Total $0.00


Third-Quarter 2018 Bookings Increase Significantly

NEW YORK – May 31, 2018 – TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today released new data from the Company’s May 2018 North American Hospitality Review (NAHR). According to this data, North American hoteliers continue to experience significant growth in the second quarter of 2018 across all travel segments, up 2.7 percent in average daily rates (ADR) and 1.4 percent in bookings. 

Group travel is particularly strong in Q2, up 3.0 percent in ADR, 4.0 percent in bookings and an impressive 7.2 percent in revenue per available room (RevPAR). Transient travel also steps up in Q3, increasing 6.0 percent in bookings and 2.9 percent in ADR overall. More specifically, transient leisure travel is up 6.6 percent in bookings and 2.9 percent in ADR, and the transient business segment is up 4.6 percent in bookings and 3.8 percent in ADR.

“Hoteliers in the first half of 2018 experienced consistent rates and steady bookings growth, and TravelClick’s forward-looking data predicts that the third quarter will be just as promising,” said John Hach, Senior Industry Analyst at TravelClick. “In fact, it will offer the strongest level of organic growth that North American hoteliers have seen in recent years, which is welcomed news to hoteliers across the industry.”

Twelve-Month Outlook (May 2018 – April 2019)

For the next 12 months (May 2018 – April 2019), transient bookings are up 2.9 percent year-over-year, and ADR for this segment is up 2.8 percent. When broken down further, the transient leisure (discount, qualified and wholesale) segment is up 3.5 percent in bookings, and ADR is up 2.7 percent. Additionally, the transient business (negotiated and retail) segment is up 1.8 percent in bookings, and ADR is up 3.2 percent. Lastly, group bookings are slightly up 0.8 percent in committed room nights* over the same time last year, and ADR is up 1.7 percent.

“In advance of Q3, hoteliers currently have a unique window of opportunity to capture growing summer transient demand," added Hach. “To capitalize on this, hoteliers should invest in online media to stand out from the competition and leverage market data to ensure that their investment is locally optimized."

The May NAHR looks at group sales commitments and individual reservations in the 25 major North American markets for hotel stays that are booked by May 1, 2018, from the period of May 2018 – April 2019.

*Committed Occupancy – (Transient rooms reserved + group rooms committed) / capacity

The second quarter combines historical data (April) and forward-looking data (May through June).

About TravelClick

TravelClick offers innovative, cloud-based and data-driven solutions for hotels around the globe to maximize revenue. TravelClick enables over 50,000 hoteliers to drive better business decisions and know, acquire, convert and retain guests. The Company’s interconnected suite of solutions includes Business Intelligence, Reservations & Booking Engine, Media, Web & Video and Guest Management. As a trusted hotel partner with more than 30 years of industry experience, TravelClick operates in 176 countries, with local experts in 39 countries and 15 offices in New York, Atlanta, Barcelona, Bucharest, Chicago, Dallas, Dubai, Hong Kong, Melbourne, Myrtle Beach, Orlando, Ottawa, Paris, Shanghai and Singapore. The Company also provides its hotel customers with access to a global network of over 600 travel-focused partners. Follow TravelClick on Facebook, Twitter and LinkedIn.

Contact: Caitlin Kasunich / Christina Panta or / 212.896.1241 / 212.896.1208

Related News

Bulk TV & Internet, DCI Design Communications and EthoStream Unite as Allbridge

NH Hotel Group Joins TravelClick’s Industry-Leading Demand360® Network

World Travel Awards Recognizes TravelClick for Best-in-Class Booking Engine

TravelClick Featured as Key Speaker at 2018 Google Travel Executive Forum

North American Hoteliers Kick Off Second Half of 2018 With Continued Steady Rates and Bookings; Q2 2019 Shows Signs of Softness

Flight Centre's Hotel Management Business BHMA Selects TravelClick's Award-Winning iHotelier® Central Reservations System

TravelClick Partners With The Guestbook to Bring Its Cash Back Rewards Program to Independent Hotels

Amadeus Accelerates Expansion in Hospitality Sector With $1.52bn Agreement to Acquire TravelClick

TravelClick Hosts 2018 Industry Leaders Summit in Bangkok

Mangalis Hotel Group Adopts TravelClick’s Leading Reservations, Web and Media Solutions

Scenic Hotel Group Adopts TravelClick's Industry-Leading iHotelier® Booking Engine 4.0

Hoteliers Round Out First Half of 2018 With Consistently Strong Bookings and Rates

TravelClick Unveils Latest Version of Hotel Loyalty Solution, Bringing "Reward and Redeem" to Hoteliers

TravelClick Announces New Partnership With SEH United Hoteliers

North American Hoteliers Spring Into Second Quarter of 2018 With Continued Growth

TravelClick Acquires Hospitality CRM Solutions Provider Digital Alchemy

Spring Hotel Outlook Shows Stability and Consistency in North American Markets

Rate and Bookings Growth Continue Positive Trend for Hoteliers in Early 2018

TravelClick and Google Expand Partnership to Help Hoteliers Maximize Revenue in an Increasingly Competitive Market

TravelClick Launches Artificial Intelligence-Powered Campaign Advisor

All News »

Please login or register to post a comment.