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November 9, 2016

Roundup: New Meetings Promo in St. Louis, New Courtyard Hotel in Toledo

the chase park plazaA new meetings promotion in St. Louis, a new Courtyard hotel in Toledo and the latest business travel numbers from Travel Leaders Corporate are the top stories to watch today in the meetings and events industry. 

“Enhance Your Meeting Experience” Promotion at The Chase Park Plaza

The Chase Park Plaza in St. Louis, MO, is offering planners a new “Enhance Your Meeting Experience” promotion on new programs booked and consumed by April 21, 2017. 

The offer for groups with at least 20 room nights at the hotel includes up to four enhancements, based on the number of room nights contracted. Groups with 20-49 room nights contracted will receive their choice of one enhancement. Groups with 50-100 room nights contracted will receive their choice of two enhancements. Those with 101-250 room nights will receive three enhancements, and groups of 251-500+ room nights will receive their choice of four enhancements.

Enhancements include 10 VIP upgrades; 20 percent attrition; 10 percent off A/V rental; one complimentary room per 30 rooms contracted; complimentary one-hour cocktail reception; and one free future day meeting for up to 10 people inclusive of meeting rooms and full breaks. In addition, any group that books over 400 room nights add two free domestic coach air fares (up to a maximum of $1,000) to be used in conjunction with the booking, along with the choice of four enhancements.

Audio visual rental includes equipment only, and excludes labor. The complimentary reception includes beer, wine, and hors d’oeuvres

The 338-room hotel has more than 65,000 square feet of meeting space, along with an 18,000-square-foot Santé Fitness & Wellness Center, the full-service Aveda Salon & Spa, a five-screen movie theater, an outdoor heated resort-style pool, three dining options (such as The Preston restaurant), and indoor parking.

For information on the offer, call the hotel’s group sales department at (314) 633-1006, or email Tammy McKenna in the sales department at [email protected].

New Courtyard Hotel in Toledo, Ohio

In other hotel news, the new Courtyard by Marriott Toledo-North is set to debut November 16 with 600 square feet of meeting space that can accommodate functions of up to 35 people. 

The 97-room hotel also has hybrid zones for working, sleeping, relaxing and getting ready in guest rooms, as well as a business-friendly lobby environment with media pods, complimentary Wi-Fi and a variety of seating zones. The business library has several computer terminals, along with a printer and separate computer stations dedicated solely to printing airline boarding passes and checking flight status, and the rest of the hotel includes an indoor swimming pool, fitness center and guest laundry. 

Visit courtyard.marriott.com

Travel Leaders: Trip Costs Down in Q3 2016

In business travel news, Travel Leaders Corporate has released a new study on booking data from the third quarter of 2016 that shows the average cost of an international trip (air, hotel and car rental) declined quarter over quarter to $2,287. That result is also 3 percent lower than in the third quarter of 2015. 

Domestic airline costs also fell, with the average ticket price at $403, down nearly 5 percent from the previous quarter and 7 percent year over year. While the overall average nightly rate for a domestic hotel decreased slightly (1.3%), costs increased in nearly one third of the top 25 U.S. cities. 

The average cost of an international business trip (air, hotel and car rental averaged together) continued its declining price trend that started in the first quarter of 2015. From Q2 2016 to Q3 2016, international trip total costs declined very modestly by less than 1 percent. Since the third quarter of last year, however, the data underscores a different story – the average overall coast of an international business trip has dropped 3 percent. The strength of the dollar, relative to the pound and Euro, has contributed to the softening of international corporate travel prices.
With regard to hotels, the average nightly cost of an overseas hotel fell 7 percent to $184 in Q3. But domestically, the average nightly hotel rate rose for the most part, and, in 60% of the top 25 U.S. cities, the average nightly hotel rate was at or above the national average of $155. The major exceptions were Florida markets (Fort Lauderdale, Miami, Orlando and Tampa), which all showed sharp decreases in the third quarter. The cities that had the greatest increase in hotel prices were Detroit (+12%) and Salt Lake City (+10%). U.S. business travelers spent an average of $413 on their hotel, per trip. This represents a 17 percent increase since Q4 2013, when the average hotel trip cost hit a record low of $353.

Other key findings: 

Trip Length: Average length of an international business trip has decreased from 6.31 to 5.82. The average length of a domestic trip increased from 2.99 (Q2 2016) to 3.05 this quarter.

Airline Advanced Purchase: Travel Leaders Corporate’s third quarter data indicates that corporate travelers are split nearly evenly in each category of advanced purchasing of airline tickets: 0-6 days before departure, 7-13 days before departure, 14-20 days before departure, and 21 or more days before departure. As a best practice, Travel Leaders Corporate recommends booking at least 14 days in advance for cost savings, and for those booking at least 21 days in advance, instead of 0-6 days, there is an average price difference of $162.

Rental Cars: Across the board in the top 25 markets, the third quarter continued a trend of decreased average daily rates in car rentals. Only Atlanta, Charlotte, Detroit, Las Vegas, Miami, Minneapolis, Salt Lake City and St. Louis showed increased car rates, and many of those markets were still under the national car rental average of $38.23.

Source: Travel Leaders Corporate

Have a tip on major meetings and events industry news, or an inspiring story you’d like to share? Reach out at [email protected]

And keep visiting www.internationalmeetingsreview.com for the latest meetings and events industry news, trends and updates. 

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About the Author: Adam Leposa





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