Hotel Management

FEBRUARY 27, 2025

Australias hotel sector is on track for a full recovery by the end of 2025, with all major cities recording occupancy growth, according to new CBRE data. National occupancy rates sit at 71%, up 2% year-on-year, while average daily rate (ADR) remains stable at AU$240 and revenue per available room (RevPAR) is up 3.8%

Average Daily Rate 130

Average Daily Rate Occupancy Pipeline Tourism 130

Hotel Management

JUNE 11, 2024

Crowne Plaza Fiji Nadi Bay will host an AHICE networking event and site tour Wilkinson pointed to Fiji’s tourism boom and growth in average daily rates and occupancy levels at hotels across the country, which have been on the rise since the end of 2021 as Australians, Kiwis and Americans head to the island nation in record numbers.

Average Daily Rate 260

Average Daily Rate Tourism Events Resorts 260

Hotel Management

JUNE 18, 2024

What we have found over the time is that our business has been pretty stable through good and bad times – our occupancies don’t really fluctuate, our sales velocity has been quite consistent,” Robinson said. “It’s What’s affecting our growth is the cost of construction and the price of flying interstate.

Business 264

Business Real Estate Sales Travel 264

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. But in terms of the cost of construction, it doesn’t help to solve that at all. More and more so.

Construction 267

Construction Shopping Pipeline Occupancy 267

Skift Blog

JUNE 5, 2024

AirDNA showed how coastal, lake, mountain, small-town, and rural vacation rental markets are faring well compared to 2019.

Market 264

Market Marketing Occupancy Construction 264