Procurement
Overall committed occupancy at North American hotels during the next 12 months is up 3 percent, and the average daily rate on those bookings is up 4.1 percent,
according to data from TravelClick. Transient business bookings are up 5.1 percent year over year with a 4.2 percent increase in ADR, while group occupancy is up 2.1 percent year over year with a 1 percent increase in ADR. TravelClick's data is based on group sales commitments and individual reservations on the books from July 2014 through June 2015 in 25 major North American markets.