Business travel on the rise

Business travel is back on the rise according to corporate travel company Carlson Wagonlit Travel, who have announced a 13.2 per cent increase in transactions for the first six months of this year.

According to the specialist travel agency, the Latin America and Asia Pacific regions saw the biggest increase of transactions – up by almost 50 per cent. In contrast, Europe, the Middle East and Africa reflected a more steady growth rate of 7.7 per cent.

Meanwhile the company’s portfolio remained strong, with corporations from across the world looking to increase their business travel abroad.

Such news will come as a positive for conference centres in popular European cities such as London, with more organisations looking for cutting-edge locations in which to hold successful networking events. Venues most likely to capitalise on increased visitors will be those that are situated in central locations and offer high-tech facilities, according to industry experts.

Douglas Anderson, president and CEO of Carlson Wagonlit Travel spoke to Meetpie about the rise in business travel, saying: ”Business travel is back on the corporate agenda… It is clear to us that companies fully understand the role business travel, meetings and events play in helping them successfully reach their objectives.”