As politicians wrangle over Brexit, one thing is clear: Anything could happen. That kind of uncertainty makes the job of managing corporate travel even harder. Whether there’s a Brexit deal, no deal or extension, the outcome is likely to lead to increased travel restrictions and a shift in travel volume to and from London, one of the world’s most popular business destinations.
Get ready for volatility
Travel buyers will need to be especially cost-conscious. Suppliers may need to adjust revenue strategies to manage unpredictable and potentially volatile demand. The result: unexpected changes to pricing and availability.[/vc_column_text]
Travel technology can help
Three solutions that corporate travel managers already use to improve program performance may be particularly helpful in the post-Brexit fallout:
- Hotel Price Assurance and Air Price Assurance from BCD Travel automatically search for better prices on the same rooms and flights, enabling corporate travel programs to take advantage of price fluctuations that swing in their favor.
- Dynamic Performance Management™ from business travel consultancy Advito gives business travel managers access to year-round, data-driven insights. They gain constant visibility into shifts in pricing and supplier performance, meaning they can seize opportunities to improve program performance 12 months a year.
- DecisionSource® Reporting and Analytics provides data-centered, actionable insights that enable corporate travel managers to make smart and swift decisions amid ongoing change.
Ask your program manager for BCD Travel’s latest Brexit update, and explore which solutions could help you successfully navigate the uncertainties of Brexit and beyond.
