Posted in Budgets Suppliers

More Lodging Industry Data Shows Slowing Travel Growth

Lodging industry performance reports and forecasts published this week by research firms showed continued weakness. They are the latest data points reflecting or predicting a…

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Posted in Budgets Risk Suppliers

Recession ‘Almost Tangible’ In Corporate Travel, But Signals Are Mixed

Chicago — The next economic recession always is a matter of when. Currently in a 10-year run of strong performance, the travel industry is starting…

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Posted in Negotiating Suppliers

Results Are In: Corporates Held The Line On Negotiated 2019 Hotel Rates, Tripbam Clients Did Better

With another annual contracting season mostly in the rear view, the three largest travel management companies reported modest increases in their clients’ negotiated corporate hotel…

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Posted in Budgets Negotiating

Hotel Rates Keep Rising, But New Supply In Some Cities Gives Buyers Leverage

It’s another tough negotiating cycle for corporate hotel buyers. Healthy demand and tight availability mean some hotels are even declining to bid. But it’s not the same…

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