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North America hotel and airfare prices are expected to increase, while auto rental rates remain flat. The highest business travel price increases are expected in Asia-Pacific and Latin America.
Read More →In the fourth incarnation of the Global Business Travel Association’s travel tax study, the average overall effective tax rate on car rentals has gone down for the first time — but don’t call it a trend.
Read More →While car rental spend dropped, other categories such as airfare, hotel and dining, increased worldwide compared to 2010.
Read More →The study identifies five segments of travelers in the market today: The Veteran (33%), Road Weary (25%), Wide-eyed and Anxious (21%), Passionate High-Tech (14%) and New Recruits (7%) based on their travel goals, characteristics, technology usages and demographics.
Read More →NBTA Foundation survey finds a majority of business travel buyers project a “direct connect” distribution strategy will result in higher costs and negative impacts on the industry.
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For the first quarter of 2011, total U.S. business travel spending is projected to be $58.8 billion, slightly higher than an estimated $58.7 billion for the fourth quarter 2010.
Read More →Participation in respective programs offers discounts on Hertz car rental, ExpertFlyer.com subscription and discounts from other program partners.
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The average total cost for a business traveler’s domestic car rental in June was flat year-over-year at $217.13, while the average length of rental was 3.06 days.
Read More →Three-quarters of the buyers in the survey said they were not negotiating for GPS or electronic toll paying technology with car rental suppliers, even though their corporate travel programs allow travelers to purchase these add-ons to their car rentals.
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