Companies must rethink business travel plans: GBTA

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Business vacationers are taking to the roads and the skies once more, however are company travel applications and insurance policies maintaining with the way in which business travel occurs now? With company travel and in-person conferences more and more returning, companies have to be considerate about how they’re implementing – or re-implementing – their travel applications, particularly in relation to their floor transportation.

That’s the premise behind a first-ever floor transportation report – “The Corporate Travel Comeback: The Evolution of Ground Transportation and Other Trending Business Travel Topics” – which relies on a quantitative survey of company travel managers throughout the U.S. and Canada. From Uber for Business, Uber’s enterprise arm, and the Global Business Travel Association, the world’s largest affiliation representing the pre-pandemic $1.4 trillion international business travel trade, the report uncovers urgent considerations and issues from travel managers at a number of the world’s largest firms.

“Corporate travel is on the rise. Uber saw airport rides represent 13% of Mobility Gross Bookings in Q1 2022, growing 166% from the past year,” mentioned Susan Anderson, Global Head of Uber for Business. “As more and more companies shift to in-person and hybrid work flows, it’s important that businesses reimagine their travel programs and policies, so that they’re tailored to this new era of business that we’re operating in. Our hope is that this report’s findings can provide travel managers and others in the business travel space with the insights and data they need in order to roll out seamless and efficient travel programs that outpace the requirements of a changing world.”

The report finds that travel managers rising from the pandemic are laser-focused on just a few key issues in relation to evolving business travel applications at their firms: traveler security, coverage compliance, and sustainability. Compared to 2 years in the past, 75% of employers are extra targeted on traveler security/well-being, 55% are extra targeted on sustainability/social duty, and 53% are extra targeted on travel coverage compliance/enforcement.

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