Hotel Management

JUNE 18, 2024

Ahead of the inaugural AHICE Fiji Islands Investment in Tourism Summit on July 3-4 , Tourism Fiji CEO, Brent Hill, spoke exclusively to HM about the strong demand for holidays in the South Pacific. Brent Hill, Tourism Fiji Tourism in Fiji is booming! Register now for AHICE Fiji Islands Investment in Tourism Summit.

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Tourism Average Daily Rate Market Marketing 264

Hotel Management

APRIL 6, 2023

Following last year’s border reopening, WA’s tourism sector has rebounded rapidly, which is outstanding news for WA’s hoteliers, publicans, restaurateurs, and the tens of thousands of staff they employ,” Woods said. “In 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

Hospitality Net

JUNE 26, 2024

There may be no crying in baseball, but hoteliers who are not building relationships with travel sports teams may find themselves shedding a few tears once they realize how much money is being left on the table by not catering to the lucrative sports tourism segment.

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Tourism Travel Occupancy Accommodation 147

eHotelier

JULY 14, 2024

Maximum Occupancy Australia, one of Australia’s premier hotel and accommodation industry conferences, announced further speakers for 22-23 July. To be held.

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Occupancy Tourism Accommodation Hotels 52

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.”

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Occupancy Average Length of Stay Accommodation Events 147

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong. Hotels are generating better revenue.

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Occupancy Ancillary Revenue Upsell Revenue 115

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. The boost to tourism doesn’t just stop at creating memories – it creates jobs.

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Tourism Occupancy Accommodation Events 217

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 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. Inflation, cash rate uncertainty and the housing crisis haven’t changed the fundamental drivers of one of strongest tourism markets in the country.

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Real Estate Accommodation Tourism Retail 130

Hotel Management

JULY 4, 2023

The long-term outlook for Australia’s visitor economy remains bright, despite the impact of interest rate rises and lower household savings rates in the near term, but a full recovery may take until 2025, according to Tourism Research Australia’s 2022 State of the Industry report. When it came to Australians travelling overseas, there were 5.2

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Average Daily Rate Revenue Accommodation Occupancy 147

Hotel Management

JULY 3, 2024

A bumper crowd of over 330 leading owners, investors, operators, suppliers and advisors were at the Sofitel Fiji Resort and Spa this week (Jul 3-4) for the 2024 AHICE Fiji Islands Investment in Tourism Summit , where record performance numbers were the talk of the major conference. Tourism in Fiji is booming,” he said.

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Tourism Average Daily Rate Resorts Market 113

Hotel Management

JULY 18, 2023

Incoming NSW tourism boss Stacey McBride said the game has created an uptick in hotel bookings around Western Sydney. “We We are seeing a high number of bookings for accommodation providers located in the vicinity of Olympic Park and hotel capacity right across Sydney is nearing 70%, reflecting a noticeable surge in demand,” she said. “In

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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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General Manager Accommodation Events Occupancy 147

Little Hotelier

SEPTEMBER 4, 2024

Domestic tourism definition Domestic tourism’s definition is much the same as domestic travel, except it takes into account only those who are travelling for leisure. Domestic tourism example An example of domestic tourism might be an American family travelling from another state to visit California and stay at Disneyland.

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Tourism Travel Business Market 98

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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Events Accommodation Tourism Occupancy 261

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. We have our largest number of Australian attendees yet, plus also delegates from England, Singapore, Fiji, Thailand and more flying to Aotearoa for AHICE.

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Events Hotels Target Marketing Accommodation 147

SiteMinder

FEBRUARY 14, 2024

What are tourism trends? Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. Table of contents Why keep up with new trends in tourism?

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Tourism Market Marketing Travel 59

Hotel Management

SEPTEMBER 26, 2024

The presentation showed New Zealand’s tourism industry is grappling with a stalled recovery in 2024 with RevPAR YTD August -3.8%, primarily due to a combination of increased supply (+2.7%) and softening demand (+1.4%). All tourism segments will need to surpass pre-pandemic levels to absorb the increased supply in the market.

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Tourism Hotels Occupancy Events 147

Hotel Management

MARCH 25, 2024

The boutique PR consultancy will specialise in the travel, tourism and hospitality industry, bringing over 20 years of top-level experience to her clients. The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. Following a successful 2.5

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Tourism Occupancy Resorts Branding 130

Hotel Management

MARCH 25, 2024

The boutique PR consultancy will specialise in the travel, tourism and hospitality industry, bringing over 20 years of top-level experience to her clients. The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. Following a successful 2.5

Tourism 130

Tourism Occupancy Resorts Branding 130

eZee Absolute

AUGUST 22, 2023

Impact of MICE on The Hospitality Industry In the busy world of hospitality, MICE tourism emerges as a powerful catalyst, reshaping the landscape of hotels and accommodations. Driving Occupancy and Revenue One of the most immediate and noticeable impacts of MICE on the hotel industry is occupancy rates and revenue generation.

