Eric Oppegaard
North American hoteliers are closing 2017 with “healthy gains” across all travel segments, but especially group travel, according to TravelClick.
The holidays have come early for North American hoteliers, which are closing 2017 with “healthy gains” across all travel segments, according to hotel consultancy TravelClick, which yesterday published its October 2017 North American Hospitality Review (NAHR).
Overall, average daily rates (ADR), occupancy, and revenue per available room (RevPAR) are up 1.6 percent, 4.3 percent, and 6 percent, respectively, for the fourth quarter, according to TravelClick, which said the group travel is performing especially well, with ADR, occupancy, and RevPAR up 2.6 percent, 7.8 percent, and 10.6 percent, respectively.
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