Business travel is making a comeback: interview with Susanna Peretti from BTM

Vaccinations at the heart of the business travel recovery in 2022

Vaccinations at the heart of business travel recovery in 2022: per Bizaway and the must. The Tmc which in the last two years has opened an important slice of market in business travel takes stock of slow recovery corporate travel, with the help of the best known research. Here are the data from McKinsey, Wttc, Statista and Bizaway herself, rendered in a reflection on trends.

The summary: companies are now trained to “stop and go“, This gives hope for a return to pre-pandemic levels before the repeatedly hypothesized 2024. However, there are many new organization modalities.

In the headaccelerated digitization which benefited the travel management company like Bizaway, which is based on an online platform.

Vaccinations and business travel in 2022: the heart of the restart

“A determining factor for corporate travel policies is represented by the vaccination trend, which varies from country to country, going from a percentage of less than 10% in Africa to over 90% in the United Arab Emirates, while in Europe we are 68, 7% ”, he argues Flavio Del Biancoco-founder and Cto of Bizaway.

Currently, the percentages of vaccines (two doses or single dose Janssen) administered are these:

Europa 68,7%

USA 61,2 %

India 41,4%

United Arab Emirates 90.7%

Argentina 70,5%

Brazil 66.7%

Africa 8,57%

Luca Carlucci

“There is still a long way to go to a full recovery,” he comments Luca Carluccico-founder and CEO of Bizaway.

He continues: «The experts and the WHO speculate that the pandemic will not completely disappear, but that will pass to an endemic state. And this means that in our sector we will still have to live with restrictions and freedom ».

On the part of Tmc, the reaction to the stop of business travel was investments in new features of the platform. The results: in 2021 the average monthly growth in the volume of bookings was more than 35%.

Learn more about the employee safety tool on a business trip.

The WTTC and the recovery of business travel in the Regions

According to World Travel & Tourism Council (Wttc) the business travel expenses will grow by 34% in 2022.

The greatest momentum will take place in Asia-Pacific (41%), in America (35%) and in Middle East (32%). Instead, theEuropa will be 28% and theAfrica al 23%.

The recovery rates for each individual region, for 2021 and 2022:

Middle East – 49% for 2021 and 32% for 2022

Asia-Pacific – 32% for 2021 and 41% for 2022

Europe – 36% for 2021 and 28% for 2022

Africa – 36% for 2021 and 23% for 2022

America – 14% for 2021 and 35% for 2022

You might be interested in the article on Covid and business travel: why will he become our travel companion?

Why is business travel so important to the travel supply chain?

A consequence of the blocking of business travel was the boom of videoconference meetings. Adding to it the adoption of the smart workingthe effects on travel supply chain suppliers have been fatal.

In a search, Statesman summarizes data widely known to us, which are still worth fixing.

The business travel sector was responsible for 70% of the global income per high-end hotels. Of an inclusive value between 55% and 70% of airline profits. Despite the fact that business travelers represent only 12% of passengers.

These revenues are at risk until uniform recognition of a healthy passenger’s certifications is possible. Among them the vaccination documentation e i tampons to access destinations and means of transport from all over the world.

For businesses, the topic of overall risk assessment, depending on the variants of the Coronavirus and the health response of the destinations. The accessibility to the testboth in terms of availability and for the cost of the same.

Learn more about Bizaway’s point of view e i trend 2022 del BT.

Europ Assistance insurance on Bizaway

Among the recent innovations of the platform is the insurance with Europ Assistance.

The travel manager books the policy online and independently. He manages all aspects of the business trip, including administrative ones. The product offered is specific for the BT.

Also Trenitalia is integrated directly into the system for all rail services e even after sales. Tickets are issued and changes are made in real time.

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