Forecasting Marketing Occupancy 
Lodging
NOVEMBER 19, 2024
hotel forecast revision of 2024. Occupancy for the year was lowered 0.1 percent, after the previous forecast projected the metric to remain steady from 2023. Occupancy for the year was lowered 0.1 percent, after the previous forecast projected the metric to remain steady from 2023. percentage points to +1.5
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
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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.
Lodging
NOVEMBER 20, 2023
hotel forecast revision of 2023. Occupancy was downgraded slightly (by 0.2 Occupancy was downgraded slightly (by 0.2 Hotel Forecast Revision of 2023 appeared first on LODGING Magazine. For 2023, growth in RevPAR was raised by 0.3 percentage points, due to a 0.6 percentage point lift in ADR growth. percentage points).
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.
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.
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.
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