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. Yes, we have two office conversions in our pipeline, which is exciting. You’ve got an Adelaide project in the works.

Construction 267

Construction Shopping Pipeline Occupancy 267

Hotel Business

FEBRUARY 21, 2023

Worldwide ADR was up 8% vs. 2019, while occupancy was down 7 percentage points vs. 2019. “In YOY Opened and added 49,400 rooms (269 hotels); global estate now at 912,000 rooms (6,164 hotels) Signed 80,300 rooms (467 hotels); global pipeline now at 281,000 rooms (1,859 hotels), +3.9% for full-year 2022 vs. 2019. pts vs. 2021 (+2.1%

Pipeline 52

Pipeline Scale Occupancy Resorts 52

Hotel Business

FEBRUARY 7, 2024

for the full year Approved 33,800 new rooms for development during the fourth quarter, bringing Hilton’s development pipeline to a record 462,400 rooms as of Dec. compared to the same period in 2022 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 12.2% from the same period in 2019.

Pipeline 115

Pipeline Branding Revenue Occupancy 115

Amadeus Hospitality

NOVEMBER 12, 2024

When asked to rate their top business objectives that are driving technology investment, 41% of hoteliers cited their desire to increase occupancy. Survey respondents also said data fragmentation (33%), data efficiency (32%), and data integrity (30%) are among the biggest challenges faced in business intelligence today.

Business 52

Business Average Daily Rate Hospitality Ancillary Revenue 52

Hotelier Magazine

SEPTEMBER 20, 2024

Occupancy growth has reverted back to ‘normal’ growth levels, and the Middle East and Asia (excluding China) reported strong YOY growth YTD. Branded hotel development is another key global theme, with luxury and upper-upscale rooms expecting the strongest growth and midscale and economy pipelines relatively light.

Tourism 52

Tourism Pipeline Hotels Market 52

Hotel Business

NOVEMBER 7, 2022

30, the number of global rooms in the company’s targeted upper-midscale and upscale segments open and in the development pipeline increased by more than 73,000 as a result of the acquisition. The company’s total domestic pipeline as of Sept. The company’s extended-stay domestic pipeline reached 468 hotels as of Sept.

Pipeline 52

Pipeline Revenue Branding Scale 52

Hotel Business

FEBRUARY 15, 2023

The company’s total domestic pipeline as of Dec. and a 130-basis-point increase in occupancy levels compared to fourth-quarter 2019. for full-year 2022 compared to the same period of 2019, outperforming the upscale chain scale by nearly 10 percentage points. RevPAR performance trends RevPAR increased 14.6% 31, 2021.

Revenue 59

Revenue Pipeline Branding Scale 59

Hotel Business

MAY 3, 2024

Global occupancy moved up to 62% and ADR increased by a further 2% as pricing remained robust, reflecting the complete return of leisure, business and group travel.” YOY; the global pipeline at the end of the quarter was 305,000 rooms (2,079 hotels), up 6.6% Occupancy was 63.1%, down 1.1 YOY, with occupancy up 2.7

Pipeline 109

Pipeline Occupancy Travel Branding 109

Travel Media Group

APRIL 24, 2024

It’s turned into one of the fastest brands in Hilton’s history to make sure I get these numbers right over with more than 650 open hotels, it’s got one of the largest pipelines right now in the us. There’s so much space below for, you know, lower rated travel in a different chain scale.

Hospitality 97

Hospitality Branding Digital Marketing Travel 97

Hotelier Magazine

APRIL 2, 2024

For the past few years, the hotel industry has enjoyed strong market fundamentals driven by solid ADR and occupancy rates, creating a positive investment environment. Based on the report, as of December 2023, 57 per cent of the national pipeline rooms were in Ontario, with British Columbia a distant second at 21 per cent.

Pipeline 59

Pipeline Construction Sales Scale 59

Boutique Hotel News

MARCH 6, 2023

Mohapatra’s standing and influence in the short-term rental and wider hospitality industries only look set to grow further, particularly at a time when travel choices are being scrutinised on an unprecedented scale and more sustainable solutions are being sought. The end of 2022 saw its strongest month to date occupancy-wise.

Real Estate 101

Real Estate Hospitality Construction Management 101

Boutique Hotel News

DECEMBER 20, 2022

According to Matterport , JLL was able to transact 85 per cent faster using digital twin technology, and hospitality properties with a digital twin can increase occupancy by 14 per cent. Expect loyalty programs to be reimagined in line with this trend, and for brand activation companies such as Way to quickly scale.

Travel 124

Travel Hotels Branding Consumer 124

Social Tables

DECEMBER 27, 2018

With the development pipeline slowing and event demand growing, it promises a rise in group hotel rates. Your unique and thorough understanding of the property is bound to surface viable ideas that paint you as a valuable partner in navigating the complexities of such a large-scale event. percent over the next two years.

Events 167

Events Business Scale Consumer 167

Hotel Speak

FEBRUARY 3, 2024

Upon closer viewing, there is a play in scale –a seemingly oversized watering can and garden rake reveals that the greenhouses could also possibly be the scale of a tabletop terrarium. Sustainability Efforts Energy-saving smart occupancy sensors are installed in the guests’ rooms as part of the energy conservation initiatives.

Real Estate 96

Real Estate Scale Accommodation Branding 96

Hotelier Magazine

MARCH 11, 2024

We’re seeing the leads pipeline improving but actual bookings won’t recover until 2028. Occupancy rates have returned to pre-pandemic levels with ships largely at 95 per cent occupancy. AW: Re-building the pipeline for business events has been a top priority.

Tourism 52

Tourism Business Market Marketing 52

Hotelier Magazine

OCTOBER 10, 2024

Occupancy is up. I would say that over the 12-month period, our occupancy has been up 1.3 The only areas that we’re seeing some difficulty is in our resort properties where climate change is impacting the occupancy and the business levels there. How has this impacted ADR and occupancy? Bob Singh: A great year.

Real Estate 59

Real Estate Market Marketing Hotels 59