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Airline joint venture contracts take off
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Millennial Business Travelers
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Posts Tagged ‘business travel’
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03 AUG 2010 |
European Business Travel on the Rise
Posted in Facts and Figures by Florian Gränzdörffer
Higher percentage of Business Class flights // Intercontinental flights up 24 per-cent // 13 percent increase in hotel stays // 18 percent rise in car rentals One of the factors reflecting Europe’s recovery from the economic crisis is the latest business-travel figures: in the first six months of 2010, the number of business flights taken by staff of European companies increased by three percent as compared to the same period in 2009. Moreover, the percentage of business travelers flying Business Class has also grown, from eight percent in January 2010 to 10 percent in June. This figure was last reached at the end of 2008, before the economic slump. In total, companies in Europe spent seven percent more on flights in the first half of 2010 than they did in the first half of 2009. These figures are from the latest AirPlus Business Travel Index, a survey conducted by the leading international provider of solutions for business-travel management, covering the first six months of 2010. Read more
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30 APR 2010 |
Taking stock after the airspace closing due to the volcano ash
Posted in Facts and Figures by Florian Gränzdörffer
European Business Travelers Resorted to Railways and Rental Cars // Hotel Accommodations Rose by 19 Percent // Restaurant Expenses Increased by 15 Percent // Flight Bookings in the Crisis Week Reflect Short-Term Planning The airspace closing forced European business travelers to seek alternative means of transportation. Most travelers used trains and rental cars. During the entire week affected by the volcano ash, the number of purchased train tickets was consistently one third above average. The increase in rental car bookings was 17 percent higher. At the same time, hotel overnight stays rose by 19 percent. For restaurant meals, business travelers spent 15 percent more in the crisis week. These are the results of the latest AirPlus Business Travel Index, carried out by the leading global travel payment provider AirPlus International based on the current business-travel figures for Europe. Read more
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23 MAR 2010 |
An Extract From ITM’s Latest Research
Posted in Blog by Paul Tilstone
At times of economic pressure, it is often said that technology and product innovations flourish as companies fight to work creatively to distinguish themselves harder from competitors. In the case of the business travel and meetings sector it appears that an increased frequency of product changes has occurred to distinguish their creators. But product developments also assist in driving revenues through alternative streams in an attempt to establish sustainable business models in sectors challenged by chronic competitive pricing, regardless of economic conditions. Read more
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