Business Travel News for the Week: August 17
With the summer winding down, enterprises have their sights set on autumn and are implementing their travel programs with the knowledge that business travel is a safe and viable option come September. In the last six months, enterprise travel managers have recognized that they no longer need to compromise -- that it is possible to build a travel program that provides visibility, control, duty of care, a global inventory, 24/7 365 travel agents and a great travel experience, all with the right technology.
On the other side of the aisle, suppliers have worked day and night throughout 2020 to provide a travel experience that is safer, cleaner, and more hygienic than ever before. We’re looking forward to September and incredibly proud of the community which has made so much progress in order to make this a possibility.
While September will mark the start of travel for many companies, some aren’t quite ready. As you decide on your return to business travel plan, we encourage you to use our free-to-the-public TripActions Business Travel Recovery™ Tool and our COVID-19 Report in the TripActions Admin Dashboard. These help you assess the safety of travel, understand any government regulations associated with travel, and use other pertinent real-time data to guide your business and travel policy decisions.
You can also explore the most pressing industry topics on the TripActions Community, which has valuable insight from travel managers, finance leaders, HR professionals, and others.
Now, let’s dive into what’s happening across the industry today. You can check out past weekly news roundups here.
Business travel is good for the world, according to a new study out of the Harvard Kennedy School’s Growth Lab, which finds a direct link—of causation, not correlation—between a country’s incoming business travel and its economic growth. The more business travelers a country received, the better its industrial ventures fared, and the higher its GDP climbed.
Although the concept of metasearch sites might make sense, there are inherent qualities about the nature and complexities of corporate travel that make them an unwise choice — especially during a time when support, guidance, and real-time data is more important than ever.
GBTA is joining the voices of travel leaders across all industries in calling for cooperation between the EU, Canada and the US to restore safe travels and reboot the economy. Their focus is specifically pinned to finding a resolution for transatlantic travel, based on reciprocity, proportionality, and the latest scientific advice.
Customers are willing to pay an average of 16.5% more to fly with the middle seats blocked off, according to a survey from Atmosphere Research. When asked about other safety precautions, 85% of respondents said that mandatory face mask rules and the constant cleaning of planes were important.
How Much of Corporate Travel Has Actually Changed? [Wall Street Journal]
While corporate travel has indisputably changed due to COVID-19, questions remain around how much and for how long. Everyone from travel executives to analysts to business owners who rely on the beneficial impact of business travel are navigating this new normal together.
For more news and actionable insights from the business travel community, subscribe to Open for Business: A Corporate T&E Podcast Powered by TripActions on your favorite podcast platform and join the TripActions Community.