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Lodging

Pegasus: GDS Hotel Bookings Increase In September

By Michael B. Baker / October 29, 2013 / Contact Reporter
Business Travel News on X

Strong demand in September boosted hotel reservations through global distribution system channels by 4.4 percent year over year, according to Pegasus Solutions.

For the first nine months of this year, net hotel reservations through GDS channels were up 3 percent versus the prior-year period, and the average daily rate on those bookings increased by 0.6 percent, Pegasus reported. In September, ADR on bookings through GDS channels edged up 0.3 percent.

September net GDS reservations were higher than last  year in North America (up 0.9 percent), South America (up 6 percent) and Europe (up 7.6 percent), and lower in the Africa/Asia/Oceana region (down 3.9 percent). September ADR, however, was down in every region except North America.

According to Pegasus, the latest data showed that business travelers are taking more trips. "Corporate profits are improving in general, but companies are still cautious with spending," the firm wrote. "Some, particularly in industries such as technology and professional services, have excess cash. As travel is recognized for its role in sustaining and increasing market share, companies are adding trips to capitalize on prime opportunities."

Pegasus projected that hotel bookings through GDS channels will be down year over year in October but higher in November and December. It also forecast ADR to run higher during all three months of the last quarter of 2013.

"October reservation growth may pause, but moderate gains of approximately 3 percent are suggested for November and December until easing closer to prior year in January," Pegasus reported. "Rates look to dependably support revenue, remaining at or above prior year through the start of 2014."

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