Hotel Business

DECEMBER 12, 2022

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. Domestic tourism is still going strong.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

Hotel Management

MARCH 25, 2024

Intellisoftware will also gain a seat on ARMA’s Skills Council to provide input for ARMA’s nationally recognised and accredited VET qualification in revenue and yield management launching this year. Melissa Kalan ARMA CEO, sharing her insights on the partnership stated, “This collaboration marks a significant milestone for us.

Revenue Management 130

Revenue Management Revenue Yield Management Management 130

STAAH

AUGUST 22, 2023

With a little creativity and lots of data and insights, low occupancy periods can be more efficiently managed Low occupancy is largely driven by seasonality with off-peak times being marked by fewer bookings and even lower forward bookings.

Occupancy 77

Occupancy Forecasting OTA Revenue 77

Hotel Management

MAY 25, 2023

Michael Johnson, CEO of Tourism Accommodation Australia and Interim CEO of Accommodation Association said the festival has evolved greatly over the years to become a “demand driver” for hotels. This year, Johnson explained, while there is demand for weekend bookings, occupancy during the week is softer than expected.

Occupancy 245

Occupancy Tourism Events Accommodation 245

Amadeus Hospitality

JANUARY 23, 2024

Air capacity is well over 100% of 2023 volumes across all regions, demonstrating increased opportunities for travel January 24, 2024 – A new report released today by Amadeus in collaboration with UN Tourism shows a positive trend for air travel and hospitality in the Americas at the start of 2024.

Tourism 80

Tourism Travel Occupancy Forecasting 80

Hotel Management

AUGUST 29, 2023

Accor has reported strong recovery in its Western Australian hotels with occupancies of 68% year-to-date (YTD), marking a 7.5% Speaking to media in Perth last week, Accor Pacific CEO, Sarah Derry, said Perth was Accor’s second-best performing city in Australia (just behind Sydney), with 71% average occupancy YTD, 11.6%

Occupancy 130

Occupancy Tourism Events Scale 130

Hotel Management

DECEMBER 19, 2023

Nearly six months on from the formation of Accommodation Australia – an amalgamation of the Accommodation Association and Tourism Accommodation Australia – CEO Michael Johnson spoke to HM’s Ruth Hogan about what has been achieved this year and what’s top of the agenda for 2024. How did you go about tackling the Victoria tourism levy issue?

Accommodation 290

Accommodation Tourism Occupancy Closing 290

Hotel Management

JUNE 6, 2023

STR and Tourism Economics have upgraded the 2023 United States hotel forecast, released at the 45th Annual NYU International Hospitality Industry Investment Conference in New York this week (June 5). The occupancy projection for this year was lowered 0.2% The occupancy projection for this year was lowered 0.2% For 2024, a 1.4%

Forecasting 264

Forecasting Average Daily Rate Occupancy Tourism 264

Hotel Management

MARCH 14, 2024

Hotel occupancy, which is at a market average of 70%, is up 15% year-on-year, but remains down (-9%) on pre-pandemic levels. Rotorua’s hotel occupancy rate showed the most improvement, up 39% compared to 2022, slightly ahead of Queenstown, which was up 38%, and higher again than Auckland, which has had a 33% lift.

Occupancy 130

Occupancy Events Tourism Hotels 130

Hotel Management

MARCH 25, 2024

The boutique PR consultancy will specialise in the travel, tourism and hospitality industry, bringing over 20 years of top-level experience to her clients. The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. Following a successful 2.5

Tourism 130

Tourism Occupancy Resorts Branding 130

Hotel Management

MARCH 25, 2024

The boutique PR consultancy will specialise in the travel, tourism and hospitality industry, bringing over 20 years of top-level experience to her clients. The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. Following a successful 2.5

Tourism 130

Tourism Occupancy Resorts Branding 130

Hotel Management

JULY 4, 2023

The long-term outlook for Australia’s visitor economy remains bright, despite the impact of interest rate rises and lower household savings rates in the near term, but a full recovery may take until 2025, according to Tourism Research Australia’s 2022 State of the Industry report. increase on December 2019 – in line with rising demand.

