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 > Negotiate effectively<br />
Figure 77: One company spends up to 35% of room nights at preferred chains, based on an<br />
analysis of spend in six cities<br />
Breakdown of nights spent at preferred properties/chains and other hotels<br />
by a company’s travelers in 6 cities<br />
(Company B)<br />
100<br />
20<br />
16<br />
80<br />
41<br />
40<br />
43<br />
<strong>Room</strong><br />
nights<br />
(%)<br />
60<br />
40<br />
20<br />
49<br />
24<br />
31<br />
35 31 29<br />
64<br />
22<br />
76<br />
57<br />
Other<br />
Preferred properties<br />
Preferred chains<br />
(excluding preferred<br />
properties within the chain)<br />
0<br />
Chicago Paris New York London Princeton Madrid<br />
Source: CWT Travel Management Institute<br />
Based on credit card data <strong>for</strong> one company’s hotel spend in 6 cities in April 2008<br />
14<br />
Figure 78: The ARR paid by the same company at its preferred chain in three cities was<br />
on average 6 percent higher than at preferred properties<br />
8<br />
Source: CWT Travel Management Institute<br />
Based on credit card data <strong>for</strong> one company’s hotel spend in 3 cities in April 2008<br />
85