12 December 2022, etc.venues Monument, London
Business Travel Show Europe, presented by The BTN
21 November, London Hilton Metropole
Around half of travel buyers predict they will spend more on travel in 2016 than they have this year.
Research from ITM and ATPI Corporate Travel shows travel managers are predicting a “buoyant” year for the industry as confidence in the sector grows.
When asked for their business predications for 2016, 53 per cent of buyers said they thought their employees would travel more next year.
The study of 36 senior travel buyers showed 80 per cent of respondents said they were ‘very’ or ‘quite’ confident when asked about their fiscal outlook for 2016.
Despite the study showing business travel spend will go up, more than half of buyers will look to reduce costs in 2016.
ATPI Group UK MD Adam Knights said: “Our research brings some positive predictions for business travellers in the coming 12 months.
“With the economy continuing to recover in the UK, the value that employers place on travel is heartening.
“While there are many imminent changes and opportunities coming in future years, when thinking about business travel those in professional services are planning for the long term.”
In July, ATPI Group announced it was expanding its partnership with travel security company International SOS.