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Tourism Hospitality Events Occupancy 52

Hotel Management

OCTOBER 24, 2023

“Since hotels differ from other commercial real estate assets, with many continuing to enjoy strong income growth amidst resurgent tourism markets, transaction volumes are expected to reach $2.5 Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer. billion by end of year.”

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Average Daily Rate Real Estate Occupancy Accommodation 130

eZee Absolute

AUGUST 31, 2023

In a world where travellers are increasingly seeking authentic experiences, food tourism is becoming a major driving force in the hospitality industry. So, as the purpose of travel has evolved beyond reaching places, the impact of food tourism has become a significant factor in shaping how hotels cater to their guests.

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Tourism Travel Hotels Dining 52

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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Average Daily Rate Occupancy Hotels Travel 246

Hotel Management

MAY 1, 2023

Ascott acquired the Oakwood portfolio last year Lyf is an accommodation concept targeting next-generation travellers including non-traditional corporates such as digital nomads, start-ups, entrepreneurs and creatives.

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Retail Accommodation Branding Market Share 246

Hotel Management

MARCH 14, 2024

Crawford said that while the destination has excellent prospects for growth and long-term success, it lacks high-quality accommodation, making it less appealing to affluent travellers. “It It is missing out on the marketing power of international hotel companies,” he said. “In

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Resorts Intent Occupancy Accommodation 264

Boutique Hotel News

MAY 4, 2023

UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.

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Tourism Consumer Average Daily Rate Occupancy 52

STAAH

DECEMBER 18, 2023

Clearly, the tourism and hospitality industry saw some positive growth. 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. These top Hospitality Trends can help you prepare for your hotel marketing strategy.

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Hospitality Occupancy Target Marketing Hotel Sales 89

Hotel Management

MAY 2, 2023

The conference – billed as ‘the hotel event where deals get done’ – attracts some of the largest investors and key decision makers in the global accommodation sector, with delegates attending this year from the United States, Europe, the Middle East, and Asia, as well as across Australia.

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Hospitality Events Real Estate Pipeline 130

eZee Absolute

OCTOBER 16, 2023

The resort offers an array of luxurious accommodations, including spacious rooms with panoramic views and more than 46 private cottages ensconced within lush greenery. Situated in the bustling tourism hub of Goa, the competition was fierce year-round.

Resorts 52

Resorts Tourism Fair Share Operations 52

Cloudbeds

OCTOBER 9, 2024

In addition to revenue, forecasts often include projections for important metrics like average daily rate (ADR), occupancy rates, and the contribution share from different segments such as transient, corporate, and group bookings. These trends can impact room rates, ancillary revenue, and overall occupancy patterns.

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Forecasting Hospitality Occupancy Revenue Management 59

Hotel Management

OCTOBER 9, 2023

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. Oaks Queenstown Shores Resort is in the final stage of remediation, with many of our new Premier rooms currently available to book.

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Events Construction Accommodation Tourism 130

Hotel Management

MARCH 25, 2024

Intellisoftware Pty Ltd, a leading Australian start-up in the Artificial Intelligence (AI) space has today unveiled a new wide-ranging strategic partnership with the Australian Revenue Management Association (ARMA) – a peak industry body active in the hospitality and tourism sectors focused on elevating the standards of revenue and yield management (..)

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Revenue Management Revenue Yield Management Management 130

Hotelogix

OCTOBER 7, 2024

Saudi Arabia's decision to eliminate hotel licensing fees demonstrates its commitment to boosting tourism and reducing operational costs for hospitality providers. With the Saudi Vision 2030 initiative driving economic diversification and tourism development, the hospitality sector is expected to experience a surge in demand.

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Cancellation Tourism Hotels Operations 52

Hotel Management

OCTOBER 3, 2023

While the accommodation market has bounced back faster than expected, the real growth in profitability for the sector after accounting for increased costs, strongly points to the fact that the Average Daily Rates (ADR) growth has not been substantial enough to maintain pace with the escalations in construction pricing.

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Scale Construction Average Daily Rate Hotels 130

SiteMinder

NOVEMBER 30, 2023

Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Artificial intelligence will become an accommodation recommendation tool for 68% of millennials.

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Travel Accommodation Tourism Hotels 52

Hotel Management

MAY 10, 2023

South Australian Minister for Tourism and Multicultural Affairs, Zoe Bettison Following the emotive Welcome to Country ceremony, emcee Jess Adamson introduced South Australian Minister for Tourism and Multicultural Affairs, Zoe Bettison, enthusiastically talked up the impressive growth of her state. You need to fix that.”

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Tourism Hotels Real Estate Construction 130