BTN Europe presents an overview of business travel and MICE predictions for this year
Businesses are shifting their travel management programmes from cost to a more traveller-centric approach, according to a new report from travel consultancy Advito.
The company said it has been tracking a “gradual but noticeable” shift in approaches to corporate travel.
It suggested that buyers find that achieving the highest levels of travel programme savings and trip productivity is “impossible” without the support of a company’s travellers.
“Travellers inevitably make buying decisions they believe are necessary to satisfy their own and their company’s expectations for their business trips,” said Lesley O’Bryan, principal and VP of Advito. “By working at a program level, companies can eliminate a large number of small spending decisions that individual travellers would make — while maintaining high traveller satisfaction.”
In its analysis of recent pricing trends, Advito’s June update finds that despite instances of regional market fluctuations, airfares and hotel prices globally are expected to remain steady on average throughout the remainder of 2017.
The update also found that global air traffic grew at 7 per cent year-over-year during the first quarter of 2017, and fares could slowly trend upwards in the second half of the year.