The underlying economic assumptions for this first edition of the Advito 2012 Industry Forecast are based on the June 2011 World Economic Outlook Update published by the International Monetary Fund. It projected that growth for the world’s advanced economies (principally North America, Western Europe and Japan) would be 2.2 percent in 2011 and 2.6 percent in 2012. For the rest of the world, growth was forecast to be 6.6 percent in 2011 and 6.4 percent in 2012.

Leveraging B2C Strategies in Managed Travel Programs:
Mature corporate travel programs have begun “maxing out” savings achieved by the traditional twin pillars of procurement and policy. Now, they need to shift to a focus on doing better than policy by layering influence and enablement over their existing framework. We are firmly in the age of the consumer, where business success is defined by: helping people share information; making smart choices on the fly; and enabling people to communicate in the way they are most comfortable.

Advito is revising its airfare-development forecast for 2011 upward for all regions and classes, for year-over-year full-year fare increases in the range of 6 percent to 13.5 percent. The cost of oil, translated into rising airfares and rapidly climbing fuel surcharges (especially for long-haul flights and economy class travel), retains its place at the forefront of buyers’ concerns. Advito predicts that high prices may lead to softening demand in the third and fourth quarters—but airlines’ cutbacks in planned capacity growth will tend to keep fares high.

“C’est la vie?” Schritt für Schritt zum Risikomanagement bei Geschäftsreisen (deutsche Zusammenfassung vom White Paper)

Corporate travel buyers will face a confluence of factors leading to an increase in the overall cost of travel in 2011, according to the 2011 Industry Forecast by BCD Travel consulting unit Advito. These factors include steadily rising demand, caution by suppliers in adding capacity, earlier closure of lower fare “buckets,” increased application of restrictions to lower fares, and a continuing trend toward ancillary fees and unbundled services.

As complexities mount in the managed travel space, progressive companies are transforming travel program paradigms to achieve better-than-policy results, according to the white paper “Leading The Way: Corporate Travel Management Goes Next-Gen” exploring innovations in corporate travel management.
The White Paper makes the case for using innovative approaches to business travel management and shows how companies might implement such strategies using case studies taken from six well-known corporations: Coca Cola, EADS, DuPont, Microsoft, Salesforce.com and U.S. Foodservice. The white paper also offers a framework for measuring the results of innovative travel management strategies.  

Corporate travel buyers will face a confluence of factors leading to an increase in the overall cost of travel in 2011, according to the 2011 Industry Forecast by BCD Travel consulting unit Advito. These factors include steadily rising demand, caution by suppliers in adding capacity, earlier closure of lower fare “buckets,” increased application of restrictions to lower fares, and a continuing trend toward ancillary fees and unbundled services.

Changing the DNA of Managed Travel
Using Social and Mobile to Enhance Productivity, Morale and the Bottom Line

Thanks to the growth of smart phones and social Web, today’s workforce has developed new habits and expectations around interactive information sharing, mobility, interoperability, usercentered design and collaboration. These expectations are changing the way they see, and move through, the landscape of managed travel.

Business travel-related risk management is making it to the top of the agenda at the corporate level. Most security and travel managers are aware of these recent developments but unsure how to initiate a successful travel risk management program that does not inhibit corporate mobility. The white paper explains why companies should adopt a systematic, strategic approach to travel risk management – and how to do it.