The group segment shows an increase of 1.8% room nights committed. New group business added over the last month (pace) has slowed considerably over the last month, and is down -4.2% over the comparable period last year. Transient room nights booked is slightly up 2.8% compared to the same time last year. Although the demand outlook has softened slightly, average daily rate (ADR) is still showing relatively strong gains, up 3.4% based on reservations currently on the books for 2013. For the first quarter of 2013 (January – March), overall committed occupancy is up 1.8% year-over-year for the top 25 markets. Committed occupancy for the group segment is down -1.0% and the transient segment demand is up 3.8 % compared to a year ago. ADR for the first quarter shows growth up 3.7% compared to the same time last year. Business segment ADR, which includes weekday transient negotiated and transient retail segments, is up 5.0%. Leisure segment ADR, which now includes transient discount, transient qualified and transient wholesale segments, is up 5.7%. Get the full story at TravelClick (PDF 516 KB)