TravelClick, a global provider of innovative, cloud-based and data-driven solutions for hotels to maximize revenue, today announced the Company’s expanded data relationship with Hyatt, a leading global hospitality company with a portfolio of 13 premier hotel brands and more than 700 properties in 56 countries.
Group reservations ‘shine’ and business travel posts uptick.
NORTH AMERICAN HOTELIERS are ending the year strong with healthy gains across all travel segments during the fourth quarter of 2017, according to TravelClick.
Aiming to maximise its revenue, Mövenpick Hotels & Resorts has recently adopted TravelClick’s Demand360 programme.
Said to be the only competitive market intelligence product available to the hospitality industry, the cloud-based tool provides powerful forward-looking reservation metrics and competitive share by segment and channel.
NATIONAL REPORT—Technology is an integral part of running a hotel. Here’s a look at some of the solutions providers that hotel companies have chosen to team up with recently.
For two of its Los Angeles properties, Luxe Hotels will offer mobile payment through two providers. Via a partnership with Citcon, the Silicon Valley, CA-based cross-border mobile payment solution provider, guests at Luxe Rodeo Drive Hotel and Luxe Sunset Boulevard Hotel will be able to pay with Alipay and WeChat Pay.
InterContinental Hotels Group® (IHG) has announced an expanded relationship with TravelClick, a global provider of innovative, cloud-based and data-driven solutions for hotels to maximize revenue.
As one of the world’s leading hotel companies, with more than 5,200 hotels worldwide, IHG will utilize TravelClick’s data-driven Hotelligence360® Business Intelligence solutions, including Demand360®, Rate360® and Agency360®, at the corporate level and recommend them for all IHG properties. These solutions will provide IHG with the data and analytics that are required to improve decision making, maximize channel mix and increase revenue per available room (RevPAR).
Fourth quarter data indicates major rebound across all travel segments, despite slight rate and booking declines overall in third quarter of 2017.
NEW YORK – Heading into the last quarter of 2017, fourth quarter data is showing healthy gains across the board, despite slight declines in average daily rates (ADR) and bookings in the third quarter across all travel segments, down -0.5 percent and -0.2 percent respectively, according to new data from TravelClick’s September 2017 North American Hospitality Review (NAHR).
NEW YORK—Heading into the last quarter of 2017, fourth quarter data is showing healthy gains across the board, despite slight declines in average daily rates (ADR) and bookings in the third quarter across all travel segments, which are down -0.5 percent and -0.2 percent, respectively, according to new data from TravelClick’s September 2017 North American Hospitality Review.
While group travel is down -0.3 percent in ADR and -4.6 percent in bookings during the third quarter, the same segment is up 2.7 percent in ADR and 3.6 percent in bookings for the fourth quarter. Similarly, transient business travel is down -0.4 percent in ADR and -0.3 percent in bookings in the third quarter, but the segment is up 2.3 percent in ADR and 0.9 percent in bookings in the fourth quarter.
By Michele McDonald
This year will be a record year for hotel bookings made by travel agents in the GDS channel, a new study by TravelClick predicts.
Based on the study, which surveyed more than 900 travel agents in 52 countries, and on TravelClick’s own data, it forecasts that agents will make 68 million hotel reservations in the Amadeus, Sabre and Travelport systems this year, surpassing 2016’s total by 2 million.
By Andrew Sheivachman
Skift Take: Agents may be placing more hotel bookings through global distribution systems, but the fact remains that hotels would like to move away from expensive distribution channels like these.
By Judy Maxwell
THE PACE OF bookings is on track to increase for North America hotels in the fourth quarter of this year, says TravelClick, which charts reservations across all travel segments.
That means hotels will be less reliant on having to raise rates as a means to increase RevPAR, said John Hach, TravelClick’ s senior industry analyst.