SUBSCRIBE TO OUR FREE NEWSLETTER
PUBLISHED |

More business travel forecast in 2010

More business travel forecast in 2010 article image
Business travel will increase gradually in 2010 but travel policies will be stricter, according to travel management company FCm Travel Solutions. "Consumer and business confidence is starting to shift and I think we’ll see levels of business travel gradually start to strengthen again," said Shannon O’Brien, FCm's executive general manager for Australia. "We’re predicting that 2010 will be a crucial year for further policy tightening, airline and contract reviews and price benchmarking, which will help to realign corporate travel programs for the changing landscape of 2010." Many businesses have reviewed their travel policies as a result of the economic downturn, and will be more careful about enforcing the guidelines. Changes include encouraging executives to: share apartments, eat at cafes rather than expensive hotel buffets, book airfares as early as possible, consider more cost effective classes of travel and abide by stringent pre-trip approvals. "Travel management companies also will be negotiating extras into client hotel contracts, but only for things that companies have proven they use such as internet or parking," said O'Brien. FCm has also seen more frequent use of low cost carriers and predicts this will continue as corporate travellers accept cost over comfort. However, O'Brien noted that the lower prices may not be as available in the coming year: "There is talk some of the extremely competitive fares enjoyed during the early part of 2009 could start to disappear."

Tags

Leave A Comment

Spinning icon Saving your comment, please wait...
Spinning icon Saving your comment, please wait...