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demand360

Home/Tag: demand360

demand360

demand360

Global Hotel Occupancy Surpasses 2019 Levels for the First Time Since the Pandemic Started

Amadeus’ Demand360 | June 16, 2022

•  Global hotel occupancy levels for April and May 2022 have exceeded pre-pandemic levels. Amadeus’ unique forward-looking data shows global hotel bookings in June, July, and August 2022 are on par with 2019 with the potential to grow significantly. •  Data reveals transient average daily rate achieved on room bookings globally has increased by 11% over 2019 with the majority of hotel bookings still being made within a week of travel. With two years of summer holidays lost to COVID-19 restrictions and uncertainty, there is huge pent-up demand for travel as we enter the 2022 summer season. It is expected to be the busiest since the p...

Amadeus Data Alert: Memorial Day 2022 On Track to Exceed 2019 Hotel Market Performance

Amadeus | May 23, 2022

As the summer travel season starts in the US, top markets for travel during the Memorial Day holiday weekend reflect a broad range of climates and activities including resort areas in Hawaii and Florida, major city centers, and smaller communities in the northeast and west.  According to Amadeus’ Demand360® data as of May 15, 2022, occupancy is currently at 51% for the United States Memorial Day holiday weekend, with guests arriving on Friday, May 27 and departing Monday, May 30. This is matched to hotel occupancy for the same time in 2019 and exceeds occupancy in 2021 (47%) and 2020 (11%).  When we consider that booking lead times ar...

Amadeus Unveils Five Defining Trends for the US Group Travel and Events Industry in 2022

Amadeus | April 6, 2022

•  Forward-looking on-the-books hotel group occupancy rates for 2022 in the US already match the total made in 2021, and outperform 2020 •  Data points to significant uptick, particularly in unique markets, but bookings will be smaller in both size and value with shorter lead times As hoteliers evaluate their group business opportunities for 2022, a new report from Amadeus combines hotelier insights with Amadeus business intelligence data to reveal the key trends that will guide the group travel and events market in the year ahead. According to Amadeus’ Demand360® data, 2022 is showing a significant rise in group travel booking ...

Wyndham Teams Up With Amadeus for Business Intelligence Insights

Amadeus | February 9, 2022

The world’s largest hotel franchising company leverages Amadeus’ Demand360® to enhance demand generation strategies. Increasingly, hoteliers are turning to data to build more informed business strategies that take into account shifting traveler demographics, booking behaviors, and preferred channels for their properties. To gain a broader view of market performance across its organization and in turn, enhance its demand generation strategies, Wyndham Hotels & Resorts has selected Amadeus Demand360®. Demand360 provides the industry’s most comprehensive, forward-looking on-the-books data, enabling hoteliers to measure their mark...

IDeaS and Amadeus Expand Technology Partnership to Expedite Hospitality Industry Recovery

IDeaS | September 23, 2021

Two hotel technology pioneers and global leaders work together to ensure frictionless client experience MINNEAPOLIS—Sept. 23, 2021— IDeaS, the world’s leading provider of revenue management software and services, and Amadeus (OTC US:AMADY), the leading provider of IT solutions for the travel and tourism industry, have announced an expanded partnership to aid mutual client recovery. The combined power of IDeaS and Amadeus’ best-of-breed technology solutions deliver accessible, actionable data insights via seamless integrations to help hoteliers recover stronger and grow revenue faster. •  Improving sales and catering efficiency:...

Amadeus Launches Agency360+ to Expand Hotelier Access to Leisure and Business Travel Insights

Amadeus | August 31, 2021

By deepening visibility into GDS channel performance, Agency360+™ users can now view additional agency and corporate business production, enhanced with data from Amadeus’ Demand360® More than a year into COVID-19, hoteliers are recognizing that the pace of recovery as well as the segments influencing the return of travel will look different worldwide. Leisure travelers have been driving the most demand for hotels, with business travel gradually increasing. Today, data from Amadeus’ Agency360® shows that the professional services, healthcare, technology, financial, and aerospace/defense sectors are providing the highest contribution...

Amadeus Data Alert: Hotel Occupancy Insight for the U.S. Memorial Day Holiday Points to Strong Start for Summer Travel

Amadeus | May 26, 2021

As the school year winds down in many states, Memorial Day starts the summer vacation season in the United States.. Amadeus, a global leader in travel technology, with its unique ability to track forward-looking hotel occupancy in major markets around the world, is seeing continued positive momentum in hospitality based on hotel occupancy for Memorial Day weekend. The top five destinations based on hotel occupancy are: Moab, UT Key West, Florida Sierra Vista, Arizona Destin, Florida Hilton Head Island, South Carolina All five destinations are tracking over 80% occupancy for the weeks leading up to the holiday, which ...

Global Hotel Occupancy Reaches Two-Thirds of Pre-Pandemic Levels in April 2021, and Hoteliers Optimistic for the Future According to New Amadeus Resea

Amadeus | May 13, 2021

Since the start of the pandemic, hoteliers have had to rethink many aspects of their business to accommodate new safety procedures, cater to changing guest needs and survive in an extremely complex operating environment. New research from Amadeus reveals how the hospitality industry worldwide has adapted, as well as the trends hoteliers think are likely to stay as the industry rebuilds. Amadeus’ Demand360® business intelligence data shows that hotel occupancy levels are now on an upward trajectory. Worldwide occupancy reached 46% in April 2021, up from the low point of just 13% in April 2020. This means that global hospitality occupancy...

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