Saturday, April 28, 2012

Business Travel Set to “Take Off” in 2012: Deloitte Survey Millennials, Generation X likely to fuel growth in corporate travel



Andaz West Hollywood Hotel Meeting Space

Deloitte Business Travel Survey:

"Corporate travel will likely fuel the travel, hospitality and leisure industry in 2012 as many Millennials and Generation X professionals expect to take to the road more often, according to a new Deloitte survey. Specifically, 85 percent of business travelers surveyed expect to take more or the same number of trips next year with 27 percent of 18-44 year olds expecting to take more trips in 2012, while only 16 percent of business travelers 45 years old and above are planning to take more trips next year.

Two-thirds of respondents (67 percent) say they often work in their hotel room, with younger business travelers enjoying working in more social spaces, such as executive/business lounges and the lobby or common area. Nearly two-fifths (36 percent) of the 18-44 year olds surveyed say they often work in the lobby or common area, while only 17 percent of those 45 and older do the same."

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