Procurement
Seventy-six percent of predominantly U.K.-based travel buyers indicated they have more money to spend on business travel in 2014 than last year,
according to an early December survey conducted for London's Business Travel Show, scheduled for next month. That is up from 72 percent in last year's equivalent survey and 67 percent two years ago. In this year's survey, 49 percent of the 183 respondents said they anticipate booking more trips this year as compared to 2013, while 34 percent indicated trip numbers would remain unchanged, 9 percent predicted fewer and the remainder did not know. The implication is that many buyers this year anticipate a higher cost per trip. Buyers also were asked to identify the biggest issues facing them and the corporate travel industry this year. The International Air Transport Association's New Distribution Capability topped the list of 20 issues, followed by "Travel Management 2.0," data, sustainability and meetings management.