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Amadeus Launches Market Forecasting Tool for Hoteliers

Amadeus said on Wednesday that it had launched a market forecast capability "to help hoteliers accurately track revenue and manage costs." ....

Katie Moro , Hospitality Industry Technology Exposition , Memorial Day ,

Global hotel occupancy surpasses 2019 levels for first time

According to Amadeus’ Demand360 business intelligence data, hotel reservations have been on par with pre-pandemic 2019 booking levels since March of this year. April 2022 was the first month to surpass 2019 occupancy levels and this continued to climb in May hitting a new high of 63%, compared to 60%… ....

United Kingdom , Katie Moro , Amadeu Demand , Data Partnerships ,

Amadeus: Global hotel occupancy surpasses 2019 levels

Amadeus: Global hotel occupancy surpasses 2019 levels
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United Kingdom , Katie Moro , Amadeu Demand ,

Global Hotel Occupancy Surpasses 2019 Levels for the First Time Since the Pandemic Started

Data reveals transient average daily rate achieved on room bookings globally has increased by 11% over 2019 with the majority of hotel bookings still being made within a week of travel.
With two years of summer holidays lost to COVID-19 restrictions and uncertainty, there is huge pent-up demand for travel as we enter the 2022 summer season. It is expected to be the busiest since the pandemic began, and hoteliers need to anticipate and be prepared for the demand amidst ongoing challenges amplified by the pandemic.
According to Amadeus’ Demand360® business intelligence data, hotel reservations have been on par with pre-pandemic 2019 booking levels since March this year. April 2022 was the first month to surpass 2019 occupancy levels and continued to climb in May hitting a new high of 63%, compared to 60% in May 2019. High performing countries like the US saw occupancy levels of 68% for the month, 7% above 2019’s performance, while Canada reached 64% occupancy in May, 8% higher ....

United Kingdom , Katie Moro , Amadeu Demand , Vice President , Data Partnerships ,

Summer hotel rates and occupancy to outpace 2019 | Business Travel News Europe

Global hotel occupancy and average daily rates are outpacing pre-pandemic levels, although booking windows remain short, according to data released by Amadeus. ....

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