For Immediate Release
Monday, February 22, 2016
For information contact:
Steve Glenn, Phone: 402.458.9849
Survey finds 36% will pay $100 or more
1096 travelers participated in a survey launched on February 9, 2016 by Executive Travel which asked, “How much additional money will you pay to take a non-stop flight versus one with a connecting flight (i.e. with a change of planes in Chicago)?” With an overwhelming majority, 81% of participants would pay extra for shorter travel times to avoid the possible hassles of layovers and missed flights. 45% said they would be willing to pay $50 extra, 26.7% said they would increase spending by $100, 9.2% would be willing to pay more than $100, while only 19.1% would not spend any extra.
Steve Glenn, CEO of Executive Travel commented, “Travelers today are willing to spend extra on a non-stop flight. Not only does it save a lot of travel time, it also increases the possibility that you will arrive on time at your destinations and also decreases the “hassle factor” of changing planes and fighting the possibilities of missing connecting flights because of flight delays or cancellations. ”
Glenn continued, “You have an almost one in five chance that one of your flights will be delayed (based on an 80% on- time arrival rate for connecting flights). Paying a small $50 to $100 extra for a non-stop flight dramatically reduces the odds of suffering through a lost or cancelled flight. “
Information about Executive Travel:
Executive Travel, founded in 1986, is one of the largest and fastest growing travel management companies in the U.S. The company has been a pioneer in online travel reservations and implementing the virtual workplace.. Inc. magazine ranked Executive Travel as the fastest growing Travel Management Company in its 33nd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. Executive Travel has been on the prestigious list for three consecutive years.
Executive Travel specializes in helping companies implement comprehensive travel management programs that lower the total cost of corporate travel. Using state of the art technology combined with aggressive management systems Executive Travel has been able to enjoy strong growth throughout its 30 year history.
Executive Travel is an affiliate of BCD Travel. BCD Travel operates in more than 90 countries and is the world’s third-largest travel management company. Combining global strength with local service, BCD Travel offers an integrated technology infrastructure that provides intelligent analysis of travel data, allowing corporations to maximize the return on their travel investment.