Hotel Management

OCTOBER 29, 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.”

Occupancy 147

Occupancy Average Length of Stay Accommodation Events 147

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. We’re the largest operator now in the Pacific Islands.

Occupancy 130

Occupancy Hotels Dining General Manager 130

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.

Accommodation 288

Accommodation Occupancy Events Marketing 288

STAAH

JULY 8, 2024

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. Personalized Services: Use data to personalize guest experiences.

Digital Marketing 52

Digital Marketing Accommodation Market Marketing 52

Hotel Management

SEPTEMBER 26, 2024

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. Occupancy, RevPAR and ADR are all up on FY23 according to the latest TRA figures for Queensland. This is across the board on a regional level.

Real Estate 130

Real Estate Accommodation Tourism Retail 130

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”.

Tourism 217

Tourism Occupancy Accommodation Events 217

Xotels

MAY 30, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? Occupancy or ADR? So what is it, Occupancy or Average Room Rate (ARR)? In a formula it is expressed as follows: Occupancy x ADR = RevPAR In the end, it is not about occupancy or ADR, average daily rate, but about how much money is made by the hotel.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

Hotel Management

DECEMBER 10, 2023

Accommodation Australia CEO Michael Johnson said the migration strategy “implements a number of reforms which will improve the system, while recognising more work needs to be done”, pointing to the importance of further consultation on issues such as the chronic labour shortage in regional areas and changes to student visas.

Management 312

Management Accommodation Closing Hotels 312

Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? So what is it, Occupancy or Average Room Rate (ARR)? In a formula it is expressed as follows: Occupancy x ADR = RevPAR In the end, it is not about occupancy or ADR, average daily rate, but about how much money is made by the hotel. Which is it?

Revenue Management 47

Revenue Management Occupancy Revenue Average Daily Rate 47

Hotel Management

JULY 18, 2024

Real estate experts from Savills have highlighted opportunity for property developers and accommodation operators in Christchurch as visitation and population growth rise.

Real Estate 130

Real Estate Motels Construction Occupancy 130

Little Hotelier

JANUARY 14, 2024

Located only 150 metres from Mushroom Bay Beach in Lembongan, Castaway Boutique Resort is an accommodation that offers invaluable comfort and privacy. Operating since 2014, the resort provides a number of complementary facilities such as television, air conditioning, outdoor swimming pool and free Wi-Fi access throughout.

Occupancy 52

Occupancy Resorts Operations Management 52

Little Hotelier

JUNE 26, 2024

Decked with facilities such as a public swimming pool, this 12-room accommodation offers room amenities such as smart TV, water heater, and WiFi accessible in all public areas. “Since we first opened, we needed help to manage our inventory and operations,” she said. “As the owner, I feel greatly aided.”

Occupancy 40

Occupancy OTA Operations Management 40

Cloudbeds

SEPTEMBER 18, 2024

Data analytics is the cornerstone of successful hotel operations. This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. Examples of advanced KPIs include revenue per available room (TrevPAR) and gross operating profit per available room (GOPPAR).

Operations 40

Operations Revenue Management Occupancy Revenue 40

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

Average Daily Rate 264

Average Daily Rate Accommodation Scale Branding 264

Hotel Management

OCTOBER 24, 2023

Sydney’s hotel market is the top performer nationally with occupancy above 75%, an average daily rate (ADR) above AU$300 and revenue per available room (RevPAR) above AU$200, according to STR and Colliers. Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer.

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Accommodation 130

Little Hotelier

OCTOBER 17, 2023

Nutana Hotel Lombok, in Mataram, is one of the best accommodation options for those on business trips to Indonesia. Operating since 2016, the property offers 43 rooms which are divided into two types, twin bed and double bed. This hotel offers a number of services such as room service and a 24-hour front desk.

Occupancy 52

Occupancy Management Hotels OTA 52

Hotel Speak

MARCH 8, 2024

Yet it’s not just rising food costs causing challenges to hotel operators. Data from CoStar showed that the total operating expenses per available room in the U.S. Amid market challenges like high consumer goods and labor costs, hotel operators must stay nimble and implement strategies to safeguard their profitability.

Operations 85

Operations Hotels Consumer Events 85

SiteMinder

JANUARY 8, 2024

Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Learn more Different parts of hospitality management operations Hospitality is an umbrella term to many industries. Operations management in the hospitality industry is a broad term.

Operations 59

Operations Management OTA Hotels 59

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.

General Manager 249

General Manager Events Occupancy Resorts 249

Hotel Management

OCTOBER 3, 2024

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.

