Skift Blog

JUNE 5, 2024

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

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Hotel Management

AUGUST 29, 2024

Japan’s top hoteliers and tourism professionals are preparing to meet next week for the inaugural AHICE Far East Asia on Wednesday, September 5. The half-day event at The Tokyo EDITION hotel in Toranomon will unite leaders from the hotel, aviation, and tourism sectors to discuss challenges and opportunities in this rapidly evolving market.

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Hotel Management

JUNE 11, 2024

Leading figures in the South Pacific’s hotel and tourism industry will gather on Fiji’s Denarau Island for the inaugural AHICE Fiji Islands Summit , as the nation’s tourism market continues to thrive.

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Lodging

NOVEMBER 20, 2023

HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. Occupancy was downgraded slightly (by 0.2 hotel forecast revision of 2023. For 2023, growth in RevPAR was raised by 0.3 percentage points, due to a 0.6

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Forecasting Average Daily Rate Occupancy Tourism 290

Hotel Management

MAY 16, 2023

The Asia Pacific (APAC) region is experiencing growing travel demand across all markets, according to the latest data from Amadeus. In the first quarter of 2023 – helped by the reopening of Greater China – APAC hotel occupancy hit 61.7%, surpassing 2019 levels by 3%. in January 2023 to 76.5% in March 2023. in January 2023 to 76.5%

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Occupancy Travel Marketing Market 130

Hospitality Net

JUNE 26, 2024

There may be no crying in baseball, but hoteliers who are not building relationships with travel sports teams may find themselves shedding a few tears once they realize how much money is being left on the table by not catering to the lucrative sports tourism segment.

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Tourism Travel Occupancy Accommodation 147

Lodging

NOVEMBER 19, 2024

NASHVILLE—STR and Tourism Economics ​downgraded the growth rate in the final U.S. Occupancy for the year was lowered 0.1 hotel forecast revision of 2024. For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were each downgraded, -0.5 percentage points to +1.5 percent and down 0.6 ppts to +1.4

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Forecasting Average Daily Rate Occupancy Tourism 262

Hotel Management

FEBRUARY 20, 2024

In short, they largely do, which could spell another strong year for Southeast Asia’s hotel industry from both an occupancy and investment point of view. Thailand’s well-established and diversified hospitality market also looks attractive. Investment volume is expected at THB9-10 billion, close to the 10-year average volume of THB11.7

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Real Estate Average Daily Rate Occupancy Marketing 245

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

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Occupancy Ancillary Revenue Upsell Revenue 115

Hospitality Net

SEPTEMBER 1, 2023

The COVID-19 pandemic initially posed a major threat to the leisure-heavy Gulf Coast tourism industry, as the market only benefited from one month of Spring Break travel before the stay-at-home orders were issued. As a result, occupancy and ADR for July and August nearly reached pre-pandemic levels.

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Occupancy Tourism Resorts Marketing 186

Hotel Management

DECEMBER 19, 2023

Nearly six months on from the formation of Accommodation Australia – an amalgamation of the Accommodation Association and Tourism Accommodation Australia – CEO Michael Johnson spoke to HM’s Ruth Hogan about what has been achieved this year and what’s top of the agenda for 2024. How did you go about tackling the Victoria tourism levy issue?

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Accommodation Tourism Occupancy Closing 290

Hotel Management

OCTOBER 1, 2024

An improvement in economic conditions is on the horizon with leisure and business tourism set to benefit, according to CBRE Director – Hotels and Leisure, Peter Hamilton. Following an initially strong recovery in demand following international border openings in mid-2022, demand growth slowed in most New Zealand hotel markets from early 2024.

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Hotel Management

JUNE 29, 2023

Australia’s boutique hotel market is booming amid increased demand for unique and personalised stays. CBRE’s market analysis found that boutique properties have outperformed ‘big box’ international hotels on occupancy levels, Average Daily Rate (ADR) and Revenue Per Available Room (RevPar) since the onset of the pandemic in 2020.

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Average Daily Rate Occupancy Hotels Travel 246

Hotel Management

MAY 23, 2023

Despite the slow return of international travellers to Queensland, occupancy levels at Accor’s 96 hotels across the state are surging beyond 2019 occupancy levels thanks to strong domestic travel and the lure of major concerts and events. We’ve also got big markets we can tap into like India.”

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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. Fiji the top performing market for Accor,” he said.

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Tourism Average Daily Rate Resorts Marketing 113

Hotel Management

AUGUST 15, 2024

“This event will not only facilitate collaboration and knowledge sharing but also showcase the tremendous potential of the Japanese market to a global audience. “We AHICE Far East Asia will unite leaders from the hotel, aviation, and tourism sectors, fostering collaboration and knowledge exchange in this rapidly expanding market.

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Hospitality Net

NOVEMBER 16, 2024

According to the latest World Tourism Barometer by UN Tourism, international tourist arrivals were at 96% of pre-C19 levels in the first seven months of 2024, with strongest growth in MEA (both ahead of 2019 results). All markets reviewed in this Monitor witnessed ADR growth and only two dropped in occupancy (Maldives, -5.3%

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Tourism Occupancy Marketing Market 242

STAAH

AUGUST 22, 2023

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.

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Hotel Management

MARCH 14, 2024

We have great confidence in the outlook for Hervey Bay and Sunny Beach Land’s project presents the opportunity we have been waiting for to enter the market,” said Marriott International Vice President Hotel Development Australia, New Zealand and Pacific, Richard Crawford.

