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.

Merchant fees have become the single-largest distribution cost for airlines, and in recent years, several factors have led air carriers to search for ways to reduce or offset that cost. Unfortunately for corporate travel buyers, any likely move that airlines may take to reduce or offset merchant fees represents an increase in travel program costs.

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.

Increasing numbers of corporate travel managers and buyers in the Asia-Pacific region are turning to online booking tools to drive savings, enhance effectiveness and improve compliance.

From numbers to action - Improving travel program management through strategic KPIs and meaningful savings measurements

Travel managers know good data is crucial for their work. But which data do they need? Are they combining the appropriate measurements for true performance management, building a full and actionable picture of what is going on in their travel program? And do they have the information which tells them whether the travel program is being managed in line with their organization’s overriding strategic objectives?

This white paper argues that travel managers can improve the performance of their travel programs by creating strategic key performance indicators (KPIs) which measure how successfully they are meeting corporate objectives, provides a sample set of strategic KPIs and sets forth clear guidelines for building a strategic KPI program.

„Durch Zahlen zu Maßnahmen: Verbesserung des Travel Management Programms durch strategische KPIs und sinnvolle Messungen”

Travel Manager wissen, dass gute Daten von entscheidender Bedeutung für ihr Travel Management Programm sind. Aber welche Art von Daten benötigen sie? Werden die für ein echtes Performance Management geeigneten Messverfahren miteinander kombiniert, um so ein umfassendes und aussagekräftiges Bild der Abläufe im Travel Management Programm zu erhalten? Und verfügen Travel Manager über Informationen, ob ihr Travel Management Programm im Einklang mit den strategischen Zielen ihres Unternehmens steht?

Travel Manager können Möglichkeiten der Performanceverbesserung ihres Travel Management Programms erkennen, indem sie strategische Key Performance Indicators (KPIs) entwickeln. Diese strategischen Geschäftsindikatoren messen die Erfolge des Travel Managements in Hinblick auf die Unternehmensziele.  In diesem White Paper finden Sie einen Mustersatz strategischer KPIs  und die Formulierung klarer Leitlinien für den Aufbau eines strategischen KPI-Programms.

Advito is pleased to present its second quarter 2010 update to the 2010 Industry Forecast, originally released in October 2009. Throughout the year, Advito’s quarterly forecast updates reassess the economic parameters on which its initial forecast was based, analyze year-overyear booking data from the previous quarter and issue revisions as appropriate.

Additionally, this quarterly update provides a high-level view into key recent industry and market developments that may have an impact on corporate travel buyers.

Into the second quarter of 2010, Advito saw a double-digit increase year over year in overall demand for corporate travel – although demand levels vary significantly across regions. This development is in line with macroeconomic and other industry data. Please note that the transactional data analyzed in this update covers the period through March (hotel) and April (air), so does not fully reflect transactional trends occurring as a result of the Icelandic volcano episode in late April. However, client data from that period indicates that the fall-off in demand due to grounded planes was temporary, with scheduled travel delayed rather than cancelled. Preliminary data through June indicates that the double-digit increase in demand is holding steady year to date. Advito therefore anticipates that the volcano disruption will not have a significant impact on our overall 2010 forecast. Please see page 18 for further discussion of the volcano and its impact on corporate travel.

Advito is pleased to present its first quarter 2010 update to the 2010 Industry Forecast, originally released in October 2009. Throughout the year, Advito’s quarterly forecast updates reassess the economic parameters on which its initial forecast was based, analyze year-overyear booking data from the previous quarter and issue revisions as appropriate. Additionally, this quarterly update provides a high-level view into key recent industry and market developments that may have an impact on corporate travel buyers. In the first quarter of 2010, Advito saw a double-digit increase in overall demand for corporate travel – although demand levels vary significantly across regions. This development is in line with macroeconomic and other industry data.

Die Branchenprognose "2010 Industry Forecast" von Advito liefert Travel Managern und Einkäufern entscheidende Informationen für die Planung ihrer Reisebudgets im kommenden Kalender- oder Geschäftsjahr. Ergänzend zu den Prognosen für die Bereiche Flug, Hotel, Mietwagen und Bahn, enthält die diesjährige Ausarbeitung außerdem auch acht Trends aus der Geschäftsreise-Praxis. Es geht dabei um so wichtige Aspekte wie die ständige Veränderung im Nachfragemanagement, die Entwicklung von strategischen Kennzahlen, den so genannten „Key Performance Indicators“, und die rasch wachsende Bedeutung von mobilen Anwendungen und sozialen Online-Netzwerken für die Geschäftsreise. Die englische Gesamtfassung ist hier zum Herunterladen hinterlegt. 

Die Branchenprognose "2010 Industry Forecast" von Advito liefert Travel Managern und Einkäufern entscheidende Informationen für die Planung ihrer Reisebudgets im kommenden Kalender- oder Geschäftsjahr. Eine deutsche Management Summary von BCD Travel finden Sie hier.

The white paper explores what consolidation means in the modern travel industry and what companies can hope to achieve from the substantial effort required to consolidate travel policies, suppliers and other program elements on a country, regional or global scale. In addition to defining consolidation and exploring benefits such as cost savings and increased traveler safety, the paper details how to execute a successful consolidation.

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.

Meetings Management: Hidden Challenges and Intelligent Solutions to Global Meetings Management Consolidation. (White paper)

Advito, the consulting arm of BCD Travel, has updated its Industry Forecast for 2009 based on economic and industry developments during Q4 2008. This update is prompted by ongoing macroeconomic and industry volatility, and is designed to assist corporate travel executives in navigating complex travel program management scenarios.

The revisions are grounded in the analysis of BCD Travel's global client transaction data, macroeconomic indicators and direct feedback from the sourcing engagements for air, hotel and car programs that Advito conducts on behalf of its clients.

Die aktuelle Branchenprognose „2009 Industry Forecast” von Advito basiert auf einem fundierten Verständnis des Geschäftsreisemarkts und dem Wissen, dass lokale und globale Faktoren den Markt beeinflussen. Der „2009 Industry Forecast“ liefert Travel Managern und Einkäufern entscheidende Informationen für die Planung von Reisebudgets, die für die meisten Unternehmen mit dem Beginn des nächsten Kalender- oder Geschäftsjahres anste-hen. Außerdem ist die Branchenprognose eine wertvolle Bezugsgröße für Unternehmen, die bestrebt sind, in einem volatilen Umfeld Komponenten ihres Travel Management-Programms zu beschaffen und Reisedienstleistungen und –kosten zu managen.

Our forecast draws on our extensive global knowledge of the corporate travel industry and world markets and offers our look ahead to next year to ensure you have the information to thrive in a constantly changing travel environment.