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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% The post International flights set to boost hotel occupancy in 2026, CBRE reports appeared first on Hotel Management. by the end of next year.

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Record high room rates for Sydney hotels on NYE

Hotel Management

CoStar reports occupancy levels of 78.8% Following the markets seasonal pattern, New Years Eve pushed Sydneys daily ADR (AUD854.38) and RevPAR (AUD807.62) to record highs, while occupancy was 94.5% the highest level in the metric in December, CoStar said. for December 2024, up 2.1% and AUD482.35, respectively.

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Origin, Lifetimes Tour drive record results for Perth in June, CoStar reports

Hotel Management

Hotel occupancy was its highest for the month of June since 2015 at 77.7% On July 18, State of Origin Game II saw the New South Wales Blues face the Queensland Maroons at Perth’s Optus Stadium, driving the highest daily levels in each of the three key performance metrics: occupancy (93.6%), ADR (AU$318.02) and RevPAR (AU$297.63).

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U.S. Hotel Industry Sees Record July 4 Room Demand Despite Occupancy Challenges

Hotel News Resource

Hotel Industry Sees Record July 4 Room Demand Despite Occupancy Challenges - The U.S. hotel industry experienced record room demand during the Fourth of July holiday, despite challenges in occupancy rates due to supply growth. Article - U.S.

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CoStar: Super Bowl LIX Impacts Weekly Hotel Performance for New Orleans

Lodging

Hotel Performance February 2-8, 2025 Percentage change from comparable week in 2024 Occupancy: 55.9 percent) Among the Top 25 Markets, New Orleans reported the largest increases in each of the three key performance metrics: occupancy (up 13.6 percent (down.5 5 percent) ADR: $156.03 (down 2.2 percent) RevPAR: $87.22 (down 2.7

Occupancy 245
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Iwan Sunito launches One Global Resorts with rebrand of Green Square property

Hotel Management

Thanks to its prime location, the hotel maintains 85-95% occupancy throughout the year. “We We have seen record occupancies over the past two weeks with the hotel closing the second part of October at 97.8%,” said One Global Resorts Green Square General Manager, Quercy Jouannes.

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Exclusive: Trilogy Hotels CEO talks hurdles and opportunities amid ‘choppy’ market

Hotel Management

Australia’s hotel sector, whilst choppy, continues to demonstrate remarkable resilience with national occupancy rates at 71% and RevPAR up 3.8% Scott Boyes, Trilogy Hotels Sydney leads the recovery charge with occupancy at 78% and RevPAR growing to an impressive $215, making this market our standout performer.

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