Showing items in the "Corporate Market Trends" category

HSMAI PERSPECTIVE: Back to Business

The return of corporate travel means the return of corporate travelers. How has the experience changed — and how hasn’t it — for our customers?

What Will Happen With RFP Season?

HSMAI’s Sales Advisory Board members recently discussed the statement on the 2020 RFP season and debated their views. Here are some of their thoughts, presented in their own words.

Room Blocks in Real Time

This HSMAI and Cvent white paper provides insights into how online group-booking software solutions can maximize your bottom line with up-to-the-minute information.

Top 25 Markets Continue to Attract Guests and Developers

Of the 168 markets that STR tracks around the United States, 25 are delineated as the “Top 25 Markets.” They are not necessarily the largest markets, but those that, as a group, give the best indication of performance in the larger metros around the country.

Millennial Business Travelers Are Pretty Thrifty

A report from the business travel management firm Concur finds that while younger employees might have slightly higher hotel expenses, this is offset by far lower amounts spent on dining and entertainment overall—a trend that holds up globally.

The Last-Minute Cancellation Problem

Insights into why more hotels are taking steps to prevent last-minute cancellations through increased fees and smaller cancellation windows. Read the article from Lodging Magazine.

The Hotel Industry’s New Direct-Booking Discounts

Hilton Worldwide, Marriott International, Hyatt Hotels Corp., InterContinental Hotels Group and Choice Hotels International, have begun offering discounted rates for loyalty members who book directly on the brands’ websites or mobile apps. The industry move, meant to project that travelers can find the best deals with a hotel and not through third-party channels, presents an added challenge for corporates.

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