Corporate Travel Managers Adapt Hotel Sourcing Strategies Amid AI Growth, Spending $461 Billion Annually on Lodging
📈 Corporate travel managers adapt strategies in response to market changes and AI advances, as detailed in GBTA's and Radisson Hotel Group's 2026 research. Business travelers globally spend $461 billion annually on lodging. Key findings show 54% of companies outsource RFP activities, with 64% of large companies doing so partially. In Europe, 64% of travel managers outsource, compared to 52% in North America. Dynamic discounts are rising, with 49% of hotel programs adopting them, reflecting a shift in pricing strategies.
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