Hotel Management

FEBRUARY 27, 2025

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% On the supply front, a total of 1,800 rooms were added to the market with delays and pipeline shifts pushing some planned hotel openings to 2025.

Average Daily Rate 130

Average Daily Rate Occupancy Pipeline Tourism 130

Hotel Management

JUNE 11, 2024

Leading figures in the South Pacific’s hotel and tourism industry will gather on Fiji’s Denarau Island for the inaugural AHICE Fiji Islands Summit , as the nation’s tourism market continues to thrive.

Average Daily Rate 260

Average Daily Rate Tourism Events Resorts 260

Hotel Management

JUNE 29, 2023

Australia’s boutique hotel market is booming amid increased demand for unique and personalised stays. 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

FEBRUARY 20, 2024

Localized in Southeast Asia, RevPAR levels are just below 2019 levels by less than 2%, driven by high average daily rates (ADRs) as the market saw a shift in consumers’ willingness to pay for quality both product and experience. Thailand’s well-established and diversified hospitality market also looks attractive.

Real Estate 245

Real Estate Average Daily Rate Occupancy Marketing 245

Hotel Management

AUGUST 15, 2024

“This event will not only facilitate collaboration and knowledge sharing but also showcase the tremendous potential of the Japanese market to a global audience. “We AHICE Far East Asia will unite leaders from the hotel, aviation, and tourism sectors, fostering collaboration and knowledge exchange in this rapidly expanding market.

Tourism 130

Tourism Hospitality Average Daily Rate Events 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. Australia welcomed 3.4

Average Daily Rate 147

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. Fiji the top performing market for Accor,” he said.

Tourism 113

Tourism Average Daily Rate Resorts Marketing 113

Hotel Speak

APRIL 2, 2025

Why Wellness is a Game-Changer for Hotels Wellness tourism is no longer a niche marketits a thriving industry projected to reach $1.3 trillion by 2025, growing at a rate of 9.9% Marketing: Highlight wellness offerings in promotional materials and on booking platforms to attract wellness-conscious travelers.

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Hotel Management

OCTOBER 17, 2024

Average daily rates (ADRs) in Asia Pacific are up 19% in local currencies versus the last cyclical peak in 2018-2019, according to JLL with most markets still having room to increase occupancy back to pre-pandemic highs “given strong business travel offsetting some pull back in leisure travel”. “JLL

Average Daily Rate 130

Average Daily Rate Occupancy Forecasting Hotels 130

Hotel Management

OCTOBER 24, 2023

Real estate experts at Colliers claim the future is bright for hotel investment in Australia with traditional property investors eyeing the over AU$2 billion in assets on the market – 75% of which were listed in Q3 2023. 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 Hotels 130

Hotel Management

SEPTEMBER 9, 2024

The country’s travel recovery has been remarkable, with inbound tourism experiencing a significant upswing. The market’s potential is undeniable, with a surge in Average Daily Rates (ADR) reflecting its attractiveness to hotel owners and operators.

Events 130

Events Average Daily Rate Tourism Marketing 130

eZee Absolute

FEBRUARY 4, 2025

In fact, concert-goers often flood the local hotel market, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand. This event will be held in Mumbai and is anticipated to further contribute to hotel bookings and overall tourism revenue.

Occupancy 52

Occupancy Events Average Daily Rate Tourism 52

Cloudbeds

JANUARY 17, 2024

With restrictions to third-party data and new AI tools, lodging operators must familiarize themselves with the different hotel market trends and strategies to stand out from the crowd. Here, we look at how the travel landscape is evolving and the latest trends to shape your marketing strategies this year.

Hotel Marketing 98

Hotel Marketing Market Marketing Hotels 98

Hotel News Resource

JULY 31, 2024

In July 2024, the UK hotel market continued its strong performance with RevPAR levels significantly above those of 2019, driven by high occupancy rates and increased Average Daily Rates (ADR).

