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Amadeus: Hotel Occupancy Soars This Holiday Season

Lodging

Amadeus’ Demand360+ data as of November 27, 2023, showed that global hotel occupancy for the weeks of Christmas and New Year’s is at 23 percent. This is up 10 percent from […] The post Amadeus: Hotel Occupancy Soars This Holiday Season appeared first on LODGING Magazine.

Occupancy 299
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Adelaide hotels enjoy occupancy lift from LIV Golf and AHICE Asia Pacific

Hotel Management

Adelaide hotels are reaping the benefit of a number of large-scale events across the city in 2024, according to recent data from CoStar. During the Santos Tour Down Under, between January 12-21, hotel occupancy reached 78.1%, while revenue per available room (RevPAR) increased 11.4% year over year to AU$179.18. yoy to AU$191.25.

Occupancy 130
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US Hotels Post Highest Weekly Occupancy of the Year So Far

Hospitality Net

hotel occupancy is blossoming week over week even as rate growth slows. As the spring travel season approaches, U.S.

Occupancy 185
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Canada hotels record first transient occupancy increase in four months

Hospitality Net

After four consecutive months of year-over-year declines, Canada’s hotel industry reported a marginal lift in transient occupancy, according to CoStar’s March 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Occupancy 123
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Parking Profits: As Occupancy Stalls, Hoteliers Increase Revenue From Drive-In Guests

Lodging

Based on our February 2023 Hotel Horizons report, CBRE reports that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in 2022. This occurred even though the average occupancy for U.S. hotels is not expected to exceed 2019 levels until 2026.

Occupancy 289
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Six Nations, St. Patrick’s Day drove Dublin hotel occupancy in March

Hospitality Net

Dublin’s hotel occupancy was helped by the Six Nations Men’s 2024 championship and St. Patrick’s Day festivities, according to March 2024 preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Occupancy 127
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9 proven ways to grow your occupancy rates

eHotelier

Fortunately, price isn’t the only tool available to hoteliers looking to improve their occupancy rate. Here's a look at how to increase hotel occupancy with some tried-and-true approaches and introduce some important considerations to keep in mind when monitoring this common hotel performance metric.

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