Lodging

NOVEMBER 19, 2024

NASHVILLE—STR and Tourism Economics ​downgraded the growth rate in the final U.S. For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were each downgraded, -0.5 hotel forecast revision of 2024. percentage points to +1.5 percent and down 0.6 ppts to +1.4

Forecasting 262

Forecasting Average Daily Rate Occupancy Tourism 262

Skift Blog

JULY 2, 2024

But in May, there was a significant decline in average daily rates and revenue per available room compared to April. Skift Take: We're always talking about growth in India, and the hotel industry has had a significant number of branded signings and openings this year. Bulbul Dhawan Read the Complete Story On Skift

Average Daily Rate 280

Average Daily Rate Revenue Hotels Branding 280

Hotel Management

MAY 8, 2024

Peak industry body Accommodation Australia (AA) has raised concerns over cuts to Victoria’s tourism marketing budget, saying the move will impact visitation to the state and ‘sends the wrong message’ to hotel investors. AA said that Visit Victoria typically receives AU$32.5

Tourism 264

Tourism Average Daily Rate Accommodation General Manager 264

Hotel Management

FEBRUARY 27, 2025

Following a surge in international arrivals and steady domestic demand last year, CBREs latest Hotels Australia Overview and Outlook report shows that the pace of growth will continue at a moderate rate in 2025. Australias international arrivals are now at 13% below pre-pandemic levels with strong demand from China, India and Southeast Asia.

Average Daily Rate 130

Average Daily Rate Occupancy Pipeline Tourism 130