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Cancun, Mexico Cancun, Mexico

North American Hoteliers See Bookings Rise

TravelClick released new data from its ‘January 2018 North American Hospitality Review’, revealing that regional hoteliers started this year with gains across all travel segments during the first quarter.

The data represents a 0.8 percent increase in average daily rates (ADR), also seeing a 2.1 percent rise in bookings.

The transient leisure segment particularly stood out during the first quarter, with bookings rising up to 6.8 percent and strong RevPAR, up 7.3 percent.

For the next 12 months this year, transient bookings are up 3.2 percent year-over-year, and ADR for this segment is up 1.2 percent.

“The inconsistency that most hoteliers experienced throughout 2017 has substantially subsided in recent months, proving that this year is already off to an encouraging start,” said John Hach, senior industry analyst, TravelClick.