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projectmanagement-consulting
project-management2

This is rightly named as the age of traveler-centricity and with the evolution of the new era of personalized travel; it is leading to research and development of a host of new so-called intelligent services. The command-and-control perspectives of traveling have changed a lot from the past and the focus has shifted more on the traveler and the productivity of each trip. It has become essential to maintain that the travelers have the greatest return on investment on each trip. New generations of young employees and managers, who have been growing up and dwelling in a digital age, are moving up the ranks as travelers. It has become essential to recognize the need for greater flexibility acknowledging that the employees who travel on corporate trips also consider a percentage of their trip to be a leisure outlet. With increasing globalization and rise in companies sending their staff overseas to network and connect with their offshore prospects/customers/suppliers, corporate travel is a highly profitable tourism segment. Before we talk about how tourism companies can better cater to business travelers, let us first look at why they prefer to use specialized corporate agencies over traditional agents

Why do businesses use Corporate Travel Agencies?

This might be the most basic question for a travel agency as to why they need to use agencies specializing in corporate travel when there are plenty of regular travel agents in the market. Here is the importance of corporate travel agencies who have online systems which allow business travelers access to their complete itinerary.

The following information is at the fingertips of the CTAs:-

full business itinerary details
up-to-date tracking details of flights (including delays or rescheduling)
transparent details about additional costs such as baggage fees or in-flight fees
travel alerts, if any, in the destined area
complete and up-to-date details about the visa procurement policies and identification required
currency requirement and conversion rates

What do corporate clients expect from Corporate Travel Agencies?

Negotiated Fares

The Corporate Agencies tend to have tie-ups with hotels, car rentals, flights etc. giving them access to lower fares which can be used only by the frequent business travelers. Discounted prices are not the only advantage though as they also offer flight upgrades, room upgrades, and VIP check-in lines as required.

In-depth information about the travel industry

Corporate travel agents have access to many travel resources and most importantly, quickly, than any other leisure travel agent. Additional information helps to make the business trips convenient and comfortable.

Changes in Itinerary

When an airline ticket needs to get rescheduled or cancelled, chances are the airline or the online service provider will charge lofty fees. When booking with a corporate travel agent, most of the times schedule changes can be done at zero or minimal extra charges.

Viable emergency contacts

It is important for the business travelers to reach the correct person at the need of trouble. Corporate travel agents have the experience and professionalism to relieve stress for both the traveler and the company.

What you need to consider as corporate travel increases?

Business Travel Barometer reported that corporate travel is witnessing an accelerated growth. However, when poorly managed, it may be no longer an advantage to companies and may, in fact become a burden. There are some factors which the corporations and CTAs must consider to get the best out of the time spent traveling.

Adopting a travel policy

The corporate must define a travel policy which is applicable to and respected by travelers at all levels. This policy should be used to establish the standards which will help to track the improvement of business travel. It will eventually help to reduce the costs of the entire package.

Do not limit the traveler’s autonomy

The management is responsible for budgeting the travel policy which helps to improve cost management however, it is also essential to give a degree of autonomy to the traveler. The policy should be flexible enough to allow the employee to adapt the trip as per the situation.

Traveler’s security should be a major concern

Business travelers need to have security in place. The company needs to stick to its definition of standards to ensure the employee’s integrity. The CTAs should have reliable partners (travel insurance, airlines, hotel chains etc.).

Mobility and automation

To optimize time and ease the processes, the administration of management platforms should have automated processes. This means they should adopt mobile solutions where search options, travel alerts, ticket reservations etc. can be accessed quickly, easily and on the go.

Corporate Travel Trends in 2016

Corporate travel trends tend to change regularly. 2016 has also not been any different and the travel management companies (TMCs) and corporate travel agencies (CTAs) are quite focused to provide steady if not strong axis all over. A growing MICE sector, investments in mobile and big data and enhanced focus on duty of care are some of their areas of focus.

Rising prices

The consolidated buzzword among global suppliers, airfares, hotel rates etc. is the rising fares. It is sometimes the move of the suppliers to generate discounts which encourage travel if there is a strong decline in demand. A positive 2016 world economy has been bringing an increase in air fares of a few percentage points, hotels are expected to see 4%-6% rise in average global rates and the competition will remain moderate in the car rental services.

Duty of care

Risk management is one of the major points of emphasis for corporations. Corporate customers are allowing new policies and improved technologies to monitor employees’ location in case of an emergency, especially when they are travelling to foreign destinations. For instance, Concur Risk Messaging helps to identify the travelers moving around in the world and alerts them with alternate travel arrangement as and when needed.

Focusing on MICE

Meetings industry is a major growing sector and the corporate travel trend is developing on it. The corporate travel agencies should better start aligning the various meeting procurement methodologies with its transient travel sourcing. One of the ways could be to broaden the variety of meeting services by incorporating incentive trips within it.

Investing in technology

A sharper focus on increasing value and becoming more traveler-centric can be done by bringing in mobile friendly technologies. Mobile and big data are definitely the two most significant technological investments which any corporate travel agency must focus to make their platform more appealing.

Business travel analysis after Brexit

Following Brexit, ACTE and CAPA shared their speculations. According to them, the greatest short-term effects on the travel industry will come from the weakening of the pound against other world currencies. Greeley Koch, executive director for the Association of Corporate Travel Executives said that the business travel industry will trend on currency fluctuations; with some companies taking advantage of the weaker pound and traveling more, while others may withhold business travel until world markets find their own level.

