What is the meaning / definition of Business Hotel?
A Business Hotel is an establishment where the main client segment stems reason for travel is business. Due to several reasons this segment establishes itself as highly profitable to hotels.
As business travellers mostly tend to stay at hotels during the week, they allow the hotel to increase their occupancy on weekdays when the leisure segments is not as present. Business Hotels tend to cater towards the business segment with amenities such as meetings rooms, in-house catering and are located in high proximity to city centres, convention centres and/or commute systems.
See also:
- Boutique Hotel
- Resort
- Youth-Hostel
- Negotiated Rates