DALLAS & LONDON, October 22, 2009: Pegasus Solutions has issued The Pegasus View for September 2009 based on booking data from more than 90,000 hotels worldwide during the month. Available online, the report indicates average daily rate (ADR) for global distribution system (GDS) transactions has reached its highest point to date this year at $162 in September. The report also shows booking lead times remain short in both corporate-driven GDS and leisure-driven alternative distribution system (ADS) transactions.
In the ADS channel, the ADR remains down. The average monthly drop has been around -25 percent year to date; however, September 2009 versus September 2008 was down -17.29 percent, making it the first month this year where the drop has fallen below 20 percent. Looking ahead at business on the books, the ADS channel appears less adversely impacted than GDS year over year through the last quarter of this year and into the first quarter of 2010, according to Mike Kistner, CEO of Pegasus Solutions.
“That said, the GDS channel had a strong month in September 2009. While net reservations were down -3.42 percent compared to September 2008, they increased +8.45 percent in September 2009 compared to August 2009, and actually climbed close to +7 percent when compared to September 2007.
“Looking forward, despite ADR remaining flat, hoteliers are feeling some signs of recovery in the overall volume of reservations year over year. However, ADR looks like it will continue to be challenged, and so a slight rise in reservations volume year over year will not necessarily give rise to an increase in hotel revenue,” said Kistner.
The Pegasus View for September 2009 is available in its entirety online and by free subscription at www.pegs.com. Data reported in The Pegasus View comes from Pegasus Solutions, the world’s single largest global processor of hotel transactions through the four GDSs and ADSs.
