Lodging

OCTOBER 23, 2023

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 276

Occupancy Hospitality Events Business 276

Hotel Management

APRIL 29, 2025

The post Accors Brisbane hotels kick occupancy goals for footy weekend appeared first on Hotel Management. The strong performance were seeing across our hotels this week highlights the incredible pull of live sport as a tourism and economic driver. Our teams are going all out to deliver unforgettable experiences for every guest.

Occupancy 130

Occupancy Accommodation Tourism Hotels 130

Skift Blog

FEBRUARY 27, 2024

Skift Take: Several factors are driving the demand for hospitality industry in India, especially domestic tourism. ICRA expects this robust demand to lead to strong growth in FY2025. Bulbul Dhawan Read the Complete Story On Skift

Occupancy 311

Occupancy Tourism Hospitality Hotels 311

Lodging

FEBRUARY 14, 2025

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 243

Occupancy Hotels Market Marketing 243

Skift Blog

DECEMBER 25, 2024

Skift Take: Hotels aren't full! Except in Manhattan.) One theory why is that corporate travelers who used to book rooms for days or weeks at a time are taking shorter trips because of hybrid work. Sean O'Neill Read the Complete Story On Skift

Occupancy 317

Occupancy Hotels Travel 317

Lodging

FEBRUARY 28, 2025

Hotel Performance February 16-22, 2025 Percentage change from comparable week in 2024 Occupancy: 60.3 percent) Among the Top 25 Markets, Los Angeles saw the largest occupancy increase (up 10.4 percent (down 2.7 percent) ADR: $159.90 (up 2.5 percent) RevPAR: $96.49 (down 0.3 percent to 74.8 percent) and RevPAR (up 16.7

Occupancy 225

Occupancy Hotels Market Marketing 225

Lodging

NOVEMBER 15, 2024

This revision reflects a 40 basis point (bps) decrease in expected occupancy compared to the prior forecast, […] The post CBRE: U.S. CBRE now forecasts a.5 5 percent increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2 percent in August.

Forecasting 287

Forecasting Occupancy Revenue Hotels 287

Lodging

FEBRUARY 6, 2025

All segments drove RevPAR outperformance, with strong trends in leisure occupancy, as well as continued growth in business transient and group results, and we expect favorable trends to continue into […] The post Hilton Reports Q4 and Full-Year 2024 Results appeared first on LODGING Magazine.

Occupancy 253

Occupancy Business 253

Lodging

NOVEMBER 19, 2024

Occupancy for the year was lowered 0.1 For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were each downgraded, -0.5 percentage points to +1.5 percent and down 0.6 ppts to +1.4 percent, respectively. percentage point to 62.9 For 2025, […] The post STR, TE Downgrade U.S.

Forecasting 260

Forecasting Average Daily Rate Occupancy Tourism 260

Hotel Management

OCTOBER 29, 2024

Recent data from CoStar shows Auckland experiencing the highest occupancy levels of the three cities, peaking at 84.1% The second highest occupancy on the books (79.1%, +25.5% With the tour already pushing the market’s daily occupancy over the 80% mark, this will be the first time Auckland will see levels this high since July.”

Occupancy 162

Occupancy Average Length of Stay Accommodation Events 162

Hotel Management

OCTOBER 31, 2024

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.

Resorts 264

Resorts Occupancy General Manager Branding 264

Skift Blog

APRIL 18, 2023

Skift Take: Strong leisure travel demand and resumption of international flights have been instrumental in reshaping the fortunes of the hospitality sector. But will the trend continue? Amrita Ghosh Read the Complete Story On Skift

Occupancy 260

Occupancy Hospitality Travel Hotels 260

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. Encouragingly, Easter forward occupancy remains unaffected for now. We’re closely monitoring booking trends.

Occupancy 130

Occupancy Cancellation Closing Management 130

Hotel Management

JANUARY 14, 2025

Event-related occupancy forecasts are particularly impressive, given STR and JLL report Melbourne has welcomed 81 new hotels and over 5,200 rooms in the five-year period between 2019 and 2024, with another 2,000 rooms still to come, said Accommodation Australia (Victoria) General Manager, Dougal Hollis.

