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GTMC, the Guild of Travel Management Companies, has asked the government to make business travel exempt from the ATOL reforms it is planning. The organisation has welcomed the governments reforms that mean airlines will have to contribute to ATOL to protect people travelling for leisure but has said that doing the same for business travellers [...]  A new study has indicated a disconnect between the increasing use of business travel in Europe and declining value. Business executives say that 25% are going to increase their volume of travel in 2011 while 33% question whether the business actually benefits from the travel and that many think out of the office meetings could [...] During the recession the trend of business travel has had changes. Premium and business travel is important for airlines to help their profits but because of the recession the demand has changed. During the recession there was found a significant reduction in short-haul flights and not received much good news as the recovery has started [...] According to a recent UBS poll of corporate travel managers, business travel expenditures for airfares are holding steady or increasing over last year’s spending. Even with such negative factors as increased ancillary fees and an overall rise in the cost of airfare, only a small percentage of the businesses surveyed indicated that they would be [...] In an age of globalisation, borders for businesses are progressively falling and people are conducting deals all around the world. This means that many people are forced to travel extensively for business. Some trips are just short hops to local destinations, while other involve cheap flights to Bangkok to tap into the Asian market. This [...] The Business Travel market hosted the captains of the business travel and aviation industries with a presentation speech by the British Airwars CEO Willie Walsh. Walsh addressed a crowd of 350 visitors, exhibitors, suppliers, and buyers at the event, which took place at ExCel, and told them that he had new found optimism and confidence in [...] Expedia’s travel management subsidy Egencia has seen a gradual improvement in the business travel environment over the first three months of 2010. Vice president of Egencia Americas supplier relations Noah Tratt stated that corporate travellers are starting to return to the road and the air, although companies are still attempting to control their travel expenditures. However, compared [...] |
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