Citing improving business travel levels, CBRE Hotels Research on Thursday projected 2025 U.S. hotel occupancy, average daily rate and revenue per available room each would increase from 2024 levels.

Macau’s average hotel occupancy rate increased by 3.7 percentage points year-on-year, reaching 94.7 per cent in 2024. According to the Macau Government Tourism Office (MGTO), this growth was driven by ...

THE occupancy rate of hotels in Penang for 2015 is not expected to better the achievement of 62.33% last year. Malaysian Association of Hotels (MAH) Penang chairman Khoo Boo Lim said that from ...

The hotel industry ... room occupancy of more than 63 per cent for the entire year. Overall, occupancy was up across the board month-to-month except in January when occupancy rates dipped 0.5 ...

These platforms offer hotels numerous advantages, from increased visibility to data-driven strategies that enhance occupancy rates. By leveraging digital tools, hotels can optimize pricing, streamline ...

The hotel occupancy rate also saw growth, reaching nearly 78 percent, up 2.7 percent from the corresponding period last year. Al Marri stated that these figures highlight the expanding growth of ...

The strong growth in domestic tourism has resulted in the highest-ever average room rate (ARR) in the December quarter of 2024. A businessline analysis of eight of the largest hotel stocks shows ...

Macau recorded an average 95-percent hotel occupancy rate during this year’s Lunar New Year Golden Week, said the city’s government. The figure matched the prior-year festival’s occupancy rate as ...

For the second straight month, U.S. hotel revenue per available room and average daily rate In January increased strongly year over year, and occupancy increased as well, according to hotel analytics ...

largely due to consistently strong hotel occupancy rates. El Paso hotel occupancy rate above Texas, nation El Paso’s hotel occupancy rate ranked third best among 54 Texas submarkets and 128 th ...

DMO KYOTO announced that the occupancy rate of hotels in Kyoto City was 78.5% in 2024, 5.1 higher points than 2023. Although the yearly rate was 2.8 lower points than 2019, the monthly rates were ...