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International flights set to boost hotel occupancy in 2026, CBRE reports

Hotel Management

CBRE’s From Runway to Room Nights report found that 56 new routes have added 10,500 annual flights into key Australian cities, which could lift Australia’s hotel occupancy by an average of 3.4% CBRE Hotel’s Troy Craig says supply constrained markets such as Brisbane, Perth and Cairns are particularly well positioned to benefit.

Occupancy 204
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CBRE predicts 2025 will be a ‘pivotal year’ for growth and investment in Australia’s hotel sector

Hotel Management

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%

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Hilton reports record pipeline in Q2

Hotel Business

reported a record development pipeline in its second quarter 2025 results, as well as a.5% With that being said, we believe the economy in our largest market is set up for better growth over the intermediate term, which should accelerate travel demand and, when paired with low industry supply growth, unlock stronger RevPAR growth.

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CoStar: New York City and Nashville to Open Most Hotel Rooms in 2025

Lodging

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
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Marriott reports Q4 RevPAR growth of 5%, boosted by int’l markets

Hotel Business

growth in international markets. He added, “In the fourth quarter, worldwide RevPAR rose 5%, driven by gains in both ADR and occupancy. from year-end 2023 At the end of the year, Marriott’s worldwide development pipeline totaled nearly 3,800 properties and more than 577,000 rooms The company returned more than $4.4

Market 64
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Hilton exceeds expectations in Q4, FY2024

Hotel Business

. “All segments drove RevPAR outperformance, with strong trends in leisure occupancy, as well as continued growth in business transient and group results, and we expect favorable trends to continue into 2025. compared to the same period in 2023 due to increases in both occupancy and ADR. .” 31, 2023 Diluted EPS was $2.06

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IHG reports FY2024 global RevPAR increase of 3%; acquires Ruby brand

Hotel Business

.” Established in 2013, the Ruby brand currently operates 20 hotels (3,483 rooms) in major cities across Europe and has another 10 pipeline hotels (2,235 rooms). The pipeline hotels are set to open over the next three years across more European cities including Edinburgh, Marseille, Rome and Stockholm. .”