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Corporate travellers providing lower yields? |
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Monday, 29 June 2009 |
While most recent corporate travel studies indicate little if any positive movement this year, FCm Travel Solutions says Asia Pacific indicate companies are starting to slowly spread their wings and resume long-haul travel, although Europe and US demand remains low.
The improvement comes at a cost to the industry: FCm says corporates are modifying their preferred hotel programs to include more 3.5 and four star hotel properties and also are requesting more inclusions such as free broadband access and discounted dining.
FCm says that in the air, as well as more of them flying economy, small to medium sized (SME) businesses have been able to reduce the average price of tickets by as much as 15 per cent on key domestic and intra-Asia travel.
FCm Travel Solutions executive general manager Australia Shannon O’Brien said “The impact of the global financial crises has forced many companies to revise their travel programs and corporate travel culture to ensure the same level of travel for less money”.
“We are 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.”
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