Global Hotel Occupancy in April and May Exceeds Pre-Pandemic Levels, Says Amadeus
Data reveals ADR has increased by 11% over 2019, with short booking windows continuing >>
by: Harvey Chipkin
Global hotel occupancy levels for April and May 2022 have exceeded pre-pandemic levels, according to Amadeus. The company’s forward-looking data shows global hotel bookings in June, July, and August 2022 are on par with 2019, with the potential to grow significantly. Data reveals transient average daily rate (ADR) 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, said the company, there is huge pent-up demand for travel as the 2022 summer season begins. According to Amadeus’ 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 those levels continued to climb in May, hitting a new high of 63%, compared with 60% in May 2019. High-performing countries like the US saw occupancy levels of 68% for the month, 7% above the 2019 level. With high demand, the transient ADR hoteliers are able to achieve has been building steadily from a global low of $83 in April 2020. According to forward-looking Amadeus data for June, July and August 2022, the worldwide average ADR is $200, which is just over 11% higher than in 2019, when the average ADR was $180 for the same months.
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