New York City, NY, US, 2014-1-8 — /travelprnews.com/ — The North American hotel sector finished the last month of 2013 on a positive note, and all signs point to a prosperous 2014. Both group and transient segments (individual business and leisure travelers) ended 2013 showing year-over-year increases in occupancy and average daily rate (ADR), according to data… Read the full press release
Tag Archives: Committed Occupancy
TravelClick North American Hospitality Review: increase in average daily rates the main source of growth for hotels in Q3 2013
NEW YORK, 2013-09-19 — /travelprnews.com/ — While hotels continue to see minimal growth in occupancy, average daily rates (ADR) are increasing across all segments for the third quarter, according to data from the August 2013 TravelClick North American Hospitality Review (NAHR). “While hotels are experiencing RevPAR growth overall – ADR will be the main source of… Read the full press release