Hotel News Resource

NOVEMBER 15, 2024

and occupancy declined 0.8%, resulting in a 0.2% Business centric chain scales and location types outperformed, while leisure and resort locations underperformed. Q3 performance trends were weaker than expected. ADR continued to lag inflation at 0.6% decline in RevPAR.

Scale 74

Scale Occupancy Resorts Travel 74

Hotel Business

NOVEMBER 16, 2023

RevPAR growth next year, driven by a 40 basis-point (bps) occupancy improvement and a 2.3% inbound international travelers will boost occupancy and pricing power back toward their historical trend lines.” ” The best-performing lodging location type in Q3 2023 was urban, where occupancy improved 110 bps to 70.3%.

Forecasting 110

Forecasting Occupancy Scale Consumer 110

Hotel Business

APRIL 15, 2024

decrease in occupancy, which was driven in part by a 1.3% decrease in occupancy, which was driven in part by a 1.3% Resorts were the only location type to register RevPAR gains in February. Resorts outperformed all other location types, posting the only gain, up 0.9% RevPAR, occupancy down in Feb. drop in demand.

Occupancy 59

Occupancy Consumer Market Share Forecasting 59

SiteMinder

OCTOBER 26, 2023

Dallas, USA – Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix.

Revenue Management 81

Revenue Management Revenue Resorts Management 81

Hotel Business

FEBRUARY 20, 2025

As we enter 2025, we will continue to realize the earnings growth from our past investments, meaningfully expand the scale of our business and accelerate our growth in the coming years.” and occupancy levels increased by 80 basis points for fourth-quarter 2024, compared to the same period of 2023. Repurchased 3.1

Ancillary Revenue 59

Ancillary Revenue Pipeline Scale Revenue 59

Hotel Speak

MAY 14, 2025

For instance, beach resorts may experience surges during summer months, while urban hotels might see increased bookings during major conferences or festivals. By analyzing booking patterns, guest behavior, and local events, hotels can anticipate occupancy rates and adjust strategies accordingly.

51

51

Hotel Business

FEBRUARY 18, 2025

InterContinental Hotels Group (IHG Hotels & Resorts) reported global RevPAR increased 3% for full-year 2024 vs. 2023, with a year-over-year increase of 4.6% year-over-year (YOY) for FY2024, occupancy up 0.6 for the fourth quarter. RevPAR for the Americas was up 2.5% for the year (up 4.6% in Q4), with U.S. RevPAR up 1.7%

Branding 59

Branding Pipeline Resorts Operations 59

Hotel Management

APRIL 23, 2024

As Director of Distribution and Systems, Ben Salter will apply his 30+ years of industry experience managing revenue, sales and distribution teams at Accor and Stamford Hotels and Resorts. Josie Hungerford At Trilogy, she will drive portfolio growth strategy and large-scale corporate projects.

Revenue 147

Revenue Hotels Sales Management 147

Hotel Business

OCTOBER 20, 2023

vs 2019; occupancy +4.1%pts YOY On track to have returned $1B to shareholders in 2023 through share buybacks and dividend payments “Travel demand remained very healthy during the quarter, and I would like to thank all our teams for supporting another strong trading period,” said Elie Maalouf, CEO, IHG Hotels & Resorts. YOY, +3.1%

Pipeline 110

Pipeline Occupancy Average Daily Rate Branding 110

Hotel Business

FEBRUARY 20, 2024

Other highlights include: Americas FY RevPAR up 7% YoY (Q4 +1.5%), EMEAA +23.7% (Q4 +7%) and Greater China +71.7% (Q4 +72%), reflecting the differing levels of travel restrictions that were still in place in 2022 ADR up 5% vs 2022, +13% vs 2019; occupancy up 6 pts. vs 2022, 1 pt. rooms (275 hotels), +16% YoY (ex. YoY Q4 opened 19.2K

Pipeline 109

Pipeline Resorts Scale Occupancy 109

Hotel Management

AUGUST 15, 2024

With a focus on hotel and resort operations and investment, AHICE provides a platform for industry leaders to connect, learn, and collaborate. “The launch of AHICE Far East Asia marks a significant milestone for the Japanese hotel industry,” said James Wilkinson, AHICE Group President.

Tourism 130

Tourism Hospitality Average Daily Rate Events 130

STAAH

SEPTEMBER 13, 2023

Advance Purchase : This discount type allows you to scale the discount based on the number of days a booking is made in advance. Multi Nights : With this discount type, you can scale the discount based on the number of nights a guest plans to stay. It encourages longer stays and increases the average booking value.

