Hotel Management

JANUARY 14, 2025

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.

Average Daily Rate 264

Average Daily Rate Occupancy Hotels Events 264

Lodging

FEBRUARY 14, 2025

Hotel Performance February 2-8, 2025 Percentage change from comparable week in 2024 Occupancy: 55.9 percent) Among the Top 25 Markets, New Orleans reported the largest increases in each of the three key performance metrics: occupancy (up 13.6 percent (down.5 5 percent) ADR: $156.03 (down 2.2 percent) RevPAR: $87.22 (down 2.7

Occupancy 245

Occupancy Hotels Marketing Market 245

Skift Blog

DECEMBER 25, 2024

Skift Take: Hotels aren't full! Except in Manhattan.) One theory why is that corporate travelers who used to book rooms for days or weeks at a time are taking shorter trips because of hybrid work. Sean O'Neill Read the Complete Story On Skift

Occupancy 313

Occupancy Hotels Travel 313

Lodging

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 […] The post Hilton Reports Q4 and Full-Year 2024 Results appeared first on LODGING Magazine.

Occupancy 255

Occupancy Business 255

Hotel Management

JANUARY 21, 2025

Despite cost-of-living pressures, occupancy levels remain high and in demand both from a leisure and business perspective. This partnership offers our guests new ways of staying with Hilton, from rustic huts and woodland treehouses to rainforest retreats and coastal villas.

Occupancy 243

Occupancy Travel Services Business 243

Skift Blog

JANUARY 7, 2025

Skift Take: Domestic demand in the form of weddings, business travel and MICE is leading to record occupancy levels in the Indian hotel industry. However, lack of foreign arrivals continues to be a sore spot. Bulbul Dhawan Read the Complete Story On Skift

Occupancy 274

Occupancy Travel Hotels Business 274

Skift Blog

OCTOBER 23, 2024

Skift Take: Increased occupancy rates for cities hosting campaign stops in advance of the 2024 U.S. Presidential election did not proportionally translate to higher hotel prices. This unexpected trend invites further examination into how hotels and agencies can analyze data to set up smart, dynamic pricing strategies for one-time events.

Occupancy 284

Occupancy Events Hotels Travel 284