Hotel Management

NOVEMBER 9, 2023

While big brands remain powerful in the Australian market, Axsia HTL claims they are growing fast and are “too stretched to provide the necessary support” to ensure each hotel is reaching its potential. “Ask They realise they need the brand and distribution strength but also the autonomy to create and execute their own strategy.

Forecasting 264

Forecasting Consumer Management Branding 264

Hotel Management

JANUARY 8, 2024

The Ascott Limited is expanding its co-living brand Lyf to new markets with the announcement of eight new property signings spanning city and resort locations across Europe and Asia Pacific. New locations Lyf is currently present in 21 cities globally, with over 5,500 units both operating and in the pipeline.

Average Daily Rate 264

Average Daily Rate Accommodation Scale Branding 264

Hotel Business

FEBRUARY 6, 2025

. “All segments drove RevPAR outperformance, with strong trends in leisure occupancy, as well as continued growth in business transient and group results, and we expect favorable trends to continue into 2025. compared to the same period in 2023 due to increases in both occupancy and ADR. .” 31, 2023 Diluted EPS was $2.06

Pipeline 59

Pipeline Occupancy Construction Revenue 59

Hotel Business

AUGUST 8, 2023

During Intercontinental Hotels Group ‘s (IHG) first-half results presentation, Elie Maalouf, CEO, IHG Hotels & Resorts , revealed that the company will soon launch a new brand targeted at midscale conversion opportunities. We’re delighted that more than 100 hotels have already expressed definitive interest in the new brand.”

Branding 98

Branding Pipeline Scale Resorts 98

Hotel Management

DECEMBER 20, 2023

Veriu Group CEO, Zed Sanjana, and developer Tim Gurner are celebrating a successful first six months of Veriu Collingwood, with the apartment hotel garnering strong occupancy and room rates since opening. Yes, we have two office conversions in our pipeline, which is exciting. You’ve got an Adelaide project in the works.

Construction 267

Construction Shopping Pipeline Occupancy 267

Hotel Business

FEBRUARY 11, 2025

. “Marriott achieved excellent results in 2024, as we delivered best-in-class experiences that helped drive strong demand for our industry-leading portfolio of brands,” said Anthony Capuano, president/CEO, Marriott. He added, “In the fourth quarter, worldwide RevPAR rose 5%, driven by gains in both ADR and occupancy.

Market 64

Market Marketing Pipeline Branding 64

Hotel Business

OCTOBER 20, 2023

vs 2019; occupancy +4.1%pts rooms (123 hotels) in Q3, +27% vs 2022; global pipeline of 292k rooms (1,978 hotels), +5.1% vs 2019; occupancy +4.1%pts rooms (123 hotels) in Q3, +27% vs 2022; global pipeline of 292k rooms (1,978 hotels), +5.1% Occupancy was 72%, up 0.7% The Americas saw a 4.1% increase, with a 15.9%

Pipeline 110

Pipeline Occupancy Average Daily Rate Branding 110

Hotel Business

OCTOBER 26, 2023

30, reported a record-high development pipeline of 1,930 hotels. Our economy brands gained market share domestically amidst a backdrop of normalizing U.S. leisure demand, and international occupancy continued to recover. economy brands gained market share of 100 basis points in the third quarter. infrastructure bill.

Pipeline 64

Pipeline Market Share Branding Revenue 64

Hotel Business

MAY 3, 2024

Global occupancy moved up to 62% and ADR increased by a further 2% as pricing remained robust, reflecting the complete return of leisure, business and group travel.” YOY; the global pipeline at the end of the quarter was 305,000 rooms (2,079 hotels), up 6.6% Occupancy was 63.1%, down 1.1 YOY, with occupancy up 2.7

Pipeline 109

Pipeline Occupancy Travel Branding 109

Hotel Management

JULY 25, 2023

BWH Hotels is expanding its footprint across the ditch with new development, partnerships and brand growth in New Zealand. Following the success of Maximum Occupancy New Zealand and successful partnerships in the region, BWH Hotels ramps up its focus on emerging growth opportunities in New Zealand.

Real Estate 130

Real Estate Branding Pipeline Occupancy 130

Hotel Business

AUGUST 8, 2024

“We increased our global pipeline to new levels propelled by robust demand for our brands, accelerated the velocity of our global hotel openings, expanded our international reach and significantly grew the size of our rewards program. The company’s WoodSpring Suites brand grew by 10% to 246 hotels since June 30, 2023.

Revenue 105

Revenue Pipeline Occupancy Branding 105

Hotel Business

MAY 23, 2023

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the first quarter, the country’s hotel construction pipeline stands at 1,776 projects/266,901 rooms. The top countries in the Europe construction pipeline by project count are led by the U.K.

