Room for Savings: Optimizing Hotel Spend - Carlson
Room for Savings: Optimizing Hotel Spend - Carlson
Room for Savings: Optimizing Hotel Spend - Carlson
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Seven steps to optimize hotel spend > Design an effective hotel policy<br />
Travel policies will become stricter<br />
According to the CWT survey of travel managers,<br />
most policies already mention key items. Mostly,<br />
however, guidelines are provided rather than strict<br />
rules. Mandates will become more common<br />
moving <strong>for</strong>ward, as shown in Figure 52.<br />
Figure 52: Mandates will become more common in the near future<br />
Do you include or plan to include the following items in your hotel policy?<br />
Book through the travel<br />
management company<br />
58%<br />
36%<br />
3% 3%<br />
Book a preferred<br />
property/chain<br />
38%<br />
49%<br />
5% 8%<br />
Respect a rate cap<br />
37%<br />
24%<br />
13%<br />
26%<br />
Book through the corporate<br />
online booking tool<br />
34%<br />
33%<br />
19%<br />
14%<br />
Book a hotel at the same time<br />
as flights whenever possible<br />
29%<br />
46%<br />
5%<br />
20%<br />
Book a specific number of days<br />
in advance whenever possible<br />
22%<br />
44%<br />
5%<br />
29%<br />
Book nights of the week when<br />
rates are usually lower whenever<br />
possible<br />
7%<br />
9%<br />
6%<br />
78%<br />
Included<br />
and mandatory<br />
Included as a<br />
recommendation<br />
Will be included<br />
in 1-3 years<br />
Source: CWT Travel Management Institute, based on a survey of travel managers (96 responses)<br />
No plans to<br />
include this item<br />
How much stricter will your hotel policy become in 1-3 years regarding the following items?<br />
Book through the travel<br />
management company<br />
38%<br />
26%<br />
36%<br />
Book a preferred<br />
property/chain<br />
29%<br />
46%<br />
25%<br />
Respect a rate cap<br />
27%<br />
30%<br />
43%<br />
Book through the corporate<br />
online booking tool<br />
46%<br />
34%<br />
20%<br />
Book a hotel at the same time<br />
as flights whenever possible<br />
21%<br />
38%<br />
41%<br />
Book a specific number of days<br />
in advance whenever possible<br />
19%<br />
38%<br />
43%<br />
Much stricter Slightly stricter No significant change<br />
Source: CWT Travel Management Institute, based on a survey of travel managers (87 responses)