Positive Vibes from NAHR July 2012 Update

The NAHR or TravelClick North American Hospitality Review is counted among the most trustworthy statistics provider for understanding how the hospitality sector is performing across North America in recent months. It also provides a comprehensive overview of the immediate future, market trend. The July 2012 NAHR update presents a rather encouraging demographic for the North American continent, where bookings have risen and this trend is expected to progress into 2013. NAHR reports that the overall committed occupancy levels are up by more than 5% whereas group committed occupancy has risen by nearly 5.5% as compared to same period during July 2011. The third quarter (August 2012) outlook is expected to put forth nearly 10% growth for Overall, Group and Transient occupancy levels for the 25, main hotel marketplaces across North America.