January 12, 2017

Concur also sees Airbnb corporate bookings growing

Businesses are not necessarily moving away from booking hotel rooms for their employees, but what they are realising is there is an appetite – particularly from younger staff members to stay in less traditional accommodation, according to Concur.

Business travel management platform Concur has recently analysed some 50,000 of the expense transactions of business travellers from France, Germany and the UK.

It found that in the eight quarters between Q3 2014 and Q2 2016, $9.2 million was spent by companies in those countries on Airbnb properties.

UK corporates lead the way out of the trio of countries (accounting for two-thirds of the spend), following by France and Germany.

Get the full story at Tnooz

Read also "Business travel sharing economy booms in 2016"