Heading into the second half of the year, North American hoteliers are continuing to experience stable average daily rates (ADR) alongside declines in bookings during the second quarter of 2017, according to new data from TravelClick’s June 2017 North American Hospitality Review (NAHR). This marks an ongoing trend for hoteliers this year.
Despite strong transient leisure travel, with positive gains in both ADR and bookings, all other travel segments are experiencing inconsistencies across the board.
For example, ADR for transient business travel in the second quarter is up 1.5 percent, but bookings are down -1.5 percent. ADR for the group segment is also up 1.5 percent, but occupancy is down -1.6 percent.
Read more at eHotelier.