Lodging

NOVEMBER 19, 2024

NASHVILLE—STR and Tourism Economics ​downgraded the growth rate in the final U.S. For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were each downgraded, -0.5 hotel forecast revision of 2024. percentage points to +1.5 percent and down 0.6 ppts to +1.4 percent, respectively.

Forecasting 262

Forecasting Average Daily Rate Occupancy Tourism 262

Skift Blog

MARCH 25, 2025

Skift Take: The ongoing live tourism boom provides compelling opportunities for hotels to maximize revenue by boosting average daily rates, extending stays, increasing guest volumes, and building long-term growth and loyalty. Robin Gilbert-Jones Read the Complete Story On Skift

Average Daily Rate 264

Average Daily Rate Tourism Events Business 264

Skift Blog

MARCH 17, 2023

Skift Take: Morocco saw its tourism revenue surge in 2022, and its government believes further investment in the sector will be the catalyst for another boom — especially with the country poised to grow in popularity with remote workers. Rashaad Jorden Read the Complete Story On Skift

Tourism 264

Tourism Revenue 264

Hotel Management

JANUARY 7, 2024

The Federal and Queensland State government initiative includes discounted airfares and accommodation which is expected to boost business for local tourism operators. The post Government steps in to drive return of tourism to Far North Queensland following Cyclone Jasper appeared first on Hotel Management.

Tourism 287

Tourism Cancellation Accommodation Occupancy 287

Skift Blog

JULY 10, 2024

Skift Take: Through a combination of targeted promotions, improved airline services, and strategic visa policies, Sri Lanka is inching closer to its goal of attracting 2.5 million tourists this year. Peden Doma Bhutia Read the Complete Story On Skift

Tourism 321

Tourism Revenue Services Market 321

Hotel Management

MAY 8, 2024

Peak industry body Accommodation Australia (AA) has raised concerns over cuts to Victoria’s tourism marketing budget, saying the move will impact visitation to the state and ‘sends the wrong message’ to hotel investors. AA said that Visit Victoria typically receives AU$32.5

Tourism 264

Tourism Average Daily Rate Accommodation General Manager 264

Skift Blog

DECEMBER 2, 2024

Skift Take: Thailand thrives on tourism, and direct flights to the U.S. They’d attract more long-staying American travelers, boosting tourism revenues and giving a solid lift to Thailand’s tourism-reliant economy. could be a game-changer. Peden Doma Bhutia Read the Complete Story On Skift

Tourism 299

Tourism Revenue Travel 299

Skift Blog

JULY 8, 2024

While the state is seeking to promote its various offerings, it does not want to lose out on the significant revenue from weddings and business meetings. Skift Take: Rajasthan, a premier wedding destination in India, has much to offer including wildlife, museums, temples, and lakes. Bulbul Dhawan Read the Complete Story On Skift

Tourism 306

Tourism Revenue Business Travel 306

Skift Blog

APRIL 16, 2024

Skift Take: Travel and tourism industry accounted for around 6% of India's GDP in 2022. The country has therefore been focusing on boosting tourism. Bulbul Dhawan Read the Complete Story On Skift

Tourism 245

Tourism Travel Revenue Hotels 245

Hotel Management

JUNE 26, 2025

Fiji’s tourism sector has achieved unprecedented success, with visitor arrivals surpassing one million for the first time—983,000 arriving by air and 82,000 as cruise passengers. billion in tourism earnings in 2024, and the Ministry of Tourism has established ambitious targets of $4 billion in revenue and 1.25

Real Estate 130

Real Estate Tourism Hotels Hotel Marketing 130

Skift Blog

APRIL 9, 2024

Expedia Group recently unveiled new data highlighting how its advertising tools enhance visibility for travel partners on their sites and can augment partner revenue during popular cultural events. Skift Take: If you’re heading to the latest stop on Taylor Swift’s Eras Tour, you will likely need to book a flight and hotel.

Events 299

Events Revenue Travel Marketing 299

Skift Blog

JULY 14, 2024

Skift Take: By 2024, Asia’s travel and tourism revenue is projected to hit a whopping $326 billion. To cash in on this boom, travel providers need to tackle Asia’s patchwork of payment options. Peden Doma Bhutia Read the Complete Story On Skift

Travel 306

Travel Tourism Revenue 306

Skift Blog

MAY 20, 2024

The growth in passenger traffic will increase revenue sources for airport operators. Skift Take: India's aviation industry is expanding to increase connectivity. Bulbul Dhawan Read the Complete Story On Skift

Revenue 277

Revenue Operations Retail Tourism 277

Hotel Speak

MAY 30, 2025

Everything we do must connect to them ‘ ethos and how this approach has not only revolutionised the guest experience but has also become the driving force behind a more holistic and resilient revenue generation strategy, one that prioritises Revenue Per Available Guest (RevPAG) and cultivates meaningful, long-lasting guest relationships.

