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Global Hotel Occupancy Exceeds Pre-Pandemic Levels in July and August With a Strong Q4 Forecasted Across All Segments

Group and business travel segments are showing steady recovery in Q4, with 4.3 million group room nights already booked for H1 2023. After an outstanding summer of travel, Amadeus’ Agency360® and Demand360® data sources are showing strong recovery indicators for the remainder of 2022 and evidence of growing traveler confidence as the sector looks towards 2023. Amadeus’ in-depth Demand360® business intelligence data, which offers both retrospective and forward-looking insights to inform revenue strategy, reveals that global hotel occupancy has exceeded pre-pandemic levels consistently throughout the summer. For July and August 2022, hotels have seen a global occupancy average of 67% compared with an average of 64% over the same timeframe in 2019 - a 3% increase from 3 years ago. These positive trends indicate consistent consumer confidence when it comes to booking travel for future stay dates, laying excellent foundations for a strong Q4 where on-the-books data is already outpac

Global hotel occupancy surpasses pre-pandemic levels

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Global hotel occupancy surpasses 2019 levels for first time

According to Amadeus’ Demand360 business intelligence data, hotel reservations have been on par with pre-pandemic 2019 booking levels since March of this year. April 2022 was the first month to surpass 2019 occupancy levels and this continued to climb in May hitting a new high of 63%, compared to 60%…

Amadeus: Global hotel occupancy surpasses 2019 levels

Amadeus: Global hotel occupancy surpasses 2019 levels
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Global Hotel Occupancy Surpasses 2019 Levels for the First Time Since the Pandemic Started

Data reveals transient average daily rate achieved on room bookings globally has increased by 11% over 2019 with the majority of hotel bookings still being made within a week of travel. With two years of summer holidays lost to COVID-19 restrictions and uncertainty, there is huge pent-up demand for travel as we enter the 2022 summer season. It is expected to be the busiest since the pandemic began, and hoteliers need to anticipate and be prepared for the demand amidst ongoing challenges amplified by the pandemic. According to Amadeus’ Demand360® business intelligence data, hotel reservations have been on par with pre-pandemic 2019 booking levels since March this year. April 2022 was the first month to surpass 2019 occupancy levels and continued to climb in May hitting a new high of 63%, compared to 60% in May 2019. High performing countries like the US saw occupancy levels of 68% for the month, 7% above 2019’s performance, while Canada reached 64% occupancy in May, 8% higher than

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