Transient reservation pace showing the sharpest decline throughout 2019. @TravelClick
North American hoteliers kick off second half of 2018 with steady rates and bookings
TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, has released new data from the company’s August 2018 North American Hospitality Review (NAHR). @TravelClick
North American hoteliers spring into second quarter of 2018 with continued growth
Strong group travel drives increases in rates and bookings. @TravelClick
Weakening March reservation pace creates new challenges for hoteliers
As North American hoteliers head into the spring season, new commitments that have been added over the last month are down -1.6 percent, and committed occupancy for the first quarter of 2017 through the fourth quarter is down -1.2 percent compared to last year, according to new data from TravelClickÕs March 2017 North American Hospitality Review.
Flattening reservation pace presents ongoing challenge for hoteliers
As North American hoteliers progress through the early months of 2017, the pace of new bookings is flat with new February reservation commitments at -0.8 per cent. However, average daily rates (ADR) for the first and second quarters of 2017 are showing signs of growth across all travel segments.
