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

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

Hospitality Net

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.

Occupancy 189

Occupancy Travel Hotels Market 189

Hotel Business

APRIL 15, 2024

decrease in occupancy, which was driven in part by a 1.3% While consumers have the means to travel, dwindling COVID savings and below-average savings rates could be a headwind going forward. decrease in occupancy, which was driven in part by a 1.3% Food for thought Short-term rentals continued to take market share in February.

Occupancy 59

Occupancy Consumer Forecasting Market Share 59

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

Hospitality Net

APRIL 9, 2024

As the travel market continues to evolve, with occupancy levels exhibiting extraordinary growth in most major markets around the world, today’s hoteliers are facing an array of challenges in managing their operations efficiently.

Occupancy 245

Occupancy Operations Market Marketing 245

Hotel Management

JANUARY 17, 2024

With the resurgence of domestic and international travel, airport hotels are in hot demand according to major hotel operators. They are fast paced, deliver strong occupancy rates and bring a diverse range of guests through our doors, enabling us to showcase our renowned EVT hospitality.

Travel 130

Travel Occupancy Hotels Resorts 130

Hotel News Resource

MAY 26, 2023

hotel performance produced an incremental gain during the four weeks ending 13 May, a period that falls in between the heavy, summer travel season and earlier year peaks that include solid leisure travel, improved demand from conventions and group bookings, and returning business travel in larger markets.

Occupancy 59

Occupancy Market Marketing Hotel Marketing 59

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

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

JANUARY 16, 2024

First-time general manager Michelle Scott is flexing her sales and marketing skills to bring Marriott International’s ‘Wild Child’ Moxy to life in its first Australian hotel. What type of traveller does Moxy appeal to? How is the hotel catering to that airport traveller? Are you welcoming a lot of airport travellers?

Market 147

Market Marketing Occupancy Hotels 147

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 167

Travel Occupancy Hotels Market 167

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

Hotel News Resource

MARCH 23, 2023

Among key markets in the region, São Paulo has seen stronger occupancy recovery on weekends compared to weekdays, but shoulder days (Sunday and Thursday), which combine both business and leisure travel, have been the best performing days in the market.

Occupancy 94

Occupancy Market Marketing Business 94

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. Or you can entice weekend travellers to stay an extra day with a sweeter mid-week deal?

Occupancy 78

Occupancy Forecasting OTA Revenue 78

STAAH

MAY 7, 2024

Before you realize it, the upcoming peak season will be here, presenting an opportunity to maximize your hotel’s occupancy with satisfied guests. In this regard, having a solid marketing mix in place is crucial. This strategy can be especially appealing to business travelers, helping to boost mid-week bookings.

Market 62

Market Marketing Occupancy Digital Marketing 62

Hotelier Magazine

MARCH 12, 2024

TORONTO — Avison Young has released its Canada Hotel Market Report: 2023 Review and 2024 Outlook. The report reveals robust recovery and remarkable resilience across major Canadian markets, surpassing pre-pandemic levels in Average Daily Rate (ADR), Revenue Per Available (RevPAR) and occupancy.

Hotel Marketing 64

Hotel Marketing Average Daily Rate Market Marketing 64

Hotel Business

APRIL 5, 2024

“Events such as the upcoming total solar eclipse provide an opportunity for hotels to bring in critical revenue by capitalizing on surges in demand,” said Jason Lugo, market VP for the Americas, SiteMinder. The post SiteMinder: Solar eclipse boosts occupancy across U.S. appeared first on hotelbusiness.com.

Occupancy 64

Occupancy Upsell Revenue Revenue Management 64

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

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 157

Travel Occupancy Hotels Market 157

Hotel Business

NOVEMBER 16, 2022

occupancy for Thanksgiving week is at 29%, pacing 1% higher than 2019 levels. markets with occupancy at more than 50% matches 2019 levels for Thanksgiving week. While the top markets have changed year-over-year, there are currently nine markets at more than 50% occupancy—the same amount in 2019 for the same stay week.

