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Throughout the event, which ran from May 24 through to June 15, occupancy rates stayed strong despite unfavourable weather conditions, with hotels reporting 75% occupancy on weeknights and up to 90% on weekends. The post Hotels enjoy strong occupancy levels in Vivid Sydney’s 14th year appeared first on Hotel Management.
Our strategic partnership will continue to deliver our members and guests extraordinary sporting experiences to enjoy alongside our world class accommodations connecting people from all over the world as the spotlight shines on Australia.”
The New South Wales government has vowed to increase support for tourism, nightlife and major events in the state budget, announced on Tuesday, marking a positive outcome for the hotel sector, according to Accommodation Australia NSW General Manager, Stacey McBride. Any investment in events is an investment in the visitor economy.”
This years event is expected to draw record fan numbers an bring an increase of up to 10% in Melbourne city hotel room bookings, across main tournament days, according to Accommodation Australia. The occupancy boost is welcome news as hoteliers seek to match a high performing Q1 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.”
Nearly six months on from the formation of Accommodation Australia – an amalgamation of the Accommodation Association and Tourism Accommodation Australia – CEO Michael Johnson spoke to HM’s Ruth Hogan about what has been achieved this year and what’s top of the agenda for 2024. I think it definitely has.
Accommodation Australia NSW General Manager Stacey McBride said major events are essential in bringing much-needed tourists back into the CBD. The NSW visitor economy and accommodation hotels will be some of the main beneficiaries.”
The influx of visitors attending these sold-out events has significantly boosted hotel bookings across Melbourne and Sydney, providing a major boost to each city’s visitor economy,” Williams said. What we’re seeing with Taylor Swift tour is a phenomenon and particularly noteworthy,” Jones told HM. “In
Hotels in Sydney and Melbourne are benefitting from an influx of interstate visitors for their respective public holiday weekends with major sporting events taking place across the two cities. Northerners keen to see in the AFL on Saturday have also boosted Melbourne hotels with around 80% occupancy for both Friday and Saturday nights.”
A AU$5 million recovery package aimed at driving visitation to Cairns and Far North Queensland in the wake of the devastating Tropical Cyclone Jasper and recent flooding has been welcomed by peak industry body Accommodation Australia.
The NSW Government is lifting the cap on concerts for the SCG precinct and Allianz Stadium from an average of four events a year to 20 events a year, in a bid to drive more visitation to the state. Lifting the cap from four concerts per year to 20 just makes good sense,” said McBride.
This event not only marked Coldplay’s debut in India but also set a new record for the most stadium concerts by a band in the 21st century. The surge in hotel bookings during these high-profile events highlights how live concerts act as powerful economic drivers for cities. Many hotels were fully booked months in advance.
2023 was the biggest February hotels have seen in years and Taylor has topped it,” said Accommodation Australia Chief Executive, Michael Johnson. Major events like these are a boon for hotels and a huge boost for the visitor economy. Whatever you think of her music, everyone in NSW should be thanking her for coming.”
Marriott Bonvoy is celebrating a successful Australian Open as the events official accommodation partner for the fourth year running, with increased occupancy at its 10 Melbourne hotels, enhanced brand awareness and greater member engagement.
Victoria’s proposed tourism tax has been deemed “unfair” on hotel guests and likely to impact tourism numbers in the state, according to peak accommodation body Accommodation Australia. Johnson said the government should instead target “the unregulated accommodation sector” to help deal with the rental housing crisis.
Events and attractions draw people into cities and it’s great for our industry. Michael Johnson, CEO of Tourism Accommodation Australia and Interim CEO of Accommodation Association said the festival has evolved greatly over the years to become a “demand driver” for hotels. They do such a fantastic job.”
Marriott International, the preferred accommodation partner for the event, has reported high-level bookings over the next two weeks, with their eleven Melbourne hotels at 100% occupancy on April 1 – an incredible feat for its newly opened hotels, Le Méridien Melbourne and The Ritz-Carlton Melbourne. “We
Sydney hotels enjoyed a record-breaking weekend, with many reporting occupancy levels of between 90% and 100%, thanks to major events across the city, including four sold-out Taylor Swift concerts. Accommodation Australia CEO Michael Johnson said “the ‘Swift effect’ is undeniable”.
Despite the slow return of international travellers to Queensland, occupancy levels at Accor’s 96 hotels across the state are surging beyond 2019 occupancy levels thanks to strong domestic travel and the lure of major concerts and events. And that’s the power of events and sport,” Derry said.
What does it mean to be a part of the events industry in 2019? For venues and planners, that means looking into the crystal ball to get ahead of event trends and expectations. Here, we cover the top 19 trends which promise to shake up event planning and hospitality in 2019 and beyond. Well for starters, don’t blink.
Over 550 hotel industry professionals descended on Wellington’s new Takina Convention and Exhibition Centre for the second Aotearoa Hotel Industry Conference and Exhibition, marking a new attendance record for the event. Burke had plenty of positive news to share with occupancy trending back to 2019 levels, while rates are up 25%.
