Double digit growth in global hospitality industry for Q4 2023

2023 global hotel occupancy levels are trending 10% ahead of 2022 with Q4 on-the-books reservations up 11% over last year, according to Amadeus data PORTSMOUTH, New Hampshire, 2023-Sep-27 — /Travel PR News/ — There is sense of buoyancy in the global hospitality industry as we head into the fourth quarter of 2023. According to new Demand360® business intelligence… Read the full press release

KAYAK adds two new properties in Mexico, KAYAK Sol and KAYAK Luna

Leading Metasearch Company opens two new properties in Mexico, KAYAK Sol and KAYAK Luna STAMFORD, Conn., 2021-Nov-18 — /Travel PR News/ — KAYAK, the pioneer in travel metasearch, announces two additional branded hotels in Playa del Carmen, Mexico. They join their sister property in Miami Beach as physical locations where KAYAK can build and test new accommodation software. “We’re reimagining… Read the full press release

Comfort hotel brand plan to open 56 new properties this year

Rockville, Md., 2017-May-06 — /Travel PR News/ — The Comfort hotel brand continues an aggressive plan this year, expecting to open 56 new properties, essentially a new hotel each week. As part of Choice Hotels International, one of the world’s leading hotel companies, the new properties showcase the brand’s significant growth and reflect the brand’s strategic transformation… Read the full press release

Hoteliers Face Challenge of Flattening Reservation Pace

  Still, North American Markets See Uptick in Rates Across Travel Segments New York, 2017-Mar-04 — /Travel PR News/ — As North American hoteliers progress through the early months of 2017, the pace of new bookings is flat with new February reservation commitments at -0.8 percent. However, average daily rates (ADR) for the first and second… Read the full press release

TravelClick’s NAHR February 2015: Hotels See Decline in Group Pace but RevPAR Performance Remains Strong

Hotels See Decline in Group Pace but RevPAR Performance Remains Strong NEW YORK, 2015-2-26 — /Travel PR News/ — Hotels in major North American markets continued to maintain positive growth in rate across all travel segments according to data from the February 2015 TravelClick North American Hospitality Review (NAHR). Overall, average daily rate (ADR) growth continues… Read the full press release

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