Global
Hotel bookings through global distribution system channels in March increased by 30 percent year over year, and average daily rate for March bookings increased by 7 percent, according to Pegasus Solutions
. Lead time and length of stay also increased slightly compared with last year. In North America, bookings were up 25 percent and ADR up 4.8 percent. Outside of North America, bookings increased by 33 percent and ADR by 7.3 percent. Pegasus noted the results showed that "even those markets most depressed by the recession are slowly yet surely rebounding and proving able to lure meetings and conference business back to their doorstep."