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Hotel Industry Poised for Growth Leading Into Summer

Hotel Industry Poised for Growth Leading Into Summer

NEW YORK—The hotel industry continued on its positive growth trajectory in the second quarter 2014 and for the next 12 months, showing gains in both occupancy and average daily rate (ADR), according to data from the May 2014 TravelClick North ...

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Travelers Booking More Hotel Reservations Online

Travelers Booking More Hotel Reservations Online

NEW YORK—In the first quarter 2014, online channels–which include Online Travel Agents (OTAs), hotel websites (Brand.com), and global distribution systems (GDS) used by travel agents–continued to grow in popularity among individual business and leisure travelers, according to data from the ...

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Leisure Travel Leads the Charge in Booking and Rates

Leisure Travel Leads the Charge in Booking and Rates

NEW YORK—The hotel industry saw a healthy start to the year and is continuing to show gains in both demand and average daily rate (ADR), according to data from the April 2014 TravelClick North American Hospitality Review (NAHR). The transient ...

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Hotels Continue Modest Gains in Bookings, Room Rates

Hotels Continue Modest Gains in Bookings, Room Rates

NEW YORK—Hotels are continuing to experience consistent growth in 2014, according to data from the March 2014 TravelClick North American Hospitality Review (NAHR). Both the transient (individual business and leisure travelers) as well as the group segment are seeing slow ...

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Thoma Bravo to Acquire TravelClick for $930 Million

Thoma Bravo to Acquire TravelClick for $930 Million

SAN FRANCISCO—Thoma Bravo LLC, a private equity investment firm, announced that it has entered into an agreement to acquire TravelClick, a global provider of revenue generating cloud-based solutions for the $500 billion global hospitality industry. Thoma Bravo has agreed to ...

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