Travel Daily News - Closing out 2017, North American hoteliers see solid gains in rates and bookings
All travel segments end year with strong Revenue Per Available Room (RevPAR) in Q4.
NEW YORK – TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, announced new data from the company’s December 2017 North American Hospitality Review (NAHR). According to this data, as North American hoteliers transition from 2017 into the New Year, all travel segments in the fourth quarter of 2017 are experiencing growth in both average daily rates (ADR) and bookings, up 1.2 percent and 4.3 percent, respectively. TravelClick also found that RevPAR for these segments is up a notable 5.6 percent during this time.
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