November 13, 2018
Booking.com’s alternative accommodations listings surge
In the third quarter, Booking.com reported having 21% more global alternative accommodations listings than it reported having in the same quarter last year.Read more
U.S. hotel rates are still growing, though a bit more slowly as demand has decreased and supply has increased.
According to PwC and American Express Global Business Travel, development has focused on large metropolitan areas, according to Amex GBT, and it’s in those spots where rate growth will slow the most.
- PwC forecasts that U.S. ADR will increase 2.4% to an average of US$ 129.72 in 2018
- Amex GBT forecasts that U.S. ADR will increase 2.5% in 2018.
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