Thursday, March 21, 2013

Business travel growth in 2013 set to outstrip previous two years ...

Business travel growth in 2013 set to outstrip previous two years

Growth in business travel of 27% this year is set to outstrip the levels of 2011-12, according to new research.

The study of corporate travellers predicts UK business travel growth will exceed the 20% level seen in the previous two years, despite a challenging 2012.

Half of the 2,500 people polled across Europe ? including 250 from the UK ? said they travelled for work at least once a month over the last 12 months, while 15% travel weekly and 7% on a daily basis.

A growing demand from business travellers to maximise business opportunities in emerging markets, such as Asia and Latin America, emerged with travel from the UK to these destinations rising by 21% between 2011 and 2013.

Service, not price, was the main factor for business travellers when determining a travel provider, with 20% choosing quality and 17% speed of service. The remainder of respondents chose online booking solutions (14%), loyalty offers (5%) and exclusive incentives (4%).

High levels of loyalty among business travellers to a particular travel provider is revealed, with 88% from the UK saying they will often or always use the same brand, 12% higher than the European average.

Car travel remains the most popular method of transport amongst business travellers with 64% of responses stating they travel by car, compared to 24% for public transport and 11% for air travel.

The motivation for choosing car travel is convenience according to 81% of respondents, significantly ahead of cost, which was only ranked as the most important factor by 32%.

The importance of convenience was further demonstrated when respondents were asked to consider the top three factors which would influence their choice of business vehicle. More than a quarter (27%) believed vehicle delivery and collection was important, followed by roadside assistance (25%) and GPS (19%).

Kaye Ceille, managing director at Avis UK, which conducted the survey, said: ?Business travel is not limited to just one location ? in today?s turbulent environment, businesses need to be flexible enough to follow new opportunities in emerging markets.

?Despite economic pressures, it?s reassuring that British businesses still value quality over cost.?

Source: http://www.travelweekly.co.uk/Articles/2013/03/19/43511/business+travel+growth+in+2013+set+to+outstrip+previous+two+years.html

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