Companies are experiencing increased costs for overnight work trips due to changes in the hotel industry's pricing models.

This shift has resulted in greater unpredictability in hotel rates, especially during peak travel periods, causing businesses to reevaluate their travel strategies.

Many companies that previously relied on fixed-rate long-term contracts are now adjusting to a more volatile pricing environment.

Consequently, some organizations are shortening or canceling trips to effectively manage expenses.

This trend underscores the growing difficulties companies face in balancing travel needs with budget constraints amidst fluctuating hotel prices.