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 Business

MAY 16, 2025

CBRE forecasts a 1.3% Occupancy and ADR are predicted to rise by 14 bps and 1.2% 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%

Forecasting 64

Forecasting Construction Occupancy Travel 64

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

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

Hotel Management

APRIL 21, 2025

According to Colliers Hotels New Zealand Hotel Market Snapshot for Q1, based on information from Hotel Data New Zealand, revenue per available room (RevPAR) was up 6.5% New Zealands international visitor numbers sit at 86% of pre-Covid levels, with the Tourism Export Council of New Zealand forecasting a full recovery by March 2027.

Average Daily Rate 130

Average Daily Rate Occupancy Tourism Forecasting 130

Hotel News Resource

JUNE 13, 2025

The Manhattan market has been experiencing a prolonged post&pandemic occupancy recovery, despite strong ADR gains. Our current demand forecast shows a full recovery beyond 2019 levels by 2027/28. Our current demand forecast shows a full recovery beyond 2019 levels by 2027/28.

Hotel Marketing 55

Hotel Marketing Market Marketing Forecasting 55

Hotel Management

FEBRUARY 13, 2024

Occupancies are at unparalleled levels over the concert periods, and we have also seen a surge in regional demand as Swifties take the opportunity to travel further. For both the Melbourne and Sydney concerts we’ve seen a bump in hotel occupancy around the event dates, and our restaurants have also seen great reservation numbers.

Occupancy 290

Occupancy Tourism Events Accommodation 290

Demand Calendar

APRIL 25, 2023

Destination demand forecasting estimates the overall daily demand for hotel rooms in a particular destination. This type of forecasting is essential for understanding the total demand for accommodation in a destination. This type of forecasting is essential for understanding the total demand for accommodation in a destination.

Forecasting 96

Forecasting Occupancy Accommodation Revenue 96

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

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 59

Revenue Hotel Marketing Market Marketing 59

Cloudbeds

NOVEMBER 15, 2024

For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. For hotels, this includes making dynamic rate suggestions and identifying segments and offers for marketing campaigns.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

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

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Some of the findings: Direct bookings are on the rise.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

Hotel Management

NOVEMBER 9, 2023

Hotel asset management firm Axsia HTL is predicting a drop off in hotel management agreements (HMAs) in 2024 and beyond as more owners opt in favour of franchise agreements, which are predominate in the US market. It’s an ecosystem,” he said.

Forecasting 264

Forecasting Consumer Management Branding 264

Amadeus Hospitality

JUNE 5, 2025

The Market Insights report – Asia & subregions offers in-depth insights into passenger traffic, hospitality market indicators, top-performing destinations, and new routes in the Asia Pacific region. It offers actionable insights and data-driven strategies to navigate the dynamic market landscape.

Tourism 52

Tourism Market Marketing Average Daily Rate 52

STAAH

AUGUST 22, 2023

With a little creativity and lots of data and insights, low occupancy periods can be more efficiently managed Low occupancy is largely driven by seasonality with off-peak times being marked by fewer bookings and even lower forward bookings. To conclude Optimising revenue during low occupancy doesn’t have to be difficult.

Occupancy 98

Occupancy Forecasting OTA Revenue 98

Hotel Management

FEBRUARY 20, 2024

In short, they largely do, which could spell another strong year for Southeast Asia’s hotel industry from both an occupancy and investment point of view. In 2024, JLL forecasts that value-add opportunities in Southeast Asia will be on the radars of investors. Trading should recover further, whilst real estate headwinds may ease.

Real Estate 245

Real Estate Average Daily Rate Occupancy Market 245

Hotel Speak

APRIL 18, 2025

But a lot of hoteliers have gotten stuck in a loop of constantly slashing prices, offering direct channel discounts, OTA promotions, and special rate packages to drive occupancy. Think TRevPAR over ADR Shifting focus toward optimizing total revenue per available room (TRevPAR) instead of purely occupancy or ADR can unlock performance gains.

Revenue 94

Revenue Average Daily Rate Revenue Management Hotels 94

Cloudbeds

DECEMBER 2, 2024

One of the main challenges for hotels is creating accurate forecasts in the short, medium, and long term. Understanding future demand trends, their causes, and the guest segments driving them can help hotel revenue managers adjust room rates to boost occupancy and sales. But traditional forecasting models no longer cut it.

Forecasting 75

Forecasting Revenue Management Occupancy Revenue 75

Hotel Management

MAY 1, 2023

Every decision is grounded in meeting current market trends and future needs of our modern-day travellers.” The Collingwood property has seen occupancy double to 72% and RevPAR grow by $50 in Q1 FY23, when compared to the opening three months May-July FY22.

Retail 246

Retail Accommodation Branding Market Share 246

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

Hotel Business

FEBRUARY 11, 2025

growth in international markets. He added, “In the fourth quarter, worldwide RevPAR rose 5%, driven by gains in both ADR and occupancy. from year-end 2023, as the company added roughly 109,000 net rooms globally during 2024, including more than 45,000 net rooms in international markets. Marriott International Inc.

