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PP42 April 2012

Corporate travel tipped to stay lean in the UK

23 Jun 2009

Source: SupplyManagement.com, 18 June 2009

 

Cost-cutting habits in UK corporate travel are expected to outlast the downturn, a study has found.

The Association of Corporate Travel Executives (ACTE) survey, released yesterday, showed almost 80 per cent of respondents were making greater use of conference calls or similar tools, such as webex and telepresence to reduce travel costs in the recession. Other widespread cost-cutting measures are decreasing the number of approved trips (68 per cent), booking further in advance (66 per cent) and downgrading the class of travel (49 per cent).

The report said companies planned to ease restrictions when financial stability returns but several measures were likely to remain including increased use of conference calls, advance bookings and lower class travel.

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