U.S. government hotel spending could dip 20 percent
“Experts say the decrease in hotel spending is in large part because of budget cuts, increased scrutiny of travel spending and directives from the Obama administration to reduce travel spending…
Agencies’ spending on hotels dropped more than 7 percent last year, from $308 million in 2010 to $285 million in 2011, according to figures from the Federal Procurement Data System.
Federal spending on hotels for the first three quarters of 2012, at $171 million, is about $44 million less than for the same period in 2011. If agencies spend at the same rate in the final quarter as they did in the first three, the government will finish fiscal 2012 having spent $57 million less on hotels than in 2011, a 20 percent decrease, according to Federal Times analysis.”