Travel Leaders Corporate Finds Business Travelers Use Mid-Priced Hotels
Travel Leaders Corporate, in new survey analyzing data from a sample of nearly 625,000 business travel bookings in the first quarter of 2012, found its clients spent approximately 2.4 percent more on the average nightly cost of a hotel room as compared to the first quarter of 2011 and the top hotel chains being used for business travel are mid-priced hotels.
According to the Travel Leaders Corporate survey, the average hotl cost per night went up $3.15 in 2012, from $130.13 to $133.28. “The modest increase in average hotel cost per night for our business travelers is roughly 3 percent less than what other industry sources are stating,” said David Holyoke, president of Travel Leaders Corporate. “What this data shows us is that our clients are focused on managing their expenses and looking for value. We constantly work to help our clients manage their expenses and find the most value for their corporate dollar. Our clients continue to find value in our negotiated rates, especially those for mid-priced hotels.”
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