Business Travelers Can Expect Higher Rates, Fewer Perks at Hotels Next Year
Hotels can be less flexible with rates now that business travel is back up in the U.S. Companies, still looking to save wherever possible, may send employees to more limited-service hotels as a result.
Excerpt from USA Today
Business travelers can expect to pay 5% to 6% more for hotel rooms next year, according to a New York University study out today.
Each fall, U.S. companies and hotels agree to corporate rates and amenities for the following year, and this year, Bjorn Hanson, divisional dean of the Tisch Center for Hospitality at NYU, says the two sides are further apart than normal as negotiations get underway.