August 2013 News Archive

Business travel could rise as relocations fall

Shorter foreign assignments could mean more corporate travel
Tuesday 27th August 2013

A shift in approach to overseas working could lead to an increase in corporate travel.

According to a new report from PwC, businesses are taking a fresh approach to overseas assignments for their workers. The traditional model, whereby staff could spend three years or more working in another country before returning home, is now followed by just one per cent of employees.

But...

Travel buyers need to save cost and time

Business travel for meetings is expected to grow more slowly
Tuesday 20th August 2013

The world may be emerging from a financial crisis, but growth is far from even and nowhere near certain. Companies around the globe are coping with fragile business conditions if not in their own country, then inevitably in some of their key markets. As a result, even where firms are looking for growth in the future there remains an impetus to keep costs to a minimum. Travel buyers are not...

Hotel rates show signs of life

Hotel bookings rose in May
Tuesday 20th August 2013

Global hotel rates are beginning to pick up, a survey has found, but remain below market expectations.

According to the latest interim Hotel Survey from Hogg Robinson Group (HRG), average room rates (ARR) rose in more than 30 of the top 50 locations, but performance was far from even. New York, Chicago and Toronto have also posted strong results, but improvements in North America come...

Slow growth for business travel but decline unlikely

Cathay boss expects business travel boost
Friday 16th August 2013

Travel buyers expect growth in business journeys to slow in the next 12 months, a survey has found, but very few expect to see trip numbers fall.

AirPlus’ latest International Travel Management Study found that of the 2,101 travel managers surveyed, 29 per cent forecasted a rise in the number of corporate trips taken, a fall of six percentage points from the previous year.

Conference centres on road to recovery

Conference centres are in a period of recovery
Tuesday 13th August 2013

Conference centres around the world are experiencing recovery and growth, according to new research from an industry body.

In its latest Trends in the Conference Centre Industry report, the International Association of Conference Centres (IACC) says that not only is the sector recovering from the hit it took during the financial crisis, but it is performing better than the hotel...

Travel managers defiant in face of terror threat

Terror threats are not restricting most business travel
Thursday 8th August 2013

Travel managers remain undeterred after news of a new terror threat, according to a survey.

Research from the Business Travel Coalition (BTC) found that most managers are not making any changes to their corporate travel policies after intelligence emerged suggesting that Al Qaeda could launch fresh attacks this summer.

More than 60 travel managers from governments, universities...

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