Thursday, January 19, 2017

Global hotel bookings up 28.7pc in 2017

Nearly all of the world’s major travel regions are currently outpacing their prior year hotel bookings, with the total number of hotel room nights booked jumping 28.7 per cent around the globe, a new report has revealed.

The 2017 Global Hotel Trends Report released by Tourico Holidays, the world’s fastest growing wholesale travel brokerage company, offers insight on which destinations are trending with consumers coming into the new year. Tourico examined the hotel booking data from nearly 80,000 hotel properties located on more than 4,500 destinations around the world – and compared it to booking data captured at the same time last year, revealing where traveler interests have shifted.

According to the report, North America and the EU, as a source market, have increased their hotel room nights booked for 2017 by 28 per cent year-over-year compared to this time in 2016. LATAM has increased its room nights booked by 43 per cent year-over-year, and Asia-Pacific has increased its room nights booked by 23 per cent year-over-year.

“It’s still early, but it’s extremely encouraging to see that booked hotel room nights for 2017 are already significantly outpacing 2016,” said Lauren Volcheff Atlass, executive vice president of Global Sales at Tourico Holidays. “Even despite attempts to frighten people away from traveling, the industry is not only surviving, but thriving – and the hotel sector in particular, continues to grow.”
 
Strong regional outlooks for 2017 are being buoyed by major tourist countries throughout the world.  Room nights booked in the US have increased by 26 per cent year-over-year.  Meanwhile, the UK’s booked room nights for 2017 have increased by 38 per cent year-over-year. China has increased its booked room nights by 52 per cent year-over-year.  Others, including Canada (over 55 per cent YoY), Mexico (over 37 per cent YoY), Brazil (over 31 per cent YoY), UAE (over 65 per cent YoY), Thailand (over 29 per cent YoY), Australia (over 10 per cent YoY), and Sweden ( over 112 per cent YoY) have also seen significant growth in hotel room nights booked for 2017.
 
“Tourism continues to be a major driver in the world’s economy, and a key indicator of its health can be measured by the growth in hotel bookings,” said Volcheff Atlass. “That said, the data revealed by the Trends Report not only serves our business, but others in the travel ecosystem.” - TradeArabia News Service



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