SMEs buck room night trend
Business travel in the SME sector is reportedly bucking the downward trend of room night bookings.
Bookings made by members of WIN, the international travel network, show an increase in total room nights booked by UK TMCs on behalf of SMEs of 5.49% from January to June 2017 versus the same period last year.
In addition, the total number of room nights booked to the UK by international TMC members was up by 10.98% during January to June 2017.
Neil Armorgie, CEO of WIN, says: “These figures show that both our international members and UK members are performing well and business travel continues to drive forward.
“Typically, our members operate in the SME sector which is performing well, and better than many predicted at the turn of the year. SMEs are generally less affected than large conglomerates by geopolitical events and quicker to recover in times of economic uncertainty.”
Figures show UK TMC members have increased domestic room nights by 6.40%, while overseas nights are up 4.77% in the first six months of 2017.