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Growth Greets North American Hoteliers in New Year

Growth Greets North American Hoteliers in New Year

NEW YORK—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 ...

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North American Hospitality Off to Positive Start in 2017

North American Hospitality Off to Positive Start in 2017

NEW YORK—North American hoteliers were 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 ...

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Group Bookings Brighten Hotel Outlook

Group Bookings Brighten Hotel Outlook

NEW YORK—Committed occupancy and average daily rates (ADR) for the first quarter of 2017 are showing major signs of growth with group travel leading the way despite the continuing lag in transient booking pace in the fourth quarter of 2016, ...

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Sporadic Business Demand Increases Booking Competition

Sporadic Business Demand Increases Booking Competition

NEW YORK—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 ...

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Group Booking Pace Provides Opportunities

Group Booking Pace Provides Opportunities

NEW YORK—Hoteliers in major North American markets can look forward to an improved group booking pace beginning at the end of 2016 and continuing into 2017, demonstrating its value in capturing incremental business as hoteliers prepare for the New Year. ...

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