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 Management

FEBRUARY 13, 2024

Both Melbourne and Sydney properties are forecasted to have 100% occupancy during concert dates and transient revenue is up to 30% stronger in comparison to other popular concerts,” Hutton told HM exclusively, noting that many hotel guests are asking if they are able to decorate their rooms with Taylor merchandise.

Occupancy 290

Occupancy Tourism Events Accommodation 290

STAAH

APRIL 29, 2025

Advanced Strategies to Maximize Revenue a. Dynamic Pricing: Real-Time Revenue Optimization c. Todays winners in hospitality are those who use tools like a Channel Manager not only to sync availability but to maximize revenue, streamline operations, and build a resilient digital strategy. The New Age of Hotel Distribution 2.

Revenue 88

Revenue Management OTA Average Daily Rate 88

Amadeus Hospitality

JUNE 5, 2025

Amadeus, a leading provider of travel technology solutions, and UN Tourism , have released a new report with comprehensive data on travel in Asia Pacific. The report presents a detailed analysis of passenger traffic and capacity trends from March 2023 to February 2025 and provides a forecast extending to August 2025.

Tourism 52

Tourism Market Marketing Average Daily Rate 52

Hotel Management

MAY 2, 2023

APAC Revenue Management Summit 2023 – “Unstoppable” May 23 and 24 Are you looking to take your revenue management skills to new heights? Look no further than the APAC Revenue Management Summit , the must-attend conference for hospitality and tourism operators.

Revenue 130

Revenue Revenue Management General Manager Forecasting 130

Hotel News Resource

NOVEMBER 19, 2024

The final forecast revision for U.S. hotel growth in 2024 shows downgraded projections for average daily rate (ADR), revenue per available room (RevPAR), and occupancy.

Average Daily Rate 92

Average Daily Rate Forecasting Occupancy Tourism 92

STAAH

JANUARY 6, 2025

STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels in key tourism destinations across Southeast Asia, including Malaysia, Vietnam, Singapore, Indonesia, Thailand and Philippines, over the past year.

OTA 109

OTA Global Distribution System B2B Accommodation 109

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 Occupancy Revenue Management Revenue 75

Hotel Management

FEBRUARY 20, 2024

Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. 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 News Resource

AUGUST 8, 2024

percentage points, while revenue per available room (RevPAR) was held steady at +2.0% For 2024, projected gains in average daily rate (ADR) were downgraded 0.1 year over year.

Average Daily Rate 81

Average Daily Rate Forecasting Tourism Revenue 81

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

MAY 15, 2025

The World Travel & Tourism Council (WTTC) , the global body representing the travel and tourism private sector, revealed its latest Economic Impact Research, which found that the U.S. The loss wont be felt by travel and tourism alone, with WTTC saying it represents a direct blow to the U.S. Travel and tourism contributed $2.6

Travel 59

Travel Tourism Market Marketing 59

Hotel Business

AUGUST 15, 2024

CBRE is reducing its forecast for U.S. increase in revenue per available room (RevPAR) growth for 2024, down from the 2% estimated in May 2024. year-over-year growth in the first half, driven by international tourism and election-related events. CBRE forecasts GDP growth of 2.3% The company now projects a 1.2%

Forecasting 59

Forecasting Construction Events Occupancy 59

Hotelier Magazine

AUGUST 16, 2023

STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. hotel forecast presented at the recent 15th annual Hotel Data Conference. For 2023, growth in Revenue Per Available Room (RevPAR) was lowered by 0.5 The post STR and Tourism Economics Lower Growth Forecast for U.S.

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

eHotelier

NOVEMBER 20, 2023

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. hotel forecast revision of 2023.

Forecasting 52

Forecasting Average Daily Rate Tourism Revenue 52

Hotelogix

MARCH 27, 2025

The growing trend of slow tourism offers a refreshing alternative to the fast-paced, overscheduled vacations many travelers have been experiencing. 👉 Read Also - ChatGPT for Hotels: Boost Direct Bookings & Reduce Costs Why People Like It Slow tourism resonates because it creates a richer, more memorable travel experience.

Tourism 40

Tourism Travel Dining Operations 40

eHotelier

NOVEMBER 27, 2022

STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2022.

Forecasting 52

Forecasting Average Daily Rate Occupancy Tourism 52

Little Hotelier

SEPTEMBER 4, 2024

Domestic tourism definition Domestic tourism’s definition is much the same as domestic travel, except it takes into account only those who are travelling for leisure. Domestic tourism example An example of domestic tourism might be an American family travelling from another state to visit California and stay at Disneyland.

Tourism 98

Tourism Travel Business Marketing 98

Demand Calendar

JULY 17, 2024

The travel and tourism industry will experience significant growth in the future, contributing to around 9 percent of global GDP. These forecasts suggest a growing market with plenty of guests to fill hotel rooms. This blog post delves into three fundamental pillars of a successful hotel operation.

Forecasting 97

Forecasting Consumer Tourism Hotels 97

Catala Consulting

SEPTEMBER 26, 2024

The Revenue Management Playbook Online Course is now LIVE! The hospitality industry is evolving faster than ever, and with this evolution comes a heightened need for revenue management expertise. In an industry where supply and demand can change rapidly, effective revenue management is essential for a hotel’s financial success.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hotel Business

JANUARY 25, 2024

JLL’s Hotels & Hospitality Group ‘s Global Hotel Investment Outlook 2024 forecasts that global hotel investment volume will increase 15% to 25% year-over-year. Hotels are integrating into various aspects of consumerism by selling retail products online, creating new revenue streams and fostering customer loyalty.

