travelclick north american hospitality review
Hotel Rates and Bookings Continue Growth Throughout First Half of 2018
TravelClick | May 31, 2018
Third-Quarter 2018 Bookings Increase Significantly NEW YORK – May 31, 2018 – TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today released new data from the Company's May 2018 North American Hospitality Review (NAHR). According to this data, North American hoteliers continue to experience significant growth in the second quarter of 2018 across all travel segments, up 2.7 percent in average daily rates (ADR) and 1.4 percent in bookings. Group travel is particularly strong in Q2, up 3.0 percent in ADR, 4.0 percent in bookings and an impressive 7.2 percent in revenue per available...
North American Hoteliers Welcome Uptick in Rates & Bookings Across All Travel Segments as 2018 Begins
TravelClick | January 31, 2018
Transient Leisure Travel Sees Particularly Strong Bookings Boost of 6.8 Percent during Q1 NEW YORK – January 31, 2018 – TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today released new data from the Company's January 2018 North American Hospitality Review (NAHR). According to this data, North American hoteliers are starting the New Year with gains across all travel segments in the first quarter of 2018, up 0.7 percent in average daily rates (ADR) and up 2.1 percent in bookings. The transient leisure segment in particular stands out during the first quarter, with bookings up an...
North American Hoteliers End 2017 Strong with Healthy Gains Across All Travel Segments
TravelClick | November 20, 2017
Both Group and Transient Leisure Travel Experience Particularly Solid Growth in Bookings NEW YORK – November 20, 2017 – As North American hoteliers enter the holiday season and round out the year, all travel segments are seeing a noticeable increase across the board in both average daily rates (ADR) and occupancy, up 1.4 percent and 3.9 percent respectively, during the fourth quarter of 2017, according to new data from TravelClick's November 2017 North American Hospitality Review (NAHR). Hoteliers are also experiencing a particularly strong uptick when it comes to bookings for both the group and transient leisure segments, u...
Fourth Quarter of 2017 Brings Brighter Outlook for North American Hoteliers
TravelClick | August 21, 2017
Third Quarter Data Still Inconsistent, but Final Months Indicate Rate and Bookings Growth NEW YORK – August 21, 2017 – While North American hoteliers continue to experience inconsistent booking growth during the third quarter of 2017, the fourth quarter brings long-awaited, welcomed news: healthy growth in both average daily rates (ADR) and bookings across all travel segments, according to new data from TravelClick's August 2017 North American Hospitality Review (NAHR). Overall, ADR is up 0.8 percent and committed occupancy* is up 4.4 percent in the fourth quarter. Additionally, the group and transient segments show particu...
Flattening Reservation Pace Presents Ongoing Challenge for Hoteliers
TravelClick | March 2, 2017
Still, North American Markets See Uptick in Rates Across Travel Segments NEW YORK – March 2, 2017 – 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 percent. However, average daily rates (ADR) for the first and second quarters of 2017 are showing signs of growth across all travel segments, according to new data from TravelClick's February 2017 North American Hospitality Review (NAHR). "Even though only 44 percent of North American markets are showing committed occupancy* increases compared to a month ago, ADR is growing i...
North American Hoteliers Greeted with Growth in the New Year
TravelClick | February 1, 2017
Rates and Revenue per Available Room Show Promising Gains in First & Second Quarter of 2017 NEW YORK – February 1, 2017 – As North American hoteliers kick off the early months of 2017, most travel segments are experiencing healthy average daily rate (ADR) and committed occupancy* gains in both the first and second quarter of 2017, according to new data from TravelClick's January 2017 North American Hospitality Review (NAHR). Occupancy for the transient segment in particular is seeing significant growth in the second quarter, up 10.8 percent for transient leisure travel, 8.6 percent for transient business travel and 10.4 ...
North American Hoteliers Prepare for Strong Q1 with Healthy Rate and Occupancy Gains
TravelClick | January 4, 2017
Hotel Performance Encouraging Heading into 2017 NEW YORK – January 4, 2017 – North American hoteliers are eager to ring in the New Year, according to new data from TravelClick's December 2016 North American Hospitality Review (NAHR). All travel segments are experiencing healthy rate and occupancy gains year-over-year, with occupancy increasing 5.0 percent and average daily rates (ADR) increasing 3.2 percent in the first quarter of 2017. The last quarter of 2016 shows positive, but tepid, growth across the board, with the group and transient leisure segments experiencing strong revenue per available room (RevPAR) growth at 2....
Inconsistent Reservation Pace Cools Hotel Outlook
TravelClick | October 31, 2016
Sporadic Business Demand Increases Need for Hoteliers to Compete for Bookings NEW YORK – October 31, 2016 – As hoteliers in major North American markets round out 2016 and prepare for the New Year, the pace of new bookings, especially in the industry's business sector, continues to decline, according to new data from TravelClick's October 2016 North American Hospitality Review (NAHR). Over the last month, the pace of new bookings overall is down -2.2 percent, and the pace of new group business bookings in particular is down -8.5 percent over the same time last year. Average daily rates (ADR) and revenue per available room (R...
