The number of bookings for hotel stays in key European markets and Canada all increased in Q1, but the US saw a “striking drop” in reservations, according to new data from HotelHub.
The corporate booking technology provider handled 1.95 million hotel bookings via travel management companies in the first three months of the year, reporting a stabilisation in both the overall number of Q1 bookings versus a year prior and in the average nightly rate, at $177 globally.
According to HotelHub’s Q1 report, booking volumes for hotels in Canada were up 9.94 per cent year-on-year, while reservations in four of its top European countries all increased: bookings in Sweden were up 9.82 per cent, the UK increased 7.15 per cent, Italy rose 4.61…