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25. Hotels in Central/South America Report Q1 2016 Decrease in Occupancy
Compared with Q1 2015, hotels in the Central/South America region reported a 4.6% decrease in occupancy to 55.8%, a 9.7% increase in ADR to US$96.39, and a 4.7% rise in RevPAR to US$53.79. Argentina saw a 3.7% decrease in occupancy to 56.4% but significant growth in ADR (+54.8% to ARS1,637.70) and RevPAR (+49.1% to ARS923.90) due to the sharp devaluation of the Argentine peso and h
26. Positive Q1 2010 GDS and ADS Booking Numbers
Positive Q1 2010 GDS and ADS Booking Numbers. Pegasus Solutions has issued the March edition of The Pegasus View, a report that indicates a tipping point in booking confidence, especially in business travel. Based on data drawn from billions of global distribution system (GDS) and alternative distribution system (ADS) transactions for the month, March’s The Pegasus View shows futur
27. AirAsia X Reports 20.9% Growth for Q1 2013
AirAsia X carried 0.65million passengers in Q1 2013, a growth of 20.9% over the same quarter in 2012 for its continuing routes. The airline’s fleet as at 31 March 2013 remains at 9 Airbus A330s and 2 Airbus A340s. The tenth A330 was delivered in April 2013. On 16 February 2013, AirAsia X launched its inaugural flight to Jeddah followed by Shanghai on 19 February 2013. AirAsia X now
28. Double Digit Q1 Growth for WORLDHOTELS
Double Digit Q1 Growth for WORLDHOTELS. In terms of individual booking channels, this means a double digit growth in revenue and room night production across all channels. For example WORLDHOTELS was able to increase its room nights booked via the global distribution systems (GDS) by 20%, via call centres by 86%, via its booking engine Resmaster by 92% and via its website by 113%.
29. Amadeus Reports Q1 Results
Amadeus Reports Q1 Results. Amadeus has reported year-on-year financial results for the first quarter (three months ending 31st March 2010) that show an increase in adjusted net income of 58.1% to reach €128.9m, backed by a growth in revenues of 13.4% to €705.3m and an improvement in adjusted EBITDA by 26.1% to €280.3m. This continues Amadeus’ trend for steady growth, following an
30. Hotels in Asia Pacific Report Q1 2016 Increase in OR and RevPAR
Compared with Q1 2015, hotels in the Asia Pacific region reported an 1.7% increase in occupancy to 66.6%, ADR remained nearly flat (-0.2% to US$105.04) while RevPAR rose 1.5% to US$69.93. Thailand posted positive results in each of the three key performance measurements: occupancy (+4.6% to 83.6%), ADR (+1.4% to THB4,139.08) and RevPAR (+6.0% to THB3,459.55). STR analysts note that
31. European Hotel Industry Reports Q1 2016 ADR, OR and RevPAR Performance
Compared with Q1 2015, hotels in Europe reported a 0.8% increase in occupancy to 61.1%, a 2.3% rise in ADR to EUR102.98 and a 3.1% lift in RevPAR to EUR62.94. Ireland saw a 4.8% rise in occupancy to 66.4% as well as double-digit growth in ADR (+17.6% to EUR107.84) and RevPAR (+23.2% to EUR71.63). The quarterly performance follows recent trends in the country with March being the 16
32. Canadian Hotel Industry Reports Q1 2016 Increase in ADR and RevPAR
Compared with Q1 2015, the Canadian hotel industry’s OR dipped 1.4% to 54.7%; ADR was up 3.4% to CAD136.68; and RevPAR increased 2.0% to CAD74.79. Among the provinces, Prince Edward Island recorded the largest year-over-year increases in occupancy (+18.1% to 36.8%) and RevPAR (+22.0% to CAD36.57). British Columbia posted the only double-digit rise in ADR (+10.1% to CAD151.53) and w

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