occupancy
Growth in US Hotel Occupancy and ADR Pushes up RevPAR by 3.6%
While U.S. hotel occupancy remains uncomfortably low, we are encouraged by the movement above 50% as well as the gains seen in urban locations
Music Events Boosting Hotel Demand for Several European Markets
Europe is set to showcase a wide array of music events in 2022, and the large crowds they are likely to draw are music to the ears of local hoteliers
U.S. Hotel Occupancy Remained Soft, Staying Basically Flat
Prediction is that U.S. will achieve full recovery to 2019 levels in 2023 with occupancy and ADR surpassing 2019 levels consistently from summer of 2022
Kick Off 2022: Demand Trends
Analysing the occupancy levels by geographic areas we see hotels are at similar levels as January-February 2020, but demand is conservative in January 2022
Automated Forecasting of True Inventory Availability
Until recently upsell software solutions did not check inventory availability. They were simply offer systems collecting requests for later manual approval
Nearly One Quarter Of All U.S. Hotels Occupancy Under 30%
This week’s demand, which historically is among the lowest, was 88% of 2019. While slowing, hotels are in a far better position than they were a year ago
Benelux Hotel Performance: 5 Key Points
Despite experiencing a difficult year overall, with hotel occupancy not surpassing 55% of the 2019 benchmark, some of the Benelux saw slightly better levels
How To Get Balance Right Between Pushing Rate & Pushing Occupancy
If you are constantly looking for high occupancy and low ADR you are possibly ‘fishing in other waters’. You are effectively devaluing your hotel
U.S. Hotel Performance Was Neither a Trick or Treat
If this was a normal year in terms of hotel business and group demand, the Halloween impact would have been substantially less and relegated to the weekend
Factors To Keep In Mind While Creating Hotel Packages
Creating hotel packages is no rocket science, but must be strategic. You should consider certain factors while crafting offers that don’t jeopardise revenue