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Egencia data shows corporations retain hotel buying power into 2010

November 04, 2009 | Hospitality Industry

Egencia's Hotel Negotiability Index looks at city-specific data to help business decision makers gauge travel program opportunities while planning. This year's Index analyzes corporations' buying power in nearly 40 global cities.

Egencia unveiled its 2010 Corporate Travel Forecast and Hotel Negotiability Index, finding that average ticket prices (ATPs) for corporate travelers to top business travel destinations are expected to increase globally, with a 5 to 10 percent increase anticipated in key North American cities.

Egencia’s Hotel Negotiability Index looks at city-specific data to help business decision makers gauge travel program opportunities while planning. This year’s Index analyzes corporations’ buying power in nearly 40 global cities.

The study evaluates global industry trends, macroeconomic factors, in-depth research of supplier markets and capacity to deliver a current report on air, hotel and car rental trends in both domestic and international destinations.

“Overall, we expect to see some year-over-year recovery of business travel in 2010 as economies stabilize around the world,” said Rob Greyber, President of Egencia. “The resulting demand coupled with suppliers maintaining capacity discipline is expected to push air prices higher in many business destinations.”

Download the full report at Egencia - North America version (PDF, 250 KB), European version (PDF, 250 KB)

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