The Latest Hospitality Industry News & Trends - TravelClick

Successful Meetings – Group Travel Sees Fourth-Quarter Boost, TravelClick Reports

TravelClick

North American hoteliers are closing 2017 with “healthy gains” across all travel segments, but especially group travel, according to TravelClick.

The holidays have come early for North American hoteliers, which are closing 2017 with “healthy gains” across all travel segments, according to hotel consultancy TravelClick, which yesterday published its October 2017 North American Hospitality Review (NAHR).

Overall, average daily rates (ADR), occupancy, and revenue per available room (RevPAR) are up 1.6 percent, 4.3 percent, and 6 percent, respectively, for the fourth quarter, according to TravelClick, which said the group travel is performing especially well, with ADR, occupancy, and RevPAR up 2.6 percent, 7.8 percent, and 10.6 percent, respectively.

Read more at Successful Meetings.

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.