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Study says business travel to grow substantially in 2014

by amit.uniyal 18. December 2013 02:23

Here’s glad tiding for the travel and hospitality industries. Business travel has been growing at a frenetic pace and will keep up the positive momentum in 2014 as well. A new study conducted lately this year by a renowned travel magazine ‘Frequent Business Travel’ has outlined that there will be a substantial increase in business travel next year. The effect of this outcome will help in triggering growth in the hospitality and travel industries.

The study made some startling findings. The survey, which was conducted for the 2nd consecutive year, said that nearly 35.7 percent or one-third of business travelers participating in the survey said that in the next year they would love traveling even more than the present year. However, about 47.2 percent or almost half of the participants in the business travel survey said that they would maintain stability and would travel the same amount as they have done this year.
 
The study also covered different aspects related with the business travel and the emerging trends. These include traveler loyalty to hotel chains, frequent flyer membership, hotel loyalty programs, preferences to eat and work, and airline alliances. Nearly 1,323 frequent business travelers participated in the survey. Frequent Business Travel magazine along with FlyerTalk, the largest online travel community in the world, conducted the survey jointly during the last quarter of 2013. The participants in the survey provided some suggestions as well. According to surveyed business travelers, there is a need for hotels and airlines to do even more for a consistent experience for travelers, which is still lacking.

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Tags: business class travel, business travel

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