That’s the estimate made in PhoCusWright’s recent report and includes everything from air-travel to hotel stays, rental cars, etc. This should not be surprising given the economic landscape we’re in, but what we find particularly interesting in this report is that the report concludes that:
The dynamics of corporate travel distribution, however, continue to evolve rapidly. Online adoption is growing, expense integration is accelerating and technology innovation and adaptation continue to reshape the business travel landscape. The traditional definition of business travel is changing as disruptive technologies and alternative channels (such as virtual meetings) force companies to evaluate if and under what conditions a trip should be taken. Business travel will be anything but typical over the next three years.
We agree. This blog has already discussed the technological alternatives to business travel, and the fact that – as valuable as these technologies are – they cannot be a substitute for face-to-face meetings. One of the new technological disruptions – we believe – in business travel, is the new per-seat on-demand model which brings about the kind of time and money savings – as well as increases in productivity – that corporate executives want.
With FlyMiwok, corporations can sign up for a corporate account, benefitting from substantial savings by signing up at the various membership programs we offer, and manage all expenses related to the corporation’s on-demand flying from one central location.
Gad Barnea – CEO – FlyMiwok, Inc.
Comments on this entry are closed.