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Exclusive: Choice reports direct bookings boom, continued RevPAR growth

Hotel Management

In 2022, Choice Hotels Australian RevPAR rose 31% on 2019, with average daily rates (ADR) up 10% on the same period. Corporate bookings have also increased across the group, with global distribution system (GDS) room nights up 42% compared to 2021.

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8 Essential Features To Consider When Choosing a Revenue Management Solution for Your Hotel

STAAH

This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions. An RMS that can sync seamlessly with various channels allows hoteliers to update room rates and availability across all platforms simultaneously, minimizing the risk of overbooking and ensuring maximum exposure to potential guests.

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Hanging Gardens of Bali maximises sales and improves channel management with SiteMinder

SiteMinder

He also added that SiteMinder’s features allowed for improved yield management , which resulted in an increase of average daily rate (ADR) for the property.

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SiteMinder: Traveler confidence surges post-pandemic

Hotel Business

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

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SiteMinder’s Hotel Booking Trends: New analysis of 100 million reservations shows surge in global traveller confidence for 2023

SiteMinder

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

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2023 in Review: A Year of Improving the Travel Experience for Everyone, Everywhere

Amadeus Hospitality

The enhanced Agency360+â„¢ corporate performance dashboard delivers greater insight into corporations that are being booked via the Global Distribution System (GDS) in individual markets, providing users with more clarity as to which corporations and associated travel agencies are bringing the most value to their business.

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Hotel industry statistics: Guide for hotels

SiteMinder

globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Hotel occupancy will increase 2.5% in the next 12 months. Online sales in the hotel segment will generate 80% of total revenue in 3 years. million people.