Hotel Management

MAY 16, 2023

The Asia Pacific (APAC) region is experiencing growing travel demand across all markets, according to the latest data from Amadeus. In the first quarter of 2023 – helped by the reopening of Greater China – APAC hotel occupancy hit 61.7%, surpassing 2019 levels by 3%. in January 2023 to 76.5% in March 2023. in January 2023 to 76.5%

Occupancy 130

Occupancy Travel Market Marketing 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

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 Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

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. To conclude Optimising revenue during low occupancy doesn’t have to be difficult.

Occupancy 77

Occupancy Forecasting OTA Revenue 77

Lodging

NOVEMBER 20, 2023

HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. Occupancy was downgraded slightly (by 0.2 hotel forecast revision of 2023. For 2023, growth in RevPAR was raised by 0.3 percentage points, due to a 0.6

Forecasting 287

Forecasting Average Daily Rate Occupancy Tourism 287

Hospitality Net

SEPTEMBER 1, 2023

The COVID-19 pandemic initially posed a major threat to the leisure-heavy Gulf Coast tourism industry, as the market only benefited from one month of Spring Break travel before the stay-at-home orders were issued. As a result, occupancy and ADR for July and August nearly reached pre-pandemic levels.

Occupancy 186

Occupancy Tourism Resorts Market 186

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. Thailand’s well-established and diversified hospitality market also looks attractive. Investment volume is expected at THB9-10 billion, close to the 10-year average volume of THB11.7

Real Estate 245

Real Estate Average Daily Rate Occupancy Tourism 245

Hotel News Resource

OCTOBER 25, 2023

While the onset of COVID-19 had devastating effects for the Connecticut tourism industry, a recovery quickly began. By 2022, occupancy levels were only slightly below those of 2019, and ADR levels far surpassed those of 2019.

Tourism 59

Tourism Occupancy Market Marketing 59

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

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

Hotelier Magazine

AUGUST 16, 2023

STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. per-cent downgrade in occupancy growth. per-cent downgrade in occupancy. The post STR and Tourism Economics Lower Growth Forecast for U.S. PARSIPPANY, N.J. — per cent, due to a 0.6- per cent on a 0.5-per-cent

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

Inn Quest

JULY 26, 2023

In today’s highly competitive hospitality industry, effective destination marketing plays a crucial role in attracting guests to hotels. With the rise of online travel platforms and social media, hotels must employ strategic marketing tactics to stand out from the crowd. Firstly, What is Destination Marketing?

Market 89

Market Marketing Hotels Tourism 89

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. Australia welcomed 3.4 billion, which was down by 59% on 2019.

Average Daily Rate 147

Average Daily Rate Revenue Accommodation Occupancy 147

Cloudbeds

JANUARY 17, 2024

With restrictions to third-party data and new AI tools, lodging operators must familiarize themselves with the different hotel market trends and strategies to stand out from the crowd. Here, we look at how the travel landscape is evolving and the latest trends to shape your marketing strategies this year.

Hotel Marketing 98

Hotel Marketing Market Marketing Hotels 98

Hotel Management

JUNE 29, 2023

Australia’s boutique hotel market is booming amid increased demand for unique and personalised stays. 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

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

Hotel Management

OCTOBER 19, 2023

Asia Pacific’s hotel market is capturing the attention of institutional investors with competition heating up for prime hotel assets in tier one markets including Australia, Japan and Singapore, according to a new report from CBRE.

Hotels 162

Hotels Occupancy Market Marketing 162

Hotel Management

OCTOBER 24, 2023

Real estate experts at Colliers claim the future is bright for hotel investment in Australia with traditional property investors eyeing the over AU$2 billion in assets on the market – 75% of which were listed in Q3 2023. Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer.

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Accommodation 130

Hotel Management

MARCH 14, 2024

We have great confidence in the outlook for Hervey Bay and Sunny Beach Land’s project presents the opportunity we have been waiting for to enter the market,” said Marriott International Vice President Hotel Development Australia, New Zealand and Pacific, Richard Crawford.

Resorts 264

Resorts Intent Occupancy Accommodation 264

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

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.

