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Amadeus: Hotel Occupancy Soars This Holiday Season

Lodging

As the world heads toward the holiday season, hoteliers are preparing for demand as people look to travel over Christmas and New Year’s Eve. Amadeus is seeing a peak in demand over the Christmas and New Year period across major markets around the world.

Occupancy 299
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Brisbane shows resilience in aftermath of Cyclone Alfred, STR reports

Hotel Management

Speaking exclusively to HM , STR Regional Director Asia Pacific ex China, Matthew Burke, reported a +50% decline in occupancy across South East Queensland and Northern New South Wales. STR anticipates a quicker return to normal trading for Brisbane and Toowoomba, driven by corporate travel and recovery efforts.

Occupancy 130
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Iwan Sunito launches One Global Resorts with rebrand of Green Square property

Hotel Management

One Global Capital Chairman and Group CEO, Iwan Sunito, has introduced a new hotel brand to the market, One Global Resorts, with the official rebranding of his Skye Suites Green Square property on Thursday evening. Thanks to its prime location, the hotel maintains 85-95% occupancy throughout the year. “We

Resorts 264
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CBRE predicts 2025 will be a ‘pivotal year’ for growth and investment in Australia’s hotel sector

Hotel Management

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%

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CoStar: December U.S. Hotel Industry Reports Positive Year-Over-Year Comparisons

Lodging

Growth was elevated due to the Hannukah calendar shift and the compressed business travel period between Thanksgiving and Christmas. Hotel Performance December 15-21, 2024 Percentage change from comparable week in 2023 Occupancy: 48.9 percent (up 11.4 percent) ADR: $135.79 (up […] The post CoStar: December U.S.

Occupancy 173
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Exclusive: Tourism Fiji CEO Brent Hill talks record results in a thriving market

Hotel Management

Since reopening, Fiji’s tourism sector has seen record volumes of visitor arrivals, in particular from our key source markets of Australia, NZ, North America and China. We have also seen incredible growth in yield (Average Daily Rate and RevPAR) and occupancy. Register now for AHICE Fiji Islands Investment in Tourism Summit.

Tourism 264
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These Markets Could Drive Vacation Rental Growth

Skift Blog

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

Market 264