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The Evolution of the Business Traveller
Franc Jeffrey – CEO
Duncan Sanders – Operations Director
Nicola Wilson – Client Relationship Manager
The Evolution of the Business Traveller
Combined with a user technology explosion
Today – travel is connected
Today – travel is intelligent
Today – travel is an experience
Today – travel is mobile
Today – travel is Apps
• 17,000 Travel Apps on the Market
• 160 million app-compatible devices are
owned worldwide
Group Discussion Point
How many people in the room
have a Travel App?
• What ones?
• How many?
• Do you use one or a combination?
• What do you like / dislike?
• What do your colleagues say?
The Evolution of the Business Traveller
Future – Business Travellers
Future – Business Travellers
Future – Business Travellers
The Millennial Business Traveller
Goodbye…limited, restricted
Hello.. limitless, unrestricted, innovate and infinite.
In 2015, Millennials became the biggest generation in the
workforce. One of the biggest challenges for businesses
today is integrating the Millennials or Gen Y twenty-
somethings into a Baby Boomer culture.
No doubt you have read the volumes of the data on
Millennials in today’s workforce, but here is a quick
reminder…
Describe today’s Business Traveller
Group Discussion Point
The Evolution of the Business Traveller
Young
Connected
Tech Savvy
‘C’ Suite
Rushed
VIP
Knowledgeable
Smart
Old School/Mature
Demanding
Impatient
Brand Loyal
Not Loyal
Independent
Managed
Unmanaged
Interested/Excited
Bored
Points Driven
Price Sensitive
Time Poor
Stressed
Chilled
Explorers/Tourists
Travel Agents
Hoteliers
Describe today’s Business Traveller
Today’s traveller
Understanding today’s
Business Traveller
Business travellers are assumed to be focused on carrying out a work-related task,
rather than feeling emotionally stimulated during their trip.
Recent competition among travel service providers in the context of the business travel
market has highlighted the need for a better understanding of business travellers as a
tourist segment, including how they evaluate their travel experiences.
“Business travel usually takes qualified professionals and managers to destinations
they have not selected themselves”
(Opperman, University of Bournemouth, 2000).
Understanding today’s
Business Traveller
Traditionally, corporate travel policies have been structured around
“dos and don’ts,” whereas today, many companies are opting for a
more subtle tone — one that focuses on encouraging travellers to use
certain tools.
As generation Y freely mixes work and play, Millennials can
sometimes lack clear boundaries when it comes to business travel. As
a consequence, it falls to the employer to ensure factors like lack of
experience and easy access to technology don’t create risky
situations.
Today, Travel Managers needs to innovate their travel programme
tools to ensure policy adherence as well as productivity and safety.
It’s the mullet of travel: business in the front, party in the back.
“Bleisure” trips, or ones that combine business and leisure, are rising fast as a common
form of travel worldwide, according to a new report from Bridgestreet Global Hospitality
published by Skift.
The survey, which interviewed 640 respondents, found that 60% said they were more
likely now to take bleisure trips today than they were five years ago
Understanding today’s
Business Traveller
Future – Traveller Management
What is Traveller Management?
Demand Management – influencing number of trips taken
Buying behaviour management – influencing how trips are
planned
Future – Traveller Management
Take a fresh, critical look at your existing travel program from your
travellers’ perspective.
Does it meet their needs by giving them better prices than they
could find themselves?
Are you giving them the tools and information they need to make
the smartest buying decisions? If not, go out and get them.
Consult with travellers, get their feed back and suggest how you
can help them buy smarter, instead of “checking up” on them.
Future – Traveller Management
Apply consumer pricing psychology to corporate travel.
‘Behavioural economics’ is a new branch of study which
investigates how consumers make buying decisions:
• Decoy pricing
• Anchor prices
Future – Traveller Management
The business travellers of tomorrow, who grew up in the sharing
society dominated by Facebook, have already grown accustomed
to sharing more information about themselves in exchange for a
better, more personalized service experience.
This next-generation corporate traveller will demand a tailored
experience and capturing and capitalising on big data makes it
possible.
Future – Traveller Management
Mobile messages
Location-based services
Connect location-based information, personal
identification and context data
How has travel changed while you’ve been
in this business?
What are your experiences of traveller
management?
How do you manage the user experience in
your travel programmes?
Group Discussion Point
The Evolution of the Business Traveller
Future – Gamification
Future – Gamification
What is gamification?
The application of typical elements of game playing (e.g. point
scoring, competition with others, rules of play) to other areas of
activity, typically as an online marketing technique to encourage
engagement with a product or service: “gamification is exciting
because it promises to make the hard stuff in life fun”
Oxford English Dictionary
What is your experience of gamification?
• Do you practice this?
• Do you know how to create such a program?
• Could your TMC’s incentive department help here?
• Could business tourism / Bleisure travel be the way to a
successful gamification programme?
• Do you think gamification can work across all traveller types
within you organisation?
• Do you think gamification can help you manage your travel
programme?
• What downsides do you foresee?
Group Discussion Point
The Evolution of the Business Traveller
Questions….
Business travel usually takes qualified professionals and managers
to destinations they have not selected themselves
(Opperman, University of Bournemouth, 2000).
Is it fair to say the above is generally no longer true?
Conclusion
The future – holistic approach

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EQ Travel Management business travel show presentation feb 2016