Average Daily Rate 147

Average Daily Rate Revenue Accommodation Occupancy 147

Hotel Management

FEBRUARY 20, 2024

In short, they largely do, which could spell another strong year for Southeast Asia’s hotel industry from both an occupancy and investment point of view. Vietnam has faced some of the strongest headwinds in the real estate sector in the region, and international tourism has been relatively slow to recover.

Real Estate 245

Real Estate Average Daily Rate Occupancy Tourism 245

Hotel Management

FEBRUARY 22, 2024

Almost a year on from China’s reopening to the world, The Peninsula Beijing General Manager, Cameron Cundle, spoke to Ruth Hogan about the recovery of travel, debunking preconceptions among travellers, and rooting the guest experience in cultural connection. It relies on tourism, so it needs to reopen, and to reinstall that confidence.

General Manager 130

General Manager Business Management Travel 130

Hotel Management

JANUARY 16, 2024

Lifting the restriction on concerts spells good news for the accommodation sector, with Accommodation Australia NSW Manager, Stacey McBride, welcoming the move. The post Music to hoteliers’ ears as Sydney concert cap lifted appeared first on Hotel Management.

Accommodation 278

Accommodation Events Occupancy Management 278

Hotel Management

FEBRUARY 15, 2024

Lunar New Year has failed to lure high numbers of visitors from China to Australia with the Australian Tourism Export Council (ATEC) reporting a slower than expected recovery. The post ‘Soft’ Lunar New Year amid slow China recovery, ATEC reports appeared first on Hotel Management.

Travel 264

Travel Tourism Revenue Operations 264

Hotel Management

JUNE 29, 2023

CBRE’s market analysis found that boutique properties have outperformed ‘big box’ international hotels on occupancy levels, Average Daily Rate (ADR) and Revenue Per Available Room (RevPar) since the onset of the pandemic in 2020.

Average Daily Rate 246

Average Daily Rate Occupancy Hotels Travel 246

Hotel Management

JULY 18, 2023

Incoming NSW tourism boss Stacey McBride said the game has created an uptick in hotel bookings around Western Sydney. “We For accommodation providers this translates to higher occupancy rates, while the local hospitality industry also sees an increase in both local and international visitor spend.

Occupancy 130

Occupancy Accommodation Tourism Hotels 130

SiteMinder

FEBRUARY 14, 2024

What are tourism trends? Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. Table of contents Why keep up with new trends in tourism?

Tourism 59

Tourism Market Marketing Travel 59

Hotel Management

FEBRUARY 28, 2024

Across Marriott’s Sydney hotels, occupancy will finish above 90% for February, the company reported, thanks to tourism generated around the festival, a plethora of conferences, concerts and events, as well as cruise ship arrivals.

Events 130

Events Occupancy Tourism Closing 130

eZee Absolute

AUGUST 22, 2023

Impact of MICE on The Hospitality Industry In the busy world of hospitality, MICE tourism emerges as a powerful catalyst, reshaping the landscape of hotels and accommodations. Driving Occupancy and Revenue One of the most immediate and noticeable impacts of MICE on the hotel industry is occupancy rates and revenue generation.

Tourism 52

Tourism Hospitality Events Occupancy 52

Hotel Management

APRIL 6, 2023

Barry Robinson, President and Managing Director International Operations, Wyndham Destinations Travel and Leisure Co. We are focused on growing our member base, acquiring properties suited to our vacation clubs, as well as mixed-use and pure-play hotel management opportunities. We are in interesting times.

Travel 246

Travel Operations Resorts Occupancy 246

Hotel Management

OCTOBER 24, 2023

“Since hotels differ from other commercial real estate assets, with many continuing to enjoy strong income growth amidst resurgent tourism markets, transaction volumes are expected to reach $2.5 Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer. billion by end of year.”

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Accommodation 130

Hotel Management

MARCH 14, 2024

In Marriott’s case, we focus our distribution on our 200 million Marriott Bonvoy loyalty members, who represent 50 per cent of night occupancy at our hotels. Sunny Beach Land Director, Dan Cuda, said the hotel and broader development would put the Fraser Coast region “firmly on the map as a world-class tourism destination”.

