Travel firm reveals booking trends for business travel savings

Sunday, 28 Apr, 2014 0

Travel Leaders reported Q1 booking data for 2014, revealing big cost savings for domestic business travelers who book in advance.

Travel Leaders says business travelers booking airline tickets 14-20 days before departure save up to 33% compared to those who book less than one week before.

Additionally, an average 25% saving can be had for travelers reserving a seat 7-13 days ahead.

Travel Leaders uses a smart data approach to recommend how travelers can be more cost effective with their travel expenses, according to Travel Leaders Corporate president David Holyoke.

"We continually monitor the trends for significant cost savings within the 7-13 and 14-20 day booking windows and consult our clients accordingly," Holyoke said.

Travel Leaders Corporate also released data showing the average length of a business trip in the US is two nights at a typical cost of $970 per trip.

It also said average hotel room rates rose 2% compared to the previous quarter.

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

Princess Hotels & Resorts is a hotel chain specialising in holiday and urban hotels located in first class tourist destinations,...

Located in the Mediterranean and connecting Asia and European continents that are separated by the famous Bosphorus, Türkiye is a...

Queensland – where it’s rude not to stare Here in Queensland, there’s plenty to do. But there’s even more to...

Discover Sarawak Revealing a side of Asia unlike anywhere else, Sarawak offers an alternative for those seeking humble authenticity far...

Cunard is the operator of luxury cruise ships Queen Mary 2®, Queen Victoria® and Queen Elizabeth®. Renowned for impeccable White...

Wonderful Indonesia Indonesia is a country blessed with countless wonders. What makes this country unique is its diverse culture and...

Global Hotel Alliance brings together a unique collection of independent hospitality brands for GHA DISCOVERY, a multi-brand loyalty programme. GHA...

The State of Michigan is blessed with the riches of unspoiled nature: the nation’s longest freshwater coastline, lakes that feel like...

River cruising is a treat for the senses, allowing you to see, touch, feel and experience the world like never...

The Oregon Tourism Commission, dba Travel Oregon, works to enhance visitors’ experiences by providing information, resources and trip planning tools...

Philippine Airlines (PR), also known as PAL, is the Filipino flag carrier. The company started their operations in February 1941,...

In 2019, Buffalo Tours and Olympus Tours joined the Flight Centre Travel Group (FCTG) family and formed Discova. With the...

Family-owned Olympic Holidays has been arranging holidays to Greece, the Greek islands and Cyprus for more than half century. The company is unrivalled...

It’s easy to find perfection in Santa Barbara, but what if there was even more of your favorite finds, activities,...

From the beginning, ATI’s philosophy has been “innovation, not duplication.“ Developing specialized technology solutions to connect over 30,000 accommodation, attracti...

In the heart of Europe, in one of the most innovative cities in the world, at the centre of business,...

Destination British Columbia (Destination BC) is a Provincially funded, industry-led Crown corporation that supports a strong and competitive future for BC’s...