Changing Trends in Business Travel Booking in 2016-2017

Comfortable seating, free baggage check, and free Wi-Fi access on flights are most likely to influence travelers when choosing one airline over another. The majority of travelers favor car rental companies that offer car drop-off and pick-up services. Moreover, 24-hour on-road and in-car assistance service, and GPS navigation services are other key factors likely to influence the selection of a car rental company. The highest percentage of travelers intend to spend fewer than two days on leisure when extending a business trip. However, executives’ premium travel plans largely affected by global economic uncertainty and rising expenses. Volatility in the global economic environment has forced travelers to adopt a more cautious approach towards travel expenditure, as focus shifts towards cost containment.

Which of the following does your company use to book business travel?

58% of respondents indicated the absence of a preferred travel provider, while 22% of executives indicated that their companies have a preferred travel provider other than an air carrier, hotel chain, or car rental service. Overall, the majority of respondents who operate in Europe noted that their companies have no preferred travel provider. However, 17% of respondents who operate in North America indicated the presence of a preferred hotel chain. Of executives with operations in Asia-Pacific, 18% highlighted the presence of preferred air carrier within their companies.

Canadean’s Changing Trends in Business Travel Booking in 2016-2017 survey examines factors influencing airline and hotel bookings, and examines executives’ responses when a business trip is extended to a leisure trip. It also provides information about key parameters influencing airline and car rental company choices, and assesses the significance of travel meta-search options for business travelers.

Report Information:
$1,950 (Single User License)
Published: Sept 2016
Publisher: Canadean
Report Format: electronic pdf

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