GDS Hotel Bookings Lose Momentum In September - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

GDS Hotel Bookings Lose Momentum In September

November 09, 2012 - 01:10 PM ET

By Michael B. Baker

Hotel bookings through global distribution systems in July and August nearly kept pace with 2011 levels but dipped in September, according to Pegasus Solutions.

GDS bookings were down about 3 percent year over year in July and August but dropped to 7.8 percent in September. The average daily rate of those bookings have been near or slightly higher than the prior year. The data reveals a "conservative approach toward travel decisions," which could ease in the coming months, according to Pegasus.

"Forward-looking global rates evidence that business travel demand has not waned," the report said. "Reservations will continue to improve as economic uncertainties, like the conclusion of the U.S. election, ease and corporations gain more confidence in making both short-term and long-term decisions."

In North America, GDS bookings were down about 5 percent year over year in July and August and 8.1 percent in September. ADR was up 1 percent in September and 4 percent during the first nine months of the year.

Outside of North America, GDS bookings increased 1.4 percent in July from 2011 levels, were about flat in August and down about 7.5 percent in September. ADR was about 5 percent lower than the prior year on average.

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus