News for the Hospitality Executive |
.. TravelCLICK�s eMonitor Reports Annual Growth for Room Nights at 8.4 Percent, ADR at 7.4 Percent |
CHICAGO (April 25, 2007) � TravelCLICK's
quarterly eMonitor results indicate continued robust health for the hotel
industry based on electronic distribution performance for the fourth quarter
of 2006. The data shows that worldwide electronic hotel revenue from the
Global Distribution Systems (GDS) and key Internet sites increased 19.3
percent over the fourth quarter of 2005. The number of electronic room
nights booked for the fourth quarter increased 7.7 percent over the same
time last year, while the Average Daily Rate (ADR) increased by 10.8 percent.
The average length of stay for the fourth quarter 2006 was 2.06 nights,
nearly the same as last year.
eMonitor results are compiled from TravelCLICK�s comprehensive proprietary database, which is the exclusive source of hotel industry electronic distribution data from the Amadeus, Galileo, Sabre and Worldspan GDS. The database of electronic distribution performance provides a comprehensive foundation for data analysis and trend forecasting that is used by the global hospitality industry in the development of integrated distribution strategy. Observations for the market based on this latest data include:
Travel Agent Component Travel agent bookings represented 79.3 percent of total room nights. The travel agent component of GDS bookings had an 11.5 percent increase in ADR and an 18.5 percent increase in revenue versus the fourth quarter of 2005. Travel agents also continued to be a key source of higher rate business for hotels. The average rate for room nights booked through travel agents for the fourth quarter of 2006 was 43.6 percent higher than the average rate for room nights booked via the Internet for the same period last year. Year-to-date for 2006, travel agent hotel room nights via the GDS were up 6.3 percent, driving an 8.4 percent growth in ADR from the same period in 2005. Internet Component Internet room nights, sourced from consumer online transactions on third-party websites powered by the GDS and Online Distribution Database (ODD), showed a gain of 13.6 percent compared to the fourth quarter of 2005. ADR was up 9.2 percent for Internet bookings; revenue was up 24.1 percent compared to the same period last year. Fourth Quarter
2006
Year-to-Date 2006
GDS Performance by Market Segment Results for the fourth quarter of 2006 by market segment are shown below for GDS bookings only. All market segments showed increases in both room nights and ADR compared to the fourth quarter of 2005. Fourth Quarter
2006
Year-to-Date 2006
Top Destination Markets The top 10 worldwide destination markets in room nights for GDS and ODD-powered third-party websites, in order, were: Fourth Quarter
2006
To receive a free listing of fourth quarter results by top 50 cities worldwide in electronic bookings, please email [email protected]. GDS hotel booking summaries by individual local market also are available at www.travelclick.net. Sign up to receive TravelCLICK news by email or through RSS distribution at http://travelclick.mediaroom.com. About TravelCLICK TravelCLICK (www.travelclick.net) is the leading provider of hotel business process management (BPM) solutions that drive long-term profitability. TravelCLICK helps hotels maximize asset ROI by combining innovative market analysis and proven industry best practices with advanced technology to develop and implement high-return strategies. The company offers a full set of solutions including reservations and distribution management, market intelligence-based decision support, and marketing services. Serving the hospitality industry since 1996 and headquartered in the Chicago area, TravelCLICK has more than 12,000 customers in 140 countries. |
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