Payments & Cards
Small Business Owners Realize Benefits in Taking Vacations, but Still Struggle to Unplug, Marriott Rewards Premier Business Credit Card Survey Reveals
WILMINGTON, DE Jun 14, 2016 While Traveling for Business, SBOs Build in Their Own “Earned Time Off”
Two-thirds of small business owners think taking a personal vacation benefits their business, including improved focus, creativity and motivation, according to a new survey released today by Marriott Rewards Premier Business Credit Card. Despite knowing the importance and benefits of completely unplugging from work, only 25 percent of small business owners are able to do so, and nearly three-quarters worry about the work and responsibilities they are missing during their time off.
To address this struggle, 85 percent of small business owners (SBOs) intentionally carve out time for personal activities during a business trip.
"While small business owners enjoy making their own schedule and being their own boss, they often miss out on perks such as guaranteed paid time off. As some of the most dedicated workers in the country, small business owners deserve a break and this survey shows they are finding time off while traveling for business."
Vibhat Nair, general manager, Chase Card Services
The Marriott Rewards Premier Business Credit Card is introducing new benefits to make it even easier for small business owners to take a well-deserved break. All cardmembers now have an enhanced path to Gold Elite Status when they spend $50,000 a year and, for a limited time, new cardmembers will be able to earn 100,000 bonus points when they spend $5,000 on purchases in the first three months from account opening.
Additional key findings from the Marriott Rewards Premier Business Credit Card survey include:
About the Survey
This report presents the findings of an online survey conducted among a nationally representative sample of 1,001 small business owners with 99 employees or less, ages 25 and older, who travel at least three times per year for work. The survey was conducted from April 19, 2016 through April 29, 2016 and the margin of error is +/-3 percent with a 95 percent confidence level.
About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda, Maryland, USA, with nearly 4,500 properties in 87 countries and territories. Marriott International reported revenues of more than $14 billion in fiscal year 2015. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together comprise more than 56 million members. For more information or reservations, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com