This document provides information that identifies some of the expected travel delays that will occur and undoubtedly affect those with a daily commute to work, steps that, as our clients, you should consider to help minimise the impact on travel-related business activities of your organisation. Equally, this document reflects our determination to maintain a ‘business as usual’ service to all of our customers throughout the Olympics Games 2012 period.

Global economic uncertainty, including the risk of another recession in the euro zone, has led corporate travel consultant Advito to lower its 2012 forecast for airfare prices in Europe. At the same time, Advito expects tight inventory and strong demand in emerging markets to drive higher costs in Latin America and Asia.

2011 has been a year of steady growth for business travel, with both demand and prices up. Demand is now close to 2008 pre-recession levels, as is the cost of air travel, but hotel rates still have some way to go. Based on a provisional assumption that economic growth will continue in 2012, Advito expects business travel demand to continue to grow too

Mature corporate travel programs have begun "maxing out" saving 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. Travel Managers need to embrace a model that privileges travelers' consumer-driven behaviors, as well as acknowledges the need and preferences of the Millenial generation.

As complexities mount in the managed travel space, progressive companies are transforming travel program paradigms to achieve better-than-policy results, according to this white paper exploring innovations in corporate travel management. Underwritten by Advito and published by Business Travel Media Group, the paper includes extensive commentary and analysis from Advito and BCD Travel thought leaders.

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.

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.

Travel program managers are increasingly being asked to measure their success against corporate objectives. This white paper by BCD Travel’s consulting unit, Advito, provides travel managers with clear guidelines for directly linking travel program performance with corporate objectives using strategic key performance indicators, or KPIs.