Is reliable corporate travel possible in 2023?
The bounce back of corporate travel in 2023
Posted by Joshua Archibald on May 25, 2023
After the Covid-19 pandemic in 2020 the travel industry was dramatically affected. With all forms of travel on hold and remote working becoming the norm, corporate travel had minimal demand. Now, in 2023, we’re seeing the beginning of the recovery process, but several problems still lie in the way. Reports suggest that corporate travel is not expected to fully recover until 2026 (Travel Trade Journal, 2022). This leads us to ask the question, is reliable corporate travel possible in 2023?
To answer this question, we first need to understand the hurdles in the way of reliable corporate travel. In a post-covid world, one of the key aspects of reliable travel is regarding health and safety.
Another is risk management, with continued delays and disruptions for trainlines and buses it has made travel of any kind highly unpredictable (Sky News, 2023). A journey which takes just 30 minutes on Monday could be inflated to a 2-hour journey on the Tuesday, or even worse may not be possible at all.
Is your organisation diving back into the world of corporate travel, but wants to ensure you are doing this safely?
Our awarded suppliers offer 24/7 contact and information regarding travel enquiries, delays, and cancellations, offering expert solutions to any problems which you may encounter. They can also help you to plan your corporate travel in the most cost and time effective way possible, meanwhile taking a duty of care for your health and safety.
To ensure your organisation can offer the best solution for your employees and customers travel requirements, visit our Travel Management framework.
References:
The Evolution of Corporate Travel Policy
https://selective-travel.com/news/the-evolution-of-corporate-travel-policy
Major travel disruption in London due to strike action
https://news.sky.com/story/major-travel-disruption-in-london-due-to-strike-action-12834317
Study finds UK corporate travel sector exceeds £27bn in value
https://travelweekly.co.uk/news/air/study-finds-uk-corporate-travel-sector-exceeds-27bn-in-value
CORPORATE TRAVEL MANAGEMENT SYSTEM - WHY DO YOU NEED IT?
https://www.bbntimes.com/companies/corporate-travel-management-system-why-do-you-need-it
Corporate travel not expected to return to pre-pandemic level
https://travelweekly.co.uk/news/air/corporate-travel-not-expected-to-return-to-pre-pandemic-level
Corporate travel ‘committed to sustainable revival’, says GBTA
Global business travel won’t see full recovery until 2026: Report
https://traveltradejournal.com/global-business-travel-wont-see-full-recovery-until-2026-report/