Traditional hotel rooms are not always the best choice for business travelers; extended stay properties are evolving to meet the needs of modern customers and homesharing companies are working to appeal to road warriors. The lobby of a Residence Inn in Vancouver, B.C. is shown in this photo. Rick Schwartz / Flickr
The Skift Corporate Travel Innovation Report is our weekly newsletter focused on the future of corporate travel, the big fault lines of disruption for travel managers and buyers, the innovations emerging from the sector, and the changing business traveler habits that are upending how corporate travel is packaged, bought, and sold.
This week we found another reminder of the way that corporate travel is lagging behind leisure. A new study from the Global Business Travel Association shows that just 17 percent of travel policies allow travelers to use homesharing services such as Airbnb.
According to an earlier study, far more travelers — 37 percent — thought they were allowed to opt for homesharing. That discrepancy suggests business travelers might be breaking their own companies’ rules when it comes to staying at an Airbnb or similar properties.
The issue is complicated, the report points out: “For some road warriors, home shares likely feel more comfortable and less sterile than a nondescript hotel room. However, as attractive an alternative as homesharing is for many business travelers, it presents a number of considerations travel managers must take into account.”
Those include worries about safety, security, predictability, deposits, cancellation policies, and a lack of consistency.
Even as homesharing companies work to address the concerns of the corporate travel world, a longstanding business travel option is seeing increased demand. The lodging industry’s extended stay segment is evolving to appeal to younger travelers with more communal spaces and home-like environments.
How long will it take for homesharing to become widely accepted? Will Airbnb threaten extended stay, or will both see increased demand? And how will traditional hotels respond?
— Hannah Sampson, Skift
hunting for a pet sitter to give my cat medicine 4x a day while I’m out of town for business travel is the most adult I’ve ever adulted.— @brickchip
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