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Cost saving in corporate travel programmes remains the top concerns for business travel buyers in 2014

In line with recent industry research the importance of reducing costs within business travel tops the bill of key considerations for travel buyers according to new research from the ATPI Group. 53 per cent of respondents ranked reducing costs as the most important factor when planning a global travel programme.

In terms of the strategies that travel buyers plan on using to help tackle costs, the results revealed that the vast majority are planning to put a greater emphasis on travel planning with over half (55 per cent) striving to make more advanced air bookings, compared to 50 per cent in 2013.  

However, keeping a keen eye on costs is followed closely by a flexible travel policy, which has moved to second place in the consideration rankings since the same survey was undertaken last year.  The increased consideration for flexibility and advanced planning carries the implication that business travel is becoming increasingly important as part of economic recovery.

Peter Muller, chief operating officer for Europe and the USA, the ATPI Group, explains: “Despite optimism at the start of the year regarding economic growth, the message from travel buyers is clear, reducing costs is still the main priority when it comes to business travel.”

“What buyers are also looking for and where they value a strategic partnership with their TMC’s is tailored solutions and flexible technology. When it comes to delivering true consultancy services and ultimately defining a corporate travel programme, there is no such thing as a one size fits all approach. It is the TMC’s that recognise and embrace this desire for client freedom and flexibility whilst at the same time paying due diligence to duty of care, that are the most valued business partners."

In addition to focus on costs and forward planning, consideration of Duty of Care is still a fundamental consideration when managing the travel process. 64 per cent confirmed that it is a priority when arranging business travel. It is a responsibility that extends throughout an organisation from travel managers, to HR and senior management, to ensure that any travel management plan has sufficient risk assessment and a robust safety strategy in place.      

Research took place amongst senior decision makers at this year’s Business Travel Show with respondents asked to detail their biggest concerns for corporate travel programmes in 2014.   

The ATPI Group is one of the world’s leading and long established global travel management and events businesses. The ATPI Group has over 70 wholly owned offices and network partners in 41 countries around the world, and has successful operations in corporate travel, corporate event management, online travel technology and specialist travel management for a number of key industries including the energy and shipping sectors.

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