Events 130

Events Construction Occupancy Accommodation 130

SiteMinder

JANUARY 8, 2024

Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Learn more Different parts of hospitality management operations Hospitality is an umbrella term to many industries. Operations management in the hospitality industry is a broad term.

Operations 52

Operations Management OTA Hotels 52

Hotel Business

NOVEMBER 18, 2022

If the hospitality industry has learned anything in the past few years, it’s that we need to operate efficiently and creatively to succeed in the future. What does the future hold for hotel operations? Still, the good news is there are ways to optimize data and make operations more efficient, while also enhancing experiences.

Operations 98

Operations Hospitality Occupancy Business 98

Hotel Management

SEPTEMBER 24, 2024

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. The post AHICE Aotearoa draws top hotel executives to Christchurch appeared first on Hotel Management.

Events 147

Events Hotels Target Marketing Accommodation 147

Hotel Management

MARCH 14, 2024

The hotel giant has signed a Memorandum of Understanding (MOU) with developer Sunny Beach Land confirming its intention to operate the proposed Hervey Bay Esplanade Resort. In Marriott’s case, we focus our distribution on our 200 million Marriott Bonvoy loyalty members, who represent 50 per cent of night occupancy at our hotels.

Resorts 264

Resorts Intent Occupancy Accommodation 264

Cloudbeds

OCTOBER 9, 2024

Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. Operational efficiency Operational forecasts help hoteliers optimize efficiency by providing insights into anticipated demand levels.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

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.

Average Daily Rate 246

Average Daily Rate Occupancy Hotels Travel 246

SiteMinder

JUNE 6, 2024

With rising costs, evolving guest behaviours and the varying types of accommodation businesses that have emerged, revenue management now means different things to different properties. I define revenue management as a way for accommodation properties to earn more,” says De Ponga.

Revenue Management 98

Revenue Management Revenue Management Accommodation 98

Amadeus Hospitality

SEPTEMBER 27, 2023

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.

Occupancy 120

Occupancy Hospitality Revenue Business 120

STAAH

DECEMBER 18, 2023

8 Essential reasons to Optimize your Hotel’s Booking Engine A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. It plays a key role in the overall success of a hotel’s operations. It involves identifying target markets, setting sales goals, and creating a plan to achieve those goals.

Hospitality 91

Hospitality Occupancy Target Marketing Hotel Sales 91

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

Business 242

Business Hotel Marketing Market Marketing 242

Hotel Management

MARCH 25, 2024

The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. The high-profile opening drove occupancy for this fresh take on budget accommodation. million in earned media coverage within just three weeks.

Tourism 130

Tourism Occupancy Resorts Branding 130

Hotel Management

MARCH 25, 2024

The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. The high-profile opening drove occupancy for this fresh take on budget accommodation. million in earned media coverage within just three weeks.

Tourism 130

Tourism Occupancy Resorts Branding 130

Hotel Management

OCTOBER 3, 2023

The Veriu Group is making its mark in Australia’s apartment hotel landscape with over 3,000 rooms operating across 21 sites and a further 17 sites in development across both the Veriu Hotels and Suites and Punthill Apartment Hotels brands.

Scale 130

Scale Construction Average Daily Rate Hotels 130

Hotel Designs

OCTOBER 7, 2024

By doing so, they empower hotels to adopt a great approach to managing and controlling their operations, eliminating the need for separate control interfaces for each system. Zennio’s automation solution is specifically designed to accommodate expansion and adaptation over time.

Operations 103

Operations Hotels Management Occupancy 103

Hotel Management

JULY 25, 2023

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. The global hospitality giant has been concentrating on fostering relationships with New Zealand owned and operated brands to gain local insights into the region.

Real Estate 130

Real Estate Branding Pipeline Occupancy 130

Little Hotelier

AUGUST 12, 2024

Efficient hotels use systems and procedures to streamline operations. Unlike other businesses, many independent accommodation providers have somewhat of a revenue ceiling. That’s where hotel operational efficiency comes in. Maximising ADR helps a hotel increase revenue without needing to increase occupancy.

Average Daily Rate 52

Average Daily Rate Revenue Occupancy Operations 52

Hotel Operations

FEBRUARY 12, 2023

Imagine working in operations at some of the leading hotel companies in the world, and then having the chance to start all over with a blank canvas in a role leading operations for a new brand. It’s a fundamental principle that you have in every hotel operation. What would you do? Or the division between rooms and F&B.

Operations 52

Operations Real Estate Hotels Revenue 52