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Melbourne’s luxury hotels welcome strong international business at Australian Open

Hotel Management

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 hotel market.

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NSW hoteliers buoyed by AA market outlook

Hotel Management

More than 120 hoteliers from New South Wales hotels were in attendance for the recent Accommodation Australia NSW Hotel Market and Economic Outlook Update at Hilton Sydney. Booking.com Market Team Manager, Keti Naumovski, said value for money is top of mind for travellers.

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Exclusive: the pub business taking on Sydney’s boutique hotel market

Hotel Management

“We’ve got some other more lifestyle hotels coming to market over the next six to 12 months and we’re going to be adding about 200 rooms into the Sydney [hotels] landscape.” With its recently opened hotels, Public is seeing strong occupancy rates continue.

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How Live Concerts from Famous Bands Affect Hotel Occupancy

eZee Absolute

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 hotel market, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand.

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CBRE: U.S. hotel performance impacted by moderate summer demand

Hotel Business

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. At the same time, the slow recovery in inbound international travel has created an imbalance in U.S. In Q3 2024, hotel demand declined 0.1%

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CBRE Forecasts Modest RevPAR Growth in 2025

Lodging

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

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CoStar: U.S. Hotel Industry Continues to Report Mixed Yearly Comparisons

Lodging

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.

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