Hotelogix

DECEMBER 19, 2024

Picture a system that displays your hotel's current status and forecasts its future. Predictive Analytics Advanced hotel business intelligence software also has the ability to forecast future trends. Forecasting: Guessing how full the hotel will be and how much money it could make.

Business 40

Business Hotels Forecasting Revenue 40

Cloudbeds

NOVEMBER 13, 2024

Past guests include Sarah Fults, VP of Distribution at MGM Resorts, James Lemon, Global Lead of Travel, Transport, and Leisure at Stripe, Jason Pinto, Co-Founder and COO at Pace Revenue, and more. Episodes discuss market performance, forecasting , and the impact of various factors in the hospitality industry. Who’s it for?

Hospitality 52

Hospitality Events Hotel Marketing Marketing 52

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.

Revenue Management 77

Revenue Management Revenue Management Ancillary Revenue 77

Hotelier Magazine

APRIL 15, 2025

Hotel Crunch Threatens Growth Vancouver hotels are operating at near full capacity, with 80 per cent average annual occupancy and up to 95 per cent during peak seasons well above rates in peer cities. The Urban Resort: high-end, boutique hotels offering unique local experiences.

Real Estate 52

Real Estate Events Retail Forecasting 52

SiteMinder

DECEMBER 17, 2024

The opportunity to negotiate for exclusive rates and agreements: This will help deliver you certainty around your future occupancy and revenue, giving you more accurate forecasts and a strong foundation from which you can optimise your revenue management strategy. It made the process seamless.

Global Distribution System 52

Global Distribution System Average Daily Rate Revenue Travel 52

Hospitality Tech

JUNE 15, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. Anacove’s integrations include: Smart Thermostats that go far beyond basic climate control. Clap resides in Connecticut with his wife and has two adult children.

Forecasting 52

Forecasting Services Operations Ancillary Revenue 52

Hotelier Magazine

MAY 15, 2025

Occupancy has a strong foothold in the Canadian marketplace today, said Nguyen, forecasting that 2025 will be a year of moderation with limited room for occupancy growth and slower ADR momentum. While the broader economy may be slowing, they said optimism remains high across much of the countrys hospitality landscape.

Real Estate 52

Real Estate Hotels Operations Sales 52

SiteMinder

JUNE 22, 2025

We certainly felt the impact, especially going into March,” says Christopher Ellison, Vice President of Revenue at Brittain Resorts and Hotels, a full-service hospitality management company based in the Southeast region. According to Tourism Economics’ latest forecast, 2025 remains on track to achieve over 1.6

Revenue 59

Revenue Consumer Revenue Management Hotels 59

Hospitality Tech

JUNE 15, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. Anacove’s integrations include: Smart Thermostats that go far beyond basic climate control. Clap resides in Connecticut with his wife and has two adult children.

Forecasting 52

Forecasting Hotels Services Operations 52

Xotels

MARCH 3, 2025

Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. These tools use data-driven insights, automation, and forecasting to ensure youre charging the right price at the right time. What Are Revenue Management Tools?

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Hospitality Tech

JUNE 16, 2025

” 6/15/2025 HITEC 2025: UrVenue Launches UrResort UrVenue launches UrResort , its newest product developed in response to the growing demand from hotels and resorts for a more tailored solution. UrResort brings together a connected suite of solutions designed to help resort operators centralize and commercialize non-room inventory at scale.

Operations 52

Operations Upsell Services Scale 52

Hospitality Tech

JUNE 16, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. OPERA Cloud is a composable, unified hospitality platform that enables hotels, resorts, and casinos to streamline operations and drive growth.

Upsell 52

Upsell Services Operations Scale 52

Catala Consulting

JANUARY 21, 2025

Whether its a seamless check-in process, personalized dining recommendations, or proactive problem-solving, customer satisfaction is at the heart of every hotel, resort, and travel business. Conversely, during low-occupancy periods, prices can be lowered to attract more bookings while still maintaining profitability.

Hospitality 52

Hospitality Services Business Operations 52

Hotelogix

APRIL 11, 2025

Hotel tax, often referred to as occupancy tax, lodging tax, or tourism tax, is a fee imposed on guests staying at hotels , motels, or other lodging facilities. This revenue is forecast to increase to approximately $54.36 In some regions, hotel occupancy tax collections are showing remarkable growth. What Is Hotel Tax?

Occupancy 40

Occupancy Tourism Hotels Revenue 40

Hospitality Tech

JUNE 16, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. OPERA Cloud is a composable, unified hospitality platform that enables hotels, resorts, and casinos to streamline operations and drive growth.

Management 52

Management Upsell Services Operations 52

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

SiteMinder

MARCH 16, 2025

With the global hotel and resort industry valued at $1.5 With occupancy rates projected to increase by 2.5% In a highly competitive industry, even small improvements in service quality can lead to higher occupancy rates and repeat bookings. trillion in 2023, the demand for skilled operations managers has never been higher.

