• 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.

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About Kalibri Labs

Kalibri Labs evaluates and forecasts revenue and cost of acquisition performance in the digital marketplace. Our next-generation HummingbirdPXM platform is the only hotel benchmarking and reporting solution driven by AI and machine learning. HummingbirdPXM is built on a robust database of daily transactions and cost of acquisition data gathered weekly from almost 35,000 hotels. Using advanced algorithms, the platform enables owners and operators to determine a hotel's optimal business mix and manage resources to achieve it. Kalibri Labs unpacks the composition of RevPAR to describe market demand by rate category and channel assisting hotel owners and operators to develop strategies that improve profit contribution, which leads to higher asset values. Tapped regularly by the real estate and investment community, the Kalibri Labs database supports hotel transactions and financial restructuring by brokers, lenders, appraisers, and financial consultants. For more information, visit www.kalibrilabs.com.