The Latest Hospitality Industry News & Trends - TravelClick

Hotel Marketing – Room Rates Primary Driver of Growth in Q4 2015 and Q1 2016

TravelClick

By Editorial Staff, Hotel Marketing

​As hoteliers round out 2015 and head into the New Year, properties in major North American markets are experiencing steady increases in bookings, with 21 of the top 25 markets showing committed occupancy growth within the past month.

However, there continues to be a strong reliance on increasing average daily rates (ADR) to achieve revenue per available room (RevPAR) growth, which will remain critical into 2016, according to new data from TravelClick’s December 2015 North American Hospitality Review (NAHR).

Read more at Hotel Marketing

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