Business 130

Business Occupancy Forecasting Accommodation 130

Skift Blog

APRIL 27, 2023

Skift Take: When Accor sneezes, the global hotel industry catches a cold. The Paris-based hotel giant sounds healthy. Sean O'Neill Read the Complete Story On Skift

Occupancy 246

Occupancy Hotels 246

Lodging

NOVEMBER 27, 2024

Strong loyalty programs help hotel brands lower customer acquisition costs, increase direct-to-consumer access, and offset occupancy shortfalls during shoulder periods and weaker economic conditions.

Occupancy 146

Occupancy Consumer Branding Hotels 146

Skift Blog

JUNE 28, 2023

Skift Take: Rising supply is a good as long as there is demand at a price that consumers are willing to pay. If not, we are looking at a softening market. Srividya Kalyanaraman Read the Complete Story On Skift

Occupancy 246

Occupancy Consumer Market Marketing 246

Lodging

NOVEMBER 15, 2024

Hotel PerformanceNovember 3-9, 2024Percentage change from comparable week in 2023:Occupancy: 62.6 percent) Among the Top 25 Markets, Las Vegas saw the largest increases across each of the three key performance metrics: occupancy (up 6.8 percent (down 3.5 percent)ADR: $156.11 (down 0.1 percent)RevPAR: $97.73 (down 3.5 percent to 85.4

Occupancy 146

Occupancy Hotels Market Marketing 146

Lodging

FEBRUARY 6, 2025

Hotel Performance January 26-February 1, 2025 Percentage change from comparable week in 2024 Occupancy: 56.5 percent) Among the Top 25 Markets, Minneapolis reported the largest increases in occupancy (up 13.6 percent (up 2.3 percent) ADR: $150.25 (up 1.8 percent) RevPAR: $84.90 (up 4.1 percent to 47.4 percent) and RevPAR (up 16.7

Occupancy 146

Occupancy Hotels Market Marketing 146

Lodging

JANUARY 27, 2025

Hotel Performance December 2024 Percentage change from December 2023 Occupancy: 53.2 percent) Among the Top 25 Markets, New York City experienced the highest occupancy level (up 1.4 percent (up 1.1 percent) ADR: $156.67 (up 3.3 percent) RevPAR: $83.30 (up 4.4 percent to 87.9

Occupancy 146

Occupancy Market Marketing Hotels 146

Lodging

JANUARY 23, 2025

Hotel Performance 2024 (Percentage change from 2023): Occupancy: 63 percent (flat) ADR: $158.67 (up 1.7 percent) Among the Top 25 Markets, New York City experienced the highest occupancy level (up 3.3 WASHINGTONThe U.S. percent) RevPAR: $99.94 (up 1.8 percent to 84.3 […] The post CoStar: U.S.

Average Daily Rate 146

Average Daily Rate Occupancy Revenue Market 146

Lodging

MAY 30, 2025

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 Among the Top 25 Markets,St.

Occupancy 159

Occupancy Hotels Market Marketing 159

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

JANUARY 10, 2025

Hotel Performance December 29, 2024-January 4, 2025 Percentage change from comparable week in 2023 and 2024 Occupancy: 48.3 percent) Among the Top 25 Markets, Tampa reported the largest year-over-year occupancy increase (up 29.7 percent (up 2.9 percent) ADR: $168.90 (up 11.7 percent) RevPAR: $81.53 (up 14.9 percent to 77.5

Occupancy 159

Occupancy Hotels Market Marketing 159

Lodging

JANUARY 3, 2025

Hotel Performance December 15-21, 2024 Percentage change from comparable week in 2023 Occupancy: 48.9 As expected, actual levels were significantly lower than the prior week because of the seasonal slowdown. percent (up 11.4 percent) ADR: $135.79 (up […] The post CoStar: December U.S.

Occupancy 170

Occupancy Hotels Business Travel 170

Lodging

DECEMBER 2, 2024

Hotel Performance November 17-23, 2024 Percentage change from comparable week in 2023 Occupancy 59.7 percent) Among the Top 25 Markets, Seattle reported the largest year-over-year occupancy increase (up 62.9 percent (up 20.7 percent) ADR $150.49 (up 8.6 percent) RevPAR $89.80 (up 31.1 percent to 76.7

Occupancy 146

Occupancy Hotels Market Marketing 146

Hotel Management

JANUARY 21, 2025

Despite cost-of-living pressures, occupancy levels remain high and in demand both from a leisure and business perspective. This partnership offers our guests new ways of staying with Hilton, from rustic huts and woodland treehouses to rainforest retreats and coastal villas.

