Thursday, February 07, 2013

GDS corporate booking volume back on track



According to new Pegasus data, December closed 2012 on a positive note overall for both business, with future hotel stays suggesting plenty of potential. Corporate booking volume through the GDS channel is back on track worldwide, while rates continue to push ahead of 2011.

The global GDS channel took a reassuring upturn in December after intensified political uncertainty bred hesitation in November. Net bookings rose to match last year’s substantial volume, a feat only achieved three other months in 2012; one being February, which was lifted by leap year’s extra day. Rates also turned up a notch in December, keeping pace with prior year, and surpassing December 2011 by +1.8%.

Corporate travel will play a primary role in the travel industry’s stability and success. Business booking volume can vary against prior year month-to-month, but volume remains robust at rates that are dependably solid.

In an international survey conducted by Frequent Business Traveler magazine in conjunction with Flyer Talk  business travelers will reportedly be taking to the road more in 2013. Almost 50% of those surveyed expect to be on the road more often than they were two years ago, while more than one-third anticipate more trips in 2013 than in 2012.

Get the full report at Pegasus (PDF 3.7 MB)

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