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12 JANUARY 2015

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Article from BTNews 12 JANUARY 2015

Business Travel Survey

With its annual  Business Travel Show  looming up (25-26 February, Olympia Grand, London) Centaur Exhibitions Ltd has announced the results of the annual buyer survey. 

While healthy and clearly positive the figures show a slight drop on previous years. In 2014, 37% of budgets rose but in 2012 and 2011 39% of buyers had more money to spend.  Almost half – 45% – expect to manage more trips this year.  This compares to 48% in 2014.  Half (47%) of buyers expect their overall costs to rise.

179 travel buyers took part in the Business Travel Show survey – 73% from the UK and 27% from continental Europe.  The full Corporate Travel Industry Trend Report featuring analysis going back to 2008 will be available for the show.

In 2014, 36% of buyers enjoyed bigger airline budgets and a further third predict airline budgets will increase again for 2015.  Only 9% of buyers don’t currently – or have plans to – use low-cost carriers.  26% plan to increase their usage in 2015.  38% of buyers bought fewer Business Class seats in 2014 and 23% will only provide Business Class travel for flights over eight hours.

Serviced apartments account for less than 10% of room nights.  www.businesstravelshow.com

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