Kalibri Industry Health Dashboard Updated - 09/01/20
- Rack/BAR, Promotion + Loyalty Member Rate and OTA demand continue to make slow progress toward their pre-pandemic occupancy levels, with ADRs remaining relatively flat week:week.
- After a number weeks of consistent week:week growth, Airline Tickets - Net Purchased dipped in the most recent week across most major U.S. markets, as well as for the Total U.S.. It will be important to monitor this as we transition from the summer into the fall as it will be a leading indicator of travel health overall.
- Group and Corporate demand continues to be stifled.
About Kalibri Labs
Kalibri Labs evaluates and predicts revenue performance using its proprietary algorithms to generate the Optimal Business Mix for individual hotels, revealing the most promising opportunities to pursue along with specific direction on how to find and convert them. The HummingbirdPXM revenue strategy and benchmarking platform also includes the industry's most robust profiles for travel agent and OTA production. The Kalibri Labs database, updated weekly, is comprised of ADR, room revenue, room nights and acquisition costs from over 8 billion guest stays from almost 35,000 hotels dating back more than 5 years to give an expansive view of the U.S. hotel industry. Real estate developers, brokers, lenders, consultants, and others involved in hotel transactions use Kalibri Labs data to improve underwriting with a more granular view of benchmarks and trendlines for individual hotels, and almost 1000 markets and sub-markets for the U.S. These tools are enhanced with COVID-19 analysis to assist in modeling the future recovery curves.