Part of a meeting and event planner’s responsibilities can include the organization and booking of business travel and air transportation. Depending on the kind of meeting or event airline bookings can be arranged for attendees, VIP’s or just a large group of staff. It falls on the planner to secure air transportation and to be sure that whether it is an attendee or staff that everyone gets to the conference, meeting or event by the time they need to be there. I can’t tell you the amount of times I have been on the phone literally begging to get someone on a flight and fast. Some larger planning companies have an inside department that handles all things air, while others partner with an outside travel company responsible to manage all the travel components.
According to information from the Global Business Travel 2013 Forecast, this will be a decent year for booking air travel. With face-to-face meetings on the upswing, besides taxes and fees, prices are predicated to remain the same or only increase ever so slightly.
The Global Business Travel Association’s Outlook on Business Travel
In 2012 business travel spending in the US had become sluggish for various reasons including a questionable economy and politics. However the Global Business Travel Association’s outlook reports that 2013 business travel spending in the US should see a modest increase. Though organizations have been cautious when it comes to spending in the first half of 2013, the GBTA outlook predicts business travel in the US to climb 4.6% in 2013 to $266.7 billion, powered by an increase in international outbound travel and group travel for meetings and events.
It is anticipated that some of the more significant reasons for growth in the business travel arena for 2013 will include an increase in group travel spending expected to advance 5.2%, international travel spending is anticipated to climb 5.9% and a slight increase due to inflation foresees organizations will be spending more actual dollars on business travel.
A Positive Slant on Business Travel
With a better economy and increased buyer confidence it is not surprising that business travel spending is on the rise. And with millions and millions airborne for meetings and conferences it is an understatement to say meeting planners and professionals as well as business travelers will be an important part in the area of business travel growth. And with face-to face meetings and summits, events and experiences and conferences and conventions on the upswing and with business travel continuing to grow in 2013 through to 2021, the value of meetings and business travel will definitely drive spending in a positive way and generate solutions.
Often times business travel spending is a sure sign of positive things to come and is used as a gauge to forecast the economy and its future progress. And with the anticipated growth in meetings and business travel in 2013 all indications show a more positive economy in 2013.