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All posts by
Jane Babilon
Business Intelligence News Hospitality
 

Summer Results Outpace Economy in Southeast: Winter Off to Slow Start

DENVER, COLO., Sept. 23, 2019— As expected, Southeast lodging properties in five southern states wrapped up the summer season in August with aggregated increases in both occupancy and revenues. However, the healthy pattern that prevailed throughout the summer months cooled off significantly for the first months of the upcoming winter season. The notable shift in lodging patterns was released Friday in DestiMetrics* Market Briefing by …

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Summer Lodging Tracking Nicely in Southeast; Winter Patterns Showing a Downshift from Last Year

DENVER, COLO., Aug. 20, 2019— Participating lodging properties across the Southeast region are now assured of a positive summer performance for both occupancy and revenues—with only one month remaining for the summer season. The news was released yesterday in the DestiMetrics* Market Briefing by Inntopia. The aggregated results are compiled through July 31 from nine participating Southeast resort destinations.

While actual aggregated occupancy during July …

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Southeast Destinations on Track for Strong Summer Lodging; Winter Patterns Changing

DENVER, COLO., June 18, 2019— With four of the six summer months (March through August) already “in the bank” or on-the-books, Southeast destination resorts in five states are on a solid path to surpass last summer’s occupancy, room rate, and revenue figures. All six summer months are pacing ahead of last year according to the most recent DestiMetrics* Market Briefing released yesterday by Inntopia with …

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Southeast: Lodging Looking Strong For Remainder of Summer

The Highlights:

  • As of May 31, actual results for the month in a year-over-year comparison to last May
    • Aggregated actual occupancy for May was up 8.4 percent
    • Average Daily Rate (ADR) was up five percent
    • Revenues were up a dramatic 13.8 percent
  • As of May 31, for the six-month summer season from March through August using on-the-books figures in a year-over-year comparison to the same
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Southeast Destinations Finally Seeing Rate and Occupancy Stabilize

DENVER, COLO., May 23, 2019— After seven months of atypical lodging occupancy in nine resort destinations throughout the Southeast due to hurricane damage and recovery, bookings in the past 60 days appear to be shifting back to more familiar and stable pattern. Vermont-based Inntopia released their DestiMetrics* monthly Market Briefing yesterday with a summary of the normalizing patterns.

As of April 30, occupancy for the …

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Give your property’s performance priceless context with Prop Comp Reports.

Favorite Things is a series of posts by Inntopia employees about their favorite parts of the systems and services we offer. Some are big, some are small, some are simple, and some are complex. Enjoy a veritable cornucopia of hidden gems by visiting the Favorite Things archives.

A frequent question from our destination clients (a.k.a. DMOs) is how to add value for their participating …

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Summer Rates Soften; Bookings Get Stronger at South Destinations

BRADENTON, Fla., April 17, 2019 — The Average Daily Rate (ADR) has softened during the past month at Southeast destinations and the lower rates are helping to drive increasingly rate-sensitive consumers to make bookings at participating lodging properties. The findings were released in the most recent DestiMetrics* Market Briefing by Inntopia and revealed that actual occupancy for the month of March, as of March 31, …

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Tourism and Storm Recovery Combine for Strong Winter – Pattern Carries Into Summer Bookings

BRADENTON, Fla., March 20, 2019— The most recent DestiMetrics* Market Briefing for the Southeast region released yesterday by Inntopia, provided the final results for participating lodging properties for both the month of February and for the full winter season from September through February.  As of Feb. 28, actual aggregated occupancy for the month of February was up 11.5 percent compared to February 2018 while the …

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Southeast Lodging Continues Strong; Many Rentals Still in Some Flux as Hurricane Recovery Still Impacting Inventory

BRADENTON, Fla., Feb. 26, 2019— Lodging properties in five southeastern states continue to show impressive year-over-year growth in occupancy and revenues while post-hurricane recovery continues to have an impact on available inventory in some regions. Changes in events calendars are also shifting figures from month to month. In the most recent DestiMetrics* Market Briefing released by Inntopia, a strong booking pace in the month of …

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Rate Management Driving Growth; Snow Plays Vital Role

Denver, Colo., Jan. 18, 2019—Strategic rate management coupled with widespread snowfall across the western portion of the U.S. helped turn December from a challenging month to a revenue winner for mountain lodging properties. That assessment was delivered by Inntopia in their monthly DestiMetrics* Market Briefing released yesterday. As of Dec. 31, bookings made in December 2018 for arrivals in that month were up a whopping …

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Southeast Lodging Properties Booming This Winter Season

BRADENTON, Fla., Dec. 26, 2018— Aggregated data for lodging properties in nine Southeast destinations in five southeastern states are posting gains in occupancy and revenue for five of the six winter months—but the data is somewhat of an anomaly this year as the impact of Hurricane Michael along the Florida Panhandle has significantly shifted usage of units in the region.

In the most recent report …

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Can individual properties take advantage of destination-level data? Resort Collection says yes.

As a Business Intelligence Account Manager for Inntopia, I work with a lot of different organizations and businesses of different sizes, and it’s my job to make sure they’re all getting as much out of the platform as possible.

While the typical Inntopia BI/DestiMetrics program is funded by a Destination Marketing Organization (DMO) or local CVB, individual properties contribute by submitting the data that informs …

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