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9. Corporate Travel Volume Grows 8.8% in June 2011
The corporate hotel market saw global bookings increase +8.8% in June, according to data from The Pegasus View. The increase reinforces healthy gains made overall in the first half of the year, and could potentially climb to +15% through August, and possibly higher into the third quarter.
10. Consistent ADR Growth for Leisure Hotel Stays in 2013
According to The Pegasus View for Q4 2013, average daily rates paid for leisure hotel stays grew consistently in 2013, ending the year with positive global year-over-year growth for all 12 months. Pegasus Solutions, which helps nearly 100,000 hotels worldwide be found, seen and booked, reports 2013 ended on a positive note with volumes and rates up in both the corporate and leisure
11. Hotel Rates Set New Year-On-Year Growth Record
According to data in The Pegasus View by Pegasus Solutions, hotel ADR continued a northward trend in April 2012, realizing record or near-record growth margins over rates paid in 2011. North American corporate hotel rates set a new year-on-year growth record, increasing +9.3% over 2011, beating a previous record of +7.1% set in February by more than two percentage points.
12. North American Leisure Travel Edges Ahead of Global Market
North American leisure travel outpaced global travel bookings in September by 1.4%, according to data from The Pegasus View by Pegasus Solutions. Overall, the leisure market saw leisure bookings gain momentum worldwide from the +4.2% increase seen in August, evidencing a surge in off-peak travel.
13. Business Travel Recovery Indicated by Hotel Booking Volumes, Net Revenue and ADR
Business Travel Recovery Indicated by Hotel Booking Volumes, Net Revenue and ADR. Globally, the GDS channel, which consists predominantly of business travel bookings, realized February 2010 bookings increases of +3.59%, a jump in net revenue of +2.96% and a rise in ADR of +0.95% over February 2009. North America returned strong performance on the booking front, surpassing February
14. Impact of Hurricane Sandy on Hotels in New York and Atlanta
In New York City, reservations fell by -61% from prior year for arrivals 30 October after the storm made landfall. The next day’s bookings were also -50% below last year, where they remained depressed by at least -25% through 3 November. Cancellations increased by triple-digit percentages over 2011 for stays 28 October through 1 November. Booking declines leveled off after the 11th
15. Eyjafjallajokull Helps European Hotels Net Revenue Explode
Eyjafjallajokull Helps European Hotels Net Revenue Explode. As continued Volcanic activity in Iceland has led to even more airport shutdowns this week, Pegasus’ raw data indicates the aviation industry absorbed the brunt of the Eyjafjallajokull ash cloud’s negative financial impact, while some European hotels realized triple digit jumps in revenue.
16. Global Hotel Rates Outperform Year-to-Date Pace in November
Global ADR for November climbed higher than the year-to-date pace of +3.2% and October’s increase of +2.7%. On a global scale, November leisure bookings jumped +6.0%, up from October’s increase of +4.8%. Leisure performance was especially evident in North America, where bookings rose +7.1% over prior year and leisure ADR increased +4.8%.

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