TravaPlan takes the hard work out of business travel
According to McMahon, the global business travel market is estimated to be worth €1.1trn and is going through a phase of major disruption.
“According to a recent Phocuswright survey, 90pc of businesses have moved away from tightly managed travel policies where all travel has to be booked through a single supplier, to a more flexible solution where employees or an internal travel coordinator can book directly online themselves”.
“This is particularly true for short-haul trips where it is easier and more cost-effective to book the flights and accommodation online as there are no fees and [there is] greater choice”.
“This is also driven by the fact that millennials, who are used to booking travel online themselves, now account for 50pc of business travellers,” said McMahon.
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