Market 64

Market Marketing Pipeline Branding 64

Hotel Business

DECEMBER 4, 2023

this year to $155.88, or 19% above 2019 levels, while occupancy will increase by 1.0% increase in occupancy. LARC forecasts 2023 U.S. Market outlooks Listed below are the best and worst-performing markets based on LARC’s forecasts. It anticipates ADR to rise by 4.4% increase in ADR and a 0.8%

Forecasting 110

Forecasting Occupancy Market Marketing 110

Hotel Business

FEBRUARY 21, 2025

CBRE forecasts that RevPAR will continue to grow steadily in 2025, as urban locations continue to outperform due to improved group and business travel and continued recovery of inbound international travel. CBREs baseline forecast includes a 2.4% higher in 2025 compared with pre-pandemic levels in 2019.

Forecasting 77

Forecasting Construction Occupancy Hotel Marketing 77

STAAH

APRIL 29, 2025

With consumer behaviours evolving, and the lines between tech platforms, marketing, and operations blurring, a modern strategy goes far beyond just listing rooms on online travel agents (OTAs). A drop below 30% occupancy? Push a ‘3D2N Getaway’ deal across selected markets in minutes. And timing matters.

Revenue 86

Revenue Management OTA Average Daily Rate 86

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% RevPAR growth next year, driven by a 40 basis-point (bps) occupancy improvement and a 2.3% CBRE’s baseline forecast anticipates 0.8% ADR increase.

Forecasting 110

Forecasting Occupancy Scale Consumer 110

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?

Forecasting 52

Forecasting Average Daily Rate Occupancy Revenue Management 52

Hotel Management

OCTOBER 17, 2024

“Investors have consistently shown an appetite to play larger in the hotel sector in Asia Pacific and we see no signs that activity will wane in the last quarter of 2024, making us increase our investment volume forecast to $12.2 In the first nine months of 2024, Japan further established itself as the most attractive hotel market regionally.

Average Daily Rate 130

Average Daily Rate Occupancy Forecasting Hotels 130

Hotel Speak

MAY 14, 2025

Predictive Demand Forecasting Predictive analytics utilizes historical data, market trends, and external factors to forecast future demand. By analyzing booking patterns, guest behavior, and local events, hotels can anticipate occupancy rates and adjust strategies accordingly.

Management 51

Management Forecasting Occupancy Services 51

Hotel Speak

SEPTEMBER 26, 2024

In September 2024, I gathered over 20 hoteliers and inudstry experts to explore five pertinent issues 1) 2024 Performance, 2) Revenue Generation, 3) Staffing and Leadership, 4) Marketing and Demand and 5) Technology and Vendors. Any increase in revenue is going to come through occupancy, so 2024 has been a bit more of a push.

Market 104

Market Marketing Hotels Forecasting 104

Hotelier Magazine

AUGUST 27, 2024

WASHINGTON — After three consecutive months of year-over-year increases, Canada’s hotel industry recorded a decline in occupancy, according to CoStar’s July 2024 data. July 2024 (percentage change from 2023) Occupancy: 75.2 Though most segments grew year over year, group occupancy continued to decline, down 8.5 per cent (down 0.4

Occupancy 59

Occupancy Forecasting Consumer Hotels 59

STAAH

MAY 21, 2024

50% Occupancy with One Group Booking Scenario: A 50-room hotel has sold 25 rooms to one group, reaching 50% occupancy. Consideration: Evaluate market demand, competition pricing, and historical booking trends. However, the price hike should still reflect competitive rates and market demand to avoid turning potential guests away.

Occupancy 114

Occupancy Retail Yield Management Forecasting 114

Hotel Business

NOVEMBER 16, 2022

occupancy for Thanksgiving week is at 29%, pacing 1% higher than 2019 levels. markets with occupancy at more than 50% matches 2019 levels for Thanksgiving week. While the top markets have changed year-over-year, there are currently nine markets at more than 50% occupancy—the same amount in 2019 for the same stay week.

Occupancy 59

Occupancy Forecasting Market Marketing 59

Hotel Speak

JANUARY 9, 2025

Revenue management relies heavily on core principles such as data collection and forecasting. Forecasting: Using historical data and market trends to predict future demand and optimise pricing accordingly. Pricing optimisation: Setting the right prices to maximise revenue while maintaining occupancy. To AI or Not to AI?

Revenue Management 77

Revenue Management Revenue Management Ancillary Revenue 77

Hotel Business

DECEMBER 13, 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.

Forecasting 52

Forecasting Occupancy Closing Travel 52

Hotelier Magazine

FEBRUARY 10, 2025

TORONTO Canadas hotel investment market saw significant growth in 2024, with total transaction volume reaching $2 billion, a 16 per cent year-over-year increase, according to Colliers INNvestment Canada Hotel Report Q4 2024. Overall occupancy levels remained flat, increasing by just 0.1 ADR growth is forecasted at 1.7

Average Daily Rate 52

Average Daily Rate Occupancy Hotels Revenue 52

Hotel Speak

APRIL 22, 2025

Business Intelligence Agents: Forecasting with Real-Time and Historical Data Hotel forecasting has historically relied on manual reporting, static historical data, and siloed systems. AI-powered business intelligence agents now allow operators to synthesize data from the PMS, revenue management systems, and market sources in real time.

Operations 59

Operations Forecasting Hotels Digital Marketing 59