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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.
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%
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.
Magic Round is more than a sports event its a city-wide celebration that puts Brisbane on the national stage, said Accor Pacific Chief Operating Officer, Adrian Williams. The post Accors Brisbane hotels kick occupancy goals for footy weekend appeared first on Hotel Management.
No need to obsess over RevPAR or lose sleep over ADR – there are much more important metrics out there for revenue managers. Revenue management is not a walk in the park. The latest guide by Mews, the industry-leading hospitality cloud, explores the new success metrics for revenue managers. Get your copy here.
Speaking exclusively to HM , STR Regional Director Asia Pacific ex China, Matthew Burke, reported a +50% decline in occupancy across South East Queensland and Northern New South Wales. Encouragingly, Easter forward occupancy remains unaffected for now. We’re closely monitoring booking trends.
Recent data from CoStar shows Auckland experiencing the highest occupancy levels of the three cities, peaking at 84.1% The second highest occupancy on the books (79.1%, +25.5% With the tour already pushing the market’s daily occupancy over the 80% mark, this will be the first time Auckland will see levels this high since July.”
Sales and revenue management are two departments that seemingly should be a match made in heaven but often find themselves at odds with differing goals for success.
Managing a hotel isnt just about filling rooms; its about making your systems and operations work together seamlessly. Enter the channel manager. 1) PMS + channel manager = real-time peace of mind Your Property Management System (PMS) is your operational command centre.
The ‘specialist skills’ pathway will be open to eligible applicants earning at least $135,000 in any occupation with the exception of trade workers, machinery operators and drivers and labourers. Ferguson said the new migration strategy is “a positive step forward” in building a better system that works for business and the community.
Solid occupancy isnt enough anymore. While occupancy is still a core metric, relying on it too heavily can leave your property management business vulnerable to seasonal swings, economic uncertainty, and a volatile demand environment. Why You Cant Rely on Occupancy Alone First, lets state the obvious: you dont control demand.
While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities. In this article, we explore what decision intelligence is and the transformative effect it’s bound to have across demand optimization, segmentation, operations, and training and enablement.
With more channels, shifting guest expectations, and tighter margins, the Channel Manager is now central to commercial strategy. Its not just about where youre listed, its about how well you manage, price, and promote across every touchpoint. Rethinking the Role of a Channel Manager 3. Choosing and Managing Your Channel Mix 8.
Operating a hotel without solid answers to core business questions is like flying blind. Its no longer enough to glance at daily occupancy numbers or fleeting ADR trendshoteliers must dig deeper to ensure that every decision they make aligns with profitability and guest satisfaction. Where are your actual profit levels?
Accor Pacific Chief Operating Officer PME, Adrian Williams, told HM there has been an unprecedented level of interest in Accor hotels and its loyalty programme ALL – Accor Live Limitless since the concerts were first announced – and not just in these two cities. “The
Marriott International has reported high occupancy levels this week across its 10 Melbourne hotels, up 6% year on year. The post Marriott reports international travellers behind Melbourne room sell out on Grand Prix weekend appeared first on Hotel Management.
EVT Hotels and Resorts is partnering with Oscars Group for the first time, under a deal to manage a 186-key hotel in Brisbanes Fortitude Valley. We look forward to delivering strong occupancy for the property, supporting a world-class stay.
Managing online bookings is one of the biggest challenges for hotels today, especially when they work with multiple Online Travel Agencies (OTAs) like Booking.com, Expedia, and Agoda. Thats why a Channel Manager is essential. Without one, hotels risk operational inefficiencies, lost revenue, and unhappy guests.
The Federal and Queensland State government initiative includes discounted airfares and accommodation which is expected to boost business for local tourism operators. The post Government steps in to drive return of tourism to Far North Queensland following Cyclone Jasper appeared first on Hotel Management.
is set to acquire Queenslands Castaways Resort and Spa Mission Beach, President and Managing Director, International Operations, Barry Robinson, announced at AHICE Asia Pacific on Thursday May 7. acquires beachfront resort in Queensland appeared first on Hotel Management. Travel and Leisure Co. The post Travel and Leisure Co.
Accor is Australias largest hotel operator with more than 350 hotels, resorts and apartments nationally and over 100 in Queensland. Accor Pacific Chief Operating Officer PM&E, Adrian Williams, said the strength of Queensland bookings was particularly encouraging.
STAAH has transformed the business operations and online reach of The Malhar Machi Mountain Resort and Jalsrushti Island Resort run by the SwaRa Group of Hotels in the outskirts of Pune. STAAH has helped us in managing our inventory seamlessly, grow our online presence and open doors to various market segments.
has launched its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals. Energy management systems (EMS) are high-impact investments that deliver proven value and a measurable ROI. Nomadix Inc.