Resorts 264

Resorts Intent Occupancy Accommodation 264

Little Hotelier

FEBRUARY 25, 2024

What is revenue management consulting? Revenue management consulting is specialised expertise that a business can bring in to gain guidance on managing and optimising revenue. An investment in hotel revenue management services is therefore one that can quickly deliver an attributable return.

Revenue Management 52

Revenue Management Revenue Services Management 52

eZee Absolute

AUGUST 31, 2023

In a world where travellers are increasingly seeking authentic experiences, food tourism is becoming a major driving force in the hospitality industry. So, as the purpose of travel has evolved beyond reaching places, the impact of food tourism has become a significant factor in shaping how hotels cater to their guests.

Tourism 52

Tourism Hotels Travel Dining 52

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations 59

Operations Management OTA Hotels 59

Hotel Management

OCTOBER 19, 2023

Despite the region’s uneven tourism recovery, core assets in Japan, Singapore, Australia and Korea, as well as resort markets continue to generate strong interest.” Occupancy in most markets is ranging from 5% to 15% below 2019 levels – a scenario that CBRE expects will continue into H1 2024.

Hotels 162

Hotels Occupancy Market Marketing 162

Boutique Hotel News

MAY 4, 2023

UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.

Tourism 52

Tourism Consumer Average Daily Rate Occupancy 52

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations 52

Operations Management OTA Hotels 52

Hotel Management

MAY 1, 2023

“As the Australian arm of Ascott, lyf Sussex Sydney and Oakwood Epping are part of our proven global strategy that is focused on delivering hospitality solutions that elevate the guest experience,” said Ascott Australia Managing Director, David Mansfield.

Retail 246

Retail Accommodation Branding Forecasting 246

eZee Absolute

OCTOBER 16, 2023

Situated in the bustling tourism hub of Goa, the competition was fierce year-round. Turning Dreams into Reality with eZee’s Solutions Experiencing these challenges, Beach Street Eco Resort & Spa started looking for comprehensive hotel management software that could help them simplify hotel operations.

Resorts 52

Resorts Tourism Fair Share Operations 52

Hotel Management

APRIL 6, 2023

A year on from opening in April 2022, boutique Queenstown hotel The Carlin is celebrating increasing occupancy amid a strengthening luxury tourism market locally. The post Keeping up with The Carlin: boutique Queenstown hotel builds momentum appeared first on Hotel Management.

Dining 130

Dining Hotels Construction Occupancy 130

Hotel Business

NOVEMBER 30, 2023

The seven-story boutique hotel is managed by FCL Management. It is situated within Boston’s Back Bay submarket and proximate to the city’s most popular tourism and business demand generators, including the Hynes Convention Center, Fenway Park, Newbury St., Prudential Center, Boston Common and Public Garden.

Retail 59

Retail Tourism Occupancy Hotels 59

Hotel Management

OCTOBER 9, 2023

Minor Hotels is investing its New Zealand portfolio with major renovations taking place at key Oaks properties, as Minor Hotels Area Manager New Zealand, Jamie O’Donnell, explains. The post Exclusive: Oaks refreshed for recovery with New Zealand property upgrades appeared first on Hotel Management.

Events 130

Events Construction Accommodation Tourism 130

Hotel Business

APRIL 15, 2024

Hospitality management platform Cloudbeds observed a moderate (1%) uptick in medium-term stays globally in 2023, accompanied by a slight decline of 2% in short stays. By increasing revenue per guest, boosting occupancy rate and reducing room turnover costs, hoteliers benefit. But this isn’t just about the bottom line.

Average Length of Stay 64

Average Length of Stay Travel Occupancy Tourism 64

Hotel Management

MAY 10, 2023

South Australian Minister for Tourism and Multicultural Affairs, Zoe Bettison Following the emotive Welcome to Country ceremony, emcee Jess Adamson introduced South Australian Minister for Tourism and Multicultural Affairs, Zoe Bettison, enthusiastically talked up the impressive growth of her state. You need to fix that.”

Tourism 130

Tourism Hotels Real Estate Construction 130