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Data Dive: How 2021 Priorities Can Be Guided By Leakage Data
Data Dive: How 2021 Priorities Can Be Guided By Leakage Data
As the new year approaches, many companies face a policy dilemma: Should travel programs be mandated to eliminate out-of-program bookings in the name of safety and duty of care, or should organizations provide individuals even greater choice of where and how they book to accommodate for heightened travel anxiety?
Examining amount of leakage spend as a % of category
31%
average leakage accounted for spend across air, hotel and car
49.1%
average leakage spend for hotel category, accounting for the greatest share of leakage spend
9.5%
average leakage spend for air category
26.8%
category high leakage spend for air category
58%
variance in nightly purchase between in-channel and out-of-channel hotel bookings
8%
variance in purchase for air
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If you’re looking to get more visibility into your company’s historical program leakage or you’d like data-driven guidance on how to keep track of travelers and structure your travel policy in 2021, contact us today.
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Welcome to Emburse Analytics Pro Travel, where we turn our focus to a particular trend or industry development to let the data tell the story.