Number year-to-date group bookings
for a hotel over a period of forward looking dates as compared to the
same time period in a previous year.
Example
Today is December 31, 2010. Hotel A
is has 1,100 group rooms reserved for the first quarter of 2011. In
2010, Hotel A received 1,000 group bookings in the first quarter.
Therefore, Hotel A has achieved a Group Pace of 110% for 2011 Q1.
