Pegasus Solutions has reported a +34.3 percent global year-on-year increase in April 2010 revenue for bookings made through the GDS. What's more, GDS hotel booking volumes increased by 27.4%, and average daily rate by 5.5%. According the Pegasus a clear sign that business travel is recovering.
Thanks in part to a spike in reservations from the Icelandic volcano, Pegasus Solutions has reported a +34.3% global year-on-year increase in April 2010 revenue for bookings made through the global distribution systems (GDS).
Sourcing data from billions of GDS and alternative distribution system (ADS) transactions for nearly 100,000 global hotels, April’s The Pegasus View further evidences a business travel recovery, citing GDS growth in both booking volumes (+27.4%) and average daily rate (+5.5%) year-on-year.