Operations

Corporations Book Majority of Rez Online

Posted on August 17, 2005 by LCT Staff - Also by this author - About the author

SAN DIEGO — GetThere, a provider of corporate travel reservation technology, announced the results of its fifth annual Corporate Travel Benchmark Survey. GetThere distributed data from the survey at the annual National Business Travel Association Convention & Trade Show in San Diego. The survey, which tracks business travel patterns at America's leading corporations, revealed that 65% of travel reservations at responding corporations are made online. This figure, up from 60% in 2004, is more impressive when contrasted against the 26% online adoption rate reported in GetThere's first Benchmark Survey in 2001.

Senior executives at top companies are endorsing online booking as the preferred booking method and, in many cases, are mandating employees to book online simply because of the measurable savings these programs can generate. This year's survey shows that trips booked online averaged 49% lower agency fees and 14% lower airfares — representing approximately $100 in savings per booking.

With the continued focus on cost-cutting, companies overwhelmingly cited executive support and mandates as the most effective means for driving online adoption. Nearly 60% of responding companies have expanded online travel programs internationally, up from 41% last year. This dramatic growth took place despite many companies from various regions and industries facing similar obstacles, such as cultural differences, on-screen language/translation issues and accessing specific supplier inventory. Large multi-national companies continue to report higher overall global adoption.

The Corporate Travel Benchmark Report is based on a survey of 150 GetThere customers that spend from $5 million to more than $100 million annually on air travel.

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

More News

Go Riteway Celebrates 60 Years In Bus Business

The Wisconsin company started with just four school buses and now has 1,000 vehicles serving several ground transportation sectors.

Colorado Operator Buys Affiliate To Widen Service Region

eNews Exclusive: B-Line Express in Vail will now cover even more ground in the retail-heavy state.

Why Uber Can't Be Fixed And Must Be Shut Down

Analysis: The TNC's lower costs brought lower prices, with resulting popularity and growth. But its use of noncommercial cars was unlawful from the start.

Empire CLS Featured In Meetings + Events Magazine

The article describes the chauffeured transportation provider's newest additions to its fleet: 56-passenger motorcoaches.

Unique II Brings Its Luxury Service To Florida FBO

The New Jersey company expands its chauffeured experience to  private charter jet clientele at Opa-locka.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - July 2017 $12.95 COVER STORY: * Why These Titans Work So Hard to Give it Away * *



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