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7 Trends Shaping Business Travel Trends in 2022

12 Apr 20222m read

We have the latest on corporate travel trends 2022!

Hire car are going to be scarce in 2022! There are simply aren’t enough cars to meet corporate demand!

1)Internal Meetings are the fastest growing sector!

Research from GBT found that internal meetings are anticipated to show the greatest growth this year, compared with in-person meetings, in general. This growth will include more involvement from travel managers.

2)Travelers Need Confidence

Travelers are only happy and productive if they have a positive experience! That means they need looking after throughout the journey.

GBT cited a study by SAP Concur, in which 700 global travel managers expected corporate travel guidelines or policies to change in the next year. Real-time updates (54%) and pre-trip vaccination requirements (51%) were among the top policies.

3)Sustainability Efforts Will Continue

Large hotel groups like Marriott International have unveiled commitments to net-zero carbon emissions by 2050. Targets like this are only gaining more steam. Conference venues like Cavendish Venues have already achieved landfill neutral status.

Despite this effort, travel will remain important to organizations, which will prove to be a problem, this riding of two horses will at some point become unfeasible.

4)Travel Can Drive Diversity Progress

The Venue Booker defines a diverse supplier as “a business that is certified to be at least 51% owned, operated and controlled by a person of diverse background, including racial and ethnic minorities, women, veterans, LGBTQ+, people with disabilities and other underrepresented minority populations.”

Supplier diversity—or inclusive procurement—policy is a tangible way to support companies in tune with your values. Every dollar spent with a minority-owned caterer, accommodation provider, conference venue or chauffeur service can help that business grow stronger.

5)A Slow Bumpy Return to Aviation

While bookings remained resilient in some countries, the effects of Omicron have been to dampen recovery, particularly in China

Hotel Recovery Will Gain Momentum

With increased hotel demand comes increased rates. “While many hotel groups have been willing to extend 2021 rates for 2022 programs, travel managers should not expect to find many opportunities for rate reduction without substantiated spend,” she said. Marcello added that returning business travellers will be competing with tourists for the same rooms.

6) Shifting Ground Transport Methods

“The biggest factor in the car shortage over the next year will come from the global semiconductor shortage and its impact on auto production,” said Kalss. According to Gartner Inc., the chip shortage is expected to continue until the second quarter of 2022.

This concern is driving the trend to electric and hybrid vehicles. “This shift is set to intensify in 2022 as global rental companies ramp up their commitment to EVs,” she continued.

One innovation she said to watch for is increased interest in mobility-as-a-service (MaaS), already the core model behind companies such as Uber, which uses an app to access its services. “However, the lack of globally consistent technology standards is preventing MaaS from fulfilling its potential,” Kalss said.

She pointed to Finland, the inventor of MaaS, as an example. The country is already miles ahead, having combined public transport, taxis, ridesharing and the use of private care in a single digital service.

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