Construction 59

Construction Pipeline Forecasting Closing 59

Hotel Business

FEBRUARY 20, 2025

“In 2024, we also successfully relaunched four brands, substantially expanded our partnerships business, significantly increased our international footprint, achieved record organic rewards program growth and unlocked new value through additional ancillary revenue opportunities. Global pipeline as of Dec.

Ancillary Revenue 59

Ancillary Revenue Pipeline Scale Revenue 59

Hotel Management

DECEMBER 19, 2023

We have a combination of perspectives, including the major five-star brands but also representatives for motels and independent hotels. When it comes to room rates and occupancy levels, what’s your outlook for next year? Sydney is starting to get back to pre-pandemic occupancies – in the 80%s range, which is great.

Accommodation 290

Accommodation Tourism Occupancy Closing 290

Hotel Business

MAY 24, 2023

According to the Q1 2023 Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) , the hotel construction pipeline in the region increased to 581 projects/147,356 rooms, up 8% by projects and 6% by rooms year-over-year (YOY). Hilton tops the list with a record 99 projects having 24,736 rooms.

Construction 52

Construction Pipeline Closing Branding 52

Amadeus Hospitality

APRIL 8, 2025

Every hotelier dreams of high occupancy, steady revenue, and a thriving business year-round. Theres a tendency to rely on one-off discounts, flash sales, or online travel agencies (OTAs) to fill rooms quickly without building a sustainable demand pipeline. And if you ask, theyll all agree demand generation is the key to success.

52

52

Hotel Business

FEBRUARY 20, 2024

Other highlights include: Americas FY RevPAR up 7% YoY (Q4 +1.5%), EMEAA +23.7% (Q4 +7%) and Greater China +71.7% (Q4 +72%), reflecting the differing levels of travel restrictions that were still in place in 2022 ADR up 5% vs 2022, +13% vs 2019; occupancy up 6 pts. Iberostar); global pipeline 297K rooms (2,016 hotels), +5.5%

Pipeline 109

Pipeline Resorts Scale Occupancy 109

Hotel Business

JULY 26, 2023

. “System-wide comparable RevPAR continued to expand throughout the quarter, experiencing growth across all of our customer segments and regions, driven by strong preference for our brands,” said Chris Nassetta, president/CEO, Hilton. billion and $2.6 compared to the same period in 2022. billion and $2.6 billion and $2.6

Pipeline 98

Pipeline Revenue Branding Occupancy 98

Hotel Business

FEBRUARY 7, 2024

for the full year Approved 33,800 new rooms for development during the fourth quarter, bringing Hilton’s development pipeline to a record 462,400 rooms as of Dec. compared to the same period in 2022 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 12.2% from the same period in 2019.

Pipeline 115

Pipeline Branding Revenue Occupancy 115

Hotel Business

MAY 2, 2023

First quarter worldwide RevPAR grew 34% year-over-year [YOY], with meaningful gains in both occupancy and ADR,” said Anthony Capuano, president/CEO. Our industry-leading pipeline grew to approximately 502,000 rooms, up 2.6% Roughly 200,000 rooms in the pipeline were under construction as of the end of the first quarter.

Pipeline 105

Pipeline Forecasting Marketing Market 105

Hotel Business

FEBRUARY 22, 2024

. “I would like to thank them for their commitment and their know-how in an industry whose strength lies above all in the women and men on the ground daily who raise the profile of our brands with a passionate and generous sense of hospitality. Nevertheless, occupancy rates still harbor strong upside potential.

Revenue 105

Revenue Occupancy Services Events 105

Hotel Business

FEBRUARY 14, 2023

With the exception of Greater China, RevPAR in all regions more than fully recovered and continued to show meaningful advances in occupancy and ADR. Approximately 199,000 rooms in the pipeline were under construction as of the end of 2022 “In our largest region, the U.S. & worldwide, 23.6% in the U.S. & worldwide, 5.2%

Pipeline 98

Pipeline Forecasting Marketing Market 98

Hotel Business

OCTOBER 24, 2024

We awarded 10% more franchise contracts domestically this quarter, driving 5% growth in our development pipeline. which increased 10% YOY Development pipeline grew 1% sequentially and 5% YOY to a record 248,000 rooms Ancillary revenues increased 8% compared to third-quarter 2023. Key highlights include: 7% growth in the U.S.

Ancillary Revenue 59

Ancillary Revenue Pipeline Revenue Occupancy 59

Hotel Business

OCTOBER 25, 2023

We also continue to leverage our industry-leading portfolio of brands to drive further growth of our global network. With a record number of approvals year-to-date driving the largest pipeline in our history, we are confident in our ability to accelerate net unit growth to 5.5% Highlights include: Diluted EPS was $1.44 billion and $2.6

Pipeline 59

Pipeline Occupancy Revenue Branding 59

Hotel Business

APRIL 24, 2024

As a result of our record pipeline and the growth pace we’ve seen to-date, we expect net unit growth of 6% to 6.5 percent for the full year, excluding the planned acquisition of the Graduate Hotels brand.” On the development side, we continued to see great momentum across signings, starts and openings.