Occupancy 59

Occupancy Forecasting Market Marketing 59

Amadeus Hospitality

APRIL 30, 2024

Data shows strong growth, especially in the Caribbean and Central America April 30, 2024 – Demand for travel to destinations across the Americas is on the rise, a new report released today by Amadeus in collaboration with UN Tourism shows. However, we are seeing growth in air searches from China and Japan for travel in North America.

Tourism 100

Tourism Occupancy Travel Market 100

Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it. 

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

Hotelier Magazine

MAY 2, 2023

Canada’s hotel occupancy was its highest since October 2022, according to STR’s March 2023 data. In comparison to 2019, occupancy came in at 62.6 Among the provinces and territories, Manitoba recorded the highest March occupancy level (76.7 Among the major markets, Vancouver reported the highest occupancy level (77.5

Occupancy 52

Occupancy Average Daily Rate Hotels Travel 52

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

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

SiteMinder

FEBRUARY 8, 2024

What are Chinese travellers? Chinese travellers are individuals residing in China who travel domestically within their country or internationally to various destinations around the world. Table of contents Why should you capture the attention of Chinese travellers?

Travel 52

Travel Market Marketing Tourism 52

Hospitality Net

NOVEMBER 3, 2023

As the world experiences a surge in travel this year, hotel occupancies in certain markets have exceeded those seen in 2019. It is critical for hoteliers to have the tools in place to remain competitive and attract as many bookings as possible.

Occupancy 178

Occupancy Hospitality Travel Market 178

Hospitality Net

AUGUST 4, 2023

year-over-year drop in occupancy. Total inbound foreign visitors were 27% below pre-pandemic 2019 levels, while the number of Americans traveling to Europe and the Caribbean increased by 5% and 8%, respectively. Occupancy rates for all location types were below 2019 levels in Q2. The average daily rate (ADR) increased by 2.6%

Average Daily Rate 246

Average Daily Rate Occupancy Hotels Revenue 246

Cloudbeds

JANUARY 17, 2024

In 2023, the hospitality industry reached record-high ADRs as travelers from around the world got back out to explore, and lodging operators worked hard to keep up with demand (despite lingering staffing shortages). Capturing travelers’ attention will become even more important in 2024. 2024 hospitality marketing trends 1.

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

Hotel Management

FEBRUARY 20, 2024

Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. This trend is spurred by increasing global wealth and the ongoing convergence of living and traveling, respectively. Thailand’s well-established and diversified hospitality market also looks attractive.

Real Estate 245

Real Estate Average Daily Rate Occupancy Tourism 245

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

eHotelier

MAY 7, 2024

Travel demand is likely to stabilize in 2024 benchmarking record occupancy and rate. The Industry will see 65+ percent occupancy overall and even higher ADR in 2024.

Occupancy 52

Occupancy Hospitality Consumer Travel 52

Amadeus Hospitality

DECEMBER 7, 2023

Originally published on Amadeus Insights Unique forward-looking market insights show the top global destinations for holiday travel, with Mexico and APAC leading the way December 7, 2023 – As we head towards the festive season, hoteliers are preparing for demand as people look to travel over Christmas and New Year’s Eve.

Travel 64

Travel Occupancy Business Market 64

TravelNet

APRIL 25, 2024

Where we’ve been and where we’re at The short-term rental market has predictably cooled off from its extraordinary stretch a few years ago, but stability appears to be close at hand. Supply growth in 2021 and 2022 had a significant negative impact on 2023 occupancy. The decline in occupancy since 2021 appears to have leveled out.

Market 52

Market Marketing Occupancy Revenue 52

Hotel News Resource

MARCH 6, 2024

Current trends indicate that the industry is reporting a decline in many markets for leisure travel (Thursday - Saturday as many consumers are getting out priced in the market), while group travel remains strong; with a slight increase in corporate bookings (Monday - Wednesday travel).

Market 40

Market Marketing Occupancy Consumer 40