Travelling is fun not only for personal endeavors or goals, but also for companies and corporations. It’s one of the best ways to experience something totally new and learn things from another perspective. And with the proliferation of travelling as a goal and hobby that everyone should try, even at least once, the travel industry has boomed considerably.
Like with any industry, the travel and tourism world is also affected by trends and technologies that all play key roles in the consumer behavior of their market. Decisions such as where to go, how to travel, and why they should travel hinges upon several factors: global economic situation, Internet and social media, personal budget, conditions that can affect health and safety like natural disasters or health warnings, seasons, diplomatic relations between countries, presence of terrorism and war, etc. They can all affect just how much trickier ensuring the safety of the travelers will be, the costs and efficiency of the trip, and the overall experience for everyone involved.
Because these factors are ever-changing, the travel trends that need to be anticipated by corporate travel managements are also adapting to the changes. They can change what countries are more frequently traveled to in the next few months, when people are more inclined to travel, and even why they would visit in the first place.
Here are the key takeaways on the four critical business travel trends you need to be aware of in 2018 and beyond.
1. Leveraging the power of AI in travel planning
2. Increased importance of personalization
3. More companies will embrace the sharing economy
4. The potential impact of Brexit to US business travel market
Learn more about these trends, how they will affect your corporate travel plans, and more information you need to anticipate with this infographic by Hyryde