Lodging

AUGUST 16, 2024

DALLAS, Texas—CBRE reduced its forecast for U.S. Hotel Performance Forecast, Lodging Demand Softens appeared first on LODGING Magazine. hotel performance this year as lodging demand softens due to weaker-than-expected leisure travel and slowing corporate profit growth. CBRE now projects a 1.2 percent estimated in May 2024.

Forecasting 289

Forecasting Revenue Hotels Travel 289

Lodging

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.5 This revision reflects a 40 basis point (bps) decrease in expected occupancy compared to the prior forecast, […] The post CBRE: U.S. percent in August.

Forecasting 290

Forecasting Occupancy Revenue Hotels 290

Skift Blog

JUNE 18, 2023

planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled U.S.

Forecasting 263

Forecasting Marketing Market Tourism 263

Lodging

AUGUST 8, 2024

The progress has resulted in a rate adjustment approach that is both more efficient and highly personalized, based on multiple data sources from guest demographics to current market conditions.

Revenue Management 278

Revenue Management Forecasting Revenue Management 278

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. For 2023, growth in RevPAR was raised by 0.3

Forecasting 290

Forecasting Average Daily Rate Occupancy Tourism 290

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

Lodging

JUNE 20, 2023

Today’s hospitality markets have new challenges to overcome—especially resorts. No sooner have they begun to regain market share in a post-pandemic world when an economic recession is causing guests to become more cautious of where and when they spend their money and time. The good news is that they continue to spend.

Market Share 299

Market Share Resorts Marketing Market 299

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 Marketing Market Hotels 306

Hotel Speak

APRIL 23, 2025

LONDON April 2025 IDeaS, a SAS company and the worlds leading provider of hospitality revenue management software, today announced the launch of IDeaS Spotlight, a first of its kind demand intelligence solution that empowers marketers to generate the right demand at the right time.

Hotel Marketing 96

Hotel Marketing Marketing Market Forecasting 96

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 64

Forecasting Construction Occupancy Travel 64

Skift Blog

APRIL 3, 2024

Skift Take: Sunil Suresh is bullish about the loyalty program's prospects of becoming a value creator for the airline, with significant growth forecast over the next three years. Gordon Smith Read the Complete Story On Skift

Forecasting 289

Forecasting Market Marketing 289

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 Management

JULY 10, 2025

Increased capacity from core markets including China, India, Southeast Asia, North America and the Middle East is expected to drive a continued recovery in international arrivals, reinforcing aviation’s role as a critical lever for tourism and hotel sector growth,” said CBRE’s Head of Hotels Research, Ally Gibson. “As

Occupancy 147

Occupancy Hotels Forecasting Pipeline 147

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 Marketing 81

Hotel Speak

JUNE 11, 2025

From fine-tuning hotel marketing campaigns to optimizing distribution in real time, AI is helping hoteliers unlock new levels of efficiency, personalization, and revenue growth. AI in Hotel CRM: Personalization at Scale In the era of one-size-fits-none marketing, AI-enabled hotel CRM systems are a game changer.

Hotel Marketing 98

Hotel Marketing Marketing Market Scale 98

Lodging

JUNE 20, 2025

Success in hospitality is often determined by how well a property can plan for what’s to come, but how can hotels hope to navigate the uncertainty of today’s markets? The first step: Prepare for a downturn but live in the moment.

Revenue Management 282

Revenue Management Revenue Management Services 282

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.

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

Hotel Management

JANUARY 14, 2025

Event-related occupancy forecasts are particularly impressive, given STR and JLL report Melbourne has welcomed 81 new hotels and over 5,200 rooms in the five-year period between 2019 and 2024, with another 2,000 rooms still to come, said Accommodation Australia (Victoria) General Manager, Dougal Hollis.

Business 130

Business Occupancy Forecasting Accommodation 130

Lodging

APRIL 22, 2025

MINNEAPOLIS, MinnesotaIDeaS, a SAS company and provider of hospitality revenue management software, announced the launch of IDeaS Spotlight, a first-of-its-kind demand intelligence solution that empowers marketers to generate the right demand at the right time.

