In contemporary globalized marketplace, travel has become an essential component in organizing different business operations. Seminars, forums, trainings and workshops are among the reasons businessmen travel in groups. Business travel has already been identified as a trillion dollar industry and far exceeds leisure individual travels. In short, the travel industry is ever expanding and business travelers lead the way. As travel costs continue to rise, travelers continually look out for cheaper and comfortable alternatives. With the boom in business travel, business professionals are up to date on travel trends. And these are few new trends we’ve identified.
Remote work
Working arrangements in today’s marketplace in changing rapidly. Studies show that more millennial work as freelancers as opposed to office desk jobs. As remote work and remote offices emerge as a business norm, the impression is that business travel will face a decline. However, the reality is different. As companies continue to follow remote first workplace models, brick and mortar locations are being ditched for virtual meeting rooms or out-of-state locations. Although certain business organization continue to take advantage of telecommuting and conduct meetings via FaceTime or Skype, many out-of-state employees now fly from different locations to meet in hotel conference rooms, cafes and furnished apartment Sydney.
Bizcations
There is no doubt that business outings are a burden for some, particularly those with families and other commitments. Having said that, many travelling for business have realized that making the business visit a bizcation is the best way to have a more pleasant experience. Hotels tend to offer marginally discounted rates for business purposes as compared to individual rates. Meanwhile homestay networks such as Airbnb offer all-inclusive luxury accommodation options to suit the millennial business travels. Whether you are looking for a villa for a night or a serviced apartment Adelaide for a month, today’s accommodation market place offers business travelers unique travel experiences. Research suggest bizcations increase the productivity and satisfaction of employees.
Experience matters
With millennial taking over workforces, employers and employment policies try to adjust policies to accommodate dynamic needs of the GenY. While GenX business travelers focus more on work tasks and less on adventures, and are easily satisfied by nice hotel rooms and good food, millennial tend to seek adventures and experiences over comfort. Millennials are value-seekers focusing on travel deals and loyalty perks and are willing to sleep on a couch and budget accommodation options if that spares extra dollars to try new things out, and zest frequent business visits with extended stays.
Related posts: