Pegasus UltraSwitch data shows slow, but encouraging signs of improvement for the hospitality industry.

The IDS Channel (which mostly comprises leisure-based on-line travel) shows particular signs of growth and North America as a whole, seems to see the volume of hotel bookings improving faster than other regions. The other key data points that we monitor such as GDS net reservations, which had been in a sharp down-turn, have seen the percentage fall slow to single digit percentage decreases.

Forward looking data through December 2009 paints a mixed picture. GDS bookings have stabilized and IDS channels show continued growth. All this gives rise to some optimism and the hope that there is light at the end of the tunnel. However, there is still a way to go before we declare that the industry has recovered, and hopefully the data from the traditionally strong travel months of September and October should give an indication if more robust recovery is to come both for the GDS channel and for Average Daily Rate (ADR) overall.

Download the full report at Pegasus Solutions (PDF, 250KB)