Historical Market Insight
Amadeus | March 31, 2021
Combining 2019 and 2020 historical market performance with 12 months of forward-looking, on-the-books occupancy and pace data, hoteliers can now view 36 months of the industry’s most comprehensive booking data to create more informed recovery strategies. For more than a year, the global travel industry has been impacted by unprecedented uncertainty due to the spread of COVID-19. Changing travel regulations across all regions of the world forced hoteliers to make challenging decisions for their business. Where they once relied on the prior year’s performance to inform their strategy, hoteliers quickly found that during a global pandemic, ...
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