Revenue Management 147

Revenue Management Forecasting Revenue Marketing 147

Skift Blog

JULY 31, 2024

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

Forecasting 278

Forecasting Marketing Market Hotels 278

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

Skift Blog

JULY 25, 2023

Skift Take: The Alaska Air Group's projected flat revenue growth is a major factor why shares dropped for some major U.S. carriers, another setback for an industry still fighting to make a full recovery from the pandemic. Rashaad Jorden Read the Complete Story On Skift

Forecasting 246

Forecasting Revenue Market Marketing 246

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. That’s the part the rolling forecast plays.

Forecasting 130

Forecasting Hospitality Revenue Closing 130

Hotel Management

JULY 10, 2025

This marks a decisive shift in market momentum, as international investors are once again recognising Australia’s appeal as a stable and transparent investment destination. “In JLL Managing Director and Head of Investment Sales for Hotels Australasia, Peter Harper, said Australia is now perceived as a safer market for investment.

Hotels 130

Hotels Marketing Market Forecasting 130

Lodging

MARCH 19, 2025

Led by Mitch Patel, founder and CEO of Vision Hospitality Group, the Market Overview: Financial Analysis and Forecast panel discussed various topics affecting the hospitality industry including the economy and a potential recession, the transaction market, and the hotel development landscape.

Hospitality 130

Hospitality Travel Forecasting 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

Lodging

JANUARY 29, 2024

HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. The market is projected for a Friday through Sunday night occupancy of 87.9 9-11, 2024, which would be the highest level for any Super Bowl weekend on record, according to STR.

Average Daily Rate 278

Average Daily Rate Forecasting Occupancy Revenue 278

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

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 Market Marketing Management 40

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 post Exclusive: Travel and Leisure Co ‘laser focused’ on entering new countries and markets this year appeared first on Hotel Management.

Travel 246

Travel Marketing Market Consumer 246

Hotel News Resource

JUNE 13, 2025

The Manhattan market has been experiencing a prolonged post&pandemic occupancy recovery, despite strong ADR gains. Although legislative and supply changes should bolster this recovery, recent geopolitical factors and the tariffs and policy changes enacted by the new federal administration are expected to affect short&term hotel market trends.

Hotel Marketing 55

Hotel Marketing Marketing Market Forecasting 55

Lodging

MAY 17, 2024

CBRE’s latest forecast projects a 2.0 CBRE forecasts GDP growth of 2.3 […] The post CBRE: RevPAR Growth Predicted to Improve in the Second Half of 2024 appeared first on LODGING Magazine. percent increase in RevPAR growth for 2024, down from the 3.0 percent estimated in February 2024. RevPAR is now expected to grow by 3.0

Forecasting 278

Forecasting Revenue Travel Market 278

Hotel Speak

MAY 23, 2025

The hospitality industry is more data-driven than ever, yet marketing and revenue teams are still dancing to different tunes and that digital disconnect is costing real-life revenue. In a sector where hotel marketing budgets often account for just two to three percent of overall revenue 1 , there is precious little margin for error.

Revenue 57

Revenue Hotel Marketing Marketing Market 57

Hospitality Today

JUNE 11, 2025

Hospitality.today™ Topics Subscribe Topics › Hospitality › Market Data PwC downgrades 2025 U.S. 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. growth in Q3 and 1.8%

Forecasting 40

Forecasting Average Daily Rate Occupancy Hotels 40

Demand Calendar

MARCH 13, 2023

Forecasts should be reasonably accurate, but they will never be entirely correct. Therefore, the revenue management system should take the first shot at forecasting. The second opinion is that the revenue manager will add the human touch based on extensive experience from the destination and the hotel.

Forecasting 98

Forecasting Revenue Management Revenue Management 98

Hotel Business

FEBRUARY 10, 2023

Phoenix’s hotel revenue per available room (RevPAR) is forecasted to reach $419 for Feb. The market, also hosting the Phoenix Open this week, is projected for Friday through Sunday night occupancy of 94% and average daily rate (ADR) of $445. The overall Phoenix market comprises 544 hotels accounting for 70,488 rooms.

Forecasting 105

Forecasting Average Daily Rate Occupancy Consumer 105

Demand Calendar

FEBRUARY 14, 2024

The traditional budgeting approach is proving increasingly inadequate in today's fast-paced and unpredictable market, where traveler behaviors, economic conditions, and competitive landscapes can shift in weeks.

Forecasting 98

Forecasting Marketing Market Travel 98