PhoCusWright's Consumer Travel Report
- Language: English
- Published: May 2009
- Region: World
Demand for business travel has recovered substantially after its 2009 plummet, but driving growth in the years ahead will prove more challenging for travel companies than in the past. Effectively catering to the wants and needs of business travelers will be increasingly important for industry players hoping to grow their share in this lucrative segment.
PhoCusWright's U.S. Business Traveler: Managed, Unmanaged and Rogue helps travel companies gain holistic perspective from the range of business travelers in the U.S., including both those who are managed by a corporate travel policy and those who are not. Unmanaged business travelers represent tremendous opportunity and command billions of travel dollars – but they can be elusive targets. And with unprecedented marketplace transparency and robust travel planning tools available to all, there are more enticements than ever for managed travelers to go rogue. This in-depth study of business travelers explores these issues and more, uncovering key trends impacting the business travel marketplace.
Report topics include:
- Differences among managed (compliant and non-compliant) and unmanaged travelers
- General
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Section One: Overview, Methodology and Research Highlights
- Overview
- Methodology
- Research Highlights
Section Two: General Business Travel Behavior
- Quick Stats
- Incidence of Travel Policy
- Business/Leisure Crossover
- Trip Frequency and Duration
- Purpose of Trips and the Impact of Video Conferencing
- Travel Components
- Travel Expenditure
- Off-Hours Activities
Section Three: Formal and Informal Business Travel Policies
- Quick Stats
- Flexibility of Travel Policies
- Policy Compliance
- Reasons for Going Rogue
- Managed Traveler Program Sentiment
- Additional Travel Policies
Section Four: Travel Planning
- Quick Stats
- Travel Booking Decision Factors
- Shopping Channels
- Booking Channels
- Ease of Business Travel Processes
- Differentiation from Leisure Travel Planning
Section Five: Demographics
- Position
- Number of Employees
- Household Size
- Children in Household
- Household Income
- Education
- Age
- Gender
- Employment
LIST OF TABLES
Business Traveler Population
Incidence of Travel Policy: Managed vs. Unmanaged
Managed Travelers by Position and Company Size
Incidence of Trip Types
Business Travel Statement: % Strongly Agree + Slightly Agree
Number of Business Trips
Share of All Business Trips and Leisure Extensions by Length
Business Trips by Primary Purpose
Web-based Presentation/Video Conferencing Replacing Business Travel
Type of Business Trips Replaced by Web-based Options
Business Travel Components
Average Annual Business Travel Spend by Gender and Age
Average Annual Business Travel Spend by Policy Type and Position
Off-Hours Activities
Company's Travel Policy
Company's Travel Policy - How I Book My Travel
Adherence to Travel Policy
Managed Travelers Who Always Comply with Policy
Reasons for Not Following Corporate Travel Policy
Travel Policy Statement
Business Travel Processes
Pre-Trip Authorization Requirements
Business Travel Booking Decision Factors: % Very Important + Substantially Important
Information Sources Used for Business Travel Products Booking Decision
Websites/Apps Used for Business Travel Booking Decision
Reasons for Using Particular Websites
Business Travel Products Booking Channels
Ease of Business Travel Aspects: Managed
Ease of Business Travel Aspects: Unmanaged
Unmanaged Travelers: Business Differentiation From Leisure
PhoCusWright fielded an online consumer survey September 2-10, 2011 through Global Market Insite, Inc. The survey targeted the general U.S. population that travels for business. To qualify for participation in the study, respondents were required to have taken at least one business trip in the past 12 months that included a flight and/or paid lodging.
For the purposes of this study, PhoCusWright defined managed travelers as those whose business trips are governed by a policy that covers which suppliers they use and/or what channel(s) they use to book. Because the natural incidence of managed travel is low relative to the unmanaged group, PhoCusWright established a quota during data collection in order to ensure a minimum of 800 managed respondents. With quota, the ratio of managed to unmanaged business traveler respondents was 38% to 62%, respectively. The study results are weighted to reflect the ratio that would have occurred had the quota not been implemented (30% managed to 70% unmanaged).
PhoCusWright received a total of 2,053 qualified responses, and the respondent pool can be projected with confidence onto the U.S. online business traveler population. The error interval for analysis is +/-2.2% at a 95% confidence level.
Based on data from the U.S. Census Bureau and PEW Research, PhoCusWright projects the number of U.S. adults with Internet access who have taken at least one business trip (as previously defined) to be 30.7 million people in 2011 (see Figure 1). These travelers represent 13% of the total U.S. adult population.
| Format | Properties | |
|---|---|---|
| Electronic (PDF) | The report will be emailed to you. The report is sent in PDF format. | This is a single user license, allowing one specific user access to the product. |