Revenue 109

Revenue Scale Occupancy Marketing 109

Hotel Business

JULY 26, 2023

hotel occupancy on track to reach 63.8% The following are additional key findings of the study: High scores for hotel staff linked to low problem incidence: Overall satisfaction with hotel staff is 701 (on a 1,000-point scale), making it the single highest-scoring factor in this year’s study. With average U.S. According to the J.D.

Hiring 98

Hiring Scale Hotels Services 98

Hotel Business

MAY 3, 2024

“Global RevPAR in the first quarter of 2024 continued to grow, up 2.6%, reflecting the strength of our globally diverse footprint,” said Elie Maalouf, CEO, IHG Hotels & Resorts. Occupancy was 63.1%, down 1.1 YOY, with occupancy up 2.7 YOY, with occupancy up 0.7 year-over-year (YOY) and up 0.7% YOY, with U.S.

Pipeline 109

Pipeline Occupancy Travel Branding 109

Hotel Business

JANUARY 9, 2023

2022 has been a successful one for the hospitality industry, with hotel room occupancy surging near the record-high 2019 levels. In 2021, the segment outperformed all other chain scales, with occupancy running nearly 20 points higher than all other U.S. By Shilpan Patel. billion, which surpasses 2019 revenue. segments combined.

Services 116

Services Revenue Occupancy Travel 116

Hotel Management

JULY 3, 2024

A bumper crowd of over 330 leading owners, investors, operators, suppliers and advisors were at the Sofitel Fiji Resort and Spa this week (Jul 3-4) for the 2024 AHICE Fiji Islands Investment in Tourism Summit , where record performance numbers were the talk of the major conference. Now is definitely the right time for investment in Fiji.

Tourism 113

Tourism Average Daily Rate Resorts Marketing 113

SiteMinder

NOVEMBER 24, 2024

Whether you’re an independent hotel owner looking to scale or a medium-sized chain operator exploring franchising, this guide will help you understand the key benefits, costs, and opportunities in hotel franchising. Performance metrics : Discuss realistic goals for revenue and occupancy. What is the purpose of hotel franchising?

Hotels 52

Hotels Motels Branding Operations 52

Hotel Business

AUGUST 8, 2023

During Intercontinental Hotels Group ‘s (IHG) first-half results presentation, Elie Maalouf, CEO, IHG Hotels & Resorts , revealed that the company will soon launch a new brand targeted at midscale conversion opportunities. For the first half of the year, ended June 30, IHG reported a 24% year-over-year RevPAR increase.

Branding 98

Branding Pipeline Scale Resorts 98

Hotel Designs

DECEMBER 6, 2024

Applying her unique style across a range of building typologies, geographies and scales she re-engages in an approach that carefully addresses each project from an in-depth consideration of the detail to the overall massing strategy. Past projects have included the Natural History Museums Earth Sciences Centre.

Scale 52

Scale Hospitality Retail Management 52

Hotel Business

FEBRUARY 7, 2024

compared to the same period in 2022 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 12.2% compared to the same period in 2022 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 16.7% for the fourth quarter and $4.33 For the year ended Dec.

Pipeline 115

Pipeline Branding Revenue Occupancy 115

Boutique Hotel News

JUNE 29, 2023

UK: QHotels Collection, a portfolio of hotels and resorts across the UK , has published its sustainability policy which will be rolled out nationwide. Phillip Gardner, commercial director at The QHotels Collection , said: “We understand the scale of our operations and the environmental impact that comes with it.

Scale 52

Scale Occupancy Resorts Closing 52

Cloudbeds

MARCH 3, 2025

Together, the two industry leaders will deliver an unparalleled solution in efficiency, scale, and accuracy to help hoteliers of all property types maximize profitability – while offering enhanced benefits to multi-property operators. Together, were making enterprise-grade technology accessible to all.

Revenue 59

Revenue Revenue Management Scale Casinos 59

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. markets has already recovered by 99.1% markets has already recovered by 99.1%

Travel 90

Travel Occupancy Average Daily Rate Global Distribution System 90

Hotelier Magazine

APRIL 2, 2024

For the past few years, the hotel industry has enjoyed strong market fundamentals driven by solid ADR and occupancy rates, creating a positive investment environment. By chain scale, upper midscale and upscale accounted for three per cent and 19 per cent of rooms in the national pipeline, respectively.

