Study: US Road Warriors Go For The Extended Stay When Abroad
Photo courtesy of Thinkstock
Many American road warriors are eyeing extended stay accommodations when traveling abroad, according to the Global Business Travel Association.
Research compiled by the GBTA Foundation reveals that 48 percent of all U.S. business travelers traveling internationally within the past year have used an extended stay accommodation.
The study of 1,000 American business travelers, titled "Extended Stay Accommodations: Awareness, Supply and Demand," found that extended stay accommodations are most popular among millennial business travelers, with 72 percent reporting having stayed at one during an international business trip within the past year.
Generation Xers and baby boomers showed less interest at 48 percent and 26 percent, respectively.
GBTA Foundation vice president of research Joseph Bates said the study shows "a clear demand for extended stay accommodations."
"To ensure demand continues to increase, companies that provide extended stay accommodations should address the challenges noted by becoming more flexible with minimum stay requirements, providing an up-to-date website listing amenities and guest reviews and increasing the supply of extended stay accommodations available," Bates said in a statement.
The study found the top reasons for booking an extended stay accommodation to be access to full-service kitchens (45 percent), amenities (40 percent) and their residential feel (36 percent).
Of those business travelers who indicated they've stayed at an extended stay accommodation, 60 percent said they booked the stay themselves. A majority of those road warriors booked through an online travel site (41 percent) or directly through the company's website (38 percent).
During the booking process, respondents indicated that minimum stay requirements (29 percent), a limited number of property options (21 percent) and an overall lack of reviews (20 percent) were the challenges most often faced.
Nonetheless, a whopping 91 percent of respondents said they were very satisfied or satisfied with their lodging experience on their most recent international business trip of five or more days, regardless of the type of property in which they stayed.
Still, extended stay accommodations produced the highest satisfaction levels among U.S.-based business travelers overseas, with 94 percent indicating they were satisfied, compared to 87 percent who stayed at corporate furnished accommodations and 74 percent who stayed at accommodation rentals.
More by Patrick Clarke
Get Travel Deals and Travel News
Recent Travel Opinions
Cruise Line & Cruise Ship
Airlines & Airports