Global occupancy exceeds pre-pandemic summer

Global occupancy exceeds pre-pandemic summer

[Credit: NASA on Unsplash]

Worldwide: Data from Amadeus reveals that global hotel occupancy has exceeded pre-pandemic levels throughout the summer, increasing by three per cent compared to 2019.

Information collected from Agency360 and Demand360 data sources at Amadeus show that, for July and August 2022, hotels have seen an occupancy average 67 per cent. 

Mirroring this trend, booking lead times virtually match 2019 behaviour with 53 per cent of bookings made in a seven day window compared to 53 per cent within the same time frame in 2019.

For the remainder of 2022, global group occupancy is between one and two per cent of pre-pandemic levels. In fact, data shows that group bookings are moving into early 2023 with 4.3 million bookings already made for the first half of next year.

Business travel is also recovering steadily, with bookings across all major global distribution systems increasing 98 per cent in August 2022 compared to January this year. According to a survey by Amadeus, 60 per cent of travel agents are logging into the GDS more than four times a day.

Katie Moro, VP of data partnerships for hospitality, Amadeus, said: “It is very encouraging to see such positive data this summer across all segments of hospitality. As the appetite to travel looks set to continue to build in the forthcoming months, it is essential that hoteliers and destination marketers have accurate, forward-looking data insights to enable them to maximise their revenue strategies and minimise the ongoing challenges connected to staff shortages. With this insight, they can also understand more about who is travelling, enabling them to deliver a truly differentiated experience.”

Amadeus’ Agency360 tracks travel agent bookings across three GDS providers: Amadeus, Sabre and Travelport. Demand360 offers hoteliers market occupancy insight from over 35,000 data providers including two years of historical and one year forward data.

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