Skift Blog

DECEMBER 25, 2024

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. Skift Take: Hotels aren't full! Except in Manhattan.) Sean O'Neill Read the Complete Story On Skift

Occupancy 313

Occupancy Hotels Travel 313

Hotel Management

MAY 15, 2025

Conversely, outbound travel by New Zealand residents saw a 6.6% The number of New Zealand residents travelling overseas in April matched the levels seen in April 2019, with Queenstown once again topping the performance rankings with RevPAR climbing 17% year-on-year. Occupancy in this segment reached close to 78%.

130

130

Hotel Management

JANUARY 21, 2025

Hilton Regional Director, Development –Australasia, Tushar Raniga,says travellers are demanding holistic experiences that deliver on value, adventure and local touches. Luxury travellers are seeking hotels that tell their own stories.

Occupancy 243

Occupancy Travel Services Business 243

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. “We

Resorts 264

Resorts Occupancy General Manager Closing 264

Lodging

MAY 16, 2025

DALLAS, TexasCBRE forecasted that revenue per available room (RevPAR) will grow modestly in 2025, driven by the continued outperformance of urban locations benefiting from increased group and business travel, as well as a projected rise in demand for drive-to and regional leisure destinations. CBRE projected a 1.3

162

162

Skift Blog

JANUARY 7, 2025

Skift Take: Domestic demand in the form of weddings, business travel and MICE is leading to record occupancy levels in the Indian hotel industry. However, lack of foreign arrivals continues to be a sore spot. Bulbul Dhawan Read the Complete Story On Skift

Occupancy 274

Occupancy Travel Hotels Business 274

Skift Blog

NOVEMBER 20, 2024

Skift Take: In the July-September quarter, the occupancy remained consistent as last year, and the growth in revenue was driven by higher room rates: A positive sign indicating travelers' willingness to spend more on tourism. Bulbul Dhawan Read the Complete Story On Skift

Revenue 270

Revenue Occupancy Tourism Travel 270