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FOR IMMEDIATE RELEASE
November 30, 2006

Erdos & Morgan and Beta Research Announce
Their Biennial Study of Business & Leisure Travel Markets


The study focuses on the findings as to who the business and leisure travelers are; where and why they are going on domestic or international trips; and what current travel patterns and trends hold for the future of American travelers. Additionally, the study contains information on readership of more than 90 magazines, nearly a dozen daily and Sunday newspapers and viewership of more than 40 cable television channels. It also addresses the factors that influence choice in decisions for travel arrangements regarding transportation, lodging and car rentals.

The sample for this survey is comprised of a nationally representative sample of adults, 18 years or older, living within the 48 contiguous United States (including Washington, D.C.). To qualify for inclusion, the adult must live in a household with an income of $50,000 or more and have traveled for vacation/leisure/personal and/or business reasons in the past three years.

The study was fielded during the week of April 17th, 2006 to 15,000 qualified households randomly drawn on a state-by-state basis to replicate the adult population living in households with incomes of $50,000 or more. Six key variables are held constant when drawing the sample; namely, sex, geographic division, age of head of household, household size, household income, market size.

A partial summary of the key findings are as follows:

Reasons traveled for business in the past 12 months
Reasons traveled
%
Conventions
39.0
Training
31.1
Seminars
25.6
Corporate meetings
22.9
Client meetings/Sales calls
19.9
Trade shows
13.1
Team building
9.8
Internal sales meetings
4.8
Incentive travel
1.0
Other
16.0

 

Qualities most important in selecting a hotel/motel for business trips
Qualities
%
Location
55.0
Price/Discounts
33.1
Non-smoking rooms
32.9
Security/Safety
29.5
Good restaurants
19.4
Internet access
15.4
Late check-in/check-out
14.0
Express checkout
13.5
Reputation
13.1
Business services
12.1

 

How your vacation/leisure/personal trips are usually booked
How Booked
%
Through the Internet
65.0
Call hotel/motel directly
36.5
Call airline directly
17.7
Use a travel agent
13.2
Other
6.7

 

Most important factors when making leisure travel decisions
Factors
%
Provides good service
88.9
Has pleasant and efficient employees
86.1
Safety/Security
83.7
Price
78.1
Has casual dress attire/surroundings
59.6
Is easy to get to
58.6
Is located within the U.S.
51.5
Offers a broad range of activities
41.6
Has first-rate dining
30.6
Recommended by friends/family
28.5

 

Sources used in travel planning
Ever Used
Business
%
Leisure
%
Surfing the Internet
56.3
53.0
Friends/Relatives
54.8
55.6
Internet travel sites
45.6
42.2
Travel guides/books
38.3
36.7
Brochures obtained directly from resorts/tourists boards
34.6
34.8
Travel agent
34.4
32.4
Articles in travel magazines
30.9
28.3
Auto club brochures/books
30.4
30.6
Articles in newspapers
29.1
28.3
Travel section in newspaper
28.8
28.6

 

Erdos & Morgan is a full-service market research company offering a broad range of services to corporate America, the media, and advertising agencies. Founded in 1947 by Paul L. Erdos and Arthur J. Morgan, our years of experience have provided us with unparalleled familiarity with the types of questions and analyses focused on business-to-business research.

Erdos & Morgan is readily identified as a leader in business-to-business research and has emerged as one of the premier international market and media research companies based in the United States.

Beta Research has been fielding custom and syndicated studies since 1970, and is a full service market research firm. Its methodologies span both qualitative and quantitative approaches. Clients include pharmaceutical companies, consumer goods manufacturers, healthcare organizations, media companies, direct marketers and ad agencies.

For more information on Erdos & Morgan and Beta Research’s Travel 2006–2007 Study or their other services, please contact Nicholas Ferrari or Jason Gorelkin.

 



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Jason Gorelkin
Chief Executive Officer

Phone: (516) 935-3800
Fax: (516) 935-4092
   
E-mail: jason@nybeta.com
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