Bookings Also Stabilizing Throughout Several Markets
NEW YORK – April 9, 2019 – TravelClick, an Amadeus company, today released new data from the Company’s March 2019 North American Hospitality Review (NAHR). According to this data, North American hoteliers are entering the spring season and rounding out the first quarter of 2019 with continued average daily rate (ADR) growth, up 2.3 percent across all travel segments. Group travel ADR is particularly strong, up 4.0 percent in Q1.
Additionally, for the first time in several months, there are signs that bookings are stabilizing across many North American markets, which may continue through the remainder of the year, according to TravelClick’s current data.
Transient reservation pace showing the sharpest decline throughout 2019
NEW YORK – March 20, 2019 – TravelClick, an Amadeus company, today released new data from the Company’s February 2019 North American Hospitality Review (NAHR). According to this data, average daily rates (ADR) are up 2.7 percent across all travel segments during the first quarter of the year, led by group travel, up 3.8 percent. Similarly, the transient business and transient leisure travel segments are also up 2.1 percent and 2.2 percent, respectively. However, bookings have taken a dip this quarter, down -4.5 percent overall. Revenue per available room (RevPAR) is down, as well, except for group travel, which is slightly up 0.5 percent. Transient reservations are slowing.
TravelClick Combines Predictive Data and Machine Learning to Inform Hospitality Marketing Campaign Planning and Maximize Bookings
Hoteliers using TravelClick’s Guest Management Solutions and Demand360® can identify the most valuable time periods to run campaigns.
NEW YORK, March 5, 2019 – TravelClick, an Amadeus company, today announced it is extending its Guest Management Solutions (GMS) with the addition of Demand360 to its Campaign Advisor toolkit. Building on last year’s email send time optimizer, Campaign Advisor now allows hoteliers to take the guesswork out of marketing by providing recommendations on when to run marketing campaigns based on predictive occupancy in the market.
GDS Bookings Increase by 6.4 Percent, Coupled with ADR Growth of 4.2 Percent
NEW YORK, March 4, 2019 – TravelClick, an Amadeus company, today announced that global distribution system (GDS) hotel bookings experienced a record year in 2018, generating over 75 million annual reservations globally, up from 70 million in 2017. The company noted that this global GDS growth coupled with sustained increases in average daily rates (ADR), contributed to impressive revenue per available room (RevPAR) for North American hoteliers as they kicked off the New Year.
Oakwood Transforms Online Booking Experience, Announces New Strategic Partnership with TravelClick for a Best-in-Class Global Reservation System
Oakwood's revamped reservation platform will integrate TravelClick's iHotelier® software, creating an online booking experience that allows users to easily search and book global furnished and serviced apartment accommodations.
LOS ANGELES, Feb. 4, 2019 -- Oakwood, wholly-owned by Mapletree Investments ("Mapletree"), announced today a new strategic partnership with TravelClick, an Amadeus company, that places Oakwood at the forefront of online booking capability, enabling seamless integration with mainstream travel and online booking platforms as well as travel management platforms. The announcement reinforces Oakwood's commitment to its business strategy, which focuses on harnessing technology to deliver a better customer experience. The revamped platform will allow consumers and business travelers alike to book immediately online – a major shift in preferences in a rapidly-changing industry.
Continued Rapid Expansion of Demand360® International Data Providers Helps Hotels Gain Their Fair Share of Bookings
NEW YORK – November 14, 2018 – TravelClick, an Amadeus company, today announced NH Hotel Group, a world-leading urban hotel operator with close to 400 hotels and nearly 60,000 rooms in 30 markets, joined TravelClick’s Demand360® program, a Hotelligence360® solution. This marks the continued rapid expansion of TravelClick’s Demand360 program, which gives hoteliers unique access to forward-looking demand data and allows hoteliers to develop optimal strategies for maximizing revenue.
TravelClick Wins “Australasia’s Leading Hotel Booking Solutions Provider” at 2018 Awards
NEW YORK, October 25, 2018 – TravelClick, an Amadeus company, today announced that the Company has been awarded “Australasia’s Leading Hotel Booking Solutions Provider” by the World Travel Awards this year.
Highlights How the Right Data Helps Hoteliers Drive Better Business Results
NEW YORK – October 24, 2018 – TravelClick, an Amadeus Company, participated as a featured speaker at Google’s seventh annual Travel Executive Forum in Dublin, Ireland, which took place on Sept. 19th and 20th. This follows TravelClick and Google’s announcement earlier this year of their expanded strategic partnership that enables hoteliers all over the world to drive more direct bookings and revenue with early access to new beta products and differentiated data.
MADRID - 05 October 2018 - Amadeus today announces that it has completed the USD $1.52bn acquisition of TravelClick from Thoma Bravo.
The acquisition marks an important step in the Hospitality sector for Amadeus, which has a portfolio of innovative solutions serving hotels and chains of all sizes worldwide.
North American Hoteliers Kick Off Second Half of 2018 with Continued Steady Rates and Bookings; Q2 2019 Shows Signs of Softness
NEW YORK – September 20, 2018 – TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today released new data from the Company’s August 2018 North American Hospitality Review (NAHR). According to this data, the second half of the year has stable rates and bookings across all travel segments, up 1.80 percent in average daily rates (ADR) and 0.51 percent in bookings in the third quarter when compared to the prior year. Group travel in Q3 is also up 1.81 percent in ADR and 0.50 percent in bookings, and the transient segment overall is up 1.80 percent in ADR and 0.52 percent in bookings in the same time period.