The world of business travel is one that is continuously changing as we see new patterns emerge in how people travel for work. These trends are influencing the way in which businesses and their employees think about and approach business travel to and from Canada. These trends include the growing importance of traveling in a way that is good for the environment, the focus on keeping an eye on costs, and the desire to have more control over the booking process and provide a more well-rounded experience that combats employee fatigue.
The Top Trends In Business Travel To Watch For In 2023
The Decisions Surrounding Remote Calls Versus In-Person Meetings
Companies are having more and more discussions about whether or not employees need to go on short-term trips and whether or not online meetings can replace in-person assignments. More people are realizing how important it is to travel which is good for the environment. This is a big reason why travellers are taking fewer business trips, or if they do travel, they may incorporate some vacation travel and extend their stay. However, there is a case to be made for employees who want to be less online and more social, so in-person meetings could have a more positive impact in 2023.
Travel Costs Will Be More Closely Monitored
We expect that restrictions will still be put on “discretionary” and short-term business travel, which has not yet returned to its pre-pandemic level. Even though there was more international travel in 2022, we can see that business travel and the costs surrounding trips would be more closely monitored. You can see this in more recent cuts from large tech companies in Silicon Valley as more companies tighten up their budgets going into the new year.
Making Reservations Will Be Easier Than Ever Before
Business travellers are extremely reliant on technology and have high expectations of the companies that facilitate their trips, including travel brokers and accommodation providers. Business travellers frequently voice a desire for increased influence over the booking process, and consumers are becoming more interested in self-booking alternatives. We will see more leniency in terms of booking and travel arrangements with more personal options in mind.
Combining Business and Leisure Travel
The trend toward combining business and leisure travel is still an important factor. With remote work causing longer and more on-demand work schedules, it is becoming increasingly common for travellers to bring their families along with them on their trips. Putting together a trip that includes both business travel and vacation travel can help cut down on travel costs overall.
Higher Expectations From Business Travellers
Corporate travelers have higher expectations for their trips. Organizations frequently conduct in-depth research prior to booking and even look to receive travel reward points. They want to be able to plan, book and pay for their travel experience within the parameters of the policy, but they also want more control and options, so they want to combine self-service “extras” with the experience.
Takeaways From These Business Travel Trends
As we navigate 2023, it’s clear that business travel is changing, so it’s important to stay up-to-date and adapt. As a business traveller, it’s important to know the industry’s trends and changes so you can make efficient, eco-friendly decisions about your travel plans.
With DelSuites, we adapt to the travel plans of every business traveller that stays with us. Our 30-day plus furnished condo rentals all over the Greater Toronto Area, allow us to provide that flexibility as trends change.
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