Operations 52

Operations Management General Manager Hotels 52

Hotelogix

MARCH 21, 2025

Why EBITDAR is a More Accurate Measure for Hotels Imagine this: Two luxury hotels in the same city, offering nearly identical services, amenities, and occupancy rates. For example: A Hilton-owned resort in Miami will have higher EBITDA because it doesn’t pay rent —it owns the property.

Hotels 40

Hotels Operations Revenue Business 40

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

Hotel Management

AUGUST 8, 2024

S Hotels and Resorts, the international hospitality company from Singha Estate recently celebrated the grand opening of SO/ Maldives , the third lifestyle resort at Crossroads Maldives, the Indian Ocean’s first and only fully-integrated leisure destination.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

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

Hotel Business

APRIL 15, 2024

decrease in occupancy, which was driven in part by a 1.3% This is 61 basis points higher than previously forecast. decrease in occupancy, which was driven in part by a 1.3% Resorts were the only location type to register RevPAR gains in February. Resorts outperformed all other location types, posting the only gain, up 0.9%

Occupancy 59

Occupancy Consumer Market Share Forecasting 59

Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it. 

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

eZee Absolute

AUGUST 25, 2024

The name itself conjures images of pristine beaches, swaying palm trees, and idyllic resorts. Terra Paraiso , a stunning beach resort nestled in this paradise, embodies the Goan spirit. While the location might seem perfect for a thriving hotel business, Resort Terra Paraiso’s journey wasn’t always smooth.

Resorts 52

Resorts Revenue Fair Share Operations 52

Hotel Business

AUGUST 17, 2023

CBRE is reducing its forecast for hotel performance this year, as weaker-than-expected summer demand resulted in a shortfall in Q2 2023 RevPAR. The company has revised its forecast for 2023 RevPAR to $96.64, up 4.6% from its previous forecast in May. in 2023, down 10 bps from the previous forecast. ADR growth of 2.6%

Forecasting 52

Forecasting Hotels Travel Occupancy 52

Inn Quest

AUGUST 8, 2023

For example, if you have a hotel or resort near the ski area, your hotel will have more demand during winter and lower in the summer when there is no/little snow. By accurately forecasting demand patterns, hoteliers can allocate the right number of rooms to each price tier.

Hotels 88

Hotels Overbooking Occupancy Revenue 88

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Inn Quest

MAY 11, 2023

By drawing in more visitors, raising occupancy rates and enhancing profitability, a thoughtful pricing strategy can help hotels maximize their revenue. Even if occupancy rates do not rise, this can help hotels raise their profit margins. A Rise in Profitability: Effective pricing strategies can also boost a hotel’s profitability.

Revenue 88

Revenue Occupancy Hotels Marketing 88

Hotel Business

APRIL 4, 2023

Not only does Tripleseat push the name of room block details, but it enables operators to better forecast inventory and revenue. When a room is picked up in Maestro, it will update the pickup count in Tripleseat and on the hotel, resort or conference center’s guest portal. Occupancy will be reflected in pickup counts.

Forecasting 59

Forecasting Overbooking Events Sales 59

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. Hotel occupancy will increase 2.5%

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

Cloudbeds

APRIL 1, 2025

Demand forecasting PMax adjusts bids based on demand forecasting by analyzing signals such as historical booking patterns (like Charleston’s wedding season spikes), market trends (increased interest in historic districts), typical lead times, and external events (graduation weekends, corporate retreats) to predict occupancy.

Travel 52

Travel Intent OTA Forecasting 52

Hotel Speak

JULY 19, 2024

especially if your comp set is trending ahead on occupancy on the books. But what happens when you work in a market where there’s a more delicate balance of supply and demand where it’s difficult to forecast because the demand fluctuates very heavily? Instead, this resort should be marketed to 20-30-year-olds.

Revenue 83

Revenue Management Revenue Management Average Daily Rate 83

Cloudbeds

MAY 31, 2023

By monitoring market pricing intelligence, hotels can stay apprised of opportunities to flex pricing power, increase ADR (average daily rate), and lower pricing to increase occupancy. Automated rules will adjust pricing when a certain rate variance or occupancy threshold is reached – or allow you to do so manually.

Shopping 52

Shopping Revenue Management Average Daily Rate Revenue 52

Cloudbeds

FEBRUARY 15, 2023

For example, a hotel pays the same rent and property taxes whether it’s running at 30% occupancy or 100% occupancy. fixed monthly subscription fees) Variable costs Variable costs can fluctuate from day to day and are often correlated with occupancy levels. Look for patterns, outliers, and areas for improvement.

Operations 52

Operations Occupancy Revenue Hotels 52

Hotelier Magazine

JULY 9, 2024

By Nicole Di Tomasso According to Avison Young’s Canada Hotel Market Report, Canada’s hotel industry demonstrated a strong recovery in 2023, surpassing pre-pandemic levels in key performance indicators (KPIs) such as Average Daily Rate (ADR), Revenue Per Available Room (RevPAR) and occupancy. In comparison to 2022, occupancy was 65.7

Average Daily Rate 52

Average Daily Rate Occupancy Pipeline Hotels 52