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Pace of New Bookings Continues to Decline

Pace of New Bookings Continues to Decline

NEW YORK—Heading into the latter summer months, the pace of new bookings continues to decline, with new August reservation commitments falling -2.8 percent. However, committed occupancy and average daily rates (ADR) for the fourth quarter of 2016 are showing signs ...

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2016 Hotel Performance Still Backed by Digital

2016 Hotel Performance Still Backed by Digital

NEW YORK—Consistent with Q1 2016, hotel industry performance is continuing to strengthen, with Q2 2016 revenue per available room (RevPAR) increasing 3.8 percent year-over-year. According to data from TravelClick’s North American Distribution Review, bookings through online travel agents (OTAs), hotel ...

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Committed Occupancy Grows in May

Committed Occupancy Grows in May

NEW YORK—The spring booking bounce is spreading this season, with 22 of the top 25 North American markets showing committed occupancy growth compared to last month. In addition, committed occupancy for the second quarter of 2016 through the first quarter ...

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Online, Mobile Bookings Strengthen Hotel Performance

Online, Mobile Bookings Strengthen Hotel Performance

NEW YORK—Hotel industry performance is strengthening, with Q1 2016 revenue per available room (RevPAR) increasing 1 percent year-over-year, fueled by online and mobile bookings. According to data from TravelClick’s North American Distribution Review (NADR), bookings through online travel agents (OTAs), ...

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Fragmented Performance Dampens Spring Hotel Outlook

Fragmented Performance Dampens Spring Hotel Outlook

NEW YORK—While new bookings are up at the start of the spring season, with 17 of the top 25 North American markets showing committed occupancy growth compared to last month, the pace of those bookings is relatively flat. New commitments ...

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