BW Business Travel Board finds growth in 2010
Saturday 20, March 2010
Results from a new survey of unmanaged business travelers in Best Western’s loyalty program, Best Western Rewards®, provide further indication that the effects of the recession are easing and that more people plan to hit the road for business again in 2010.
Survey findings were a key discussion point at this year’s annual Best Western Business Travel Summit, held yesterday for members of the media in New York. A panel of experts including Dorothy Dowling, Best Western’s senior vice president of sales and marketing; Mike McCormick, executive director and COO of the National Business Travel Association; and Jesal Meswani, vice president of global commercial products for MasterCard discussed a wide range of topics important to business travelers who are adjusting to a “new normal” following changes taking place during the recession.
As a sign of ongoing economic recovery, positive indicators in industries such as aerospace, maritime, petroleum and food are being seen, according to members of the Best Western Diamond 100 (BWD100) Advisory Board. Made up of nearly 400 of the brand’s best customers, BWD100 members work for small and medium sized companies, or for themselves. These business travelers drive more often than they fly and often make their own travel decisions, rather than relying on travel agents or corporate travel managers.
“The positive signals indicated in this recent survey are in line with recent data from American Express and others that show a slow but steady return to business travel as the year progresses,” said Chris McGinnis, editor for Best Western’s blog, YouMustBeTrippin.com and manager of the survey. “More than 20 percent of BWD100 members, for example, said they plan on taking more business trips in the coming months, compared with just 11 percent back in July of 2009.”
Other key findings from the survey include:
As the Vancouver Olympic Winter Games draw to a close, London 2012 organisers have been taking advantage of the final opportunity to experience and learn from an Olympic Games, before London becomes the next Olympic Host City.
As the 21st Winter Olympic Games wind down in Vancouver, my thoughts naturally turn to the 22nd Winter Olympic Games scheduled for February 7 through 23, 2014, in Sochi, Russia. 2014 will mark the first time that Russia will host the Winter Games – Moscow hosted the Summer Games in 1980.
Even in these difficult economic times, companies are still seeing value in business aviation and are looking to increase business jet travel in 2010.