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Record high room rates for Sydney hotels on NYE

Hotel Management

CoStar reports occupancy levels of 78.8% Following the markets seasonal pattern, New Years Eve pushed Sydneys daily ADR (AUD854.38) and RevPAR (AUD807.62) to record highs, while occupancy was 94.5% the highest level in the metric in December, CoStar said. for December 2024, up 2.1% and AUD482.35, respectively.

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Australia’s hotel occupancy stable in September but growth slow

Hotel Management

STR’s latest data market report shows September 2024 occupancy was stable despite slowing growth, standing at 72.7% Year-to-date occupancy across the country was at 70.4% Hotel occupancy is a key economic indicator,” said Goodwin. up just 0.6% on September 2023 (72.1%). compared to 68.7% in the first nine months of 2023.

Occupancy 130
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Perth hotels top the occupancy leaderboard in 2024, AHA WA reports

Hotel Management

Perth hotels are experiencing a strong resurgence in bookings, with the Australian Hotels Association (WA) reporting that the west coast city reached the highest occupancy rates in the country in 2024. From January to December 2024, metropolitan Perth hotels achieved an average occupancy level of 79.4% a 3.9%

Occupancy 130
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Hotels enjoy strong occupancy levels in Vivid Sydney’s 14th year

Hotel Management

Throughout the event, which ran from May 24 through to June 15, occupancy rates stayed strong despite unfavourable weather conditions, with hotels reporting 75% occupancy on weeknights and up to 90% on weekends. The post Hotels enjoy strong occupancy levels in Vivid Sydney’s 14th year appeared first on Hotel Management.

Occupancy 278
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Marriott Bonvoy nets multiyear deal with Tennis Australia in boost to loyalty, occupancy and rates

Hotel Management

Nuell said the partnership over the past three years has resulted in more Marriott Bonvoy sign ups, increased brand awareness and increased hotel occupancy and revenue in the company’s 10 Melbourne hotels.  “The We operated at high occupancy throughout the tournament, and are currently pacing in line with last year.

Occupancy 130
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Accor’s Brisbane hotels kick occupancy goals for footy weekend

Hotel Management

The post Accors Brisbane hotels kick occupancy goals for footy weekend appeared first on Hotel Management. The strong performance were seeing across our hotels this week highlights the incredible pull of live sport as a tourism and economic driver. Our teams are going all out to deliver unforgettable experiences for every guest.

Occupancy 130
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Amadeus and AMT partner to help Chinese hotels increase their occupancy

Amadeus Hospitality

May 22, 2025: AMT (By FANGCANG Group), the corporate hotel management and advertising platform, will support hotels to directly advertise to targeted corporate customers and travel management companies. The post Amadeus and AMT partner to help Chinese hotels increase their occupancy appeared first on Amadeus Hospitality.

Occupancy 101