Lodging

JUNE 19, 2023

This occurred even though the average occupancy for U.S. hotels is not expected to exceed 2019 levels until 2026.

Occupancy 289

Occupancy Revenue Operations Hotels 289

Lodging

FEBRUARY 28, 2025

Hotel Performance February 16-22, 2025 Percentage change from comparable week in 2024 Occupancy: 60.3 percent) Among the Top 25 Markets, Los Angeles saw the largest occupancy increase (up 10.4 percent (down 2.7 percent) ADR: $159.90 (up 2.5 percent) RevPAR: $96.49 (down 0.3 percent to 74.8 percent) and RevPAR (up 16.7

Occupancy 226

Occupancy Hotels Market Marketing 226

Hotel Management

OCTOBER 31, 2024

One Global Capital Chairman and Group CEO, Iwan Sunito, has introduced a new hotel brand to the market, One Global Resorts, with the official rebranding of his Skye Suites Green Square property on Thursday evening. Thanks to its prime location, the hotel maintains 85-95% occupancy throughout the year. “We

Resorts 264

Resorts Occupancy General Manager Closing 264

Lodging

MAY 30, 2025

Among the Top 25 Markets,St. Louissaw the highest gain in occupancy (up 19.3 […] The post CoStar: U.S. Hotel PerformanceMay 18 – May 24, 2025Percentage change from comparable week in 2024Occupancy: 67.5% (down 0.4 percent)ADR: $164.57 (up 1.5 percent)RevPAR: $111.02 (up 1.1

Occupancy 162

Occupancy Hotels Market Marketing 162

Lodging

JANUARY 27, 2025

Hotel Performance December 2024 Percentage change from December 2023 Occupancy: 53.2 percent) Among the Top 25 Markets, New York City experienced the highest occupancy level (up 1.4 percent (up 1.1 percent) ADR: $156.67 (up 3.3 percent) RevPAR: $83.30 (up 4.4 percent to 87.9

Occupancy 147

Occupancy Market Marketing Hotels 147

Hotel Management

JANUARY 14, 2025

Event-related occupancy forecasts are particularly impressive, given STR and JLL report Melbourne has welcomed 81 new hotels and over 5,200 rooms in the five-year period between 2019 and 2024, with another 2,000 rooms still to come, said Accommodation Australia (Victoria) General Manager, Dougal Hollis.

Business 130

Business Occupancy Forecasting Accommodation 130

Lodging

NOVEMBER 15, 2024

Hotel PerformanceNovember 3-9, 2024Percentage change from comparable week in 2023:Occupancy: 62.6 percent) Among the Top 25 Markets, Las Vegas saw the largest increases across each of the three key performance metrics: occupancy (up 6.8 percent (down 3.5 percent)ADR: $156.11 (down 0.1 percent)RevPAR: $97.73 (down 3.5

Occupancy 147

Occupancy Hotels Market Marketing 147

Lodging

FEBRUARY 6, 2025

Hotel Performance January 26-February 1, 2025 Percentage change from comparable week in 2024 Occupancy: 56.5 percent) Among the Top 25 Markets, Minneapolis reported the largest increases in occupancy (up 13.6 percent (up 2.3 percent) ADR: $150.25 (up 1.8 percent) RevPAR: $84.90 (up 4.1 percent to 47.4 percent) and RevPAR (up 16.7

Occupancy 147

Occupancy Hotels Market Marketing 147

Lodging

NOVEMBER 15, 2024

This revision reflects a 40 basis point (bps) decrease in expected occupancy compared to the prior forecast, […] The post CBRE: U.S. CBRE now forecasts a.5 5 percent increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2 percent in August.

Forecasting 290

Forecasting Occupancy Revenue Hotels 290

Lodging

APRIL 4, 2025

percent) Among the Top 25 Markets,St. Louissaw the largest increases in occupancy (up 27 percent to 76.8 Only five markets saw a […] The post CoStar: U.S. Hotel PerformanceMarch 23-29, 2025Percentage change from comparable week in 2024Occupancy: 65.1 percent (up 4.4 percent)ADR: $161.65 (up 2.5 percent), ADR (up 15.8

Closing 162

Closing Occupancy Market Marketing 162

Hotel Management

MARCH 12, 2025

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.

Occupancy 130

Occupancy Cancellation Closing Management 130

Lodging

JANUARY 23, 2025

Hotel Performance 2024 (Percentage change from 2023): Occupancy: 63 percent (flat) ADR: $158.67 (up 1.7 percent) Among the Top 25 Markets, New York City experienced the highest occupancy level (up 3.3 WASHINGTONThe U.S. percent) RevPAR: $99.94 (up 1.8 percent to 84.3 […] The post CoStar: U.S.

