Summer hotel rates and occupancy will exceed 2019

Global hotel occupancy and average daily rates are above pre-pandemic levels, although booking windows remain short, according to data released Thursday by Amadeus.

According to Amadeus Demand360 data, which is based on bookings for the past two years and upcoming bookings up to a year in advance from 30,000 suppliers, global hotel occupancy this year exceeded for the first time the 2019 levels in April. In May, it was 63%, up from 60% in May 2019. In the UK, hotel occupancy in May was 72%, Amadeus reported.

So far in June, July and August, global hotel occupancy is around 1% below 2019 levels, but Amadeus noted that, lest business travel buyers think that presents an opportunity for lower fares, the numbers should improve as summer rolls around. on.

Amadeus data shows that more than half of travel worldwide is booked within a week of travel. Bookings in the seven-day window account for 33% of bookings in France, 35% in Germany, 36% in Spain, 39% in the UK and 55% in the US, according to the data.

Close bookings “should give hoteliers the confidence to keep their room rates stable and not be tempted to drop them to attract more business,” according to Katie Moro, vice president of data partnerships for hospitality at Amadeus.

Rates are already surpassing those of 2019 globally, with forward booking data from June to August showing a global average daily rate of $200 (around €191), 11% higher than the same period in 2019. In some countries, the increase is higher, such as France, which sees an average daily rate of $428 for July, an increase of 29% compared to July 2019.

Amadeus data also shows an increase in demand for summer car rentals. Bookings for the June-August period are up 33% year-on-year with an average rental length of six days, one day more than the previous year. Average daily car rental rates are also up, to $102 from $92 last year.

Car rental rate data includes taxes and fees, while average daily hotel rates do not, according to an Amadeus spokesperson.

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