Today’s business travelers are surprisingly social on the road, according to a recent survey by Four Points by Sheraton, the “best for business” brand of Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT). Aside from sleeping, for instance, survey respondents indicated that enjoying the hotel bar or restaurant with colleagues or business partners was their number one activity during free time, outpacing time spent in the gym, spa, shopping or catching up with local acquaintances. In addition, business travelers are good networkers, with nearly two-thirds of those surveyed reporting that they have kept in contact with someone they met on the plane or at the hotel while traveling on the road. About that flight, though: business travelers draw the line with their own colleagues, as more than 60% indicate that they would prefer to fly alone rather than with a business associate.
These are among the results of a 2012 hotel business travel study commissioned by Four Points that polled a total of 6,000 business travelers globally – 1,000 each from the United States, the United Kingdom, China, India, Germany and Brazil. Four Points is growing rapidly across nearly 30 countries and carefully monitors the needs and habits of business travelers. The first phase of the survey, released in August, explored the use of mobile technology to stay in touch while traveling, while the second phase focused on leisure activities.
“Business travelers have a real need to connect on the road – both virtually and in person,” said Brian McGuinness, Starwood’s senior vice president, specialty select brands. “Our survey results reveal that road warriors are social, preferring to network or to relax in the company of colleagues rather than just enjoying solitary pursuits.” McGuinness continued, “Four Points provides everything our guests need to be productive and comfortable on the road and that includes creating opportunities to connect socially through brand-wide programs like Best Brews ™, which invites guests to gather over a great local craft beer when the work day ends.”
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV