Industry Research

Luxury Hotels, Airlines See Business Travel Comeback

Posted on June 2, 2010 by LCT Staff - Also by this author - About the author

SUMMARY: Business class tickets and luxury hotel stays are heading up, while more companies are loosening employee travel policies.

Some companies are allowing their road warriors to upgrade to business class on flights and stay in more-upscale properties. That’s a reversal of policies during the recession. For example, more travelers are flying business class on overseas trips. Business class tickets made up 35% of total tickets sold in April 2009. In April 2010, the total was 41%, says Christa Degnan Manning, director of the eXpert insights research practice at American Express Business Travel.

Luxury hotels (Four Seasons, Ritz-Carlton, etc.) and “upper upscale” properties (Marriott, Hilton, Hyatt, etc.) are seeing the biggest comeback. Many companies banned employee stays at more-expensive sites during the recession, in some cases to avoid unfavorable publicity.

BUSINESS TRAVEL TRENDS ARTICLE

Source: The Kiplinger Letter

View comments or post a comment on this story. (0 Comments)

More News

5 Ways To Sell Into The Luxury Travel Market

It’s not your father’s high-end market any more. These lessons apply to chauffeured transportation as well.

Trump Travel Ban Could Deter Business-Related Trips

Tech firms and multinational corporations have lashed out at the move, and some recalled employees traveling overseas.

Half Of Companies Allow TNC Use For Business Travel

A GBTA survey finds an increasing number of traveling employees using companies like Uber and Lyft.

Study Shows Jobs Rose In Taxi Industry Despite Uber

The authors believe this is the first serious look at the effects of the gig economy platforms such as Uber on jobs.

What Trump Means For Fleet-Based Businesses

Fleet expert: "If Trump eventually rolls back regulations in the automotive sector, he would likely stimulate growth."

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - March 2017 $12.95 INT'L LCT SHOW ISSUE COVER STORY: * Innovate or Die: Show To Be a Business "Disrupter" * *
LCT Magazine - February 2017 $12.95 NEW MODELS ISSUE COVER STORY: * Fleet Vehicles Preview * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close