article thumbnail

Record high room rates for Sydney hotels on NYE

Hotel Management

CoStar reports occupancy levels of 78.8% Following the markets seasonal pattern, New Years Eve pushed Sydneys daily ADR (AUD854.38) and RevPAR (AUD807.62) to record highs, while occupancy was 94.5% the highest level in the metric in December, CoStar said. for December 2024, up 2.1% and AUD482.35, respectively.

article thumbnail

Hotels enjoy strong occupancy levels in Vivid Sydney’s 14th year

Hotel Management

Throughout the event, which ran from May 24 through to June 15, occupancy rates stayed strong despite unfavourable weather conditions, with hotels reporting 75% occupancy on weeknights and up to 90% on weekends. The post Hotels enjoy strong occupancy levels in Vivid Sydney’s 14th year appeared first on Hotel Management.

Occupancy 278
Insiders

Sign Up for our Newsletter

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

article thumbnail

Iwan Sunito launches One Global Resorts with rebrand of Green Square property

Hotel Management

Thanks to its prime location, the hotel maintains 85-95% occupancy throughout the year. “We We have seen record occupancies over the past two weeks with the hotel closing the second part of October at 97.8%,” said One Global Resorts Green Square General Manager, Quercy Jouannes. “We

Resorts 264
article thumbnail

Exclusive: Hilton leans into location with The Tapestry Collection

Hotel Management

Despite cost-of-living pressures, occupancy levels remain high and in demand both from a leisure and business perspective. The post Exclusive: Hilton leans into location with The Tapestry Collection appeared first on Hotel Management.

Occupancy 243
article thumbnail

Riding the Live Event Boom: How Hotels Can Maximise Bookings and Build Lasting Loyalty

Hotel Management

This presents both an opportunity and a challenge – higher occupancy rates and premium pricing mean hotels must deliver an experience that justifies the cost to ensure repeat visits after the event ends. But price surges alone wont guarantee long-term success for hotels.

182
182
article thumbnail

3 Ways Key Control Keeps Hotel Housekeeping Departments Running Efficiently

Lodging

Hotel housekeeping managers need to deliver exceptional turnkey service for guests who expect fresh and thoroughly cleaned rooms when they arrive to take well-deserved rests after long journeys.

Occupancy 290
article thumbnail

NSW budget: boost for tourism, events and nightlife

Hotel Management

The New South Wales government has vowed to increase support for tourism, nightlife and major events in the state budget, announced on Tuesday, marking a positive outcome for the hotel sector, according to Accommodation Australia NSW General Manager, Stacey McBride. Destination NSW will receive AU$324.5 The budget also includes AU$1.66

Events 289