Global leisure daily hotel rates achieved a brand new growth record
Global leisure daily hotel rates achieved a brand new growth record of +5.1% over prior year in June, consistent with second quarter data released today by Pegasus Solutions within the Pegasus View. The one largest processor of electronic hotel transactions reported that together with solid performance for holiday travel, business travel maintained prior year levels for both bookings and rates in the course of the off-season. As rates continued to grow for the leisure channel globally, booking growth paused in June, coming within -2.0% of June 2012. After spring closed with substantial booking growth of +6.2% and +3.7% over prior year in April and should, the stall continues to be positive given the general growth it represents. June 2012 increased by +8.5% over 2011, and June 2011 increased by +7.5%...
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