Skift logo
  • News
    • Latest News
    • Skift Pro
    • Podcast: Skift Daily Briefing
    • Free Reads
    • Airlines
    • Hotels
    • Destinations
    • Digital
    • Travel Advisors
    • Corporate Travel
    • Coronavirus News
    • Airline Weekly
    • EventMB
    • All Sectors
  • Research
    • Research Home
    • Recovery Index
    • Skift Health Score
    • All Research
  • Skift Live
    • Skift Master Pass
    • Business Travel and Future of Work Summit
    • Loyalty and Subscription Summit
    • Wellness and Outdoor Summit
    • Hospitality and Marketing Forum
    • Destinations and Sustainability Summit
    • Skift Global Forum
    • Skift Asia Summit
    • Skift Aviation Forum
    • Short-Term Rental Summit
    • Sponsorship Opportunities
  • Newsletters
    • Skift Pro
    • Daily
    • Weekly
    • Airline Weekly
    • EventMB
  • Advertising
  • Join Skift Pro
Sign In
×
  • Latest News
  • Skift Pro
  • Skift Live
  • Newsletter
  • Research
  • EventMB
  • Airline Weekly
  • Daily Podcast
  • Advertising
  • Sign In

Skift Report: 10 Business Travel Trends for 2020

Skift • TripActions
Share
Tweet
Share
Post
Send

10 Business Travel Trends for 2020

It’s been another fast-paced year for the business travel sector. Technology continues to reshape how business travelers plan and book their trips, and employee habits and expectations related to business travel continue to evolve. Meanwhile, new industry competitors are bringing fresh ideas and options to corporate travel buyers, impacting everything from distribution, to how products are marketed and sold, to expense management and contract negotiation.

For the decision makers that oversee corporate travel policy and spending decisions— including CFOs, Procurement, Operations HR and Travel Management leaders—it can be difficult to keep track of it all. How much will changing employee behavior impact the success of their programs? What tools should they utilize to balance the needs of travelers and the demands of the company balance sheet? And which industry-level trends will have a meaningful impact on their business?

It is with these questions in mind that Skift and TripActions are releasing “10 Business Travel Trends for 2020,” offering a macro-level look at the employee preferences, best-in-class business travel tools, and company-wide strategies the sector’s decision makers will need to watch out for in 2020. The included trends were selected from a range of sources, including recent industry news, interviews with key industry experts and executives, and data drawn from a primary research study conducted by Skift in the summer of 2019.

Among the key themes that surfaced from the reporting are trends related to the importance of travel to achieving business objectives and growth, more user-friendly corporate travel tools, employee preferences related to sharing economy services and “bleisure” travel, the evolution of business travel expense management, and the growing imperative to address sustainability within business travel programs, among others.

What does 2020 hold for the business travel sector? While there may be no crystal ball to definitively predict the future, Skift and TripActions hope that this report will provide guidance to industry leaders as they set their corporate travel agendas for 2020 and the years beyond.

In this report

  • A round-up of 10 trends shaping corporate travel strategies, budgets, and policies in 2020
  • Analysis of current industry challenges facing business travel decision-makers
  • Examination of survey data investigating the attitudes and preferences of business travelers and corporate travel managers
  • Reaction to the trends based on interviews with stakeholders including corporate travel executives, business travelers, and corporate travel managers

Sponsored by

×

Thank You

The report will be emailed to you shortly, be sure to check your inbox. If you have any problems accessing the report, please reach out to skiftx@skift.com.

Want more? Check out these other reports that you might be interested in:

View

Send me the report

Skift Corporate
  • About Skift
  • Advertise With Us
  • News Staff
  • Terms of Use
  • Privacy Policy
© 2021 Skift Inc. All Rights Reserved
Follow Us

Eventbrite Posts $225 Million 2020 Loss and Expects Just Modest Events Recovery for First Half This Year https://t.co/YApyTOQjl8

Twitter | 2 hours ago

Latest Podcast Episodes
  • Skift Live Sessions: Marriott Group President Stephanie Linnartz 
  • Skift Live Sessions: Regulating the Short-Term Rental Economy 
  • Skift Live Sessions: How Diversity Fuels Creativity