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. STR anticipates a quicker return to normal trading for Brisbane and Toowoomba, driven by corporate travel and recovery efforts.

Occupancy 130

Occupancy Cancellation Closing Management 130

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

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

TravelNet

MAY 19, 2025

Solid occupancy isnt enough anymore. Markets are saturated. 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. Competition is fierce. The good news?

Occupancy 59

Occupancy Revenue Market Marketing 59

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

Hotel Management

JUNE 12, 2023

But despite feeling the pinch, the desire to travel still remains strong, according to Accor’s global commercial chief. While we have higher cost of living, the rising inflation rate and GDP – leisure travel is still extremely strong,” Accor Group Chief Commercial Officer – Premium, Midscale and Economy, Karelle Lamouche, told HM.

Travel 262

Travel Consumer Occupancy Branding 262

Lodging

JANUARY 3, 2025

Growth was elevated due to the Hannukah calendar shift and the compressed business travel period between Thanksgiving and Christmas. Hotel Performance December 15-21, 2024 Percentage change from comparable week in 2023 Occupancy: 48.9 percent (up 11.4 percent) ADR: $135.79 (up […] The post CoStar: December U.S.

Occupancy 173

Occupancy Hotels Business Travel 173

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

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 March 2023. “We

Occupancy 130

Occupancy Travel Market Marketing 130

Hotel Management

APRIL 6, 2023

Barry Robinson, President and Managing Director International Operations, Wyndham Destinations Travel and Leisure Co. Leisure travel is back, but while most markets are shaking off the shackles of the pandemic, China has only just opened its borders. As a result, Travel + Leisure Co. As a result, Travel + Leisure Co.

Travel 246

Travel Operations Resorts Occupancy 246

eZee Absolute

FEBRUARY 4, 2025

In fact, concert-goers often flood the local hotel market, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand. This large influx of attendees, many traveling from neighboring countries, led to a 45% spike in hotel occupancy compared to regular weekends.

Occupancy 52

Occupancy Events Average Daily Rate Tourism 52

Hotel Management

JUNE 18, 2024

Since reopening, Fiji’s tourism sector has seen record volumes of visitor arrivals, in particular from our key source markets of Australia, NZ, North America and China. We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. Register now for AHICE Fiji Islands Investment in Tourism Summit.

Tourism 264

Tourism Average Daily Rate Market Marketing 264

Lodging

JUNE 20, 2025

percent)RevPAR: $106.30 (+0.1%) Among the Top 25 Markets, New York City experienced the highest occupancy level (down 1.0% Markets with the lowest occupancy for the month included New Orleans (60.1 The Top 25 Markets showed higher occupancy and ADR than all other […] The post CoStar Reports Steady U.S.

Occupancy 147

Occupancy Market Marketing Hotels 147

Amadeus Hospitality

JUNE 5, 2025

Amadeus, a leading provider of travel technology solutions, and UN Tourism , have released a new report with comprehensive data on travel in Asia Pacific. Market level hotel occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR) across various regions are also detailed in the report.

Tourism 52

Tourism Market Marketing Average Daily Rate 52

Hotel Business

NOVEMBER 15, 2024

This revision reflects a 40-basis point (bps) decrease in expected occupancy compared to the prior forecast, with occupancy anticipated to decline by 30 bps year-over-year. RevPAR growth is expected to reaccelerate beginning in Q4 2024, supported by recent interest rate cuts, easing inflation and rising stock market trends.

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

SiteMinder

JANUARY 8, 2025

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.

OTA 96

OTA Occupancy Revenue B2B 96

Lodging

MAY 16, 2025

DALLAS, TexasCBRE forecasted that revenue per available room (RevPAR) will grow modestly in 2025, driven by the continued outperformance of urban locations benefiting from increased group and business travel, as well as a projected rise in demand for drive-to and regional leisure destinations. CBRE projected a 1.3

Forecasting 162

Forecasting Average Daily Rate Occupancy Revenue 162

Skift Blog

JUNE 5, 2024

AirDNA showed how coastal, lake, mountain, small-town, and rural vacation rental markets are faring well compared to 2019.