Average Daily Rate 147

Average Daily Rate Occupancy Revenue Market 147

Lodging

NOVEMBER 19, 2024

Occupancy for the year was lowered 0.1 For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were each downgraded, -0.5 percentage points to +1.5 percent and down 0.6 ppts to +1.4 percent, respectively. percentage point to 62.9 For 2025, […] The post STR, TE Downgrade U.S.

Forecasting 262

Forecasting Average Daily Rate Occupancy Tourism 262

Lodging

JANUARY 10, 2025

Hotel Performance December 29, 2024-January 4, 2025 Percentage change from comparable week in 2023 and 2024 Occupancy: 48.3 percent) Among the Top 25 Markets, Tampa reported the largest year-over-year occupancy increase (up 29.7 percent (up 2.9 percent) ADR: $168.90 (up 11.7 percent) RevPAR: $81.53 (up 14.9 percent to 77.5

Occupancy 162

Occupancy Hotels Market Marketing 162

Demand Calendar

JUNE 11, 2025

Success in today's hospitality market isn’t about filling every room; it’s about filling your hotel with the right guests. It’s not about occupancy—it’s about total revenue and, ultimately, profit. It’s time for a strategic shift. This is the move from being a bed-provider to a value-creator.

Occupancy 52

Occupancy Revenue Market Marketing 52

Lodging

DECEMBER 2, 2024

Hotel Performance November 17-23, 2024 Percentage change from comparable week in 2023 Occupancy 59.7 percent) Among the Top 25 Markets, Seattle reported the largest year-over-year occupancy increase (up 62.9 percent (up 20.7 percent) ADR $150.49 (up 8.6 percent) RevPAR $89.80 (up 31.1 percent to 76.7

Occupancy 147

Occupancy Hotels Market Marketing 147

Skift Blog

JUNE 28, 2023

If not, we are looking at a softening market. Skift Take: Rising supply is a good as long as there is demand at a price that consumers are willing to pay. Srividya Kalyanaraman Read the Complete Story On Skift

Occupancy 246

Occupancy Consumer Market Marketing 246

Hotel Management

JUNE 15, 2023

As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market.

Hotel Marketing 276

Hotel Marketing Average Daily Rate Market Marketing 276

Lodging

FEBRUARY 10, 2025

markets, New York City and Nashville are projected to open the most hotel rooms in 2025, according to CoStar pipeline data. WASHINGTONAmong U.S.

Pipeline 147

Pipeline Occupancy Market Marketing 147

Lodging

MARCH 27, 2025

percent) Among the Top 25 Markets, Anaheim saw the highest occupancy lift (up 15.5 Hotel PerformanceMarch 16-22, 2025Percentage change from comparable week in 2024Occupancy: 66 percent (up 1 percent)ADR: $165.48 (up 1.8 percent)RevPAR: $109.22 (up 2.8 percent to 83.8 Chicago reported the largest increases in ADR (up 17.8

Occupancy 147

Occupancy Hotels Market Marketing 147

Lodging

MAY 25, 2023

Hotel Performance May 14-20, 2023 Percentage change from comparable week in 2022:Occupancy: 67.5 occupancy level was the second highest for any week this year. Among the Top 25 Markets, Washington, D.C., Hotel Occupancy Reaches Second Highest Level This Year appeared first on LODGING Magazine. percent (down 1.5

Occupancy 147

Occupancy Hotels Market Marketing 147

Lodging

NOVEMBER 1, 2024

Hotel PerformanceOctober 20-26, 2024Percentage change from comparable week in 2023:Occupancy: 69.0 percent) Among the Top 25 Markets, Tampa saw the largest occupancy lift (up 28.1 WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. percent (up 4.5

Occupancy 162

Occupancy Hotels Market Marketing 162

Lodging

DECEMBER 6, 2024

Hotel Performance November 24-30, 2024 Percentage change from comparable week in 2023 Occupancy: 50.0 percent) Among the Top 25 Markets, Tampa reported the largest year-over-year increases in occupancy (up 13.2 percent (down 7.7 percent) ADR: $141.09 (down 3.0 percent) RevPAR: $70.59 (down 10.5 percent to 69.0

Occupancy 147

Occupancy Hotels Market Marketing 147

Lodging

APRIL 11, 2025

percent) Among the Top 25 Markets,San Franciscosaw the largest occupancy increase (up 13.2 Hotel PerformanceMarch 30 – April 5, 2025Percentage change from comparable week in 2024Occupancy: 63.8 percent (down 0.6 percent)ADR: $160.18 (up 1.4 percent)RevPAR: $102.21 (up 0.8 percent to 67.5

Occupancy 162

Occupancy Hotels Market Marketing 162

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%

Average Daily Rate 130

Average Daily Rate Occupancy Pipeline Tourism 130

Lodging

APRIL 18, 2025

Among the Top 25 Markets,San Franciscosaw the largest occupancy increase (up 17.1 Hotel PerformanceApril 6 – April 12, 2025Percentage change from comparable week in 2024Occupancy: 65.6 percent (down 0.3 percent)ADR: $162.72 (up 0.5 percent)RevPAR: $106.81 (up 0.2 percent to […] The post CoStar: U.S.

