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Hotel averagedailyrate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Onlinesales in the hotel segment will generate 80% of total revenue in 3 years. Hotel occupancy will increase 2.5% globally next year. in the next 12 months.
The company provides advice and solutions to accommodation providers who are looking to increase their income through pricing and sales efficiency gains. PJ’s boasts a dedicated department of onlinesales experts, and can take total control of a hotel’s sales arm if a business so chooses.
Revenue is forecast to have an annual CAGR of 1.85% between now and 2027. 23% of bookings are currently made offline. 91% of total revenue will be generated through onlinesales by 2027, reaching a market volume of US$7.27 According to Tourism Australia, there were 2.2
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