Average Daily Rate Occupancy Operations 
Hotel Management
JUNE 6, 2023
While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year. The occupancy projection for this year was lowered 0.2% from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5%
Hotel Management
JUNE 15, 2023
Sustainability is increasingly a major concern for developers and operators due to rising utility costs of hotels, and the global investment market’s focus on ESG for all real estate asset classes. In addition, the new wave of supply is anticipated to play a role in driving rate performance over the next two years.
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Hotel Management
JUNE 11, 2024
Brent Hill, Tourism Fiji Leading figures from major hotel operators will take to the stage including Accor Chief Operating Officer PME – Pacific, Adrian Williams, and Outrigger Hospitality Group, President and CEO, Jeff Wagoner, alongside key owners such as Crowne Plaza Fiji Nadi Bay Resort and Spa Owner, Jay Singh.
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.
Hotel Management
JANUARY 8, 2024
Lyf Schönbrunn Vienna “Ascott operates with a flex-hybrid model that gives opportunistic agility across our serviced residences, co-living properties and hotels,” Goh said. New locations Lyf is currently present in 21 cities globally, with over 5,500 units both operating and in the pipeline.
Hotel Management
FEBRUARY 20, 2024
In short, they largely do, which could spell another strong year for Southeast Asia’s hotel industry from both an occupancy and investment point of view. Inbound capital is originating in the Asia region but is also coming from Middle Eastern and European owner-operators and HWNI/corporate buyers looking at strategic investment opportunities.
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
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