Poll Indicates Business Travel Market Stable for 2013

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9th January 2013 15:34 - Business Support

 

The AirPlus International Annual Travel Management Study, which polled 2,101 travel managers from 21 countries, has demonstrated that the industry is optimistic about the New Year.

The majority of UK travel managers are positive about business travel in 2013. Globally, 28% of the respondents report that the number of business trips will increase this year, 64% expect them to stay the same and only 7% predict a decline.

In addition, 45% of travel managers in total believe overall business travel spend will remain the same this year, 38% predict an increase and 15% a decline.

Regarding business travel accommodation, 44% of those polled think associated costs will rise and 40% believe they will remain constant.

Furthermore, 36% expect the number of hotel room nights booked to increase while 52% think they will stay the same. These perceptions indicate a trend towards longer business trips.

The survey also found that the majority of UK travel managers believe that car rental, rail, meeting volumes and costs will all remain constant in 2013.

These study findings suggest that the business travel market is stable and can be seen in a positive light. Since business travel spend often reflects the state of a country’s economy, this also bodes well for the New Year.

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