Revenue 102

Revenue Business Ancillary Revenue Travel 102

Skift Blog

MAY 15, 2024

But the European tourism giant still produced record revenue for its hotels, resorts, and cruises. Skift Take: TUI is grappling with operational challenges due to ongoing delays in Boeing aircraft deliveries. Jesse Chase-Lubitz Read the Complete Story On Skift

Tourism 297

Tourism Revenue Operations Resorts 297

Hotel Management

NOVEMBER 19, 2024

Hotels in Asia-Pacific with water park amenities achieve higher revenues and guest satisfaction, demonstrating the growing trend of aquatic attractions as key to enhanced resort performance. For instance, data reveals that hotels in Asia-Pacific with WhiteWater installations achieved a RevPAR 119.6% higher than regional averages.

Average Daily Rate 130

Average Daily Rate Revenue Hotels Resorts 130

Lodging

JANUARY 29, 2025

WASHINGTONCoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. For 2025, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were unchanged from the previous forecast, +1.6 hotel forecast of 2025 released at the Americas Lodging Investment Summit (ALIS).

Forecasting 147

Forecasting Average Daily Rate Occupancy Tourism 147

STAAH

APRIL 29, 2025

Advanced Strategies to Maximize Revenue a. Dynamic Pricing: Real-Time Revenue Optimization c. Todays winners in hospitality are those who use tools like a Channel Manager not only to sync availability but to maximize revenue, streamline operations, and build a resilient digital strategy. The New Age of Hotel Distribution 2.

Revenue 84

Revenue Management OTA Average Daily Rate 84

Hotel Management

FEBRUARY 13, 2024

Both Melbourne and Sydney properties are forecasted to have 100% occupancy during concert dates and transient revenue is up to 30% stronger in comparison to other popular concerts,” Hutton told HM exclusively, noting that many hotel guests are asking if they are able to decorate their rooms with Taylor merchandise.

Occupancy 290

Occupancy Tourism Events Accommodation 290

Preno

JUNE 24, 2025

VANCOUVER — The BC Hotel Association (BCHA) has appointed Shawna Lang to the role of director of Sales & Revenue Optimization. Lang brings more than two decades of experience in tourism and hospitality, with a career spanning destinations, attractions and agencies knowns for their innovation and impact.

Revenue 52

Revenue Sales Tourism Occupancy 52

Hotel Management

JANUARY 21, 2025

The surge in visitation brings substantial benefits to the local economy, supporting jobs in hospitality and boosting revenue for licensed venues and local tourism operators, Woods said. Western Australias vibrant tourism and hospitality sectors continue to contribute to a thriving community and a resilient economy.

Occupancy 130

Occupancy Tourism Events Hotels 130

Skift Blog

JULY 18, 2023

Skift Take: Thailand is experiencing a shortfall in its anticipated number of Chinese tourists, potentially impacting its tourism target for 2023. The country is now exploring alternative markets like Middle Eastern tourists, who can significantly contribute to its tourism revenue despite not matching the Chinese numbers.

Tourism 246

Tourism Revenue Marketing Market 246

Hotel Management

JUNE 13, 2024

ARMA and Allara Learning Launch New Revenue and Yield Management Fundamentals Course. The Australian Revenue Management Association (ARMA), in collaboration with Allara Learning, is thrilled to announce the launch of a brand new, nationally accredited course in Revenue and Yield Management Fundamentals.

Yield Management 147

Yield Management Revenue Revenue Management Tourism 147

Skift Blog

JANUARY 27, 2025

Skift Take: Oyo is ensuring it stays competitive in the growing spiritual tourism market, a sector that has caught the attention of major players like MakeMyTrip and proven to be a significant revenue driver for them. Bulbul Dhawan Read the Complete Story On Skift

Tourism 247

Tourism Revenue Marketing Market 247

Hotel Management

JULY 1, 2025

Marion Guillermet has been named Director of Revenue, bringing a wealth of revenue strategy expertise, most recently from overseeing four hotels as Portfolio Revenue Manager at IHG Hotels and Resorts.

