What’s Hot in Business Travel Management?

Abstract

When the ITB Berlin Business Travel Days 2009 took place in March, the global crisis had left its first clearly visible footprints. Business travel, so far seen as a rock in even turmoil waters, had dropped sharply. Many corporations had introduced a down-scaling of mobility; even a de facto stop of all travel was observed in some cases. As the “VDR Business Travel Report Germany 2009” states, some 86,000 German companies reported that the recession had by then impacted their travel management. Of those enterprises that have implemented restrictive business travel measures as a reaction to economic developments, two out of three had reduced travel volume. One in three companies was reacting by cutting down on events.