NYU Analysis: Corporate Hotel Rate Increases in 2015 to Outpace Recent Years

September 16, 2014

NYU hospitality clinical professor Bjorn Hanson says the average corporate negotiated hotel rate in the United States will increase between 5.5 percent and 6.5 percent, according to a report in Business Travel News.

“This should be a year for corporations to pay more, and hotel executives are viewing 2015 as an opportunity to catch up,” said Hanson, whose analysis is based on industry data and interviews with corporate travel and hospitality executives. “If you go back to 2007 and look at inflation, rates should be higher than they are now, and occupancy is up by two full points this year.”

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