Hotel Management
OCTOBER 31, 2024
The property features an infinity-edge swimming pool, heated spa, sundecks complete with private cabanas and sunbeds, state of the art gymnasium, gardens and landscaping, as well as 18 retailers and restaurants. Thanks to its prime location, the hotel maintains 85-95% occupancy throughout the year. “We
eZee Absolute
FEBRUARY 4, 2025
In fact, concert-goers often flood the local hotel market, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand. Here’s a closer look at the tangible impact of live concerts on hotel occupancy and the hospitality industry, backed by compelling examples and statistics.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Hotel Management
FEBRUARY 25, 2025
Australia and New Zealand’s hospitality sectors led the world in terms of occupancy in 2024, achieving occupancies of 78.1% New Zealand entered a recession in the third quarter of 2024, and apart from Queenstown, occupancy and rates have been constrained. in the US, 71.2% in Europe and 65.1% in the Middle East.
STAAH
JULY 1, 2025
Avoid uploading B2B rates into channels that also distribute to retail OTAs unless you have full control over where those rates appear. These five mistakes can quietly eat away at your revenue, even when occupancy looks strong. Consider using dynamic static rates, which prevent ADR and RevPAR from being cannibalized. The good news?
SiteMinder
AUGUST 5, 2025
Managers often rely on RevPAR, ADR or occupancy to judge performance. Occupancy might sit at 70% yet RevPAC lags behind last year. Food and beverage, spa, parking and retail outlets can more than double guest value when promoted at the right moments. Think of a midweek lull. Ancillary spend.
Cloudbeds
JANUARY 22, 2025
Financial analysis When EBITDAR is combined with other metrics, such as ADR (average daily rate), occupancy rate, or RevPAR (revenue per available room) , it can help dig deeper into financial metrics. Consider offsetting rent costs by subleasing underutilized spaces, such as conference rooms or retail areas.
Hotelier Magazine
APRIL 15, 2025
Hotel Crunch Threatens Growth Vancouver hotels are operating at near full capacity, with 80 per cent average annual occupancy and up to 95 per cent during peak seasons well above rates in peer cities. The lack of new capacity makes it increasingly difficult to attract major conferences and marquee events and meet visitor demand.
Expert insights. Personalized for you.
Let's personalize your content