Corporate travel trends to emerge in the first
few months of 2009 for Asia Pacific indicate companies are
starting to slowly spread their wings and resume long-haul travel.
According to FCm Travel Solutions, corporate
travel and expense management consultants, demand on key corporate
routes to destinations in the US and Europe remains sluggish,
however early indications, particularly in the months of April and
May, now show businesses in Asia Pacific are beginning to travel
outside the region again.
The return to long-haul flying is one of a
number of corporate travel trends to come out of an industry
wrap-up of the first few months of 2009, conducted by FCm.
The data shows corporates also are closely
travel programs and modifying their preferred hotel
programs to include more 3.5 and four star hotel properties.
Businesses shifting to lower rated properties are requesting more
inclusions such as free-wireless and discounted dining.
Small to medium sized businesses that
have embraced an open skies policies for air travel have
been able to reduce the average price of tickets by as
much as 15%.
FCm Travel Solutions global brand leader Rob Flint said one of
the more positive trends to emerge from 2009 had been the massive
savings corporates have achieved as a result of changes made late
last year to corporate travel programs.
of the global financial crisis has forced many companies to revise
their travel programs and corporate travel culture to ensure the
same level of travel for less money,” Mr Flint said.
“During September and November of 2008 travel policies were
revised in two ways which resulted in more travellers using
Economy class and directives included in travel programs to
consider more cost effective alternatives.
seeing more business travellers taking accountability for their
travel spend and managing their travel needs in a smarter fashion
to ensure they can do the same number of trips and contain costs.
“These policy changes combined with the current
climate of discounted rates are yielding significant savings for
Other areas of corporate travel
programs that have come under review this year have been corporate
deals with airlines, hotels and cars.
have been focusing on maximizing value for money on supplier
products and services and renegotiating products due to downgraded
air class travel and hotel accommodation.
said that during the first quarter of 2009 there had been a
dramatic change in business travel patterns that had affected
airlines and hotels.
“The changes we have seen this
past quarter are a good reminder to TMCs and corporates of how
flexible and nimble we need to be to adapt to a constantly
changing economic environment and to successfully drive continued
value from our travel programs,” he said.
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