Travel 264

Travel Tourism Revenue Operations 264

Hotel News Resource

APRIL 17, 2023

Both cities rely heavily on event and MICE-driven demand, which is evident in their occupancy index. Barcelona's occupancy recovery has generally outpaced Madrid's, but not by much.

Average Daily Rate 52

Average Daily Rate Occupancy Tourism Events 52

SiteMinder

FEBRUARY 8, 2024

This group has become a significant force in the global tourism industry due to China’s large population, growing middle class, and increasing disposable income. China is home to one of the most massive outbound tourism sectors globally. In population size, that market is made up of just over 300 million people.

Travel 52

Travel Market Marketing Tourism 52

STAAH

DECEMBER 18, 2023

Clearly, the tourism and hospitality industry saw some positive growth. Read full blog 6 Hotel Sales Strategies To Increase Occupancy and Revenue A hotel sales strategy is a plan of action designed to increase hotel revenue and bookings. These top Hospitality Trends can help you prepare for your hotel marketing strategy.

Hospitality 86

Hospitality Occupancy Target Marketing Marketing Strategy 86

Hotel Management

MAY 1, 2023

Every decision is grounded in meeting current market trends and future needs of our modern-day travellers.” The Collingwood property has seen occupancy double to 72% and RevPAR grow by $50 in Q1 FY23, when compared to the opening three months May-July FY22.

Retail 246

Retail Accommodation Branding Forecasting 246

Hotel Business

JANUARY 25, 2024

Though 2023 proved to be a challenging year for commercial real estate, marked by geopolitical tensions and capital market dislocation, the lodging industry demonstrated resilience, with RevPAR achieving a full recovery and surpassing 2019 levels by 12%.

Real Estate 126

Real Estate Consumer Tourism Hotels 126

Hotel Management

APRIL 6, 2023

Leisure travel is back, but while most markets are shaking off the shackles of the pandemic, China has only just opened its borders. As such, we are still largely focused on serving the domestic markets within the countries that we operate. We are in interesting times.

Travel 246

Travel Operations Resorts Occupancy 246

Hotelier Magazine

AUGUST 29, 2023

In addition to the monthly ADR and RevPAR levels, Canada’s occupancy level was its highest since August 2022. For July 2023 (percentage change from July 2022) occupancy rose 0.1 Among the provinces and territories, Newfoundland and Labrador recorded the highest July occupancy level (87.9 per cent to 75.6 per cent to $232.13.

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Hotels 52

MediaBoom

MARCH 14, 2024

Marketing strategies in the hotel sector are designed to enhance brand visibility and broaden reach. A r obust local SEO strategy helps travelers find your hotel when they’re searching for accommodations in your vicinity, making it a critical component of your digital marketing efforts. Let Mediaboom guide you.

Digital Marketing 64

Digital Marketing Services Market Marketing 64

Hotel Business

NOVEMBER 30, 2023

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., Greater Boston is one of the top-performing lodging markets in the U.S., Prudential Center, Boston Common and Public Garden.

Retail 59

Retail Tourism Occupancy Hotels 59

Hotel Management

MARCH 25, 2024

Intellisoftware Pty Ltd Sales and Marketing Manager Jason Smith concluded, “Having worked closely with ARMA and CEO Melissa Kalan in particular over the past few months to make this happen, we are confident that this partnership marks a new phase in our relationship.

Revenue Management 130

Revenue Management Revenue Yield Management Management 130

eZee Absolute

OCTOBER 16, 2023

Situated in the bustling tourism hub of Goa, the competition was fierce year-round. After thorough market research and trying a handful of hotel solutions, they came across eZee (now Yanolja Cloud) and wanted to give it a try. Competitive Advantage: With eZee, Beach Street gained a competitive edge in the hospitality market.

Resorts 52

Resorts Tourism Fair Share Operations 52

Hotelier Magazine

JUNE 29, 2023

In May 2023 (year-over-year percentage change), occupancy came in at 69.2 Among the provinces and territories, Newfoundland recorded the highest May occupancy level (79.9 Among the provinces and territories, Newfoundland recorded the highest May occupancy level (79.9 per cent) matched for the lowest occupancy among provinces.

Average Daily Rate 59

Average Daily Rate Occupancy Forecasting Hotels 59