Average Daily Rate
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STR projected average daily rates will increase by 3.8 percent at U.S. hotels this summer, nearing peak rates of 2008
while occupancy climbs 1.8 percent to 69 percent. STR COO Brad Garner said in a statement that additional leisure travel would add demand to already-strong corporate business travel demand, although the firm projects "very little contribution to the overall demand numbers from government transient
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Pegasus: March Global GDS Hotel Bookings Decrease While Rates Increase
Total worldwide hotel bookings through global distribution systems in March fell 7.5 percent lower from 2011 levels, although the average daily rates paid with those bookings increased 4.5 percent, according to Pegasus Solutions.
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December worldwide hotel bookings processed through GDSs declined 3.4 percent, the first monthly drop since October 2009
… year earlier. Within North America, December GDS hotel reservations volume fell 4.5 percent year over year while the average daily rate jumped 5.4 percent, "the highest growth achieved since August and higher than the year-to-date growth of 4.6 …
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TravelClick projects a 'slow and steady' increase in North American hotel occupancies and rates in 2012,
… forecasts a 3.2 percent year-over-year increase in average daily rate and a 2.5 percent increase in occupancy, boosted by ..... year, TravelClick projects a 3.6 percent increase in average daily rate and a 3 percent increase in occupancy. TravelClick said …
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The average daily hotel rate paid through GDS channels in September increased 3.5 percent year over year, the smallest increase since March 2010,
according to Pegasus Solutions. Global GDS hotel reservations volume increased by 6.1 percent. The average daily rate for North American properties in GDS channels increased by 4.6 percent year over year, while bookings were up 3.8 percent …
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The September average daily rate at U.S. hotels increased year over year by 4 percent
and occupancy increased by 5.7 percent to 63.3 percent, boosted by "strong demand" from business transient and group travelers, according to STR. Brad Garner, STR's COO, noted that increases were particularly strong in luxury hotels, and he projected that upper upscale hotel rates would pick up
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The average daily hotel rate paid through GDS channels in August increased 4.7 percent year over year
according to Pegasus Solutions. ADR for North American properties in GDS channels increased by 5.7 percent year over year while bookings were up 6.7 percent …
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PKF Hospitality Research upped its revenue projections for the U.S. hotel industry
… forecasts for continued deterioration of the overall economy. Average daily rate increases, according to PKF, were higher than projected ..... projects a 3.3 percent year-over-year increase in average daily rate , followed by a 4.8 percent increase in 2012. The firm …
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BTN's 2011 Business Travel Survey: At The Crossroads
… information germane to corporate travel management professionals, BTN this year is providing key metrics—including average daily rate and occupancy—when available for the major hotel brands, as well as listing the net profits of publicly traded hotel …
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May Hotel Rates Continue Worldwide Climb
… the peak rate levels of 2008 and that rates should continue rising for the rest of the year. "May's gains and the steady ADR gains for the year are positive signs that hoteliers are starting to feel comfortable leveraging rates," according to Hite …
