Tourico Holidays Releases Holiday Hotel Report

Global Wholesaler Shares Hotel Booking Trends for 2016 Holiday Travel

ORLANDO, Fla.–(BUSINESS WIRE)–Tourico
Holidays
, the world’s fastest growing wholesale travel brokerage
company, today shared its inaugural Holiday Hotel Report – offering data
and trends in hotel booking behavior during the holiday season.

1. Inbound USA – Hotel bookings made weeks 1-47 to the United
States for hotel check-ins between weeks 51-52 (December 19 to January
1) [2015 vs 2016 year-over-year]

Source Markets:

  • USA = +15%
  • China = +84%
  • United Kingdom = +7%
  • Canada = +113%
  • Brazil = +5%
  • Mexico = +28%
  • Australia = +77%
  • UAE = +120%
  • Spain = +42%

2. Outbound USA – Hotel bookings made weeks 1-47 from the United
States for hotel check-ins between weeks 51-52 (December 19 to January
1) [2015 vs 2016 year-over-year]

Destinations:

  • USA = +15% (same as above)
  • China = -3%
  • United Kingdom = +45%
  • Japan = +52%
  • Canada = +62%
  • Mexico = +29%
  • Costa Rica = +30.5%
  • France = +74%

3. Top 10 Holiday Destinations with Lead Times – Top ten markets
for total hotel bookings made in weeks 1-47 for check in weeks 51-52

1. NYC (Median lead time for bookings 89 days)

2. Las Vegas (Median lead time for bookings 62 days)

3. Orlando (Median lead time for bookings 83 days)

4. London (Median lead time for bookings 71 days)

5. Paris (Median lead time for bookings 68 days)

6. Cancun (Median lead time for bookings 82 days)

7. Miami (Median lead time for bookings 83 days)

8. Rome (Median lead time for bookings 67 days)

9. Honolulu (Median lead time for bookings 124 days)

10. Dubai (Median lead time for bookings 82 days)

4. YoY Bookings and ADR for Popular U.S. Cities – Year-over-year
hotel bookings and average daily rates for popular U.S. cities during
weeks 51-52 (December 19 to January 1)

  • New York City: +38% YoY hotel bookings
    during the holidays with average daily rates decreasing by $2.53
  • Orlando: +6% YoY hotel bookings during
    the holidays with average daily rates increasing by $12.33
  • San Francisco: +16% YoY hotel bookings
    during the holidays with average daily rates increasing by $5.11
  • Los Angeles: +7% YoY hotel bookings
    during the holidays with average daily rates increasing by $24.61
  • Washington D.C.: +45% YoY hotel bookings
    during the holidays with average daily rates increasing by $9.48

Tourico Holidays contracts over 100,000 hotels globally and its database
receives over 180,000 searches per minute – or over 250 million searches
per day.

“By analyzing hotel booking behavior – including changes in prices,
demand, and lead time – we’re able to provide a snapshot of the holiday
travel market,” said Lauren Volcheff Atlass, Executive Vice President of
Global Sales and Marketing for Tourico Holidays. “And, as usual, inbound
and outbound U.S. travel during the holidays remains extremely strong.”

About Tourico Holidays
Tourico Holidays is a leading global
travel distribution company that contracts directly with travel
providers, such as hotels, flights, cruise lines, attractions, car
rentals, vacation homes and more. Tourico Holidays works on a
high-volume, wholesale model to broker this inventory to over 4,900
clients in 100 countries using proprietary technology.

Contacts

Tailwind PR
Pete Bahrenburg, 802-497-1932
pete@tailwindpr.com