Pipeline 59

Pipeline Construction Sales Scale 59

Hotel Business

FEBRUARY 21, 2023

Worldwide ADR was up 8% vs. 2019, while occupancy was down 7 percentage points vs. 2019. “In In 2022, we saw demand return strongly in most of our markets, pushing group RevPAR back close to 2019 levels and fee margin ahead,” said Keith Barr, IHG Hotels & Resorts. for full-year 2022 vs. 2019. YOY Fee margin of 56.2%, +6.6%

Pipeline 52

Pipeline Scale Occupancy Resorts 52

Hotel Business

JANUARY 18, 2024

Moderated by Glenn Haussman, founder/host, No Vacancy Live podcast, the panelists included Jeff Porterfield, SVP, client services/chief customer officer, Entegra; Natasha Scott, VP, operations performance and strategy, IHG Hotels & Resorts; Bryan P. Scott kicked it off with some opportunities she’s seeing for 2024 and for guests.

Occupancy 59

Occupancy Operations Services Scale 59

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% Average US occupancy rate is just under 65%. Luxury properties are normally split into a few main categories; Business, Airport, Holiday, Resorts & Spas.

Occupancy 59

Occupancy Hotels Revenue Cancellation 59

Amadeus Hospitality

DECEMBER 14, 2022

With this data in mind, hoteliers and DMOs can begin to scale up their sustainability strategy by solidifying their own plans to target carbon and greenhouse gas (GHG) emissions and by considering key target demographics when advertising on GDS platforms and on other direct channels.

Global Distribution System 52

Global Distribution System Scale Travel Business 52

eZee Absolute

AUGUST 22, 2023

Whether you’re operating a boutique inn nestled in a town or a luxurious resort overlooking pristine beaches. Driving Occupancy and Revenue One of the most immediate and noticeable impacts of MICE on the hotel industry is occupancy rates and revenue generation. MICE holds transformative potential for your establishment.

Tourism 52

Tourism Hospitality Events Occupancy 52

Amadeus Hospitality

NOVEMBER 12, 2024

When asked to rate their top business objectives that are driving technology investment, 41% of hoteliers cited their desire to increase occupancy. Survey respondents also said data fragmentation (33%), data efficiency (32%), and data integrity (30%) are among the biggest challenges faced in business intelligence today.

Business 52

Business Average Daily Rate Hospitality Ancillary Revenue 52

AskSuite

APRIL 28, 2025

Whether you’re running an independent hotel, a resort or a hotel chain, integration lays the groundwork for scalability, automation, and a consistent guest experience. Facilitates scaling across multiple properties For hotel groups and chains, integration becomes essential to maintain consistency and control across locations.

52

52

SiteMinder

DECEMBER 1, 2022

The direct outcomes of engaging a hotel consulting firm vary based on the assignment, however most outcomes also affect business growth, revenue, and occupancy. Given a clear goal, the expectation is for them to deliver against that goal and, in the process, likely grow key performance indicators, such as occupancy or revenue.

Hotels 59

Hotels Business Occupancy Hospitality 59

eZee Absolute

SEPTEMBER 30, 2022

I am listing below the prime OTAs in the hotel industry that can promote your hotel on a larger scale to drive maximum bookings. It connects a wide spectrum of accommodations; from apartments, vacation homes, and family-run B&Bs to 5-star luxury resorts, tree houses, and even igloos. Here goes the list: 1. Booking.com.

OTA 85

OTA Hotels Accommodation Consumer 85

Hotelier Magazine

OCTOBER 10, 2024

Occupancy is up. I would say that over the 12-month period, our occupancy has been up 1.3 The only areas that we’re seeing some difficulty is in our resort properties where climate change is impacting the occupancy and the business levels there. How has this impacted ADR and occupancy? Bob Singh: A great year.

Real Estate 59

Real Estate Marketing Market Hotels 59

Fuel Travel

JULY 11, 2024

Whether a boutique bed and breakfast or a 500+ room resort, every hotel benefits from easy-to-use booking software. This decreases your overall number of third-party bookings and your reliance on OTAs to drive occupancy. This allows you to optimize rates and sell relevant deals to boost revenue and occupancy.

Upsell 52

Upsell Overbooking Hotels OTA 52

Boutique Hotel News

DECEMBER 20, 2022

In the meantime, a dedicated eCommerce platform for hotels and resorts, LiBi, launched earlier this year. According to Matterport , JLL was able to transact 85 per cent faster using digital twin technology, and hospitality properties with a digital twin can increase occupancy by 14 per cent.

Travel 124

Travel Hotels Branding Consumer 124

SiteMinder

MAY 18, 2022

It’s a full scale business that keeps Markus busy, however he still relishes the chance to get away from the desk, keeping an adventurous spirit and a passion for travel alive. “I Hoteliers should always resort to external help when there is a lack of the two factors – expertise and/or time,” he explained. EUR in one month.

Revenue Management 52

Revenue Management Revenue Management Occupancy 52