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Corporate travel managers pick up most of their expertise on the job
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Posts Tagged ‘business travel’
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24 OCT 2011 |
Economic Flux
Posted in Blog, The Wire by AirPlus Editor
As the economy continues to loom uncertain, corporate travel managers are poised to take action to rein in costs if necessary. Through the end of last year and the beginning of this year, industry experts were bullish on business travel, with business travel predictions for volume and pricing nearing or exceeding pre-recession levels.
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27 AUG 2010 |
On the Up and Up
Posted in Blog, The Wire by AirPlus US Team
Business travel buyers and suppliers project rising travel volumes and identify new pressures from upper management for the second half of 2010. Airlines, hotels and car rental companies in the United States reported good to excellent recovery patterns as business travel hit an acceptable stride in the second quarter of 2010. These earnings numbers are supported by worldwide travel agency sales data from Airlines Reporting Corporation, which has shown an average increase of 21.7 percent over the first half of 2010 based on 7.5 percent higher domestic transactions and 11 percent more international transactions when compared to the same period last year. In an online survey of 80 travel buyers and suppliers conducted in late July and early August by AirPlus International, rates of optimism surrounding travel volume increases for the second half of 2010 showed some marked differences for buyers versus suppliers. The majority of both groups projected business travel volume increases overall, and a larger percentage of buyers than suppliers actually expect to see increases in their company‘s business travel volume in the latter half of 2010 when compared to the same period last year. Suppliers, however, showed somewhat more optimism than buyers when asked about the specific rate of that increase.
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20 AUG 2010 |
Economy or Business? Look at the Whole Picture!
Posted in Blog by AirPlus Editor
Booking an Economy Class flight does not always pay off – Reaching your destination rested and relaxed, working during flights: Business Class can make sense, not only on long-distance flights – What counts is having clear travel policies. The trend in business travel has remained unchanged for the past few years – Economy rather than Business Class. The reasons include the increasing, and indeed sensible, introduction of travel policies and the acute pressure to economize due to the recession over the past two years. Large companies were the first to react to the crisis; smaller ones followed soon after. However, saving money by booking Economy Class tickets does not necessarily show the whole picture of long- or short-haul flights. The health of the travelers and the potential opportunity costs must also be considered when booking a flight. Read more
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