Hotel Management

NOVEMBER 5, 2024

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.”

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Hotel Management

NOVEMBER 21, 2024

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. Booking.com Market Team Manager, Keti Naumovski, said value for money is top of mind for travellers.

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Hotel Management

SEPTEMBER 28, 2023

Accommodation Australia reported sporting fans from Queensland and around the country are jetting interstate to enjoy the action, resulting in “skyrocketing” occupancy levels for hotels. Northerners keen to see in the AFL on Saturday have also boosted Melbourne hotels with around 80% occupancy for both Friday and Saturday nights.”

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Hotel Management

FEBRUARY 13, 2024

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.

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Hotel Management

JANUARY 7, 2024

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.

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Hotel Management

JUNE 17, 2024

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. Destination NSW will receive AU$324.5

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Hotel Management

SEPTEMBER 20, 2023

We’ve had 206 hotels open across Australia in the last three years,” said Accommodation Australia CEO Michael Johnson. “In Hotel operators across the country – but particularly in our gateway cities – are seeing occupancies re-building to pre-pandemic levels. “We And people also want an experience, they want to be pampered.

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Hotel Management

FEBRUARY 8, 2024

2023 was the biggest February hotels have seen in years and Taylor has topped it,” said Accommodation Australia Chief Executive, Michael Johnson. Sydney hotels are already at 84% occupancy for The Eras Tour long weekend, according to Accommodation Australia. “We

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Hotel Management

FEBRUARY 1, 2024

A new lifestyle accommodation venture known as The Leisure Accommodation Collective (LA Co), has launched its first property in Melbourne, following its takeover of The Village hostel portfolio in 2022. The post Lifestyle accommodation venture launches elevated hostel offering appeared first on Hotel Management.

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TravelNet

MARCH 19, 2025

Are you looking to maximize your occupancy and revenue? A benefit of using TrackDistribution is that you already have the foundation in place to easily connect and manage your properties on one of the world’s leading online travel agencies. Seamless Integration, More Visibility, Higher Revenue!

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Hotel Management

JULY 25, 2023

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.

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Hotel Management

JANUARY 28, 2025

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.

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Hotel Management

MARCH 30, 2023

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.

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Hotel Management

MAY 25, 2023

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.

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Hotel Business

DECEMBER 12, 2022

Hotel management system provider RoomRaccoon has unveiled its annual global report, RoomRaccoon Report 2022, “A Year of Impact: What’s Next?” In August, RoomRaccoon’s clients in Europe had record-breaking occupancy levels averaging 64% in comparison to 61% in August 2019. Hotels are generating better revenue.

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Hotel Management

FEBRUARY 27, 2024

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”.

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Hotel Management

OCTOBER 8, 2024

The state’s peak accommodation industry body, Accommodation Australia NSW said the strategy presents a “once-in-a-lifetime opportunity for growth”. The post NSW Government targets 40,000 new hotel rooms in $91 billion tourism plan appeared first on Hotel Management.

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Hotel Management

OCTOBER 31, 2024

The New Zealand market is not without its challenges, and a unified approach to industry representation at government level could have a powerful impact, writes The Ascott Limited Managing Director – Australia, David Mansfield. Our properties are performing well, with solid occupancy and rate performance.

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Hotel Management

APRIL 6, 2023

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. The post WA reports record $14 billion tourism spend in 2022 appeared first on Hotel Management.

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Tourism Occupancy Accommodation Events 235

Hotel Management

NOVEMBER 9, 2023

Hotel asset management firm Axsia HTL is predicting a drop off in hotel management agreements (HMAs) in 2024 and beyond as more owners opt in favour of franchise agreements, which are predominate in the US market. The post HMas are out, franchise agreements are in, Axsia HTL reports appeared first on Hotel Management.

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Hotel Management

OCTOBER 10, 2023

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.

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Hotel Management

MARCH 26, 2024

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.

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Hotel Management

JANUARY 8, 2024

As the brand expands to destinations such as Bali, Penang, Sydney and Frankfurt, Ascott has evolved the brand to deliver a “multifaceted hospitality experience” with flexible typologies that range from co-living accommodation and city hotels to full-service resorts. “In

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Hotel Management

MAY 23, 2023

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.

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Hotel Management

MAY 1, 2023

“As the Australian arm of Ascott, lyf Sussex Sydney and Oakwood Epping are part of our proven global strategy that is focused on delivering hospitality solutions that elevate the guest experience,” said Ascott Australia Managing Director, David Mansfield.

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Hotel Management

JUNE 18, 2024

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.

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Hotel Management

OCTOBER 7, 2024

Australian-owned fund manager Salter Brothers is expanding its portfolio of luxury retreat assets with the acquisition of the Bannisters portfolio in New South Wales. Salter Brothers Hospitality will assume management of these hotels with the support of an existing skilled team of 150 full-time staff members. “We

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Hotel Management

JULY 4, 2023

On the accommodation front, Australia hit a record high of 5,945 commercial accommodation establishments (10 or more rooms) in 2022, according to STR – a 3.2% As was the case for occupancy rates, the largest increases in ADR and RevPAR occurred in the luxury and upper upscale classes of accommodation.

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Average Daily Rate Revenue Accommodation Occupancy 147

Hotel Management

JUNE 29, 2023

CBRE’s market analysis found that boutique properties have outperformed ‘big box’ international hotels on occupancy levels, Average Daily Rate (ADR) and Revenue Per Available Room (RevPar) since the onset of the pandemic in 2020.

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Hotel Speak

JUNE 4, 2024

Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy? I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back. Which is it?

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Hotel Management

JUNE 20, 2023

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

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Hotel Management

AUGUST 3, 2023

The Ascott Limited has launched a refresh of its flagship namesake brand, Ascott, that showcases its flex-hybrid accommodation concept. By being responsive to shifts in demand, Ascott can quickly pivot its operations to suit the needs of the market and optimise occupancy to drive revenue growth,” he said.

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STAAH

APRIL 23, 2024

As technology continues to evolve, so do the strategies and innovations within revenue management. Let’s delve into some of the key trends shaping the future of revenue management in the hotel industry: 1.

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SiteMinder

JUNE 6, 2024

A quick search on the internet yields a wide range of definitions for ‘revenue management’. 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’.

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Cloudbeds

FEBRUARY 14, 2025

Competition for hotels grew, and prices started to fluctuate more as revenue management systems made pricing strategies more sophisticated. After that, the deciding factor was the level of accommodation, identified by star rating, while experienceswhat to do once arrived and the overall vibe of the hotelwere an afterthought.

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Hotels Revenue Management Occupancy OTA 94

Hotel Management

SEPTEMBER 26, 2024

Resortbrokers Managing Director Trudy Crooks, and Broker Kelli Crouch, unpack the hotel real estate landscape in Queensland and the Northern Territory. Going into FY25, ResortBrokers’ market outlook for Queensland is as strong as ever: it remains one of the best places in Australia to buy an accommodation property or business.

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Hotel Management

MARCH 25, 2024

Intellisoftware will also gain a seat on ARMA’s Skills Council to provide input for ARMA’s nationally recognised and accredited VET qualification in revenue and yield management launching this year. Melissa Kalan ARMA CEO, sharing her insights on the partnership stated, “This collaboration marks a significant milestone for us.

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