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Report: Boutique hotel occupancy outpaces all U.S. hotels

Hotel Business

Boutique hotels continue to report solid occupancies and healthy ADRs, and collectively achieved increases in all performance indicators through June, according to the Boutique Hotels: Mid-Year 2023 report from The Highland Group. At mid-year 2023, boutique hotel occupancy levels indexed ahead of all U.S.

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Airbnb occupancy rate: Guide for hotels

SiteMinder

What is Airbnb occupancy rate? Airbnb occupancy rate is defined by the platform as “ the number of nights booked divided by total nights available to be booked across all relevant listings. ” Occupancy rate is a metric that is used to describe the percentage of hotel rooms that are occupied.

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Want to Improve Hotel Occupancy Rate? Try these Strategies.

Hotelogix

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. 

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Report: Independent hotels see record-breaking occupancy

Hotel Business

Hotel management system provider RoomRaccoon has unveiled its annual global report, RoomRaccoon Report 2022, “A Year of Impact: What’s Next?” In August, RoomRaccoon’s clients in Europe had record-breaking occupancy levels averaging 64% in comparison to 61% in August 2019. Hotels are generating better revenue.

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As Occupancy Stalls, Parking Drives Hotel Revenue Growth

Hospitality Net

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

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Dubai Hotels Posted Highest September Occupancy Since 2016

Hotel News Resource

Article - Dubai Hotels Posted Highest September Occupancy Since 2016 - In addition to the high occupancy, ADR was Dubai’s highest for a September since 2017.

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Canada hotel occupancy reached four-year high in August

Hospitality Net

Canada’s hotel industry reported its highest occupancy level since August 2019, according to CoStar’s August 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.