Remove Branding Remove Construction Remove Occupancy
article thumbnail

Exclusive: Ascott eyes Sydney suburb for next co-living property

Hotel Management

The Ascott Limited’s co-living brand lyf is eyeing its third location in Australia, with a new property in Sydney expected to be announced soon. Earlier this week, Ascott Australia Managing Director, David Mansfield, welcomed over 100 guests to discover the brand at an event at lyf Collingwood Melbourne.

article thumbnail

Exclusive: strong start for WA’s first Courtyard by Marriott hotel as healthcare precinct drives occupancies

Hotel Management

In the hotel’s first week, even without a heavy marketing campaign, occupancy was circa 60% with one night over the weekend hitting 80% occupancy due to compression on the CBD, thanks to the hotel’s close proximity, Hunt shared. Elsewhere in the Australia Pacific region, Marriott is experiencing strong growth. “I

Occupancy 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Report: Boutique hotel occupancy outpaces all U.S. hotels

Hotel Business

Boutique hotels continue to report solid occupancies and healthy ADRs, and collectively achieved increases in all performance indicators through June, according to the Boutique Hotels: Mid-Year 2023 report from The Highland Group. The strongest RevPAR increases were in the LS upscale-upper midscale and soft brand (SB) upper-upscale class.

article thumbnail

LE: U.S. construction pipeline rises in all project stages

Hotel Business

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. construction pipeline at Q1.

article thumbnail

Speakers revealed for inaugural AHICE Fiji Islands summit

Hotel Management

The 2024 Summit is the start of some exciting things to come for our AHICE brand in Fiji and we are already looking at venues to host the conference over the coming five years,” said Wilkinson. Register for the 2024 event now. The post Speakers revealed for inaugural AHICE Fiji Islands summit appeared first on Hotel Management.

article thumbnail

Exclusive: Ascott to open Sydney lyf, Oakwood Epping

Hotel Management

The Ascott Limited is set to open two new properties in Sydney’s CBD and Melbourne’s outer north suburb of Epping under the lyf and Oakwood brands respectively. Serviced apartment brand Oakwood will launch its third Australian property in Epping with a 94-key mixed-use development at the corner of Fullarton Drive and Cooper St.

Retail 246
article thumbnail

8 practical tips to increase your hotel’s occupancy rates

STAAH

With a little creativity and lots of data and insights, low occupancy periods can be more efficiently managed Low occupancy is largely driven by seasonality with off-peak times being marked by fewer bookings and even lower forward bookings. To conclude Optimising revenue during low occupancy doesn’t have to be difficult.