The Rise of Business Travel
Business travel is growing fast. Spend is expected to reach $1.7 trillion.
Around 30% of business travellers travel at least once a month.
Many are “road warriors.” They travel often and stay busy.
Even more, 75% of travellers extend work trips for leisure.
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Corporate Guests Want Convenience
Corporate travellers want simple stays. They want speed and ease.
Hotels win here.
Most companies do not use Airbnb for travel:
- 79% do not allow it
- 54% never plan to
Hotels are still the top choice.
Business guests want:
- Fast check-in
- Good Wi-Fi
- Food on demand
- Easy service
They are also tired.
80% sleep less than 8 hours.
So convenience matters.
Corporate Guests Stay Loyal
Corporate guests come back when they like a hotel.
They often ignore company rules to stay with brands they trust.
They also reuse brands for leisure trips:
Loyalty programmes help a lot.
In fact, 79% of guests say rewards matter.
So simple rewards work:
- Better rates
- Member perks
- Easy booking
They Spend More and Travel Midweek
Corporate guests spend more money.
They use more hotel services:
-
- Restaurants
- Meeting rooms
- Spas
They also spend more per stay:
Most stays are midweek:
- 82% happen Mon–Thu
Many also extend trips for leisure.
This is called “bleisure.”
Around 70% of younger travellers do this.
How to Attract More Corporate Guests
One key tool is the GDS system.
Companies use it for bookings and RFPs.
Strong RFP work wins more corporate business.
Large companies use it during RFP season. With corporate travellers being such financially lucrative guests, hotels all over the world are scrambling to attract more business bookers. Have a look at how to boost corporate hotel bookings to learn more about building up the right relationships with corporate guests.
Explore HotelREZ’s corporate RFP solutions
How HotelREZ Supports Hotels
HotelREZ helps hotels grow corporate bookings.
We support:
- Distribution
- Marketing
- Representation
We also help with:
- RFP management
- Global visibility
- Direct boookings
Let’s Talk Corporate Growth
Want more corporate bookings?
We can help.