Hotels Worldwide; Consumer Internet
Component up 51.6%
|CHICAGO (November 4, 2003)
- TravelCLICK's eMonitor results for the third quarter of 2003 show that
worldwide hotel room nights booked electronically through the Global Distribution
Systems (GDSs) and key Internet sites increased 10.5% versus the same period
last year. Travel Agent bookings made through the GDS bookings were flat,
while room nights booked through Internet travel sites were up 51.6% over
last year. Total electronic room night revenue for the third quarter of
2003 was up 10.3%, and average rate was slightly lower by 0.1%.
eMonitor results are compiled from TravelCLICK's comprehensive database, which is the exclusive source of hotel industry electronic distribution data from the Amadeus, Galileo, Sabre, and Worldspan GDSs. TravelCLICK's eMonitor also includes hotel bookings made through third-party travel Internet Web sites powered by Pegasus Solutions.
"These results indicate a solid recovery for the hospitality industry," said Bruce W. Mainzer, senior vice president of marketing for TravelCLICK. "Room nights booked by Travel Agents were down 7% in the previous quarter, so this improvement along with the increase in ADRs for travel agent GDS bookings demonstrate a strong turnaround."
Travel Agent Component
Travel agent bookings remained the dominant source of GDS and Pegasus hotel e-business, representing 72% of total room nights. The travel agent component of GDS bookings had a 1.8% increase in ADR versus the third quarter of 2002. The average rate for room nights booked through travel agents is 41% higher than the average rate for room nights booked via the Internet. On a year-to-date basis, travel agent room nights were off 3.1% from 2002, while average rate increased 1.3%.
Internet (consumer online) room nights displayed
growth of 51.6% above the third quarter of 2002. Average rate was
up for GDS and Pegasus powered Internet bookings by 4.8% compared to the
third quarter of last year. The ADR of Internet bookings through the GDSs
and Pegasus was $87.35. Year-to-date, the Internet component displayed
a 42% growth in room nights over the first nine months of 2002.
Summary of Electronic Bookings -
Summary of Electronic Bookings -
GDS Performance by Market Segment
Results for the third quarter of 2003 by industry market segment are shown below for GDS bookings only. The luxury category outperformed all the other categories in ADR growth and the economy category outperformed all other categories in room night growth.
GDS Performance by Market Segment -
Top Destination Markets
The top five worldwide destination markets for total GDS and Pegasus third party powered Web room nights during the third quarter of 2003 were:
Top Destination Markets -
To receive a free listing of third quarter results by top 50 cities worldwide in electronic bookings, please e-mail email@example.com. Up to date GDS hotel booking summaries by individual local market are always available for downloading on TravelCLICK's Web site at www.travelclick.net.
Established in 1996 and headquartered in the Chicago area, TravelCLICK operates in more than 140 countries around the world. The company has over 6,000 clients, including national and international companies such as Accor, Air France, Avis, Best Western International, British Airways, Carlson Hotels Worldwide, Choice Hotels, Fairmont Hotels & Resorts, Four Seasons Hotels & Resorts, Grupo Posadas, Hilton Hotels Corporation, Hyatt Hotels & Resorts, Kempinski Hotels & Resorts, Leading Hotels of the World, Loews Hotels, Lufthansa, Marriott International, The Peninsula Group, The Ritz-Carlton Hotel Company, SAS, The Savoy Group, Shangri-La Hotels, Sol Melia, Starwood Hotels & Resorts, Thistle Hotels, USAirways, Virgin Atlantic and Wyndham Hotels & Resorts.
|Also See:||Brand Sites Produce 67% of all Major Hotel Chain Internet Reservations / eTRAK Results / October 2003|
|Hotwire.com Joins TravelCLICK's Consumer Media Network / October 2003|
|Travel Agents Still Rely on GDS for Hotel Selection; 83% of GDS Terminals Receive Text Messaging/Advertising / Ray Cohen / October 2003|
|Hilton International Selects TravelCLICK’s RateVIEW / September 2003|
|TravelCLICK Clients Report High Satisfaction with RateVIEW On-Demand Rate Comparison Tool; Over 1400 Hotels Worldwide Utilize RateVIEW / August 2003|
|TravelCLICK Interactive Combines With iHotelier / June 2003|
|TravelCLICK Gives NYU Investment Conference Attendees Real-Time View of Their Properties’ Electronic Distribution Performance / May 2003|
|Worldwide Hotel Electronic Bookings Up 4.6% in Q1; TravelCLICK’s eMonitor Now Includes Third Party Internet Bookings from Pegasus / TravelCLICK eMonitor / May 2003|
|TravelCLICK Reports Recovery for Hotel Bookings on Internet and GDS since Onset of Iraq War - Company Issues Tips to Hotels: Don't Stay Quiet / April 2003|
|Strategic Hotel Capital Endorses TravelCLICK Products / April 2003|
|Cornell’s Center for Hospitality Research Partners with TravelCLICK to Help Hoteliers Improve Revenue Management Strategies / April 2003|
|Hotels Experienced Considerable Growth in Room Nights Booked Electronically Through the Global Distribution Systems in Q4; Luxury Segment Room Nights Booked Electronically Grow 21% / TravelCLICK eMonitor / Feb 2003|
|Electronic Bookings for Worldwide Hotel Industry Show Improvement - TravelCLICK Issues Third Quarter eMonitor / November 2002|
|Report on Electronic Bookings for Worldwide Hotel Industry Shows Luxury Segment Leads the Way to HotelRecovery in Q2 / TravelCLICK Issues Second Quarter eMonitor / Aug 2002|
|Room Nights Booked Electronically Down 10% from the First Quarter of 2001, Revenue Off 18% / eMonitor / June 2002|
|Worldwide Hotel Room Nights Booked Electronically Through the Global Distribution Systems Down 12% Versus 4th Qtr Last Year / eMonitor / Feb 2002|