Hospitality Net

OCTOBER 10, 2024

In this episode, we look at where there is potential to drive more revenue in hospitality and accommodation businesses when the ADR has been maximised, other than occupancy - how can hotels increase spend per guest?

Revenue 188

Revenue Hospitality Occupancy Market 188

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.

Occupancy 130

Occupancy Events General Manager Hotels 130

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.

Tourism 147

Tourism Travel Occupancy Accommodation 147

Hotel News Resource

JULY 5, 2023

The European hotel and accommodation sector is preparing for a historic year. Economic sentiment among European hoteliers is in many places exuberant, reflecting two consecutive 6-month periods of strong growth in occupancy and average daily prices as well as a positive outlook for the future.

Accommodation 94

Accommodation Occupancy Travel Revenue 94

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. Some of the findings: Direct bookings are on the rise.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

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.

Occupancy 290

Occupancy Tourism Events Accommodation 290

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.

Occupancy 130

Occupancy Hotels Dining General Manager 130

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

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. Focus on local SEO to attract nearby travelers.

Digital Marketing 52

Digital Marketing Accommodation Market Marketing 52

Little Hotelier

MARCH 23, 2023

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%.

Occupancy 52

Occupancy Average Daily Rate Revenue Management Revenue 52

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.

Tourism 287

Tourism Cancellation Accommodation Occupancy 287

Hotelogix

NOVEMBER 19, 2023

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. 

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

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”.

Tourism 182

Tourism Accommodation General Manager Occupancy 182

Hotel Management

JULY 4, 2023

In 2022, total tourism spend in Australia surpassed the 2019 level, driven by the strong recovery in domestic travel which accounted for 91% of total spend in Australia in 2022, up from 77% in 2019. When it came to Australians travelling overseas, there were 5.2 Australia welcomed 3.4 International visitor spend for the year was AU$12.7

Average Daily Rate 147

Average Daily Rate Revenue Accommodation Occupancy 147

Hotel Business

NOVEMBER 9, 2023

Unifocus has been awarded the title of the “World’s Best Workforce Management Solutions Provider” for 2023 by the World Travel Tech Awards. We’re honored to receive the title of industry leader in workforce management technology from the World Travel Tech Awards. The company is also celebrating its 25th anniversary.

Travel 105

Travel Occupancy Consumer Accommodation 105

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.”

General Manager 147

General Manager Accommodation Events Occupancy 147

Demand Calendar

APRIL 25, 2023

It considers various reasons for traveling to the destination, such as for business (conferences, exhibitions, business meetings) or leisure (culture, festivals, concerts, sports). This type of forecasting is essential for understanding the total demand for accommodation in a destination.

Forecasting 72

Forecasting Occupancy Accommodation Revenue 72

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

Hotelogix

SEPTEMBER 19, 2024

Understanding the difference between online booking and travel agency services is crucial for hotel owners and managers looking to optimize their revenue streams. As the hospitality landscape evolves, knowing how to navigate these channels can significantly impact your occupancy rates and overall profitability.

Travel 52

Travel OTA Target Marketing Occupancy 52

Little Hotelier

OCTOBER 17, 2023

Nutana Hotel Lombok, in Mataram, is one of the best accommodation options for those on business trips to Indonesia. This worry emerged because before using Little Hotelier, he had to submit all credentials for the online travel agent (OTA) to staff from a third party. Apart from that, Dego also had security concerns.

Occupancy 52

Occupancy Management Hotels OTA 52

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.

Occupancy 245

Occupancy Tourism Events Accommodation 245

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

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.

Events 261

Events Accommodation Tourism Occupancy 261

Amadeus Hospitality

DECEMBER 7, 2023

Originally published on Amadeus Insights Unique forward-looking market insights show the top global destinations for holiday travel, with Mexico and APAC leading the way December 7, 2023 – As we head towards the festive season, hoteliers are preparing for demand as people look to travel over Christmas and New Year’s Eve.

Travel 64

Travel Occupancy Business Market 64

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

Hotel Management

JANUARY 8, 2024

Lyf – based on the concept of ‘live your freedom’ – targets next-generation travellers including digital nomads, tech start-ups and creatives. Lyf Bugis Singapore “Lyf was first created for the next-generation traveller and has gained strong traction since its debut with Lyf Funan Singapore in 2019.

Average Daily Rate 264

Average Daily Rate Scale Accommodation Branding 264

Hotel Management

OCTOBER 24, 2023

“Hotels are emerging as a preferred property investment sector, as new market entrants are drawn to conditions of easing supply, high room rates and the return of international travel,” said Colliers Head of Hotel Transactions, Karen Wales. billion by end of year.”

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Accommodation 130

Little Hotelier

SEPTEMBER 4, 2024

What is domestic travel? Domestic travel is characterised by a trip where departure and arrival take place in the same country. This can include any category of travel, such as leisure or business, or even medical. Travellers will often take multiple domestic trips each year. What is local or regional travel?

Tourism 98

Tourism Travel Business Market 98

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. Not only does it boost efficiency, Little Hotelier has also contributed to a rise in Attara Inn’s occupancy.

Occupancy 40

Occupancy OTA Operations Management 40

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. And today’s travelers have higher expectations than ever for more sustainable, personalized and flexible journeys. markets has already recovered by 99.1% markets has already recovered by 99.1% It’s been a very good year.

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

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.

Tourism 264

Tourism Average Daily Rate Market Marketing 264

Hotel Management

OCTOBER 31, 2024

We continue to see success across our network, particularly with the Quest brand, which has remained resilient in the corporate travel market. Our properties are performing well, with solid occupancy and rate performance. This success is a testament to the hard work of our Quest franchisees and the strength of our business model.

Pipeline 130

Pipeline Occupancy Consumer Market 130

SiteMinder

NOVEMBER 30, 2023

What are travel statistics? 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. Some highlights include: Air travel passengers are expected to reach 9.4

Travel 52

Travel Accommodation Tourism Hotels 52

Hotel Management

JULY 18, 2023

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. The opening match in Sydney, between Australia and Ireland, is expected to draw more than 80,000 spectators to Accor Stadium.

Occupancy 130

Occupancy Accommodation Tourism Hotels 130

Hotel Speak

JANUARY 25, 2024

The data is another proof point that occupancy levels have more than stabilized, making for a meaningful rise in RevPAR for our customers,” said Matt Welle, Mews CEO. market in particular, key findings include: Travel has recovered and tops pre-pandemic levels. For the U.S. Online check-ins and upgrades continue to increase.

Average Daily Rate 80

Average Daily Rate Revenue Travel Upsell 80

Hotel Speak

MAY 19, 2023

76% of business travelers plan to extend a work trip for leisure in 2023, and 28% of travelers plan to take a flexcation, according to Expedia’s Value Index 2023. The numbers don’t lie: “bleisure” travel is more than a trend; it’s a new traveler’s behavior. What is “bleisure” travel?

Business 59

Business Travel Occupancy Services 59

Hotel Management

NOVEMBER 9, 2023

“STR’s 2024 outlook data suggests all of Australia’s capital cities are experiencing strong ADRs through the end of 2023 and that this is set to continue into the coming year, with occupancies following,” said Simpson. Lifestyle brands will be most popular with these demographics, Axsia HTL says.

Forecasting 264

Forecasting Consumer Branding Management 264