Occupancy 147

Occupancy Hotels Market Marketing 147

Lodging

JANUARY 23, 2025

Hotel Performance January 12-18, 2025 Percentage change from comparable week in 2024 Occupancy: 55.8 percent) Among the Top 25 Markets, San Francisco reported the largest gains in each of the three […] The post CoStar: Calendar Shift Leads to Positive Yearly Comparisons for U.S. Day calendar shift, the U.S. percent (up 6.7

Occupancy 147

Occupancy Hotels Market Marketing 147

Lodging

MAY 21, 2025

April 2025 Among the Top 25 Markets, the highest occupancy level was seen in New York (up 0.5 Markets with the lowest occupancy for the month included Detroit (down 2.3 ARLINGTON, VirginiaOn the negative side of the Easter calendar shift, the U.S. percent to 84.8 percent to 57.4 percent) and Minneapolis (up 2.7

Occupancy 147

Occupancy Market Marketing Hotels 147

Lodging

JANUARY 6, 2025

Hotel Performance December 22-28, 2024 Percentage change from comparable week in 2023 Occupancy: 47.7 percent) Among the Top 25 Markets, Tampa reported the only double-digit increases in occupancy (up 16.3 percent (down 4.9 percent) ADR: $160.96 (down 1.7 percent) RevPAR: $76.83 (down 6.5 percent to 74.0

Closing 147

Closing Occupancy Hotels Market 147

Lodging

NOVEMBER 27, 2024

Strong loyalty programs help hotel brands lower customer acquisition costs, increase direct-to-consumer access, and offset occupancy shortfalls during shoulder periods and weaker economic conditions.

Occupancy 147

Occupancy Consumer Branding Hotels 147

Lodging

JANUARY 18, 2024

Hotel Performance During 2023 Percentage change from 2022:Occupancy: 63.0% (+0.6%)ADR: RevPAR: US$97.97 (+4.9%) The country’s occupancy level was its highest since 2019. Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (up 8.8

Average Daily Rate 277

Average Daily Rate Occupancy Revenue Hotels 277

Hotel Management

MAY 1, 2025

The 20% drop in the share prices of key hotel chains, including Marriott and Hilton off recent highs (despite a general market rebound) shows how this uncertainty has filtered to investors. The Singapore market absorbed the increase in supply in 2024 well, with ADRs remaining well above historical levels and hotels reporting strong occupancy.

Tourism 130

Tourism Travel Occupancy Market 130

Hotel Management

JUNE 20, 2023

We’ve got some other more lifestyle hotels coming to market over the next six to 12 months and we’re going to be adding about 200 rooms into the Sydney [hotels] landscape.” With its recently opened hotels, Public is seeing strong occupancy rates continue. We’ve seen the occupancies continue through these cooler months. “We’re

Business 242

Business Hotel Marketing Market Marketing 242

Hotel Management

FEBRUARY 13, 2024

Occupancies are at unparalleled levels over the concert periods, and we have also seen a surge in regional demand as Swifties take the opportunity to travel further. For both the Melbourne and Sydney concerts we’ve seen a bump in hotel occupancy around the event dates, and our restaurants have also seen great reservation numbers.

Occupancy 290

Occupancy Tourism Events Accommodation 290

Lodging

JANUARY 3, 2025

Hotel Performance December 15-21, 2024 Percentage change from comparable week in 2023 Occupancy: 48.9 As expected, actual levels were significantly lower than the prior week because of the seasonal slowdown. percent (up 11.4 percent) ADR: $135.79 (up […] The post CoStar: December U.S.

Occupancy 173

Occupancy Hotels Business Travel 173

Lodging

MARCH 24, 2025

Hotel Performance Percentage change from comparable week 2024 March 9-15, 2025 Occupancy: 64.2 percent) Among the Top 25 Markets, San Francisco saw the highest occupancy lift (up 6.6 ARLINGTON, VirginiaThe U.S. hotel industry reported negative year-over-year comparisons, according to CoStars latest data through March 15, 2025.

Occupancy 147

Occupancy Hotels Market Marketing 147

Lodging

JUNE 16, 2023

Hotel Performance June 4-10, 2023 Percentage change from comparable week in 2022:Occupancy: 69.4 percent) Among the Top 25 Markets, Oahu Island saw the only double-digit occupancy lift over 2022 (up 13.0 percent (down 1.6 percent)ADR: $157.69 (up 0.5 percent)RevPAR: $109.38 (down 1.2 percent to 84.8 Washington, D.C.,

Occupancy 255

Occupancy Hotels Market Marketing 255