Business travelers opt Vacation Rentals while on the road.
October 26th, 2011 |There are many luxurious amenities a business traveler enjoys while sleeping on the
road: fluffy beds, room service, decked-out fitness centers and concierges.
These amenities make traveling more comfortable. But when it comes down to it, take
it from Dorothy: There’s no place like home.
Some business travelers say they prefer staying in furnished vacation rentals, corporate
housing and inns versus hotels, particularly for lengthier stays.
That’s not just because alternative accommodations usually come with more space, free
Wi-Fi, free laundry facilities and free parking, but doing so helps battle the
lonesome blues while offering homey and off-the-beaten-path experiences.
“Living in hotels can be very depressing,” says Mark Mule, a traveling pit
orchestra musician who is usually on the road for weeks or months at a time.
“Corporate and vacation rentals are homes. This is good for your
head.”
Hotel occupancy rates have slowly declined in recent years. Nationally, hotels
enjoyed 63% average occupancy in 2005, according to Smith Travel Research. By
the end of 2010, that figure had fallen to 57.6% (but it’s up from its
five-year low in 2009 of 54.6%). That’s partly because of increased supply and
less demand since then. As the economy recovers, travelers seek value. Continue reading “Business travelers opt Vacation Rentals while on the road.” »