Filling multiple rooms on a single reservation, group bookings are a cost-effective way to boost occupancy, especially during quieter periods. Group bookings were traditionally the territory of […] Source
As a leader in revenue management consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenue management trends keep evolving. While questions like What are the top trends in revenue management for 2025? Want to read more about the basics of revenue management?
A bed bank is a business-to-business (B2B) travel provider that connects hotels with travel distributors, such as online travel agencies (OTAs) and tour operators. Serving as intermediaries in the travel industry, bed banks enable hotels to increase occupancy without directly managing complex distribution channels.
The Singapore market absorbed the increase in supply in 2024 well, with ADRs remaining well above historical levels and hotels reporting strong occupancy. The post Exclusive: The Good, The Not So Good and The Bad news for travel and tourism appeared first on Hotel Management.
Landmark WA hotel Hyatt Regency Perth is set to close its doors next month after 36 years in operation with its Singapore-based owner Tuan Sing Holdings Limited seeking to embark on a new hospitality direction. This follows the termination of the hotel management agreement between Hyatt and the hotel’s owner, Tuan Sing Holdings Limited.
Marriott International, the preferred accommodation partner for the event, has reported high-level bookings over the next two weeks, with their eleven Melbourne hotels at 100% occupancy on April 1 – an incredible feat for its newly opened hotels, Le Méridien Melbourne and The Ritz-Carlton Melbourne. It’s exciting for us.
announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals. announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals.
STAAH has revolutionized Black Rock Hotels’ online booking process by implementing advanced technology solutions that streamline inventory management and synchronize distribution channels. This move has not only helped optimize operational efficiency but also resulted in significant revenue growth for the hotel chain.
Integration of Advanced Technology: The adoption of smart technologies is enhancing operational efficiency and guest satisfaction. We have deep expertise in F&B operations and last year saw significant increase in our F&B sales. We dont believe in a one-size-fits-all attitude to F&B. in the US, 71.2% in Europe and 65.1%
Hoteliers are under mounting pressure to modernize operations and exceed increasingly sophisticated guest demands. In response, hotels are increasingly enhancing traditional hotel software systems by turning to AI agentstask-specific, autonomous systems that augment staff, streamline operations, and personalize the guest journey.
Sydney hotels are already at 84% occupancy for The Eras Tour long weekend, according to Accommodation Australia. Ovolo Hotels is among the operators to feel the impact of Swift’s star power. “We The post Swift’s sold-out Sydney concerts expected to bring over 100,000 visitors to the state appeared first on Hotel Management.
While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year. The occupancy projection for this year was lowered 0.2% downgrade in occupancy coupled with a 0.7% and 1.3%, respectively. For 2024, a 1.4% lift in ADR meant a RevPAR downgrade of 0.6%.
Managing bookings across multiple channels has become a core part of running a successful hospitality business. From hotels and vacation rentals to holiday apartments, properties of all types rely on channel managers to simplify operations. Choosing the best channel manager isn't just about convenience.
Burke had plenty of positive news to share with occupancy trending back to 2019 levels, while rates are up 25%. He revealed that ADR more than occupancy separates the major markets; and luxury still leads in total growth, although midscale is making major strides. View the full collection of images from Day 1 of AHICE Aotearoa.
Challenges in managing bookings and operations As a boutique property with eight rooms and two villas, Omah Kayu Bromo initially faced significant operational challenges, particularly in managing booking schedules and room availability. Now the system runs smoothly, and we no longer experience double bookings.
Combined with AI and other tech solutions, it drives higher bookings, operational efficiency, and personalized guest communication. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication. But analytics alone isn’t enough.
From both cost savings and sustainability perspectives, energy management has long been a key initiative for hoteliers. But with the rise in utility prices last year, optimizing energy efficiency has become an even higher priority among owners and operators.
Barry Robinson, President and Managing Director International Operations, Wyndham Destinations Travel and Leisure Co. Our international region consists of some 71,000 vacation club members, approximately 75 resorts and operations across 13 countries. We are in interesting times.
Periods of high demanddriven by holidays, festivals, or local eventscan strain resources, impact guest satisfaction, and complicate revenue and maintenance management. By utilizing the power of data, hotels can anticipate demand surges, optimize maintenance operations and enhance the guest experience.
Operated by La Vie Hotels and Resorts, Adge Hotel and Residences opened last August on the site of the former Cambridge Hotel. La Vie reports that the hotel has exceeded occupancy targets since opening, regularly selling out during key events. The feedback from our guests has been nothing short of great.
From the moment a guest walks through the doors until their departure, every aspect of their stay is carefully curated through the lenses of hotel operating systems and the adept oversight of a hotel operationsmanager. Efficient front office operations are crucial for guest satisfaction as they set the initial impression.
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