Consumer 127

Consumer Real Estate Tourism Hotels 127

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. Hotels are generating better revenue. Domestic tourism is still going strong.

Occupancy 116

Occupancy Ancillary Revenue Upsell Revenue 116

Hotel News Resource

AUGUST 11, 2023

For 2023, growth in revenue per available room (RevPAR) was lowered by 0.5 percentage points, due to a 0.6ppt downgrade in occupancy growth. For 2024, the RevPAR growth projection was also lowered 0.5ppts on a 0.5ppt downgrade in occupancy. Average daily rate (ADR) was upgraded 0.1ppts for 2023 but kept flat for 2024.

Average Daily Rate 52

Average Daily Rate Forecasting Occupancy Tourism 52

Hotel News Resource

MARCH 5, 2025

Hotel revenue per available room (RevPAR) growth across Europe, Asia Pacific, the Middle East, and the U.S. is projected to see modest improvements in 2025.

Forecasting 45

Forecasting Tourism Market Marketing 45

Hotel Management

AUGUST 8, 2024

First launched in September 2019, Crossroads Maldives is one of the most pivotal projects in the history of the Maldivian tourism industry. Overall, the Maldives accounted for 27% of S Hotels and Resorts’ worldwide revenue in 2023 – its second-largest market after the UK.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

Little Hotelier

OCTOBER 17, 2024

Income statement Also known as the profit and loss statement, this report summarises a hotel’s revenues and expenses, then determines the profits or losses over a specific period. Financial planning and forecasting The key to financial planning and forecasting? mortgage or loan interest statements.

Average Daily Rate 93

Average Daily Rate Revenue Hotels Sales 93

Hotelier Magazine

MARCH 11, 2024

Marsha Walden: Our latest Tourism Outlook report shows total tourism revenue is set to exceed 2019 levels, generating a projected $109.5 Marsha Walden: Our latest Tourism Outlook report shows total tourism revenue is set to exceed 2019 levels, generating a projected $109.5 billion by the end of 2023.

Tourism 52

Tourism Business Marketing Market 52

Boutique Hotel News

MAY 4, 2023

UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.

Tourism 52

Tourism Consumer Average Daily Rate Occupancy 52

Hotelogix

AUGUST 6, 2024

Moving from merely managing hotel revenue to maximizing profit is a critical transformation that ensures your property's long-term success. Here's a detailed guide on transforming your hotel's revenue management to focus on profit maximization. Train your staff to identify and capitalize on upselling opportunities.

Revenue 52

Revenue Management Upsell Target Marketing 52

STAAH

AUGUST 22, 2023

Not only does low occupancy result in lower revenue, but it also affects cash flow – sucking out much-needed liquidity for a hotel to pay for ongoing fixed costs. Anticipating your demand The first step to optimise for low occupancy periods is to understand when they happen – forecasting demand is critical to manage it.

Occupancy 98

Occupancy Forecasting OTA Revenue 98

Social Tables

JANUARY 14, 2022

Exchanges focus around meeting face-to-face with a wide array of vendors, buyers, and mountain tourism suppliers from around the world. The theme of the 52nd Annual Travel and Tourism Research Association International Conference is “Regenerative Tourism: Building Resilience.” Exchanges will be held at the Dobson Ice Arena.

Hospitality 158

Hospitality Events Tourism Business 158

Cloudbeds

DECEMBER 4, 2024

By integrating spa software with existing hotel technology , hoteliers can streamline guest services, enhance satisfaction, and ultimately drive revenue, capitalizing on the growing demand for wellness tourism. You can set rules and dependencies for your property to optimize revenue.

Revenue 52

Revenue Upsell Operations Services 52

Hotelogix

APRIL 11, 2025

Did you know that hotel taxes contribute billions of dollars annually to local economies, funding everything from infrastructure projects to tourism promotion? 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. billion in 2024.

Occupancy 40

Occupancy Hotels Tourism Revenue 40

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. Nguyen also noted that Quebec City and Montreal are expected to perform steadily, bolstered by European and domestic tourism.

Real Estate 52

Real Estate Hotels Operations Sales 52

Hotel Business

NOVEMBER 20, 2023

This first-of-its-kind report, produced through a partnership between Sojern and Digital Tourism Think Tank (DTTT) , and supported by Brand USA , Destination Canada and the European Travel Commission , sheds light on the latest industry trends and challenges.

Market 116

Market Marketing Digital Marketing Marketing Strategy 116

Hotelier Magazine

FEBRUARY 27, 2025

per cent) Revenue Per Available Room (RevPAR): $89.60 (up 3.1 CoStar and Tourism Economics most recent forecast for 2025 projects RevPAR growth of two per cent, with a 1.8-per-cent Should any proposed tariffs materialize, it could result in a contraction to the economy, and this remains a downside risk to our forecast.

Average Daily Rate 59

Average Daily Rate Occupancy Forecasting Construction 59

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. The Hotel Marketing Podcast is for hotel marketers, revenue managers, and hospitality professionals looking to enhance their marketing efforts.

Hospitality 52

Hospitality Events Hotel Marketing Market 52