financeLodging Magazine··1 min·For: Owner, GM, Revenue, Marketing, Investor
SiteMinder Data Shows Strong Summer Hotel Bookings
New data from SiteMinder indicates that U.S. hotel bookings remain robust for the summer, with booking volumes exceeding 100% of 2023 levels for late August.
Key Takeaways
- 1Monitor the 14-day booking lead time trend, which is currently down from 16 days last year, to optimize last-minute availability.
- 2Prepare for a late August surge as SiteMinder reports booking volumes at 104% of 2023 levels for that period.
- 3Capitalize on international growth as 24% of June arrivals are expected from overseas travelers, up from 22% in 2023.
Source: Lodging Magazine
Keep reading
Our reporting
More in finance