booking data
Here’s Where Travelers Are Headed Post-Summer, Pre-Holidays
AAA | September 23, 2024
WASHINGTON, DC (September 23, 2024) – If there’s ever a time of year to hit the open road or jet off to a bucket list destination, it’s now! In many parts of the U.S., temperatures are dipping and leaves are changing, creating the perfect conditions for a picturesque fall getaway. Autumn is also an ideal time to travel internationally, especially to Europe, when it’s less busy compared to summer. “This time of year is known as shoulder season in travel which means mild weather, fewer crowds, and better prices,” said Stacey Barber, Vice President of AAA Travel. “AAA booking numbers show more people are flying this season ...
2024 Total Solar Eclipse: How Will the Hotel Performance Impact Stack Up to 2017?
CoStar Group | February 16, 2024
In early-April 2024, a Total Solar Eclipse will once again pass over cities across North America and drive an influx of spectators in need of overnight accommodations. That means a lift in hotel performance is once again on the horizon, but there are key differences from the last Total Eclipse in 2017. With a duration of totality almost double that of the eclipse in August 2017, the number of spectators looking to be a part of the experience is expected to increase. The eclipse will also reach more larger hotel markets than 2017, which means more available rooms and more well-known destination offerings for travelers to ...
U.S. Group Revenue Recovery in Q4 Hits 110 Percent According to Hospitality Group and Business Performance Index by Knowland and Amadeus
KNOWLAND | January 25, 2024
Group business up across key metrics in 4Q2023, providing stability for hotels going into 2024 ARLINGTON, Va. — Jan. 25, 2024 — Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, and Amadeus, a global leader in hospitality technology, today present the metrics from the companies’ Hospitality Group and Business Performance Index (the “Index”). The fourth quarter of 2023 demonstrated that group business in 10 of the top markets in the U.S. has recovered 110 percent compared to the same time in 2019. Group bookings are calculated using occupancy and average daily rate (A...
Amadeus Report in Collaboration With UN Tourism Shows Confident Start to 2024 for Travel in the Americas
Amadeus | January 24, 2024
Air capacity is well over 100% of 2023 volumes across all regions, demonstrating increased opportunities for travel January 24, 2024 - A new report released today by Amadeus in collaboration with UN Tourism shows a positive trend for air travel and hospitality in the Americas at the start of 2024. Air capacity has increased significantly for January to April 2024 The report - Travel Insights 2024: Focus on the Americas - finds the industry is prepared for a strong start to the year, with air capacity in the region up by 20% over the first four months of the year when compared to the same period of 2023. Released today, the report d...
From Globetrotters to First Timers, Travelers Are Seeing the World in 2023
AAA | April 3, 2023
WASHINGTON, DC (April 3, 2023) — International trips are on the rise this year. According to AAA booking data, international travel is up more than 200% compared to 2022. Hotel bookings are seeing the biggest jump, up more than 300% over last year. The spike in demand is driving up airfares. Ticket prices for international trips are up more than 30%. “Travelers are making up for lost time and willing to spend more to see the world,” said Paula Twidale, Senior Vice President of Travel at AAA. “If you do your homework and rely on travel experts, like AAA travel advisors, there are deals to be had. But the key is giving yours...
Global Hotel Occupancy Exceeds Pre-Pandemic Levels in July and August With a Strong Q4 Forecasted Across All Segments
Amadeus | September 28, 2022
For the summer of 2022, global hotel occupancy hit an average of nearly 70%, which is an increase of around 5% over the summer of 2019. Group and business travel segments are showing steady recovery in Q4, with 4.3 million group room nights already booked for H1 2023. After an outstanding summer of travel, Amadeus’ Agency360® and Demand360® data sources are showing strong recovery indicators for the remainder of 2022 and evidence of growing traveler confidence as the sector looks towards 2023. Amadeus’ in-depth Demand360® business intelligence data, which offers both retrospective and forward-looking insights to inform r...
