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. CoStar reports occupancy levels of 78.8% The post Record high room rates for Sydney hotels on NYE appeared first on Hotel Management. for December 2024, up 2.1%

Average Daily Rate 264

Average Daily Rate Occupancy Hotels Events 264

Lodging

OCTOBER 19, 2023

Group bookings are calculated using occupancy and average daily rate (ADR). The third quarter of this year shows the top 25 U.S. markets have recovered 99.1 percent for group business compared to the same time in 2019.

Average Daily Rate 299

Average Daily Rate Business Hospitality Occupancy 299

Hotel Management

FEBRUARY 27, 2025

Australias hotel sector is on track for a full recovery by the end of 2025, with all major cities recording occupancy growth, according to new CBRE data. National occupancy rates sit at 71%, up 2% year-on-year, while average daily rate (ADR) remains stable at AU$240 and revenue per available room (RevPAR) is up 3.8%

Average Daily Rate 130

Average Daily Rate Occupancy Pipeline Tourism 130

Hotel Management

JUNE 11, 2024

Fiji Deputy Prime Minister and Minister for Tourism and Civil Aviation, the Honorable Viliame Gavoka, will be among the keynote speakers at this year’s event, with Tourism Fiji CEO Brent Hill leading a presentation on the Fiji Tourism Industry Outlook. Register for the 2024 event now. View the 2024 program here.

Average Daily Rate 260

Average Daily Rate Tourism Events Resorts 260

Hotel Management

JUNE 18, 2024

We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. Since reopening, Fiji’s tourism sector has seen record volumes of visitor arrivals, in particular from our key source markets of Australia, NZ, North America and China.

Tourism 264

Tourism Average Daily Rate Market Marketing 264