Occupancy 243

Occupancy Travel Services Business 243

Lodging

APRIL 4, 2025

Louissaw the largest increases in occupancy (up 27 percent to 76.8 Hotel PerformanceMarch 23-29, 2025Percentage change from comparable week in 2024Occupancy: 65.1 percent (up 4.4 percent)ADR: $161.65 (up 2.5 percent)RevPAR: $105.19 (up 7.0 percent) Among the Top 25 Markets,St. percent), ADR (up 15.8

Closing 159

Closing Occupancy Market Hotels 159

Lodging

MAY 16, 2025

percent increase in RevPAR for 2025, with occupancy and average daily rate (ADR) rising by 14 basis points (bps) and 1.2 CBRE projected a 1.3 percent year-over-year, respectively. This represents slightly softer […] The post CBRE Forecasts Modest RevPAR Growth in 2025 appeared first on LODGING Magazine.

Forecasting 159

Forecasting Average Daily Rate Occupancy Revenue 159

Lodging

JANUARY 18, 2024

Hotel Performance During 2023 Percentage change from 2022:Occupancy: 63.0% (+0.6%)ADR: RevPAR: US$97.97 (+4.9%) The country’s occupancy level was its highest since 2019. Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (up 8.8 ADR: US$155.62 (+4.3%)RevPAR:

Average Daily Rate 275

Average Daily Rate Occupancy Revenue Hotels 275

Hotel Management

SEPTEMBER 28, 2023

Accommodation Australia reported sporting fans from Queensland and around the country are jetting interstate to enjoy the action, resulting in “skyrocketing” occupancy levels for hotels. Northerners keen to see in the AFL on Saturday have also boosted Melbourne hotels with around 80% occupancy for both Friday and Saturday nights.”

Occupancy 264

Occupancy Accommodation Events Hotels 264

Lodging

MARCH 27, 2025

percent) Among the Top 25 Markets, Anaheim saw the highest occupancy lift (up 15.5 Hotel PerformanceMarch 16-22, 2025Percentage change from comparable week in 2024Occupancy: 66 percent (up 1 percent)ADR: $165.48 (up 1.8 percent)RevPAR: $109.22 (up 2.8 percent to 83.8 Chicago reported the largest increases in ADR (up 17.8

Occupancy 146

Occupancy Hotels Market Marketing 146

Skift Blog

APRIL 21, 2023

Skift Take: Slower supply growth and high demand aren't always necessarily bad, quite the opposite: They translate into high occupancy rates, and more revenue per booking. Srividya Kalyanaraman Read the Complete Story On Skift

Occupancy 312

Occupancy Revenue 312

Lodging

APRIL 11, 2025

percent) Among the Top 25 Markets,San Franciscosaw the largest occupancy increase (up 13.2 Hotel PerformanceMarch 30 – April 5, 2025Percentage change from comparable week in 2024Occupancy: 63.8 percent (down 0.6 percent)ADR: $160.18 (up 1.4 percent)RevPAR: $102.21 (up 0.8 percent to 67.5

Occupancy 159

Occupancy Hotels Market Marketing 159

Lodging

MARCH 29, 2024

Hotel Performance March 17-23, 2024 Percentage change from comparable week in 2023:Occupancy: 65.3 percent) Among the Top 25 Markets, New Orleans reported the largest year-over-year increase in occupancy (up 13.6 percent (up 0.7 percent)ADR: $162.28 (up 2.5 percent)RevPAR: $106.01 (up 3.2 percent to 75.5

Occupancy 287

Occupancy Hotels Market Marketing 287

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

Lodging

APRIL 18, 2025

Among the Top 25 Markets,San Franciscosaw the largest occupancy increase (up 17.1 Hotel PerformanceApril 6 – April 12, 2025Percentage change from comparable week in 2024Occupancy: 65.6 percent (down 0.3 percent)ADR: $162.72 (up 0.5 percent)RevPAR: $106.81 (up 0.2 percent to […] The post CoStar: U.S.

Occupancy 146

Occupancy Hotels Market Marketing 146