GDS hotel bookings in June jumped 23.5 percent year over year and average daily rate grew 6.3 percent, according to Pegasus Solutions - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

July 29, 2010 - 10:01 AM ET

GDS hotel bookings in June jumped 23.5 percent year over year and average daily rate grew 6.3 percent, according to Pegasus Solutions . In North America, hotel ADRs for bookings in global distribution systems increased 3.3 percent. The 7.5 percent growth outside North America represented "the highest ADR growth year-to-date," according to Pegasus. "Increasing demand witnessed by healthy booking volumes indicates there is yet more room to raise rates and realize additional revenue potential."

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

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
Despite rising client activity, Hogg Robinson Group expects profits to fall during its current fiscal year,... read more »
The Global Business Travel Association Foundation partnered with the Winit–Women In Travel association,... read more »
Protravel International named as president former Directravel president Patrick Fragale, effective Aug. 4,... read more »
Carlson Wagonlit Travel signed a "multifaceted, multiyear" deal with International SOS... read more »
Radius Travel added partners in Ghana, Pakistan, Paraguay, Uruguay and Yemen.... read more »
Carlson Wagonlit Travel's Eric Norberg will run unopposed for the Global Business Travel Association's allied member director-at-large board seat,... read more »
The Association of Corporate Travel Executives announced a formal affiliation with Russia's Association of Business Travel.... read more »
Carlson Companies agreed to purchase from a JPMorgan Chase division the 45 percent stake in Carlson Wagonlit Travel that it did not already own.... read more »
Carlson Wagonlit Travel appointed Sony executive Chris Bowen to serve as senior vice president for the United Kingdom and Ireland.... read more »
Travel agency support company ABC Global Services partnered with Emergency Travel Services to provide after-hours assistance.... read more »
AirPlus International veteran Volker Huber joined HRS as senior vice president of corporate solutions.... read more »