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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.
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. This cumulative growth represents a circa 33% increase in Melbourne hotel stocks, obviously generating more hotel rooms to be filled.
More than 120 hoteliers from New South Wales hotels were in attendance for the recent Accommodation Australia NSW Hotel Market and Economic Outlook Update at Hilton Sydney. There was positive demand growth, particularly across gateway cities Sydney and Melbourne, over the last 12 months although the Average Daily Rate (ADR) remained stagnant.
Accommodation Australia NSW GeneralManager 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 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 GeneralManager, Stacey McBride. Destination NSW will receive AU$324.5
Occupancies are at unparalleled levels over the concert periods, and we have also seen a surge in regional demand as Swifties take the opportunity to travel further. For both the Melbourne and Sydney concerts we’ve seen a bump in hotel occupancy around the event dates, and our restaurants have also seen great reservation numbers.
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. This year, Johnson explained, while there is demand for weekend bookings, occupancy during the week is softer than expected.
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.
Almost a year on from China’s reopening to the world, The Peninsula Beijing GeneralManager, Cameron Cundle, spoke to Ruth Hogan about the recovery of travel, debunking preconceptions among travellers, and rooting the guest experience in cultural connection. The first big travel movement domestically was the May holiday – 1.3
Burke had plenty of positive news to share with occupancy trending back to 2019 levels, while rates are up 25%. He revealed that ADR more than occupancy separates the major markets; and luxury still leads in total growth, although midscale is making major strides. View the full collection of images from Day 1 of AHICE Aotearoa.
In the hotel’s first week, even without a heavy marketing campaign, occupancy was circa 60% with one night over the weekend hitting 80% occupancy due to compression on the CBD, thanks to the hotel’s close proximity, Hunt shared.
Sydney-born Public Hospitality Group is perhaps best known for its thriving network of pubs and bars, which includes the likes of The Norfolk Hotel and Maybe Sammy, but over the last 12 months, the business has been investing heavily in its accommodation offering, giving rise to a growing portfolio of boutique lifestyle hotels. “It
This type of forecasting is essential for understanding the total demand for accommodation in a destination. It considers various reasons for traveling to the destination, such as for business (conferences, exhibitions, business meetings) or leisure (culture, festivals, concerts, sports).
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?
Some of these take a theoretical, almost academic approach and, in several instances, there are iterations of revenue management’s classic definition: ‘selling the right room, to the right guest, at the right time, for the right price’. Yet, it’s important to consider that the demands of revenue management have drastically changed.
Unlike other businesses, many independent accommodation providers have somewhat of a revenue ceiling. You only have a certain number of rooms, so once you’re fully booked, revenue generation opportunities become limited. Maximising ADR helps a hotel increase revenue without needing to increase occupancy.
The benefit of a ‘virtual’ front desk Since David and Arielle manage Haven Hall without a traditional reception or generalmanager, it is crucial to have an admin system that can provide a simple and central control hub. There’s no better solution than Little Hotelier’s front desk system.
Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain. Pricing strategy: How you will set competitive room rates and consider implementing revenue management strategies to maximise occupancy and revenue. based on your projected occupancy and service levels.
Boost your hotel's reputation and occupancy Effectively boost guest satisfaction and request feedback to enhance your reviews with Little Hotelier. Impact on bookings : Google reviews can directly affect your occupancy rates. It’s allowed us to unlock this huge revenue opportunity with accommodation that we didn’t know was possible.
The latest STR data for May 2024, also shows ADR up almost 9% compared the same month in 2023, while occupancy has moderated somewhat. We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. This has led to our Deputy Prime Minister declaring Fiji needs 5000 new hotel beds to cater for demand.
Once your hotel has an idea of demand, you can make tweaks to your room and service prices that help maximise revenue and occupancy. Three of the most common hotel forecasting methods include: Revenue management forecasting: Used to predict future demand.
It simplifies day-to-day operations by centralising all property management tasks in one system, saving time and reducing manual errors. Reporting and analytics The software includes robust reporting and analytics capabilities, allowing hoteliers to track key performance metrics, such as occupancy rates, revenue, and guest demographics.
GeneralManagement: GeneralManagers take care of the overall administration of a hotel. A Hotel PMS provides several operational reports, including a history and forecast report, revenue report, reservation report, housekeeping report, night audit report, financial report, guest history report, occupancy reports, etc.,
Anthea Dimitrakopoulos, GeneralManager, Brand and ESG, Quest Apartment Hotels , said, “Realizing the strategic importance of market insights on corporate travel movement and seeing positive returns from GDS advertising gave us the confidence we needed to grow our relationship with Amadeus.
In 2018, Immesi became generalmanager of The Curtain Hotel and members club in Shoreditch [now a Mondrian Hotel]. In her role as managing director of Native Aparthotels, Immesi has continued to grow the lifestyle brand and oversee operations, people, culture and strategic development across the UK and into Europe.
With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide. Not only can an in-house restaurant provide an enhanced guest experience but can reach a broader range of clientele, especially when your restaurant management operates independently from your hotel management.
With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide. Not only can an in-house restaurant provide an enhanced guest experience but can reach a broader range of clientele, especially when your restaurant management operates independently from your hotel management.
Confederación Española de Hoteles y Alojamientos Turísticos (CEHAT) The Confederación Española de Hoteles y Alojamientos Turísticos (CEHAT) is the main representative body for the Spanish hotel and tourist accommodation sector. Who are its members? – Sergio Sacal, Head of Market Development LATAM at Cloudbeds 24. Who are its members?
Generally, reviews also contribute to transparency and accountability within the industry, fostering a culture of improvement as software developers can leverage on feedback to refine and upgrade their tech products. I highly recommend it for the revenue manager and generalmanager of small to mid sized properties.
Women in the global hospitality industry, from generalmanagers, owners, sales executives, and advisors looking to connect with fellow professionals and share revolutionary ideas for personal and professional success. No Vacancy Hotel & Accommodation Expo Date: September 18 – 19 Location: Sydney, Australia. Why attend?
Accommodation Australia (Victoria) GeneralManager, Dougal Hollis, has welcomed the news, saying it reflects Melbournes envied reputation as a world-leading major events city, with record crowds at the recent Australian Formula 1 Grand Prix, Boxing Day Test and Australian Open Grand Slam only serving to enhance this reputation further.
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