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TrendLetter Vol.3

TrendLetter Vol.3

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Published by TravelDailyNews
TrendLetter Vol.3
TrendLetter Vol.3

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Published by: TravelDailyNews on Aug 15, 2014
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09/06/2014

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Worldwide, around 1,500 travel managers were

surveyed to find out their views on how the current
economic situation will affect business travel for
their organisation. This question was initially posed
in September 2013 and repeated in February 2014
before the escalation of the Crimean Crisis.
On a global level, there were minor differences
between the two sets of questioning. More than
half of the travel managers interviewed assume that
the current economic situation will have no impact
on travel behaviour. This shows that business travel
is considered a necessity by most companies, even
in times of crisis. A sense of ‘Summer Fever’ has
spread: the share of companies which expect a
positive outlook on business travel has risen by
5 per cent to 17 per cent.
AirPlus Trendletter 2014 Volume 3
How the evolving economic situation
affects business travel
www.airplus.com
The table below clarifies how the outlook on
business travel has changed over the last six months
at a regional level. Eastern Europe and Latin America
show a markedly more optimistic perspective of
business travel. Moreover, in these regions the
positive effects far outweigh the negative ones.
This trend may be explained by the Winter Olympics
in Sotschi and the FIFA World Cup in Brazil.
The current economic situation
reveals an impact on business
travel behaviour
Increases in trip numbers and costs
In %
Number of trips
Eastern Europe +17
Western Europe +2
Latin America -27
Southern Europe -3
North America +6
Asia-Pacific -2
South Africa +3
Northern Europe
Changes between September 2013 and February 2014 in per cent
per region
+8
Expenditure for trips
Negative effects
+43
Positive effects
+5
+30
+6
+3
-10
-10
-5
50%
40%
30%
20%
10%
-20%
-30%
-10%
28 58 12
Impact of the global economic situation on
business travel behaviour
In %
September 2013
February 2014
28 53 17
Positive effects Virtually no effects Negative effects
Travel managers who expect a positive development
in business travel were asked which specific positive
effects they expect to see. On a global level 83 per
cent expect more frequent business trips compared
to 68 per cent that expected this in September.
Longer business trips are expected by 45 per cent
of the respondents (compared to 35 per cent in
September 2013). More than a third of the optimistic
travel managers anticipate the relaxing of travel
guidelines in their own organisation, as well as higher
individual travel budgets.
82 per cent of the travel managers who perceive
that the economic situation will have a negative
impact on business travel, cite reduced travel activity
(82 per cent) and a tightening of travel guidelines
(68 per cent) as a consequence. Almost half of
the surveyed travel managers connect the negative
effects with a decline in trip length. Only 3 per
cent associate the negative effect with an entire
discontinuation of travel. A complete termination of
travels is generally used in very few companies, and
distinctly fewer than in September 2013.
For more information on AirPlus’ products
and services, please contact us directly at:
AirPlus International Ltd
T +44 (0) 20 8994 4725
F +44 (0) 20 8987 6113
london@airplus.com
www.airplus.com
WINNER
BEST CORPORATE
CARD PROVIDER
WINNER
BEST CORPORATE CARD
PROVIDER
2012
Reduced travel activity and
tightening travel guidelines could
cause negative effects
Positive expectations lead to
increased business travel
88
Positive effects on global business travel
behaviour
In %
Reduced
travel activity
Direct cost savings
through cheaper
Tightening of the
travel guidelines
Shorter trips
Complete
travel ban
82
68
72
50
10
45
3
September 2013 February 2014
82
82
flights or hotels
This survey was conducted in late 2013 and early
2014 by the international market research company
2hm on behalf of AirPlus International. A total of
1,483 travel managers were surveyed in: Australia,
Austria, Belgium, Brazil, Canada, China, Denmark,
Finland, France, Germany, India, Italy, Mexico,
Netherlands, Norway, Russia, Singapore, South
Africa, Spain, Sweden, Switzerland, Turkey, United
Kingdom and United States.
About the study
35
Positive effects on global business travel
behaviour
In %
More business
trips
Longer business
trips
Relaxing of travel
guidelines
Higher individual
travel budget
45
37
29
36
34
September 2013 February 2014
68
83

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