  • 1. The Evolution of the Business Traveller Franc Jeffrey – CEO Duncan Sanders – Operations Director Nicola Wilson – Client Relationship Manager
  • 2. The Evolution of the Business Traveller
  • 3. Combined with a user technology explosion
  • 4. Today – travel is connected
  • 5. Today – travel is intelligent
  • 6. Today – travel is an experience
  • 7. Today – travel is mobile
  • 8. Today – travel is Apps • 17,000 Travel Apps on the Market • 160 million app-compatible devices are owned worldwide
  • 9. Group Discussion Point How many people in the room have a Travel App? • What ones? • How many? • Do you use one or a combination? • What do you like / dislike? • What do your colleagues say?
  • 10. The Evolution of the Business Traveller
  • 11. Future – Business Travellers
  • 12. Future – Business Travellers
  • 13. Future – Business Travellers The Millennial Business Traveller Goodbye…limited, restricted Hello.. limitless, unrestricted, innovate and infinite. In 2015, Millennials became the biggest generation in the workforce. One of the biggest challenges for businesses today is integrating the Millennials or Gen Y twenty- somethings into a Baby Boomer culture. No doubt you have read the volumes of the data on Millennials in today’s workforce, but here is a quick reminder…
  • 14. Describe today’s Business Traveller Group Discussion Point
  • 15. The Evolution of the Business Traveller
  • 16. Young Connected Tech Savvy ‘C’ Suite Rushed VIP Knowledgeable Smart Old School/Mature Demanding Impatient Brand Loyal Not Loyal Independent Managed Unmanaged Interested/Excited Bored Points Driven Price Sensitive Time Poor Stressed Chilled Explorers/Tourists Travel Agents Hoteliers Describe today’s Business Traveller Today’s traveller
  • 17. Understanding today’s Business Traveller Business travellers are assumed to be focused on carrying out a work-related task, rather than feeling emotionally stimulated during their trip. Recent competition among travel service providers in the context of the business travel market has highlighted the need for a better understanding of business travellers as a tourist segment, including how they evaluate their travel experiences. “Business travel usually takes qualified professionals and managers to destinations they have not selected themselves” (Opperman, University of Bournemouth, 2000).
  • 18. Understanding today’s Business Traveller Traditionally, corporate travel policies have been structured around “dos and don’ts,” whereas today, many companies are opting for a more subtle tone — one that focuses on encouraging travellers to use certain tools. As generation Y freely mixes work and play, Millennials can sometimes lack clear boundaries when it comes to business travel. As a consequence, it falls to the employer to ensure factors like lack of experience and easy access to technology don’t create risky situations. Today, Travel Managers needs to innovate their travel programme tools to ensure policy adherence as well as productivity and safety.
  • 19. It’s the mullet of travel: business in the front, party in the back. “Bleisure” trips, or ones that combine business and leisure, are rising fast as a common form of travel worldwide, according to a new report from Bridgestreet Global Hospitality published by Skift. The survey, which interviewed 640 respondents, found that 60% said they were more likely now to take bleisure trips today than they were five years ago Understanding today’s Business Traveller
  • 20. Future – Traveller Management What is Traveller Management? Demand Management – influencing number of trips taken Buying behaviour management – influencing how trips are planned
  • 21. Future – Traveller Management Take a fresh, critical look at your existing travel program from your travellers’ perspective. Does it meet their needs by giving them better prices than they could find themselves? Are you giving them the tools and information they need to make the smartest buying decisions? If not, go out and get them. Consult with travellers, get their feed back and suggest how you can help them buy smarter, instead of “checking up” on them.
  • 22. Future – Traveller Management Apply consumer pricing psychology to corporate travel. ‘Behavioural economics’ is a new branch of study which investigates how consumers make buying decisions: • Decoy pricing • Anchor prices
  • 23. Future – Traveller Management The business travellers of tomorrow, who grew up in the sharing society dominated by Facebook, have already grown accustomed to sharing more information about themselves in exchange for a better, more personalized service experience. This next-generation corporate traveller will demand a tailored experience and capturing and capitalising on big data makes it possible.
  • 24. Future – Traveller Management Mobile messages Location-based services Connect location-based information, personal identification and context data
  • 25. How has travel changed while you’ve been in this business? What are your experiences of traveller management? How do you manage the user experience in your travel programmes? Group Discussion Point
  • 26. The Evolution of the Business Traveller
  • 28. Future – Gamification What is gamification? The application of typical elements of game playing (e.g. point scoring, competition with others, rules of play) to other areas of activity, typically as an online marketing technique to encourage engagement with a product or service: “gamification is exciting because it promises to make the hard stuff in life fun” Oxford English Dictionary
  • 29. What is your experience of gamification? • Do you practice this? • Do you know how to create such a program? • Could your TMC’s incentive department help here? • Could business tourism / Bleisure travel be the way to a successful gamification programme? • Do you think gamification can work across all traveller types within you organisation? • Do you think gamification can help you manage your travel programme? • What downsides do you foresee? Group Discussion Point
  • 30. The Evolution of the Business Traveller
  • 31. Questions…. Business travel usually takes qualified professionals and managers to destinations they have not selected themselves (Opperman, University of Bournemouth, 2000). Is it fair to say the above is generally no longer true?
  • 32. Conclusion The future – holistic approach

Hinweis der Redaktion

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