average daily revenue (ADR)

UK hotel sector enters new era with wave of international arrivals

A new report by software platform SiteMinder shows that the UK hotel industry is entering a new era of travel…

Hotels predicted to revolutionise revenue management in 2024

New data from European cloud-based software company Mews has unpacked the global hotel industry’s performance in 2023 to pinpoint how…

November 2023 spells success for hotels in Jakarta and São Paulo

November 2023 was a profitable month for hotels in Jakarta, Indonesia, and São Paulo, Brazil, according to hotel industry data…

Riyadh hotel industry achieves new record

Preliminary data from STR for October 2023 shows that hotels in Saudi Arabia’s capital, Riyadh, reported their highest average daily…

Lower room rates cause Melbourne hotel decline

Melbourne’s hotels have seen a second decline in revenue per available room (RevPAR) for 2023. According to STR’s September 2023…

Dubai achieves highest hotel occupancy since 2016

STR’s hotel data finds that Dubai has achieved its highest hotel occupancy rate since 2016 in September 2023. The city’s…

Canada hotel occupancy reaches four-year high

Canada’s hotel industry has boomed throughout 2023, hitting new records and reaching pre-pandemic levels. According to CoStar’s year-on-year data, this…

Hotel upselling boosts US travel recovery

New data from hospitality cloud provider Mews has measured the US hotel industry’s performance during June, July, and August 2023,…

Canada’s hotel industry hits new record

Canada’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to…

Berlin hotel occupancy reaches 8-month high in June 2023

STR’s preliminary data finds that in June 2023 Berlin hotels saw their highest profits in eight months. The German capital’s…