article thumbnail

8 practical tips to increase your hotel’s occupancy rates


8 practical tips to increase your hotel’s occupancy rates - Insights With a little creativity and lots of data and insights, low occupancy periods can be more efficiently managed.

Occupancy 105
article thumbnail

Looming Recession, Rising Occupancy, and Other Hospitality Trends


There are a lot of moving parts, and you need […] The post Looming Recession, Rising Occupancy, and Other Hospitality Trends appeared first on LODGING Magazine.

Occupancy 109
article thumbnail

Airbnb occupancy rate: Guide for hotels


What is Airbnb occupancy rate? Airbnb occupancy rate is defined by the platform as “ the number of nights booked divided by total nights available to be booked across all relevant listings. ” Occupancy rate is a metric that is used to describe the percentage of hotel rooms that are occupied.

article thumbnail

Global Occupancy Continued its Strong Recovery, STR Reports

Hotelier Magazine

For the week of November 5 to 11, global occupancy, excluding the U.S., Occupancy increased 3.9 YOY, occupancy also continued to improve at a much faster rate than the U.S., Occupancy rose 7.4 This week, China’s occupancy increased by 15 per cent with ADR gaining 23.3 In 2019, occupancy was 50.6

article thumbnail

Want to Improve Hotel Occupancy Rate? Try these Strategies.


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. 

article thumbnail

Report: Boutique hotel occupancy outpaces all U.S. hotels

Hotel Business

Boutique hotels continue to report solid occupancies and healthy ADRs, and collectively achieved increases in all performance indicators through June, according to the Boutique Hotels: Mid-Year 2023 report from The Highland Group. At mid-year 2023, boutique hotel occupancy levels indexed ahead of all U.S. This compares to all U.S.

article thumbnail

Report: Independent hotels see record-breaking occupancy

Hotel Business

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