Inaugural Survey Concludes Business Travelers Changing Behaviors in Current
68% Now Staying at Less Expensive Hotels, 79% feeling pressure to cut travel
CHICAGO, June 10 /PRNewswire/ -- With a lagging economy causing many
travelers to change their ways, more than two-thirds (68%) of those surveyed
this month by Orbitz for Business (http://www.orbitzforbusiness.com) and
Business Traveler Magazine say they are now staying at less expensive/lower
star-rated hotels to save on travel costs. Additionally, a large majority of
business travelers and corporate travel managers, 79%, are feeling some degree
of pressure to cut travel expenses, leading to myriad changes in traveler
behavior in the corporate travel marketplace.
These are among the key findings of the first ever Orbitz for
Business/Business Traveler Magazine Quarterly Trend Report, which examines the
most prevalent issues affecting the corporate travel industry today.
While the report shows that many business travelers are in fact traveling
differently, they aren't necessarily cutting back -- as more than half (60%)
say they are conducting as much, if not more business travel in 2008 compared
"This report reinforces what we've been hearing from our customers: Most
clients aren't cutting back on travel, rather, they continue to look for ways
to become more cost effective with their managed travel programs in a cost-
conscious economy," said Dean Sivley, senior vice president and COO, Orbitz
for Business. "It's our mission to give businesses and business travelers the
tools, resources and strategic direction they need to manage an efficient
travel program during these challenging times."
A significant segment where companies and travelers alike are cutting back
is trade shows and conferences. Almost half (44%) report that they, or their
company, are planning to attend fewer trade shows this year, or will simply
send fewer employees to those events that are being attended.
Another notable trend is that of business travelers taking more day trips.
Twenty-five percent of respondents say that when possible, they are now flying
in and out of a business destination the same day more often, rather than
spend a night in a hotel.
The report found that companies are implementing a number of different
strategies in an effort to be more operationally efficient.
-- 41% are tightening their travel policies and implementing more
restrictions on travelers for hotels and dining
-- Nearly half, 47% of those surveyed, indicate changes to their company's
rental car policy, including requiring employees to rent smaller/least
expensive car available (38%) and return vehicles with a full tank of
gas to avoid costly surcharges (20%)
-- 42% are exploring alternatives to travel, including video/web
-- One-third, 33% of respondents, are urging more travelers to use an
online booking tool
International travel is another area where some companies are scaling
back. Thirty-three percent of those surveyed say their companies are
currently doing less international travel as a way to save.
Additionally, the Orbitz for Business/Business Traveler Trend Report found
that of those who do travel internationally, 56% say they are allowed to fly
business class for long-haul flights. Of the 44% who are not, 10% say their
company policy has changed in the past year.
This supports a recent International Air Transport Association report,
which found premium air traffic shrank 3.9% in March compared with the same
month last year, as the number of international air travelers flying in
business or first class fell by its largest amount in five years.
Other report findings include:
-- 67% of respondents are more apt to stay at a less expensive hotel if it
offers amenities like free Wi-Fi and/or continental breakfast, over a
more luxurious hotel that does not offer these perks
-- 32% say the area in which they are most limiting or keeping an eye on
spending is air.
-- 17% of those surveyed say their company's per diem spending for meals
has decreased in the past year
The Orbitz for Business/Business Traveler Magazine Trend Report was
conducted online from 5/15/08 through 5/23/08, through a MarketTools survey of
610 Business Traveler Magazine subscribers.
About Orbitz for Business
Orbitz for Business (http://www.orbitzforbusiness.com/) is the corporate
travel brand of Orbitz Worldwide. Orbitz for Business serves over 2,000
corporate customers and more than a million business travelers. Launched in
2002, Orbitz for Business was one of the first full-service managed business
travel programs offered by an online agency. Orbitz for Business includes a
portfolio of business travel products for small to large companies. Its
products include self-managed services for small business, managed travel
services with fulfillment and service support and international capabilities.
About Orbitz Worldwide
Orbitz Worldwide (NYSE: OWW) is a leading global online travel company
that uses innovative technology to enable leisure and business travelers to
research, plan and book a broad range of travel products. Orbitz Worldwide
owns and operates a portfolio of consumer brands that includes Orbitz
(http://www.orbitz.com), CheapTickets (http://www.cheaptickets.com), ebookers
(http://www.ebookers.com), HotelClub (http://www.hotelclub.com), RatesToGo
(http://www.ratestogo.com), the Away Network (http://www.away.com), and
corporate travel brand Orbitz for Business (http://www.orbitzforbusiness.com).
For more information on how your company can partner with Orbitz Worldwide,
About Business Traveler Magazine
With ten editions and a worldwide distribution of over 500,000 copies,
Business Traveler is the world's leading publication geared towards frequent
business travelers. BT offers practical travel resources, destination
features, first-hand reviews, convention city reports and a series of special
supplements, including the annual business-class airline comparison study,
4-Hour guide and this year added First-Timer's Guides to Russia and China.
In addition to BT's monthly features, visitor guides, lifestyle reports
and weekend guides, each issue also includes special reports ranging from
international business-etiquette tips to preventing identity theft and the
growing trend of mixing business trips with vacations. Business Traveler is
also the only magazine in these categories that also offers both a weekly
newsletter and a monthly digital edition: See more at
The U.S. edition of Business Traveler magazine is published in New York
City 10 times a year with a circulation of over 150,000 in the U.S., and just
celebrated its 20th anniversary.
Orbitz for Business
Jim Cohn of Orbitz.com-Orbitz for Business, +1-312-260-8413,
Jim.email@example.com; or Nancy Bjorson of Brodeur, +1-617-784-7667,
firstname.lastname@example.org, for Orbitz for Business