Biz travel continues to drive hotel demand

Sunday, 05 Oct, 2011 0

Driven by business travelers, hotel demand for the rest of the year “will continue to be strong,” says TravelClick’s Septemer 2011 North American Hospitality Review.

“Business travelers continue to drive strong hotel performance, which has been the case over the course of 2011,” says TravelClick.

For the next twelve months, committed occupancy is up two percent year-over-year, while average daily rate (ADR) is up 4.8 percent, and revenue per available room (RevPAR) is tracking ahead by 6.1 percent, the report says.

The top five strongest US markets are Detroit, Indianapolis, Philadelphia, Seattle and Chicago.

Markets with negative occupancy growth included Washington, Honolulu, Minneapolis-St. Paul, Denver and Miami.

"As the late summer leisure travel season comes to a close, it is clear that the business travel segment will resume its role as the primary demand driver for US hotels throughout the rest of 2011," said Tim Hart, executive vice president, Business Intelligence, TravelClick.

He added, however, that group travel has slowed in the past month.

"It will need to be determined whether this slower pace is an aberration, or indicates a true slowdown in group demand," he said.

By David Wilkening

 

 

   
               
               

 



 

profileimage

David



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...