Latest data from hospitality revenue strategist reveals light at the end of the tunnel
Coronavirus: Duetto adds LATAM data to COVID-19 Pulse Report to give full picture
Hotel revenue strategy specialist Duetto has added Latin America data to its regular free Pulse Report that is providing insight into the sector during the COVID-19 crisis.
The bi-weekly report provides an in-depth look at bookings, cancellations and web traffic data to give signals about how markets are moving.
It says the addition of data covering the LATAM markets gives users a full view of the progress of the virus as it has spread across the planet.
Daniel Lofton, director of hospitality solutions for the Americas, said: “This region is at the back end of the crisis.
“First there’s Asia, then EMEA and North America, and then LATAM. So adding this region tells us the whole story, globally.
“The data shows us LATAM still has a lot of confidence for the latter part of the year. There’s a lot of bookings, especially for the latter part of the summer.”
Hannah Weller Barrise, director of hospitality solutions for the Americas, added: “We added Latin America into our second iteration of the Pulse Report because we got a request.
“That’s something that’s exciting about this report, that we are really open to feedback and excited to make it valuable for our industry colleagues.”
Also new to the Pulse Report is the addition of new reservations data to make the insights as future-looking as possible.
“By highlighting those new bookings we can better understand by region what traveler behavior is going to look like and how it will continue to change in time,” said Weller Barrise.
In APAC, new bookings have seen an increased pace for Q2 2021 and In EMEA a similar pattern can be seen, with an uplift in new reservations for May-July 2021.
For North America, new bookings for 2020 continue to fall behind previous year figures, but new bookings for 2021 are exceeding previous years.
The latest Dueto data also indicates there is light at the end of the tunnel in terms of web traffic.
“We did see a slight uptick in web traffic across all regions. There was nuance to that; it impacted certain stay months more than others, those searches were being seen for a variety of different future dates,” Weller Barrise says.