Average Daily Rate 45

Average Daily Rate Tourism Occupancy Hotel Marketing 45

Hotel Management

AUGUST 8, 2024

First launched in September 2019, Crossroads Maldives is one of the most pivotal projects in the history of the Maldivian tourism industry. Just four months after its initial soft-opening, SO/ Maldives reached an occupancy of almost 60% in February, and expected average daily rates (ADR) in the region of US$750-$850 for 2024.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

Hotel News Resource

APRIL 17, 2023

Madrid, on the other hand, has been running 20-30% ahead of pre-pandemic levels in terms of average daily rate (ADR) and has been consistent in holding rates regardless of market events. Barcelona's occupancy recovery has generally outpaced Madrid's, but not by much.

Average Daily Rate 52

Average Daily Rate Occupancy Tourism Events 52

Hotelier Magazine

AUGUST 16, 2023

STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. While that RevPAR growth remains above the long-term historical average, most of the increase was frontloaded to the early portion of the year. Average Daily Rate (ADR) was upgraded 0.1 PARSIPPANY, N.J. —

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

Hotel Business

FEBRUARY 22, 2023

Domestic booking channels captured a lower proportion of bookings overall, however, there was a clear balance between traditional and niche booking channels across markets. The ranking of hotel websites as a revenue generator remained on par with 2019’s lists in 72% of markets, and ahead in 28%.

Travel 102

Travel Average Length of Stay Average Daily Rate Cancellation 102

Hotel Speak

FEBRUARY 11, 2025

With travel and tourism in Asia Pacific (APAC) projected to grow at a compound annual growth rate (CAGR) of 4.10% from 2025 to 2029 – reaching an estimated market volume of US$358.70 billion by 2029 – the region presents a remarkable opportunity for hoteliers.

Hospitality 66

Hospitality Average Daily Rate Revenue Services 66

Hotel Management

OCTOBER 3, 2023

Market challenges Upward pressure on construction costs There’s no doubting the last few years have been challenging ones for the property sector, which has experienced significant increases in the price of commercial construction since the pandemic.

Scale 130

Scale Construction Average Daily Rate Hotels 130

Hotelier Magazine

FEBRUARY 27, 2025

Canadas hotel industry reported positive performance year-over-year, driven by growth in room rates, according to January data from CoStar. per cent) Average Daily Rate (ADR): $180.04 (up 2.7 Among the major markets, Vancouver saw the highest occupancy (60.7 January 2025 (percentage change from 2024) Occupancy: 49.8

Average Daily Rate 59

Average Daily Rate Occupancy Forecasting Construction 59

Hotelier Magazine

NOVEMBER 26, 2024

WASHINGTON — Canadian hotels witnessed a significant landmark in October 2024, as the Average Daily Rate (ADR) surpassed $200 for the first time ever, according to data from CoStar. October’s occupancy rate was 68.5 Toronto topped the major markets with an occupancy rate of 79.6 per cent, marking a 0.8-per-cent

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Tourism 52

Little Hotelier

OCTOBER 17, 2024

Sales and revenue-related tax documents: VAT/GST/sales tax returns , documents on hotel/room occupancy taxes , tourism levies, merchant transaction reports for card payments. Other deductible expenses: Utility bills, marketing and advertising receipts, maintenance and repair costs, insurance policy documents.

Average Daily Rate 93

Average Daily Rate Revenue Hotels Sales 93

Hotelier Magazine

AUGUST 29, 2023

Canada’s hotel industry reported its highest Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) for any month on record, according to CoStar’s July 2023 data. Among the major markets, Vancouver saw the highest occupancy (87 per cent), which was 2.4 HENDERSONVILLE, Tenn. per cent to 75.6 per cent to $232.13.

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Hotels 52

Amadeus Hospitality

DECEMBER 5, 2023

The picturesque winter resort town of Bariloche, Argentina is basing its strategic plans on air data provided by Amadeus Market Intelligence. “We We now have clarity of market conditions and how we can grow our position in the travel ecosystem,” says Martina Gelardi, Strategic and Sustainable Tourism Planning, EMPROTUR Bariloche.

Tourism 52

Tourism Business Average Daily Rate Travel 52

SiteMinder

MAY 8, 2024

Bangkok, Thailand – It was a lucrative Songkran festival for Thai hotels as the average cost of a hotel room surged by 33% during the festival period in April. Between April 11-18, the average daily rate in Thailand increased to THB 5,421 (US$148), from THB 4,087 (US$120) in the corresponding period last year.

