Travel managers are gaining more control over budgets, while double digit growth in business travel to Asia is anticipated, according to Global Business Travel Association (GBTA) Foundation research studies.
The new report developed by the GBTA Foundation and Egencia, exposed travel policy trends for the Asia Pacific region.
As recent studies by GBTA indicate, we expect double digit growth in business travel to Asia, GBTA Asia regional director Welf J. Ebeling said.
With companies eager to capitalize on business expansion opportunities in this thriving region, corporate travel departments will be critical to their success.
The study revealed travel professionals are assuming a more significant role in shaping and controlling business travel policy, with the help of online booking tools, social media and a more conservative approach.
Our study shows that in Asia Pacific, social media and technology, such as mobile devices, is reshaping both the traveler experience and travel managers role in simultaneously supporting traveler needs and corporate objectives, Egencia APAC managing director Cecilia Routledge said.
We set out to understand how travel professionals can better apply travel policy to make sure their travelers have the important information they require to manage travel details without losing sight of policy compliance.
More than half (54 percent) of all Asian travel professionals surveyed described control over travel policy as driving savings and controlling costs.
Travel professionals in Asia said they now have more control over reporting (69 percent), visibility in the organization (68 percent), and travel spend data (63 percent).
60 percent of travel professionals claim to stay in touch with clients during their travels.
The compliance rate of travellers using approved corporate booking channels in Asia was 79 percent, indicating that technology has become an essential tool to create and implement effective policy.
Source = e-Travel Blackboard: P.T