Business travel is undergoing a technology transformation that’s changing every aspect of the traveler’s journey. In this short video, travel leaders from A.T. Kearney, Finastra, Mondelēz International and RELX describe how BCD Travel helps them navigate digital change, make the most of their data and embrace evolution.
The pace of business travel change is exciting—and also can be overwhelming. In a brief video, travel leaders from A.T. Kearney, Finastra, Mondelēz International and RELX explain why they value BCD Travel’s focus on removing complexity from corporate travel.
Having the right travel management company partner is crucial to corporate travel managers juggling program performance and traveler satisfaction. In this short video, travel leaders from A.T. Kearney, Finastra, Mondelēz International and RELX explain why they rely on BCD Travel to provide tailored services, great people, expert advice and true collaboration that enables smart spending on corporate travel and successful business trips for their employees.
Vice President, Global Solutions Engineering, BCD Travel
2020 Industry Forecast from BCD Travel Research & Innovation
Global Overview Airfares
Global Overview Hotel rates
Global Overview Economic outlook
Global Overview Oil prices
North America 2020 Industry Forecast from BCD Travel Research & Innovation
Airfares will increase by 1% in all main travel segments.
Hotel rates will climb by 2% to 4% in the U.S. and Canada, and by 0% to 2% in Mexico.
A slight softening in demand will cap meeting rate rises at 2%.
Competition will keep car rental rates static unless vehicle prices rise by more than 7.5%.
Middle East 2020 Industry Forecast from BCD Travel Research & Innovation
Steadily growing demand and rising costs will push up regional airfares by 1% to 2%, as long as the geopolitical situation does not deteriorate.
Changes in intercontinental fares will be limited to 0% to 1% as expansion by the big three Gulf carriers slows.
Hotel rates will rise by 1% to 3%, mainly in higher service properties. They will stay flat in the increasingly competitive mid-market sector.
Uber’s deal to buy Careem will create a dominant ride-hailing force in the Middle East.
Southwest Pacific 2020 Industry Forecast from BCD Travel Research & Innovation
Competition will push intercontinental fares down by 1%, while regional fares will be 1% higher.
Hotel rates will change by 0% to 2% in Australia and will go up by 4% to 6% in New Zealand.
Meetings rates will increase sharply in Sydney and Auckland.
Ride-hailing is popular, and travelers have a growing choice of operators.