Average Daily Rate Scale Tourism 
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. Budget reductions on this scale, with just $15.5m AA said that Visit Victoria typically receives AU$32.5
Hotel Management
JUNE 18, 2024
Ahead of the inaugural AHICE Fiji Islands Investment in Tourism Summit on July 3-4 , Tourism Fiji CEO, Brent Hill, spoke exclusively to HM about the strong demand for holidays in the South Pacific. Brent Hill, Tourism Fiji Tourism in Fiji is booming! Register now for AHICE Fiji Islands Investment in Tourism Summit.
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Hotel Management
OCTOBER 3, 2023
While the accommodation market has bounced back faster than expected, the real growth in profitability for the sector after accounting for increased costs, strongly points to the fact that the Average Daily Rates (ADR) growth has not been substantial enough to maintain pace with the escalations in construction pricing.
Hotel Management
AUGUST 15, 2024
.” The full, two-day 2025 event is expected to draw over 600 global delegates and will be held in August 2025, marking Japan’s first full-scale international hotel industry operations and investment conference. “In Japanese Yen, ADR for the 12 months to June compared with 2019 is up 32%. The equivalent for USD is down 2%.
Hotel Management
APRIL 22, 2024
Adelaide hotels are reaping the benefit of a number of large-scale events across the city in 2024, according to recent data from CoStar. The AFL Gather Round returned to Adelaide for a second year, from April 4-7, and while year over year occupancy dripped slightly by 1.2%, average daily rate (ADR) jumped 15% to AU$372.77.
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. Tourism in Fiji is booming,” he said.
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.
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