HotelsMag Jan-Feb 2024 | Page 17

are traveling , they tend to be more mindful of the reasoning and make a conscious effort to maximize their time .
In addition to making travel more purposeful , said Spence , “ we also see this to be a strategic decision to help deliver a more sustainable travel program .” As companies continue to travel , he said , “ we can anticipate this trend of fewer but longer trips to remain a constant , in part due to its reduction of carbon emissions .”
Within the hotel sector , according to Jeannie Milazzo , senior consulting manager for Amex GBT , the return of 2019 level spending is almost certainly going to occur before the return of room nights , a result of the rising cost of stays . With a regained confidence and sense of appreciation for business travel , the company expects upward movement to continue beyond 2024 .
FRANK PASSANANTE , SVP AND GLOBAL HEAD OF SALES FOR HILTON , SAID THAT HILTON EXCEEDED 2019 PEAK LEVELS IN THE THIRD QUARTER ON GROUP BUSINESS .
FCM , a major TMC , has made a full recovery , with business travel now exceeding pre-pandemic levels , according to Billy McDonough , president , Americas .
From the hotel vantage point , Hilton has seen business transient and group demand returning to 2019 levels , with respect to both large and small accounts , according to Frank Passanante , SVP and global head of sales for Hilton . On the group side , Hilton exceeded 2019 peak levels in the third quarter . And small and medium sized businesses ( SMBs ) represented roughly 85 % of Hilton ’ s business transient guests . With that base established , said Passanante , the company expects continued improvement in business transient and group demand in the coming year , as well as increased interest in international markets .
STANDING ON SHOULDER NIGHTS NO MORE Shifting behaviors have significantly affected the traditional Tuesday-Thursday business travel pattern , said Demuth . Historically , Thursday and Sunday were the slowest nights because travelers wanted to be home or get home . Now , those nights are much stronger , particularly in businessoriented destinations like New York , Chicago and Washington . D . C ., as travelers extend trips for leisure purposes or to meet sustainability criteria .
Tammy Routh , SVP of global sales for Marriott International ,
said the company continues to see guests blending their trip purposes , as evidenced by Sunday and Thursday night bookings , as well as adding days pre- and post-conference , looking for ways to include family and friends before or after a meeting , or simply extending their business travel to include a few days of leisure .
The flexibility provided by hybrid arrangements , said Italo Bustíos , VP of sales and marketing , Caribbean & Latin America , Highgate , has resulted in an increased length of stay for all his properties , including the Westin Lima Hotel & Convention Center , that have business transient as a relevant part of their mix .
Brian Macaluso , Sonesta Hotels ’ VP of global sales , reminisces about the yesteryear of business travel . “ I remember when Tuesday and Wednesday were peak individual business travel days for travelers and hotels ,” he said . “ Now , work from anywhere is the new trend and I don ’ t see it changing any time soon .”
With enervated office occupancies and fewer overall office visits , Macaluso said Sonesta is seeing more trips to meet with what are now-remote team members , prompting the need for smaller meet-up spaces .
Sonesta , said Macaluso , is seeing companies organizing team meetings at a regional level to win back some face-toface time from time lost during the pandemic . “ They ’ re hosting quarterly small groups that are coming together to maintain culture and relationships that
THERE IS GREAT OPPORTUNITY FOR HOTELS TO CONVERT BALLROOMS OR EVEN GUEST ROOMS INTO MEETING SUITES AND CHANGE THEM BACK FOR LEISURE GUESTS FOR THE WEEKEND
– ZACH DEMUTH , GLOBAL HEAD
OF HOTEL RESEARCH , JLL
would have been satisfied previously by time spent in the workplace ,” he said .
MEETING NEEDS How does the transformation of business travel impact the hotel product itself ? For Demuth , it means getting back to basics . “ It blows my mind ,” he said , “ that you might not always find reliable WiFi in a hotel , which is the number-one thing that business travelers demand ; not just reliable , but high bandwidth .”
Business travelers , said Demuth , now see hotels as not just places to stay , but venues to congregate within , with
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