Impact of terrorism on corporate travelers

Travel policy makers and administrators need to be guided by rising terrorism scare. For executives and staff undertaking travel on behalf of businesses, the travel agents and corporate travel agencies (CTAs) should prove the reassurance for their safety through the travel policies. It is more than likely that the surveys conducted over corporate travelers reflect the general concern of the global business travelers about the spate of terrorism. However, there is no denying the fact that terrorist threat is changing the patterns of business travel. The key impact of this is to keep in mind that the companies providing travel services for business travelers need to enhance their focus on security and the associated risks in delivering the services to corporate clients. According to a recent finding, travel managers have higher estimation of their policy’s effectiveness in addressing risk compared to skeptical business travelers.

Concluding

Although the corporate travel sector has continued to progress, there are a plethora of challenges faced by the industry. A rapidly changing consumer market, the emergence of new business models, the impact of technology, man-made and natural crises are some of the fulcrum points that need to be considered before planning corporate trips.

Adventure travel has been increasingly sought after over the past few years, but as the economy has declined the generally expensive adventure travel packages have become less and less appealing. Few people would feel good about spending thousands of dollars to put a little adventure in their travel.

And here enters bicycle touring. There are several different types of bike touring around, from those totally organized and supported by a bicycle touring company down to those fully self-contained and supported by you, the tourer. Interestingly, the cheapest option (fully self-contained) also provides the most freedom and adventure.

It sounds too good to be true, right? You get more for less? But that really is the truth if adventure is what you’re looking for. Also, assuming that you go on a bike tour more than once in your life, then the one-time purchase of your bike (if you don’t already own one) and touring gear is a good, relatively cheap investment. The cost of your bike and gear, if you do some bargain hunting, can be less than the cost of a ticket overseas, and you get to use your bike and gear over and over again.

Designing your own adventure travel tour by bicycle can also allow to you stay close to home if you are on a really tight budget or a time constraint. Spending a few days cycling to a nearby landmark, national park, etc., would effectively cut your traditional transportation expenses to zero, or darn near to it.

The biggest expense you’ll have while on your adventure will probably be food; your body’s the engine and it needs gas. But as long as you are smart about what you buy and make sure not to eat a steak dinner with a couple beers every night, you are still going to come out way under the expense total of a normal adventure travel package.

So whether you are looking for some gap year adventure travel, a little taste of the slow travel lifestyle, or some way to throw a bit of cheap adventure travel into your life this year, give bicycle touring at try. And for all you new cycle tourers out there, there are plenty of cycle touring guides and tips on the internet to get you started. Good luck, and happy touring.

People of all ages are choosing to seek out adventure on their vacations, and there are many destinations around the world offering for an amazing trip. What better way to truly enjoy yourself while also seeing the worlds most amazing natural wonders than on an adventure vacation? From hiking in the wilderness to scuba diving sunken ships in the Caribbean, adventure travel is the perfect way to satisfy your appetite for excitement.

There are many exciting adventure travel destinations and activities to choose from. Today, we are going to explore five of my favorite places to travel.

New Zealand

Located over 1200 miles from the coast of Australia, New Zealand is known the world around for its beauty. Majestic mountains, searing volcanoes, and sparkling blue rivers are what awaits you in this country. The most popular activities for travelers to New Zealand are skiing, rock climbing, trekking, and white water rafting. With so many options to choose from, it’s easy to see why so many people enjoy visiting this country.

South Africa

This amazing country boasts some of the most exhilarating and exciting activities of anywhere on Earth. Its spectacular landscape and varied wildlife are the primary draw for travelers here. Nearly all of the worlds most wild animals call South Africa home, including Elephants, Lions, Rhinos, Cheetahs, and Giraffes. But that’s not all, if you’re an adrenaline enthusiast then take a jump off of Bloukrans bridge, at the highest commercial bungee jump in the world. As you can see, South Africa is the perfect place for an adventure off the beaten path and a vacation here is one you will not forget.

Alaska

The largest of all the United States, Alaska is a land of extremes. Its remote wilderness has long been a favorite destination for active travelers and visiting here can be a life changing experience. From cross country skiing to kayaking through the iceberg filled Glacier Bay, Alaska has plenty of opportunities for the avid adventurer. Alaska is the perfect place for an exciting trip and while you’re visiting here the last thing you’ll be thinking about is how many new friends you’ve got on Facebook.

Costa Rica

The stunning tropical landscape of Costa Rica is a favorite destination for many. Its thick rainforests and varied wildlife make it the perfect place for nature lovers. There are many unique places worth exploring on a trip to Costa Rica, including the beautiful cloud forests and pristine sandy coastline. Travelers from all around the world make the trip here and for good reason. A vacation here is low on cost and high on entertainment making it especially popular for people affected by the ever increasing economic downturn.

Bhutan

Rich in cultural history, Bhutan is one of the most well preserved places on Earth. Home to the eastern portion of the Himalayas, this country is full of amazing natural wonders including some of the worlds tallest mountains. Trekking, climbing, and biking are the most popular tourist activities in Bhutan, however experiencing the unique people who live here is another big draw for travelers. The region is dotted with mystical looking monasteries which will give you a peak into a life so vastly different from our own.

Each of these 5 destinations are unique and exciting adventures and they will all make for a memorable vacation. Whether you’re looking for a family friendly adventure or a single person excursion, each of these places will provide the experience of a lifetime.