hotels Corporation showed during ILTM Cannes a pipeline of over 50 luxury and lifestyle hotels set to open worldwide by 2026. Luxury travel demand surged in 2023 and continues to rise and with Savills forecasting a 52.8

Forecasting 147

Forecasting Pipeline Hotels Travel 147

Lodging

APRIL 6, 2023

hotel industry has made many strides since the beginning of the COVID-19 pandemic, and 2023 has been off to a strong start. At the beginning of the year, STR reported that revenues and profits reached highest-ever levels during 2022, and CBRE increased its hotel performance forecast to account for expected GDP growth during the coming year.

Management 264

Management Forecasting Hotels Revenue 264

Hotel Speak

APRIL 23, 2025

The solution brings IDeaS robust demand forecast and price sensitivity capabilities together to help hoteliers allocate marketing spend for the greatest impact on incremental revenue. Powered by IDeaS G3 RMS advanced forecasting engine, Spotlight enables teams to proactively adjust strategies and take a surgical approach to demand generation.

Hotel Marketing 96

Hotel Marketing Market Marketing Forecasting 96

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 post Oaks Hotels, Resorts & Suites: Key Hotel Travel Trends Set to Shape 2025 appeared first on Hotel Management.

Travel 130

Travel Resorts Forecasting Events 130

Hotel News Resource

JUNE 3, 2025

hotel industry downward through 2026, citing underperformance in Q1 and ongoing macroeconomic concerns. CoStar and Tourism Economics have revised their growth projections for the U.S.

Forecasting 66

Forecasting Tourism Hotels 66