Woods said the data reflects the concerted efforts by State and Federal Governments, Tourism WA and Tourism Australia to support the tourism, accommodation and hospitality sector rebound. It is critical that we maintain the momentum that has been built.
The NSW Government’s Visitor Economy Strategy 2030 Review, announced on Tuesday, includes plans to add over 40,000 new hotel rooms across the state as part of key infrastructure projects, and aims to boost airline capacity, events, and conference facilities.
AHICE Group President James Wilkinson said the conference will focus on building positive growth in the sector, from improving occupancy and ADR to driving food and beverage revenue. Our content this year is the best to date and we are already excited for our 2025 event.” L-R Tony Ryan (Trilogy Hotels), Luke Moran (LA Co.)
We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. Fiji continues to be loved the world over for the world class accommodation, great food and drink options, beautiful weather and classic sun, sand and surf. However, what really makes Fiji stand out is our people and our culture.
The Asia Pacific Hotel Industry Conference and Exhibition (AHICE) has kicked off at the Adelaide Oval this Wednesday morning with more than 1,400 delegates from across the globe expected to attend this week’s events. AHICE Founder, Chair and Convenor, James Wilkinson, said this year’s conference will be “even bigger and better”.
However, as the market grew and evolved, this model started to show its limitations: Overreliance on historical data Traditional comp sets were rarely updated and relied heavily on historical data, such as past pricing, occupancy rates, and guest reviews. As McKinsey highlights , in the old days of traveling, destination came first.
Lyf – pronounced ‘life’ – stands for ‘live your freedom’ and is an accommodation concept targeting next-generation travellers including non-traditional corporates such as digital nomads, start-ups, entrepreneurs and creatives. We’re not aiming to be this high-end lifestyle brand.
As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it.
Owners are responding to the growing need for properties that cater to both business and leisure travellers to accommodate the popular “Bleisure” trend. Hybrid spaces that can host large conferences and provide exceptional leisure experiences are on the rise, allowing owners to maximize occupancy and rates throughout the week.
What is occupancy rate? Occupancy rate determines how full your hotel is at any given time. Your property’s occupancy rate is one of the most important indicators of success. What is the formula for occupancy rate? For example, if you have 20 rooms, but only 10 are occupied, your occupancy rate will be 50%.
Real estate experts from Savills have highlighted opportunity for property developers and accommodation operators in Christchurch as visitation and population growth rise. We are focusing on a range of strategic hotel developments in the central city,” said Savills’ Director of Commercial Sales and Hotels in Christchurch, Norman Engel. “In
Maximum Occupancy Australia, one of Australia’s premier hotel and accommodation industry conferences, announced further speakers for 22-23 July. To be held.
Today, the inaugural Maximum Occupancy West Coast Conference announced its first speakers. Scheduled for 16 April 2024 at the Crown Perth, the conference will include a cross-section of leaders in the Western Australian accommodation industry, East Coast and abroad.
Originally published to the Amadeus newsroom 2023 global hotel occupancy levels are trending 10% ahead of 2022 with Q4 on-the-books reservations up 11% over last year, according to Amadeus data September 27, 2023 – There is a sense of buoyancy in the global hospitality industry as we head into the fourth quarter of 2023.
Hotel tax, also known as occupancy tax, lodging tax or bed tax, is a tax that US authorities impose on the rental of hotel rooms and other forms of short-term accommodation. Is hotel occupancy tax state or local? Hawaii has a statewide ‘transient accommodations tax’ that currently sits at 10.25%. What is hotel tax?
Accommodation providers can navigate these by leveraging online bookings and digital marketing strategies. Here’s a comprehensive guide to help accommodation providers optimize their efforts and maintain steady occupancy rates during economic downturns. Focus on local SEO to attract nearby travelers.
Our Queenstown portfolio also offers spectacular Serviced Apartment accommodation and is centrally located just outside of Queenstown itself, with unobstructed views of The Remarkables and Lake Wakatipu. Have large events like the FIFA Women’s World Cup had a positive impact?
What are hotel events? Hotel events transform hotels into hubs of activity and excitement. These events range from elegant corporate conferences to vibrant weddings, each offering a unique atmosphere and a multitude of opportunities. Events are a never-ending marketing opportunity and a major source of tourism.
In his opening address, AHICE Group President James Wilkinson, highlighted the economic impact of the event on the city. “We’re We’re very proud of the economic contribution to the city that this event will have,” he said. “We’re This is the highest accommodation type after staying with family and friends.
Following the success of Maximum Occupancy New Zealand and successful partnerships in the region, BWH Hotels ramps up its focus on emerging growth opportunities in New Zealand. BWH Hotels is expanding its footprint across the ditch with new development, partnerships and brand growth in New Zealand.
The average occupancy rate for U.S. These shifts will improve their occupancy rates. Research social listening tools that can accommodate what you need. Collect data at events Whether you’re hosting parties at your restaurant or conferences at your hotel, you can bring a lot of attention to your business with stand-out events.
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