Orbitz: Despite Recovery, Business Travelers Still Cost-Conscious

Although corporate travel appears to be rebounding, individual business travelers — 91 percent of whom book their own travel — remain vigilant about the costs of their trips, according to a new survey by Orbitz for Business, which found that 70 percent of business travelers feel personally obligated to save their company money when booking travel.

"Companies and travelers are smarter about the way they travel," said Orbitz for Business President Frank Petito. "Corporate travel managers are being asked to be more traveler-centric, and not only allow self-service, but encourage it."

According to Orbitz for Business, 38 percent of business travelers have flown economy class on domestic flights to cut travel costs, while 64 percent book flights at least two weeks before a trip to avoid the higher fares associated with last-minute bookings.

Although cost continues to be top of mind, 20 percent of business travelers say they've avoided cost cuts so far in 2010, and 54 percent that they're planning to take the same number of business trips in the second quarter as they did in the first.