Third-quarter business transient bookings at
North American hotels are down 4.9 percent from this same time last year,
according to TravelClick. Average daily rate for the segment is up 2.1 percent.
Group reserved occupancy for the third quarter is up 2.7 percent from last
year, while ADR is up 4.4 percent. Looking ahead, fourth-quarter bookings for
the business transient segment are down 2.5 percent and group bookings are up
1.3 percent. TravelClick's September North American Hospitality Review looks at
group sales commitments and individual reservations in the 25 major North
American markets for hotel stays booked by Sept. 1, 2016, for between September
2016 to August 2017.