Hoteliers have mixed feelings about business travel in 2023; it’s a focus for revenue teams but also tipped to be the biggest challenge of the year ahead.
Shifting shape of corporate travel
A recent survey reveals the shifting shape of corporate travel: an increase in bookings, a switch to low-cost carriers, and a focus on new technology.
Survey of Business Travel Leaders spotlights issues driven by Hybrid Workforces
HRS, the leading global corporate travel and payment technology platform, and GBTA, the world’s largest business travel association, announced the results of a comprehensive survey of travel and procurement leaders from Europe and North America. The results from the June survey illuminate the fact that changes in workforce realities meshed with a faster-than-expected return to travel are transforming managed travel.
Corporate travel is back on the rise
Leading hotel group, Choice Hotels Asia Pac, says corporate travel has returned to a new normal with guests seeking value for money.
Companies need to rethink their travel program for a new era
Ground transportation, sustainability, bleisure travel, and meal options are just a few of the considerations, according to a new study from Uber for Business and GBTA.
Hotels projected to end 2022 down $20b in business travel revenue
While leisure travel is expected to return to pre-pandemic levels this year, business travel – the hotel industry’s largest source of revenue and will take significantly longer to recover.
Business travel projected to return to almost pre-Covid levels by year end
Industry-first business traveler survey taps thousands of employees and lends key return to travel insights.
Supercommuters as a revenue source for urban properties
If you own or operate an urban hotel looking to negotiate some new corporate contracts, factoring in the specific desires of the supercommuter may help you get the business.
How do travel managers view corporate booking technology?
The study examines how U.S. and Canada-based travel managers view corporate booking technology and how COVID has impacted business travel.
Vaccine a game-changer for a return to travel
Nearly half of respondents say border closures and restrictions have impacted their company travel recovery efforts in 2021.