Hotel Management

JANUARY 14, 2025

Sydney hotels pulled in record high average daily rate and revenue per available room on the night, according to December preliminary data from CoStar. New Years Eve gave Sydney hotels plenty of cause for celebration on December 31. CoStar reports occupancy levels of 78.8% for December 2024, up 2.1%

Average Daily Rate 264

Average Daily Rate Occupancy Hotels Events 264

Lodging

SEPTEMBER 10, 2024

Energy accounts for 6 percent of all operating costs; on average, U.S. For full-service hotels, reducing energy consumption by 10 percent is comparable to raising average daily rate by $1.35. hotels spend $2,196 annually per available room on this line item, according to a report from the EPA’s ENERGY STAR program.

Average Daily Rate 289

Average Daily Rate Services Operations Hotels 289

Skift Blog

AUGUST 21, 2024

Skift Take: India's hotel industry has gaps and enough potential to warrant significant growth over the next few years. But whether the players will be able to capitalize is a different question altogether. Bulbul Dhawan Read the Complete Story On Skift

Average Daily Rate 297

Average Daily Rate Hotels Occupancy Hospitality Management 297