Travel suppliers have depended largely on business travel astheir main source of business and profit because it is less priceconscious and finicky compared to the pleasure travel market. Thepast recession has caused corporations to scale-down by drasticallyreducing business related travel;...

This study looks at predicted and actual hotel rates for 1992 from theCorporate Travel Index. The Corporate Travel Index survey, which is conductedannually by Corporate Travel Magazine in conjunction with Rochester Instituteof Technology, is analyzed from an accuracy stand point.Forecasts in the...