June 21, 2018
Travelers losing interest in home-sharing
According to MMGY Global’s Portrait of American Travelers study, just 33% of respondents are interested in sharing economy accommodations, down from 41% in 2017 and 37% in 2016.Read more
Forty percent of U.S. business travelers admit to booking outside their companies’ travel policies, according to an Amex GBT & GfK survey of nearly 750 U.S.-based business travelers.
Location (to be closer to the meeting or event venue, to stay in a saver location, and to stay in a more convenient location) is the main reason, business travelers book outside their travel policy. Followed by "safe the company money" and "to be at the same hotel as the client."
"A percentage of savings going into travelers paychecks" incentives business travelers the most to book within policy, followed by "bonus paid time off" and "earnings credit towards a gift or future travel."
Get the full story at Business Travel News
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