New research has revealed how business stay trends have changed in recent years
Booking.com for Business have studied how corporate travellers’ behaviour has changed regarding stays by diving deep into length of stay, property type and facilities data. They looked at data from customers who indicated travelling for business purposes in the first half of 2019 and compared them with data for the same period in 2023.
Business travellers preferred property types:
| Rank | Property Type | 2023 Response | 2019 Response |
| 1 | Hotel | 71.65% | 73.74% |
| 2 | Apartment | 8.87% | 5.77% |
| 3 | Guest House | 4.17% | 4.47% |
| 4 | ApartHotel | 3.79% | 3.78% |
| 5 | Bed & Breakfast | 2.37% | 2.20% |
| 6 | Hostel | 2.13% | 3.00% |
| 7 | Motel | 1.55% | 1.88% |
Taking the top spot by a large majority are hotels, which remained the preferred type of property for global business travelers. In fact, 71.6% of business travelers in 2023 chose to stay at a hotel. However, the proportion of business travelers booking hotels decreased by 2% between the first half of 2019 and the first half of 2023.
Apartments were the second most booked type of property for global business travelers with 8.87% naming this ad their preferred option. Notably, they stayed longer in apartments than in any other property type, with an average of 3.5 nights in the first half of 2023. Business travelers around the world booked apartments on average 3.1% more in the first half of 2023 than in the first half of 2019.
Rounding out the top three as the third most popular property type for business travelers are guest houses, with 4.17% of respondents opting for this option. This preference highlights the appeal of a more personalized and home-like atmosphere, which can provide a comfortable and unique experience during business trips.
Further findings:
- At a country level, France (+11,1%), Germany and Spain (+10.5%) as well as the US and Canada (+9%) saw business travelers increase the duration of their stays significantly. In Italy and Great Britain, business travelers stayed on average 5.2% and 5.2% longer in the first half of 2023 than in the first half of 2019.
- One of the biggest trends shown is that travellers in general booked longer stays in the first half of 2023 than in the first half of 2019. Business travellers stayed 4.76% longer on average in the first half of 2023 than in the first half of 2019.
- Guests travelling for business were 8.8% more inclined to book a place with meeting or banquet facilities. They also gave a high priority to quiet and accessible rooms and easy access to food and drinks. What business travellers want is to get their job done and be efficient.
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