Hotel rates rise, bookings fall
Business and leisure hotel bookings dropped in June from last year’s levels both globally and in North America, says the just-released ‘Pegasus View’ survey conducted by Pegasus Solutions.
While bookings dropped, rates increased.
The survey says corporate bookings dropped by double digits both worldwide and in North America. Leisure bookings sank by a smaller margin.
Hotel rates rose globally and in North America for both business and leisure markets. Pegasus reports a nearly +3.0 percent increase for June for the global corporate market. North American rates beat global ones by double, rising +6.0 percent over last year’s performance.
Leisure rates also rose, but at a slower rate, hiking +2.2 percent globally and +1.9 percent in North America.
Gretchen Kelly
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers
Air Mauritius reduces frequencies to Europe and Asia for the holiday season