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Asia Pacific Business Travel Volumes Up More Than 60% in H1 2012

Travel News Asia Latest Travel News Podcasts Videos Thursday, 30 August 2012
 

Accor has revealed the findings of its third annual Accor Asia Pacific Business Traveller Research, which seeks to better understand the travel and behavioural preferences of business travellers based in the region.

The survey interviewed almost 2,600 respondents representing 26,000 business trips from nine countries in Asia Pacific, who made business trips in the first half of the year.

According to the survey, the average number of trips taken by Asia Pacific executives increased by 67% in the first half of the year, with ten trips reported in the first half of 2012 versus six trips over the same period last year.

Mainland Chinese executives posted the highest increase in volume, with the average Chinese business traveller going on 17 trips in the first half versus nine trips over the same period last year.

The next highest increase was among Indian travellers, who took 13 trips compared to seven last year. Singapore was the only country surveyed where business travel remained flat year on year, with the average traveller taking seven trips in the first half of both 2011 and 2012.

The survey found Singapore emerging as the region’s most popular business destination in the first half of 2012 - the city-state appeared in the “Top 3” destination lists of nine key markets surveyed. Last year, Singapore and Hong Kong vied for top honours. Thailand emerged as another key business destination in the first half, appearing the “Top 3” lists of travellers from Malaysia, Singapore, Hong Kong, India, Mainland China and Indonesia.

The planned destinations for the remaining half of 2012 are similar to those countries travelled to in the first six months of the year, with the exception that Japan moves into the “Top 3” for Chinese and Thai business travellers for the first time since Accor began the annual survey in 2010.

According to Evan Lewis, Vice President, Communications, Accor Asia Pacific, “In this year’s survey, business travellers have told us that Singapore is their top destination in Asia Pacific and that they expect to continue travelling to the city-state in the second half of the year. The findings underscore Singapore’s importance as business gateway to Southeast Asia.”

Allocated hotel budgets increased slightly on the whole, with the average nightly room budget creeping up by 3.3% to US$125 from US$121 last year. Singapore-based business travellers increased their average nightly hotel spend more than any other country, budgeting 16.4% more per night than last year, followed by Australian (9.5%) and Indian (3.9%) business travellers. Indonesian travellers had the sharpest budget decrease (12%) and the lowest accommodation budget, at an average of US$81 per night.

Another key finding from the survey is the reasons Asia Pacific executives reported for increasing their travel this year. A change in job-title requiring more travel (38%) coupled with an increase in business activity (35%) and increased sales and marketing efforts (28%) were the most frequently-cited reasons why business travel increased year-on-year. Indian and Thai business travellers were the most bullish, with 47% of Indians and 45% of Thais citing an upswing in business as a main reason for increasing their travel plans.

When it comes to making reservations, business travellers in Asia Pacific prefer booking online (82%) to offline channels. The majority of executives in the region (57%) book directly via the hotel’s website, with a quarter booking through online travel agencies. India-based business travellers are the most likely to go directly to a hotel’s online portal (69%), with only 31% of Mainland Chinese travellers doing the same.

The main reasons for booking online include convenience (73%), access to special offers (61%), ease of management (50%  and instant confirmations (48%). For business travellers from Indonesia and Thailand, being able to see what the rooms look like is also an important driver for choosing the online booking route.

Across Asia Pacific, 74% of business travellers are in managerial or lower roles, with the exception of India, where the bulk (65%) of business travel is done by executives at the director level or higher. Notably, India also has the highest proportion of business owners travelling, suggesting that seniority is a strong influencer on the ability to travel for that country.

When looking at who is doing the bulk of business travel in Asia Pacific, one interesting statistic is those who aren’t: women. Business travel in Asia Pacific remains dominated by men, with only one in four executives surveyed being women. Thailand had the highest female-to-male ratio (40%) amongst Asia Pacific business travellers in the first six months of the year, moving ahead from second place over the same period last year. Australian and New Zealand business women took second and third place, with 33% and 30%, respectively. India rounded out the bottom of the list with only six percent of business travellers being women.

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