Industry Research

Survey Points To Bullish Outlook On Business Travel

Posted on March 18, 2013

Page 1 of 2

CHICAGO — Business travel serves as an important barometer for overall economic outlook and sentiment, and consistent with Wall Street's strong first quarter, employers started out the year bullish with 74% of business travelers expecting the same amount or more business travel in 2013, compared to last year, according to a survey of business travelers conducted by the Newsweek & The Daily Beast research department in partnership with Orbitz for Business, the corporate travel brand of Orbitz Worldwide.

Online adoption is also strong with 90% of respondents booking travel online at least some of the time and 67% booking at least three fourths of their trips online. Mobile represents a distinct area of opportunity with only 12% of respondents using a mobile device to book flights or hotel rooms. In comparison, leisure travel booked on Orbitz.com sees much higher mobile penetration, with nearly 25% of hotel bookings now being generated through mobile channels. The survey found that more than 81% of all respondents indicated they are “very satisfied” or “mostly satisfied” with the processes in place to plan, book and execute their business trips.

Among respondents who participate in an employer-mandated corporate travel program, 72% were “mostly satisfied” or “completely satisfied” with their employer's managed travel guidelines and 96% feel “very obligated” or “somewhat obligated” to save money for their company when they travel. Further demonstrating an inclination towards policy compliance, 56% of managed travelers reported that they never book travel outside company policy, and an additional 33% said they do so less than 25% of the time.

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

More News

Luxury Travel Industry To Reach $1.2 Billion By 2020

Affluent consumers are highly interested in unique experiences, focusing on adventure.

Luxury Travel Market Looks Healthy For 2017

One of the biggest trends is the use of “Millennial” as a term that defines how people would like to travel. 

What Will 2017 Bring To The World Of Business Travel?

Car rental brands are losing customers to growing transportation network companies.

Uber Shows The Future Is Driverless, But Why?

Self-driving cars might be fun occasionally, but will they still be desirable after the novelty wears off?

Travel Policies Affect Booking More Than Cost, Convenience

Four out of five business travelers report company travel policy has the greatest impact on booking decisions.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blogs

See More

See More

See More

See More

LCT Store

LCT Magazine - December 2016 $12.95 GLOBAL/INTERNATIONAL ISSUE COVER STORY: * The Coolest Operators on the Planet * *



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