Through the Global Distribution Systems
Down 12% Versus 4th Qtr Last Year
CHICAGO - Feb. 5, 2002-- TravelCLICK's eMonitor results for the fourth
quarter of 2001 show that worldwide hotel room nights and revenue booked
electronically through the Global Distribution Systems (GDSs) decreased
versus the same
Room nights booked electronically were down 12% over the fourth quarter
of 2000, while revenue was off 21% as average rate eroded by 11%. Of encouraging
news was that October, November, and December had decreasing percentage
declines of 24%,
Electronic bookings for the entire year of 2001 showed a decline of 2.5% compared with 2000. Fourth quarter results played a large role in this slight drop-off, since prior to September year to date results for GDS booking growth were positive. For the entire year, GDS e-commerce revenue declined 5.4% as ADR fell 3.0%. Average length of stay was stable at 2.13 nights both in 2001 and 2000.
The eMonitor results were compiled from TravelCLICK's comprehensive
database, which is the exclusive source of hotel industry electronic distribution
data from the Amadeus, Galileo, Sabre, and Worldspan GDSs. TravelCLICK's
data also includes consumer online GDS hotel bookings made through major
Internet travel sites, such as Travelocity and Expedia.
Travel agent bookings remained the dominant source of hotel e-business, representing over 96% of total GDS room nights. The travel agent component of GDS declined 12.4% in room nights and 21.7% in revenue compared to the fourth quarter of 2000.
Despite the soft fourth quarter in general, the Internet (consumer online) component of the GDS continued to display growth.
Internet room nights, excluding bookings from auction sites, grew 8.3%
in the fourth quarter of 2001. Average rate was down for GDS Internet related
bookings by 12.7% from the fourth quarter of 2000.
"Even after accounting for the impact of the terrorist attacks of September 11th, electronic hotel bookings made by travel agents were down only slightly in 2001.
Consumer online bookings made over the Internet continued their rapid growth, with a 45% increase for 2001 compared to 2000," said Bruce W. Mainzer, senior vice president of marketing for TravelCLICK. "Going forward, even with a sluggish economy, we expect travel agent bookings in 2002 to increase and consumer online bookings to continue a strong growth path."
Top Destination Markets
The top five worldwide destination markets for total GDS room nights during the fourth quarter were:
TravelCLICK (www.travelclick.net) is the leading provider of digital media and data solutions to the worldwide travel industry. The company's products help hotels and other travel industry suppliers improve profits through electronic distribution channels.
|Also See||E-Commerce Room Nights Booked Via GDS Show Slight YTD Growth Despite September Drop in Bookings / eMonitor / Nov 2001|
|Hotel Room Nights Booked Electronically During the Second Quarter of 2001 Increased 3% Over Prior Year Quarter / eMonitor / Aug 2001|