General Manager 130

General Manager Tourism Motels Events 130

STAAH

APRIL 15, 2025

According to the Global Wellness Institute, wellness tourism is expected to reach a staggering $1.3 What Is Wellness Tourism (and Why Should You Care)? Wellness tourism is all about travel with purpose aimed at maintaining or improving ones personal well-being. dental tourism, checkups).

Tourism 67

Tourism Travel Services OTA 67

Lodging

SEPTEMBER 12, 2024

ARLINGTON, Virginia—Knowland reported that New York ranked second among the top 25 markets, with over 30 percent year-over-year (YOY) meeting volume growth driven primarily by sports tourism for August. This data is sourced from Knowland’s sales intelligence platform designed to help hoteliers protect and grow their revenue base.

Marketing 264

Marketing Market Events Tourism 264

Lodging

NOVEMBER 20, 2023

HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023. For 2023, growth in RevPAR was raised by 0.3 percentage points, due to a 0.6 percentage point lift in ADR growth.

Forecasting 290

Forecasting Average Daily Rate Occupancy Tourism 290

Skift Blog

AUGUST 14, 2024

Skift Take: In recent months, the Las Vegas Sphere has been selling over $1 million a day in tickets, on average. But is that enough to recoup its $2.3 billion cost? Jesse Chase-Lubitz Read the Complete Story On Skift

Revenue 306

Revenue Tourism 306

Skift Blog

JUNE 25, 2023

Skift Take: China's iconic Dragon Boat Festival has seen year-on-year revenue growth. Still, the overall numbers for the 2023 festival appear to lag when compared to 2019, putting tourism recovery in the spotlight and whether added measures are needed to boost its growth in the world's second-biggest economy.

Tourism 245

Tourism Revenue Travel 245

SiteMinder

MAY 18, 2025

The establishment is a part of 79HMG’s new hospitality brand, the “79 Military Village Revival Guesthouse Series,” which aims to connect Taiwan’s rich local history with tourism. It gives me more time to focus on pricing strategies and revenue optimization. Before, most bookings came from local travelers.

Revenue 80

Revenue Operations Management Services 80

Skift Blog

AUGUST 7, 2024

Skift Take: Disney's theme parks — one of the world's most popular tourist attractions — face a domestic slowdown. Dawit Habtemariam Read the Complete Story On Skift

Revenue 306

Revenue Tourism 306

Hotel Management

OCTOBER 29, 2024

The tour, which recently made history as the highest-grossing rock tour of all time, is the first rock tour to surpass US$1 billion in revenue, and second only to Taylor Swift’s The Eras Tour. This highlights the vital role major events play in driving tourism and stimulating economic activity. to A$481.20.

Occupancy 162

Occupancy Average Length of Stay Accommodation Events 162

Hotel Management

APRIL 8, 2025

The coordinated efforts of Tourism Events Queensland and Experience Gold Coast, supported by airlines and hotel groups like ours, have been instrumental in driving a strong Easter holiday period for the tourism industry, he said. Its fantastic to see travellers rally behind Queensland, choosing to support local destinations.

Tourism 130

Tourism Events Occupancy Hotels 130

Hotel Management

FEBRUARY 4, 2025

Bagley joins from Choice Hotels Asia-Pac, where he recently served as Franchise Development Manager, successfully expanding the brands portfolio and contributing to significant revenue growth. At Kelsian Group, he played a key role in tourism product development understanding customer needs and developing market-driven products.

General Manager 162

General Manager Tourism Hotels Events 162

Hotel Management

AUGUST 29, 2024

Japan’s top hoteliers and tourism professionals are preparing to meet next week for the inaugural AHICE Far East Asia on Wednesday, September 5. The half-day event at The Tokyo EDITION hotel in Toranomon will unite leaders from the hotel, aviation, and tourism sectors to discuss challenges and opportunities in this rapidly evolving market.

Tourism 147

Tourism Occupancy Hotels Events 147

Hotel Management

SEPTEMBER 7, 2023

Tourism leaders in New Zealand have raised concerns about the future of the industry due to a proposed NZ$15 million reduction in government funding to promote New Zealand as a visitor destination. Doolan pointed to a 42% increase in Tourism Australia funding between 2014 (AU$130 million) and 2024 (AU$184.5 over 10 years,” said Doolan.

Tourism 147

Tourism Marketing Market Closing 147