That's not really an answer. I understand that some people want to freeze in time and having problems jumping from 11 to 17 version, but I don't understand why do they want that. Is there any compatibility issues preventing use of Java 13, for example? I understand that migration path for Java 9 was not very clear because of modules, but that's not the case for Java 11.
I guess you do not work in an enterprise environment. There are many reasons to use LTS releases, stability and security comes to my mind first. 3rd party requirements are also important in this topic.
Non-lts is a risk because if something crops up that prevents upgrade then you are very quickly out of support, which also sort of forces you to actively keep up with and test beta versions. In comparison the LTS versions have plenty of overlap so you have good time to resolve any issues that might come up, and you have had three years to test with the intermediary versions so its less likely that there will be any big surprises.
LTS version is like a checkpoint. Its support will be long term, i.e. security patches will be released on them. The versions in between don't get support.
It's not always because of development reasons. There are administrators at the customer's side that favor everything with LTS in its name, because of security fixes and support. We are selling on-premises products. If this was a cloud solution, then LTS would not have mattered much for us.