Business travel buyers are planning to cut costs this year by reducing spend on luxury hotels and transfers.
The latest survey by the Business Travel Show found that although 32% of business travel buyers will have more money to spend in 2017, 41% intend to spend less on five-star hotels.
They intend to use mid-range and budget hotels, serviced apartments and Airbnb and other home-stay companies instead.
Of the 178 buyers who took part in the survey, 87% said they intended to use more mid-range hotels, 60% said they would use more budget hotels and 17% said they would use more Airbnb.
They are also looking for more affordable transfer options, swapping from chauffeur-driven limos to taxis, Uber, car rental, car pool services and train travel.
In fact, 84% said they planned to use more trains next year, while 61% said they favoured greater use of taxis, 56% will spend more with Uber and 52% on car rental.
