This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
More than 120 hoteliers from New South Wales hotels were in attendance for the recent Accommodation Australia NSW HotelMarket and Economic Outlook Update at Hilton Sydney. Booking.com Market Team Manager, Keti Naumovski, said value for money is top of mind for travellers.
This years event is expected to draw record fan numbers an bring an increase of up to 10% in Melbourne city hotel room bookings, across main tournament days, according to Accommodation Australia. The tournament is also expected to have a positive impact on the luxury end of the hotelmarket.
The surge in hotel bookings during these high-profile events highlights how live concerts act as powerful economic drivers for cities. In fact, concert-goers often flood the local hotelmarket, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand.
Hotel PerformanceJune 15 – June 21, 2025Percentage change from comparable week in 2024Occupancy: 70.5 percent) Among the Top 25 Markets, San Francisco saw the largest increases in occupancy (up 17.2 percent (up 1.3 percent)ADR: $163.77 (up 2.0 percent)RevPAR: $115.39 (up 3.3 percent to 72.2 percent) and RevPAR (up 26.7
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 hotelmarketing budgets often account for just two to three percent of overall revenue 1 , there is precious little margin for error.
Hotels in Queenstown, Christchurch and Rotorua have enjoyed a strong start to the year with increased room rates, driven by an uptick in international visitors, while New Zealands main centres of Auckland and Wellington saw a decline. The post Rates drop in key New Zealands two largest cities appeared first on Hotel Management.
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.
Ever wondered why some hotels consistently outperform their competitors, even in challenging market conditions? The secret often lies in their ability to master market segmentation - a strategy that's becoming increasingly crucial in today's diverse hospitality landscape.
Hotel PerformanceJune 8 – June 14, 2025Percentage change from comparable week in 2024Occupancy: 68.6 percent) Among the Top 25 Markets, St. Louis saw the highest occupancy lift (up 7.1 percent (down 2.4 percent)ADR: $163.43 (up 0.6 percent)RevPAR: $112.11 (down 1.8 percent to 73.2
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. RevPAR growth is expected to reaccelerate beginning in Q4 2024, supported by recent interest rate cuts, easing inflation and rising stock market trends.
Hotel PerformanceMay 18 – May 24, 2025Percentage change from comparable week in 2024Occupancy: 67.5% (down 0.4 Among the Top 25 Markets,St. Louissaw the highest gain in occupancy (up 19.3 […] The post CoStar: U.S. Hotel Industry Continues to Report Mixed Yearly Comparisons appeared first on LODGING Magazine.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Hotel PerformanceJune 29-July 5, 2025Percentage change from comparable week in 2024Occupancy: 61.1 percent) Among the Top 25 Markets, St. Louis saw the largest increases in occupancy (up 27.1 percent (down 0.4 percent)ADR: $156.71 (down 0.9 percent)RevPAR: $95.80 (down 1.3 percent to 64.0 percent) and RevPAR (up 38.4
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
[CLIC] Connect Podcast Hosted by Craig Sullivan, the [CLIC] Connect Podcast focuses on the California hospitality industry, featuring interviews with industry leaders discussing market trends, investment opportunities, and operational insights. Who’s it for? Episodes cover topics like social media strategies, SEO, and direct booking tactics.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Destination Canada’s data shows strong future demand, with flight bookings for 2025 already up four per cent, especially from key international markets and “highly-engaged travellers” who prioritize values-based travel and off-season exploration. Despite shortened booking windows, “overall occupancy on the books is right where it should be.”
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
This revision reflects a 40 basis point (bps) decrease in expected occupancy compared to the prior forecast, […] The post CBRE: U.S. Hotel Performance Expected to Accelerate at Year End appeared first on LODGING Magazine. CBRE now forecasts a.5 percent in August.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Marriott Bonvoy is celebrating a successful Australian Open as the events official accommodation partner for the fourth year running, with increased occupancy at its 10 Melbourne hotels, enhanced brand awareness and greater member engagement.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Even mid-range hotels significantly increased their rates, making three to four times their usual revenue in just a few nights. As a result, they ensured full occupancy at premium rates, making record-breaking profits. Heres an ultimate guide on hotel dynamic pricing strategies The Hoteliers Blunder: Who Missed the Mark?
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
According to industry studies, a single-star drop in online ratings can reduce revenue per available room (RevPAR) by 5–9% in a competitive market. Labor costs rise, parts become harder to source under time pressure, and guest areas may need to be taken out of service, affecting occupancy and satisfaction.
With a data-driven approach and AI-powered tools like eZee Mint AI , you can still maximize occupancy, increase revenue per room , and turn last-minute demand into profits. Dynamic pricing isnt just about increasing ratesits about pricing smartly based on real-time demand, market trends, and competitor rates. But you have to act fast.
Ryan Embree: Welcome to Suite Spot, where hoteliers check in, and we check out what’s trending in hotelmarketing. So the three that you mentioned, hospitality, travel, and wellness, are the markets that I have the privilege of running. I mean, the market’s in an interesting spot. Well, he got that one wrong.
hotel industry reported lower performance results from the previous month, according to January 2025 data from CoStar. Hotel Performance January 2025 Percentage change from January 2024 Occupancy: 52.5 hotel RevPAR was driven by a variety of factors, including the impacts of Hurricanes Helene and Milton, the L.A.
The PwC hotel forecast for 2025 shows 1.9% occupancy growth. occupancy growth this year. Mass market is out With a focus on experiences, personalisation and specialisation, hospitality businesses working on a mass market model are going out of fashion for many consumers. RevPAR growth in the UK regions, and a 2.3%
In this article, we explore how data analytics and AI are reshaping decision-making in the hospitality industry, with practical applications in hotel operations, marketing, and guest experience. In short, data analytics powered by AI helps hotels shift from static reporting to dynamic decision-making. The result?
In this article, we explore how data analytics and AI are reshaping decision-making in the hospitality industry, with practical applications in hotel operations, marketing, and guest experience. In short, data analytics powered by AI helps hotels shift from static reporting to dynamic decision-making. The result?
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Occupancy for the year was raised 0.1 For 2025, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were unchanged from the previous forecast, +1.6 percent and +1.8 percent, respectively. percentage points to 63.1
Prior to our present occupation, one of your two authors here, Larry, ran a hospitality and tourism marketing agency that proudly called Kona Village a client some two decades ago. At the heart of it all is the Ka‘uluola Cultural Center, offering hula and ‘ukulele lessons, as well as tours of ancient petroglyphs.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. This ensures that our team possesses the expertise needed to increase net operating income and reduce marketing costs for all the hotels we represent.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content