Pipeline 64

Pipeline Branding Construction Occupancy 64

Hotel Business

MAY 1, 2024

“Worldwide RevPAR grew more than 4%, with gains in both occupancy and ADR. Group RevPAR in the region rose nearly 5% YOY, with growth in both rate and occupancy.” Our results in the first quarter highlight the resiliency of our asset-light business model and the strength of our brands. “In the U.S. &

Pipeline 64

Pipeline Construction Occupancy Revenue 64

Hotel Business

JULY 31, 2024

Group RevPAR rose nearly 10% year-over-year, with both rate and occupancy increasing in the mid-single digits. At the end of the quarter, Marriott’s worldwide development pipeline totaled approximately 3,500 properties and more than 559,000 rooms, including roughly 33,000 pipeline rooms approved, but not yet subject to signed contracts.

Pipeline 59

Pipeline Construction Operations Branding 59

Hotel Business

FEBRUARY 15, 2024

“Despite the distraction, uncertainty and misperceptions caused by Choice and their slanted and constant communications to our franchisee base, room openings accelerated and our global development pipeline grew by 10% to an all-time high of 240,000 rooms. Development pipeline grew 1% sequentially and by 10% YOY to a record 240,000 rooms.

Pipeline 72

Pipeline Revenue Marketing Market 72

Hotel Business

FEBRUARY 21, 2023

Worldwide ADR was up 8% vs. 2019, while occupancy was down 7 percentage points vs. 2019. “In ” He continued, “Our strategy over the last five years has significantly strengthened our brand portfolio and seen substantial investment to innovate our technology and distribution platforms. for full-year 2022 vs. 2019.

Pipeline 52

Pipeline Scale Occupancy Resorts 52

Hotel Business

OCTOBER 23, 2024

Approved 27,500 new rooms for development during the quarter, bringing the development pipeline to 492,400 rooms as of Sept. compared to the same period in 2023 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 8.3% Diluted EPS was $1.38 30, representing growth of 8% from Sept.

Pipeline 59

Pipeline Occupancy Revenue Construction 59

Boutique Hotel News

DECEMBER 20, 2022

Co-founder Suzanne Mahoney explains: “Opportunities to experience physical products are shrinking as shopping moves online – but the hospitality industry offers huge potential for brands to tell their stories and reach their consumers… It’s the ultimate ‘try before you buy’ model”.

Travel 124

Travel Hotels Branding Consumer 124

Hotel Business

MAY 9, 2023

and a 34-basis-point increase in occupancy levels. Of the total domestic franchise agreements awarded in first-quarter 2023, 88% were for the company’s upscale, extended-stay, and midscale brands, and 75% were for conversion hotels. RevPAR increased 5.9%

Revenue 64

Revenue Pipeline Occupancy Branding 64

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. In comparison to 2022, occupancy was 65.7

Average Daily Rate 52

Average Daily Rate Occupancy Pipeline Hotels 52

Hotel Business

APRIL 27, 2023

. “Our impressive first quarter results demonstrate continued momentum with global RevPAR growth of 12%, net room growth of 4% and the 11th consecutive quarter of sequential growth in our development pipeline,” said Geoff Ballotti, president/CEO, Wyndham Hotels & Resorts. “We RevPAR grew 4% compared to first-quarter 2022.

Pipeline 52

Pipeline Revenue Construction Branding 52

Hotel Business

NOVEMBER 2, 2023

Both occupancy and rate contributed to global RevPAR gains in the third quarter, and cross-border travel continued to rise.” Approximately 238,000 rooms in the pipeline were under construction as of the end of the third quarter. Even with 5% net rooms growth in the last four quarters, our development pipeline continues to grow.

Pipeline 69

Pipeline Construction Revenue Sales 69

Hotel Business

FEBRUARY 16, 2023

Wyndham Hotels & Resorts reported strong results for the fourth quarter and end of the year for 2022, including a 12% year-over-year pipeline increase. Development pipeline grew 12% year-over-year, including 170 new construction projects added for the company’s ECHO Suites Extended Stay by Wyndham brand since launch in March.

Pipeline 59

Pipeline Revenue Construction Services 59

Hotel Business

JULY 27, 2023

economy brands continue to outperform the industry and our nation’s infrastructure bill spend is expected to represent a meaningful tailwind for our franchisees in the months and years ahead. Development pipeline grew 1% sequentially and 10% year-over-year (YOY). International travel demand continues to accelerate, our U.S.

Pipeline 52

Pipeline Revenue Construction Branding 52