12 JANUARY 2015
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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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