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Resorts Intent Occupancy Accommodation 264

Hotel Management

MAY 1, 2023

Every decision is grounded in meeting current market trends and future needs of our modern-day travellers.” The Collingwood property has seen occupancy double to 72% and RevPAR grow by $50 in Q1 FY23, when compared to the opening three months May-July FY22.

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Retail Accommodation Branding Market Share 246

Hotel Management

FEBRUARY 15, 2024

Lunar New Year has failed to lure high numbers of visitors from China to Australia with the Australian Tourism Export Council (ATEC) reporting a slower than expected recovery.

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Hotel Management

APRIL 6, 2023

Leisure travel is back, but while most markets are shaking off the shackles of the pandemic, China has only just opened its borders. As such, we are still largely focused on serving the domestic markets within the countries that we operate. We are in interesting times.

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Travel Operations Resorts Occupancy 246

Hotel Management

JULY 4, 2023

The long-term outlook for Australia’s visitor economy remains bright, despite the impact of interest rate rises and lower household savings rates in the near term, but a full recovery may take until 2025, according to Tourism Research Australia’s 2022 State of the Industry report. Australia welcomed 3.4 billion, which was down by 59% on 2019.

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Average Daily Rate Revenue Accommodation Occupancy 147

eHotelier

MAY 6, 2024

Surging inbound tourism will help boost Australia’s hotel occupancy levels this year and next while spurring room rate growth in most markets, particularly Sydney and Brisbane, according to new CBRE forecasts.

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Occupancy Tourism Forecasting Market 52

Hotel Management

AUGUST 29, 2023

Accor has reported strong recovery in its Western Australian hotels with occupancies of 68% year-to-date (YTD), marking a 7.5% Speaking to media in Perth last week, Accor Pacific CEO, Sarah Derry, said Perth was Accor’s second-best performing city in Australia (just behind Sydney), with 71% average occupancy YTD, 11.6%

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Occupancy Tourism Events Scale 130

Hotel Management

SEPTEMBER 5, 2024

Accor Pacific is anticipating continued growth in travel and development activity in the Queensland market following a positive result for its network in the first half of the year. occupancy points to 70.7% Leisure markets are slightly ahead of last year (+0.4 Leisure markets are slightly ahead of last year (+0.4

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Hotel Management

OCTOBER 19, 2023

Asia Pacific’s hotel market is capturing the attention of institutional investors with competition heating up for prime hotel assets in tier one markets including Australia, Japan and Singapore, according to a new report from CBRE.

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Hotel Management

MARCH 14, 2024

Hotel occupancy, which is at a market average of 70%, is up 15% year-on-year, but remains down (-9%) on pre-pandemic levels. Rotorua’s hotel occupancy rate showed the most improvement, up 39% compared to 2022, slightly ahead of Queenstown, which was up 38%, and higher again than Auckland, which has had a 33% lift.

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Hotel Management

SEPTEMBER 26, 2024

Over two days, hoteliers, real estate experts and took to the stage to share business updates and insights into the local market. STR Regional Director, Matthew Burke, set the scene with a detailed presentation on the New Zealand market. Minister’s address New Zealand Minister for Tourism and Hospitality, the Hon.

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Tourism Hotels Occupancy Events 147

Hotel Management

MARCH 25, 2024

The boutique PR consultancy will specialise in the travel, tourism and hospitality industry, bringing over 20 years of top-level experience to her clients. The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. Following a successful 2.5

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Tourism Occupancy Resorts Branding 130

Hotel Management

MARCH 25, 2024

The boutique PR consultancy will specialise in the travel, tourism and hospitality industry, bringing over 20 years of top-level experience to her clients. The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. Following a successful 2.5

Tourism 130

Tourism Occupancy Resorts Branding 130

Little Hotelier

SEPTEMBER 4, 2024

Domestic tourism definition Domestic tourism’s definition is much the same as domestic travel, except it takes into account only those who are travelling for leisure. Domestic tourism example An example of domestic tourism might be an American family travelling from another state to visit California and stay at Disneyland.

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Tourism Travel Business Marketing 98

Cloudbeds

JANUARY 17, 2024

With restrictions to third-party data and new AI tools, lodging operators must familiarize themselves with the different hotel market trends and strategies to stand out from the crowd. Here, we look at how the travel landscape is evolving and the latest trends to shape your marketing strategies this year.

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Hotel Marketing Market Marketing Hotels 98

SiteMinder

FEBRUARY 14, 2024

What are tourism trends? Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. Table of contents Why keep up with new trends in tourism?

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Tourism Market Marketing Travel 59

Inn Quest

JULY 26, 2023

In today’s highly competitive hospitality industry, effective destination marketing plays a crucial role in attracting guests to hotels. With the rise of online travel platforms and social media, hotels must employ strategic marketing tactics to stand out from the crowd. Firstly, What is Destination Marketing?

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Hotel News Resource

MAY 2, 2024

Surging inbound tourism will help boost Australia's hotel occupancy levels this year and next while spurring room rate growth in most markets, particularly Sydney and Brisbane, according to new CBRE forecasts.

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Occupancy Tourism Forecasting Market 45

Hotel Management

OCTOBER 17, 2024

Average daily rates (ADRs) in Asia Pacific are up 19% in local currencies versus the last cyclical peak in 2018-2019, according to JLL with most markets still having room to increase occupancy back to pre-pandemic highs “given strong business travel offsetting some pull back in leisure travel”.

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Average Daily Rate Occupancy Forecasting Hotels 130