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Good Travel Management Return to Travel report Q2 2022

Good Travel Management Return to Travel report Q2 2022

One of the key discussion points we’ve had with our clients over the last 2 years is when to start investing in a return to business travel. Many of our clients in industries such as Marine, Energy and Engineering had a continuing need to travel throughout the pandemic. Other organisations, operating in different sectors, asked us to keep them updated on the travel market and general intentions of our customer base to help them assess when they should re-start their business travel and in turn, we’ve produced a quarter-by-quarter assessment ever since to gauge progress.

The map below shows the most popular destinations for our clients during Q2 2022:

Good Travel Management Return to Travel report Q2 2022

The return to business travel continued to be on “Fast Forward” during the 2nd quarter of 2022. The number of trips booked for our clients increased by 28% compared to Q1 of 2022. Trips to North America increased by 29% quarter on quarter as country entry restrictions continued to be lifted and airlines worked to improve capacity levels on key routes. Comparing the Q2 of 2022 with Q2 in 2019 travel activity is still down by approx. 15% with the continuing restrictions on travel to areas in Asia, and reduced travel to Eastern Europe due to the conflict in Ukraine, accounting for much of that decrease, however, the overall picture shows considerable upswing and demand.

This increase in the desire and need to travel continues to challenge all suppliers in the travel industry as they try to meet the challenge of moving from minimal operation during the pandemic to meet the current demand alongside the summer leisure peak. Last-minute cancellations and/or schedule changes have been prevalent over the last quarter, and we’ve proactively assisted our clients to re-arrange plans and avoid the hassle and stress experienced by travellers who booked directly with some suppliers.

The surge in demand also led to caps on passenger and flight numbers being imposed to help airports and related suppliers ensure they met the required service standards. This reduction in capacity has led to a slight increase in average air fares compared to the Q1 of 2022 but we’ve negated this increase as much as possible for our clients through our access to discounted fares and use of our buying power and global network connections to obtain the best value options for our clients.

In addition to ensuring that our clients get full value from their business travel budget we’ve also seen an increase in the work we do with our clients to ensure that their travel spend, and policies, support their company ESG goals and values. From ensuring company travel policies deliver on traveller well-being through to supporting efforts assisting bookers to take the most sustainable travel option, Good Travel Management can provide plans, reporting and actions to reduce environmental impact but ensure your employees are fully informed and supported when travelling on business.

In summary, it is very positive to see the activity levels reach where they are, with SME businesses particularly leading the way in getting back out there doing business internationally.

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About David North

David is responsible for our proposition and ensures our products and services evolve to meet the needs of our customers. David has worked in the business travel sector for over 20 years including holding senior roles within travel management and technology providers across account management, implementation, and product development.
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