"The week of Nov. 10-16 was expected to be strong, but calendar shifts slowed U.S. hotel performance and created almost flat revenue per available room, which rose just 0.4%. Occupancy increased 0.9 percentage points, while average daily rate declined 1.1%. Three notable calendar shifts occurred – two negative and one positive." #dshhoteladvisors #hotels #hotelsandresorts #hotelindustry #hospitality #hotelperformance https://lnkd.in/e-r_cdV6
Dennis Hopper, CCIM’s Post
More Relevant Posts
-
"Bifurcation across the hotel industry continued in July, with demand growth in the economy segment trending down year to date while the upscale and upper-upscale segments performed well compared to the national average." #dshhoteladvisors #hotelindustry #hospitality #hotelperformance #hotels #hotelbusiness https://lnkd.in/ebvgUn8D
To view or add a comment, sign in
-
https://buff.ly/4bGnZfF How to Conduct a Displacement Analysis For Your Hotel #hotels #hoteliers #hotelrevenue #revenuemanagement #displacement #displacementanalysis #hotelbooking
To view or add a comment, sign in
-
RoomPriceGenie : Are your rooms priced too high, too low, or just right? When should you offer discounts, and when is it better to hold your rates? These are crucial questions faced by independent hotels daily. #hotels #hoteliers #hotelrevenue #revenuemanagement #hotelpricing #hotelroompricing #pricediscounting #expertinsights Thomas Landen – Ewa Gabara - Marvin Speh – James Andrew Rhind – Leon Pijpers – Kenneth Arnott – Ari Andricopoulos
https://buff.ly/3PrGLhZ Maximizing Hotel Room Revenue with Strategic Discounting RoomPriceGenie : In this article we explain how to adopt a strategic approach to room discounting, balancing occupancy and average rate to maximize revenue #hotels #hoteliers #hotelrevenue #revenuemanagement #hotelpricing #hotelroompricing #pricediscounting #expertinsights Thomas Landen – Ewa Gabara - Marvin Speh – James Andrew Rhind – Leon Pijpers – Kenneth Arnott – Ari Andricopoulos
To view or add a comment, sign in
-
🏆 San Diego: Best in the West for Hotel Occupancy in 2024 🏆 San Diego’s hospitality industry wrapped up 2024 on a high note, securing the title of Best in the West for hotel occupancy! With a 74.3% occupancy rate, we outpaced key competitors like Los Angeles and Orange County for the second straight year—ranking #3 nationally, just behind Oahu and New York. A few key highlights from the year: ✅ 17.5M room nights sold – slightly exceeding the April 2024 forecast ✅ ADR: $213 (+1.3%) | RevPAR: $158 (+2.4%) ✅ Convention & event impact: 61 primary events, fueling 1.1M room nights ✅ Major wins in group travel: 2.6M group room nights, with ADR up 3.4% December 2024 closed the year strong, with group travel helping to lead the way—group occupancy surged 6.1% YoY, fueled by major events at the convention center. Looking ahead, 2025 will be another pivotal year. With a packed event calendar and a strong foundation, the question is: How will San Diego continue to build on its success? Check out my full breakdown of San Diego’s 2024 hotel performance here 👇 #SanDiego #HospitalityIndustry #TravelTrends #Tourism #Hotels
To view or add a comment, sign in
-
How to Set Profitable Rates and Maximize Hotel Revenue in 2025. https://lnkd.in/dWEMTMwv #hotels #hotelpricing #hotelprofit #revenuemanagement #hotelrates #expertinsights #hotelbooking #directbooking #onlinebooking #hotelrevenue #revenuemanagement #revenuestrategy #hotelrevenuemanagement #onlinemarketing #digitalmarketing #hotelmarketing #sales #marketing #reservations #bookingengine #channelmanager #otas
To view or add a comment, sign in
-
https://buff.ly/4gibbi0 Driving Revenue Growth: What is Hotel Dynamic Pricing #hotels #hoteliers #hotelrevenue #revenuemanagement #hotelpricing #dynamicpricing
To view or add a comment, sign in
-
https://buff.ly/3YkEKbj How to Set Profitable Rates and Maximize Hotel Revenue in 2025 Smartpricing : Discover how to optimize your hotel’s pricing strategy for 2025 with simple tactics to boost your revenue and streamline the setting of rates #hotels #hoteliers #hotelpricing #hotelrevenue #hotelprofit #revenuemanagement #hotelrates #expertinsights Laura Willenbrock – Eleonora Aste
To view or add a comment, sign in
-
"The final stretch of 2024 featured "weird but good" hotel performance around the world, but inflationary drag on rates continues to cause concern." #dshhoteladvisors #hotelindustry #hotels #hospitality #hotelperformance #hotelbusiness https://lnkd.in/euMqYu2R
To view or add a comment, sign in
-
https://buff.ly/3ziMOAP How to Set Seasonal Pricing to Maximize Hotel Revenue #hotels #hoteliers #hotelrevenue #hotelpricing #revenuemanagement #seasonalpricing
To view or add a comment, sign in
-
First-quarter U.S. hotel performance can be volatile, but analysts say it’s important to remember all the factors at play that create waves in the first place. Read on. #hospitality #hotels
To view or add a comment, sign in