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Industry News
Hotel Industry NewsUK Hotel Industry Slips Another 3 PercentAccording to a new survey done by BDRC, a market research agency, the golden age of business travel in the UK is finally over. The company said that the size of the UK domestic hotel market for business travelers fell last year by 3 percent to 56 million “room nights.”The 2010 Hotel Guest Survey showed that business travelers have cut, on average, four nights off their stays compared to the same time last year. This survey also found that just under 50 percent of business travelers say that their companies have asked them to change their behaviors to reduce costs.This, of course, led to a 27 percent cut in the length of stays and a further 22 percent of people staying at cheaper hotels.The survey also found out that companies are now cracking down on travel as a whole. Three out of four companies now operate a hotel policy in order to save money. A quarter of the survey’s respondents say that this new policy is being strictly enforced.
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