Market 261

Market Marketing Occupancy Construction 261

Cloudbeds

NOVEMBER 15, 2024

For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. For hotels, this includes making dynamic rate suggestions and identifying segments and offers for marketing campaigns.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

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

FEBRUARY 21, 2025

DALLAS, TexasCBRE forecasted that revenue per available room (RevPAR) will continue to grow in 2025, as urban locations continue to outperform due to improved group and business travel and continued recovery of inbound international travel. CBRE forecasts a 2.0

Forecasting 179

Forecasting Average Daily Rate Occupancy Revenue 179

Hotel Management

APRIL 21, 2025

According to Colliers Hotels New Zealand Hotel Market Snapshot for Q1, based on information from Hotel Data New Zealand, revenue per available room (RevPAR) was up 6.5% Australian and US travellers are returning in large numbers, while Chinese tourism numbers have also increased in the past year.

Average Daily Rate 130

Average Daily Rate Occupancy Tourism Forecasting 130

Hotel Management

JANUARY 28, 2025

Marriott Bonvoy is celebrating a successful Australian Open as the events official accommodation partner for the fourth year running, with increased occupancy at its 10 Melbourne hotels, enhanced brand awareness and greater member engagement.

Occupancy 130

Occupancy Events Accommodation Closing 130

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

Hotel Management

MARCH 30, 2023

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.

Occupancy 130

Occupancy Events General Manager Hotels 130

Hotel Business

JUNE 12, 2025

The financial health of hospitality assets, particularly in the Northeast and Central regions are improving, driven by leisure travel and the return of conferences and events, according to the 2025 Hospitality Outlook released by diversified professional services and investment management company Colliers. From April 2024 to March 2025, U.S.

Real Estate 69

Real Estate Occupancy Construction Travel 69

Lodging

APRIL 7, 2023

Hotel Performance March 26-April 1, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 66.2 percent) Among the Top 25 Markets, Washington, D.C., Hotel Performance Shows Mixed Comparisons Amid Spring Break Travel appeared first on LODGING Magazine. percent (up 3.4 percent, down 3.5 percent)ADR: $158.40 (up 7.3

Travel 173

Travel Occupancy Hotels Market 173

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. Some of the findings: Direct bookings are on the rise.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

Lodging

OCTOBER 19, 2023

markets have recovered 99.1 Group bookings are calculated using occupancy and average daily rate (ADR). ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. The third quarter of this year shows the top 25 U.S.

Average Daily Rate 299

Average Daily Rate Business Hospitality Occupancy 299

Amadeus Hospitality

MAY 11, 2023

Originally published to Amadeus Insights May 12, 2023 – Travel across the Asia Pacific region (APAC) is well on its way to recovery, with growing travel demand across all markets as the industry approaches the second half of the year. Hotel occupancy levels in major APAC markets improved throughout Q1 2023.

Occupancy 96

Occupancy Travel Hotels Market 96

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

Hotel Management

FEBRUARY 25, 2025

Event-Driven Travel: Travelers are increasingly planning trips around specific events, such as sports tournaments, cultural festivals, and concerts. This is especially true in luxury and lifestyle hotels, where research shows that people will actually travel just for a dining experience. in the US, 71.2% in Europe and 65.1%

Events 130

Events Occupancy Travel Operations 130

Lodging

MARCH 27, 2023

HENDERSONVILLE, Tennessee—Helped by spring break travel, U.S. Hotel Performance March 12-18, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 67.6 percent) Among the Top 25 Markes, Boston saw the highest year-over-year increase in occupancy (up 17.8 percent (up 1.3 percent, down 2.5 percent, up 23.9

Travel 162

Travel Occupancy Hotels Marketing 162

Hotel Management

MAY 20, 2025

Victoria and South Australias hotel markets continue to perform well, according to JLL Hotels & HospitalityManaging Director & Head of Investment Sales, Peter Harper. The post Exclusive: unpacking Melbourne and Adelaides hotel market growth appeared first on Hotel Management.

Hotel Marketing 130

Hotel Marketing Market Marketing Real Estate 130

Cloudbeds

FEBRUARY 14, 2025

While traditionally defined by location, brand, and amenities, todays compsets are increasingly segmented by booking behaviors and traveler demographics. The second era of compsets started when the internet brought online travel agencies (OTAs) and online bookings, making competition more dynamic. Understand trends.

Hotels 94

Hotels Revenue Management Occupancy OTA 94

Hotel Speak

MAY 20, 2025

So surely the UK is becoming a tougher place to run a travel or hospitality business? The requirement for an Electronic Travel Authorisation (ETA) , costing visitors 16 each, is something experts in the sector fear will push inbound tourists to other destinations. occupancy growth. occupancy growth this year.

Business 68

Business Travel Consumer Hospitality 68