Articles tagged “occupancy”

Hotels

Skift India Report: Hotel Occupancy and Room Rates Return to Pre-Pandemic Levels

The hotel industry is flourishing and its demand has now outpaced supply. Despite skyrocketing prices, travelers are willing to pay a premium for both air travel as well as accommodation.

Amrita Ghosh | 3 months ago

Skift India Report: Hotel Occupancy and Room Rates Return to Pre-Pandemic Levels

Hotels

Skift India Report: Premium Hotels to Set Decade High Occupancy Rates This Year

Industry experts are very bullish on the revenue growth of premium hotels owing to better operational parameters, largely due to domestic demand and global events like the G20 Summit and the Cricket World Cup 2023.

Amrita Ghosh | 5 months ago

Skift India Report: Premium Hotels to Set Decade High Occupancy Rates This Year

Short-Term Rentals

Short-Term Rental Occupancy Is Both Up and Down — Depending On the Data

Rising supply is a good as long as there is demand at a price that consumers are willing to pay. If not, we are looking at a softening market.

Srividya Kalyanaraman | 5 months ago

Short-Term Rental Occupancy Is Both Up and Down — Depending On the Data

Short-Term Rentals

Summer Travel Boosts Short-Term Rentals – Latest Forecast

This might be the summer of travel, but the economic uncertainty still has consumers choosing value above anything else.

Srividya Kalyanaraman | 6 months ago

Summer Travel Boosts Short-Term Rentals – Latest Forecast

Hotels

India Daily: Hotels to Attract $2.3 Billion Investment in Next Few Years

India’s booming aviation market coupled with sustained economic growth have made global hospitality titans check into the country with a robust pipeline of hotels over the next five years.

Amrita Ghosh | 7 months ago

India Daily: Hotels to Attract $2.3 Billion Investment in Next Few Years

Tourism

India Daily: Asia’s Top Source of Travelers in 2022 Was India

Record aircraft orders show investor faith in the potential of India’s outbound tourism. The smartest destinations will warmly welcome to the rising wave of Indian travelers. Easing visas is one key step (hint, hint).

Amrita Ghosh | 7 months ago

India Daily: Asia’s Top Source of Travelers in 2022 Was India

Tourism

India Daily: Hotel Occupancy to Improve to 66 Percent in 2023

Strong leisure travel demand and resumption of international flights have been instrumental in reshaping the fortunes of the hospitality sector. But will the trend continue?

Amrita Ghosh | 8 months ago

India Daily: Hotel Occupancy to Improve to 66 Percent in 2023

Hotels

Global Accommodation Revenue in 2022 is 95 Percent of 2019

Americas' share of global accommodation revenue witnessed an increase during the pandemic given its very large domestic travel market. The dynamics are expected to change when travel restrictions in China wane, and its large domestic travel market flourishes again.

Varsha Arora, Skift Research | 1 year ago

Global Accommodation Revenue in 2022 is 95 Percent of 2019

Hotels

Global Accommodation Sector Market Estimates 2022: New Skift Research

The global accommodation sector is witnessing a fast-paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. A closer look into the industry performance shows interesting variations in the pace of recovery as we review regions and sub-sectors.

Varsha Arora, Skift Research | 1 year ago

Global Accommodation Sector Market Estimates 2022: New Skift Research

News Blog

U.S. Short-Term Rental Nightly Rates Push Even Higher in Record Summer

Despite the fears of recession and soaring fuel prices that have retreated somewhat in recent weeks, average daily rates for short-term rentals in the U.S. this summer jumped 7 percent year over year — and that's nearly 30 percent higher than the summer of pre-pandemic 2019. Airbnb short-term rental stay. Source: Airbnb Those conclusions were…

Dennis Schaal | 1 year ago