Average Daily Rate 52

Average Daily Rate Revenue Hotels Forecasting 52

Hotelier Magazine

JUNE 29, 2023

per cent); Average Daily Rate (ADR) came in at $197.10 (up 15 per cent) and Revenue Per Available Room (RevPAR) came in at $136.32 (up 25.7 Among the major markets, Vancouver reported the highest occupancy (83 per cent), which was 8.5 At the market level, the lowest occupancy was reported in Edmonton (60.9

Average Daily Rate 59

Average Daily Rate Occupancy Forecasting Hotels 59

Cloudbeds

MARCH 23, 2023

It’s often said that the internet is the great equalizer, but the reality is that online travel is dominated by players with huge marketing budgets, like OTAs and big hotel brands. 11 hotel eCommerce strategies How can lodging businesses take advantage of the growing online travel market and attract more bookings?

OTA 98

OTA Digital Marketing Marketing Market 98

Hotelier Magazine

FEBRUARY 7, 2025

According to the latest forecast by CoStar Group and Tourism Economics, U.S. per-cent growth in the Average Daily Rate, with an occupancy level of 63.1 hotels is expected to face headwinds in 2025, largely influenced by the stock market and corporate profits. HENDERSONVILLE, Tenn. per cent in 2025.

Forecasting 52

Forecasting Average Daily Rate Hotels Tourism 52

SiteMinder

JUNE 6, 2024

The report analyses hotel reservations made for stays between June and August this year, in 10 of the largest tourism markets within the Northern Hemisphere, including Austria, Canada, France, Germany, Italy, Mexico, Portugal, Spain, the UK and US. The average daily rate (ADR) has increased in 9-out-of-10 countries.

Average Daily Rate 59

Average Daily Rate Revenue Accommodation Hotels 59

Skift Blog

APRIL 3, 2024

Skift Take: International expansion is a crucial part of IndiGo's 2030 vision. It is placing strong emphasis on codeshare agreements to achieve this goal. Bulbul Dhawan Read the Complete Story On Skift

Average Daily Rate 147

Average Daily Rate Branding Tourism Travel 147

SiteMinder

FEBRUARY 13, 2023

Domestic booking channels captured a lower proportion of bookings overall, however there was a clear balance between traditional and niche booking channels across markets. The ranking of hotel websites as a revenue generator remained on par with 2019’s lists in 72% of markets, and ahead in 28%.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

Hotelier Magazine

JULY 9, 2024

By Nicole Di Tomasso According to Avison Young’s Canada Hotel Market Report, Canada’s hotel industry demonstrated a strong recovery in 2023, surpassing pre-pandemic levels in key performance indicators (KPIs) such as Average Daily Rate (ADR), Revenue Per Available Room (RevPAR) and occupancy. billion, up from $3.09

Average Daily Rate 52

Average Daily Rate Occupancy Pipeline Hotels 52

SiteMinder

MARCH 13, 2025

A feasibility study looks at factors such as the market, location, cost, and potential revenue of the proposed hotel and is typically undertaken by a third-party company or consultant. It will give you key details such as risks, development costs, potential revenue, preferred target markets, competitor analysis and more.

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Inn Quest

MARCH 23, 2023

million Chinese tourists entered Australia each year before the pandemic (Statista). In this article, we’ll take a look at some key statistics about the market in general, and the situation regarding our recovery from the pandemic. According to Tourism Australia, there were 2.2 billion and is expected to grow by 13.3%

Forecasting 52

Forecasting Tourism Hotels Average Daily Rate 52

Cloudbeds

OCTOBER 9, 2024

For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market. These predictions incorporate various factors, including historical data, market segmentation, current market trends, and macroeconomic dynamics.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

SiteMinder

DECEMBER 4, 2023

Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Here are some other key stats on the US hotel industry: The hotel market in the US is worth more than $106 billion. By 2027, more than 160 million ‘users’ will be a part of the hotel market.

Occupancy 59

Occupancy Hotels Revenue Cancellation 59