Intent Occupancy Pipeline 
Hotel Management
FEBRUARY 27, 2025
Australias hotel sector is on track for a full recovery by the end of 2025, with all major cities recording occupancy growth, according to new CBRE data. National occupancy rates sit at 71%, up 2% year-on-year, while average daily rate (ADR) remains stable at AU$240 and revenue per available room (RevPAR) is up 3.8%
Hotel Speak
OCTOBER 3, 2024
Robert Shrimsley, Editorial Director for the Financial Times, began the AHC by noting that there remains “a phenomenal amount of unanswered questions” when it comes to the UK’s new leadership’s direction, intentions and roadmap for success. Robert Shrimsley, Financial Times 2. Only ultra-luxury properties saw a slight decline, from 31.7%
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Hotel Business
NOVEMBER 2, 2023
We expect strong fee growth to continue, fueled by our record pipeline of 123,000 rooms and higher levels of conversion opportunities combined with robust demand for travel around the globe. Pipeline of executed management or franchise contracts was approximately 123,000 rooms. in the third quarter of 2023 compared to 2022. As of Sept.
Hotelier Magazine
OCTOBER 10, 2024
Occupancy is up. I would say that over the 12-month period, our occupancy has been up 1.3 The only areas that we’re seeing some difficulty is in our resort properties where climate change is impacting the occupancy and the business levels there. How has this impacted ADR and occupancy? Bob Singh: A great year.
Boutique Hotel News
DECEMBER 20, 2022
According to Matterport , JLL was able to transact 85 per cent faster using digital twin technology, and hospitality properties with a digital twin can increase occupancy by 14 per cent. As interest in digital twins grows, technology providers are rolling out new products to meet the demands of hospitality and real estate professionals.
Hotelier Magazine
JULY 4, 2023
As we grow with intention, so too do the opportunities for our people, ensuring we create an environment in which they can flourish.” and Canada, RevPAR increased five per cent over the 2019 quarter, driven by further improvement in occupancy and an 11-per-cent increase in ADR. billion to shareholders. In our largest region, the U.S.
Travel Media Group
APRIL 24, 2024
It’s turned into one of the fastest brands in Hilton’s history to make sure I get these numbers right over with more than 650 open hotels, it’s got one of the largest pipelines right now in the us. And we know our honors guests are fiercely loyal, Home2 runs over a 70% honors, um, occupancy.
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