The Latest Hospitality Industry News & Trends - TravelClick

LODGING Magazine – Group Booking Pace Provides Opportunities

TravelClick

By Editorial Staff, Lodging Magazine

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. At the same time, hoteliers are experiencing healthy increases in both transient leisure (individual reservations that are made by leisure travelers) and group bookings in the third and fourth quarters of 2016, according to new data from TravelClick’s September 2016 North American Hospitality Review (NAHR).

“The current hotel environment is requiring a renewed need to focus on competing for new business as early as possible,” said John Hach, TravelClick’s senior industry analyst. “The group segment is showing signs of longer-term incremental opportunity, especially as we look out into the second quarter of 2017.”

Read more at Lodging Magazine

Rebuilding Hospitality: Trends in Demand, Data and Technology That are Driving Recovery

Our brand-new report “Rebuilding Hospitality: Trends in Demand, Data and Technology That are Driving Recovery” combines global hotelier insights with Amadeus business intelligence data to surface worldwide recovery trends. We dig into the specific tactics hoteliers around the world have used to navigate the challenges of COVID-19 and highlighted which trends hoteliers think are likely to stay as the industry turns a corner.