Types of business travel
Travelling on business can take many forms. Individuals may be travelling to meetings, to exhibitions to make sales calls to customers.
There are also a whole lot of events when high amount of communities of people travel individually, or collectively, to take part in a convention or corporate and business. Companies that organise business travel are functioning in an alternative market to those who organise conferences and occasions and tend to be different companies. However, overlap occurs, for example Kuoni is a well known head to operator, yet comes with an arm of its company which specialises in event management.
Incentive Travel
The motivation travel is made available from the employer(company) to the worker which is like a entertainment present for them because they are travelling free of charge. This can make the employee happy as they can relax at the same time as well as having fun which overall it effects the task rate of the worker when they are back as it will make them a lot more determined to work harder in the foreseeable future as they may gain another praise.
What impact incentive travel provides to the employee
- Facilitating communication and networking opportunities, especially in senior management
- cheering the business's socially
- Having a better company loyalty
- Creating eagerness for upcoming company period
- Strengthening the relationship between the worker and the company
Advantages for employees
Every employee will feel special and become satisfied in their job as the business has given them an fantastic chance to go for an great getaway which they have gain the award. It automatically changes the employees thoughts in work by causing them feel successful and pondering they will be the best for the reason that work place because these were rewarded an incentive travel. That could also mean that they had among the finest performance in the sales force for this business because they were rewarded as not many people experience this trip because it's not often many people being offered an incentive travel by their company.
Exhibitions and trade fairs
There are exhibitions and trade fairs for almost all sorts of product. Business people be present at trade fairs to keep up-to-date on the latest development in their industry which shows they are rivalling with the other person as the find suppliers for products and services and to network with colleagues.
There are two areas of the company of fairs and exhibitions. First of all, there are companies who organise the exhibitions and sell stands to exhibitors. A good example is Reed Exhibitions. They have a department, Red Travel Exhibitions, who focus on travel events. Lastly, there are many of business to be gained in organising travel to exhibitions and accommodation for participants.
Conferences and meetings
The meetings industry Relationship (MIA) is the greatest association for conferences industry for the UK and Ireland, providing support for venues and suppliers in the conferences environment. A firm who would like to organise a big meeting, or seminar, could plan the MIA to find out about companies that can make the arrangements for them.
Corporate events
Corporate situations and hospitality is a specialist industry within travel and travel and leisure that targets providing situations, hospitality and entertainment to business clients. It can be know as a a motivation to a consumer because they have got place a business with some other employer or to persuade businesses which may have not yet customers to the arrangement with the business. Additionally it is regarded as a great way for a firm to network and make new business contacts. Corporate situations take many varieties - from lavish happenings at Wimbledon or the Henley Regatta to who owns a business appealing his or her bank supervisor for a meal in a local restaurant. Many corporate and business hospitality functions are centred on activities incidents, such as golfing championships, cricket, rugby, rugby and soccer matches. There are lots of specialist companies that manage all the arrangements for corporate events, from mailing our invitations and 'meet and greet' services to providing catering and entertainment.
Business Agencies
This section is the role of business travel companies and the different types of brokers operating on the market.
Role
Business travel can be involved with providing products and services for people travelling to meetings, attending meetings and conventions, and taking part in trade fairs and exhibitions. It also includes incentive travel, where getaways, short breaks and other travel services are offered to associates of personnel as a motivation to reach work goals.
big business travel businesses are regularly executing with respect to two gatherings when they take on their job. They can be providing help needed by their customer, referred to as the consumer, on whose behalf they are making the travel schedules. Also, they are an agent for the organization that is supplying the product. These businesses are named 'principals' and comprise airlines, hotels and car work with companies.
Business travel is an ever more important industry, since it is 'high value travel and leisure', gaining hoteliers, caterers, transfer providers, travel agents and a host of other companies' signiЇcant income. Business travel is known as a higher value industry because:
- Clients often have to visit at brief notice, and therefore they are not able to take advantage of discounted move forward purchase rates;
- Business people often use high quality accommodation;
- Business travel invariably includes an element of engaging business clients
- Travel is often in upgraded services, e. g. business course or Їrst category.
Business travel businesses can be split into Їve particular types:
1. Separate agencies
2. National agencies
3. Global agencies
4. Implant
5. E-agent.
Each type has its particular characteristics and products.
Independent agencies
Across the united kingdom, there a wide range of independent travel companies that provide business travel preparations. They aren't part of a national chain and tend to be managed by the dog owner and a small team of personnel. They may be companies that offer solely with business holidaymakers, but are more likely to package with both leisure and business clients. Unlike national providers (see below), 3rd party travel agents are absolve to offer their business clients travel services from an array of suppliers. Indie business travel agents trade on their ability to offer their clients an extremely personal service, counting on word-of-mouth advice from satisfied customers for extra business. Aswell as being participants of ABTA - The Travel Connection, many unbiased business agents join consortia such as Edge Travel or World choice in order to reap the benefits of supplier discount rates, make useful business associates and have their voices listened to.
National Agencies
These are UK-based companies that are part of an national chain of travel firms, such as Thomas Make, Co-op Travelcare and Thomson. These agencies deal generally with holidays and other leisure travel products, but can meet up with the needs of business tourists as well. Firms that are found in places with high concentrations of companies and a large business community often create a sizeable percentage with their turnover from business clients. Organisations of all sizes and in every industries of the current economic climate often need their staff to travel on business. Sole traders, people of partnerships, company directors, public sector staff, junior and mature managers, all travel from time to time on business. This could be in their geographic area, elsewhere in the united kingdom, to countries in continental Europe or further afield.
Implants
Implants are agencies operating in just a business premises, in order that they are readily available to look after travel requirements as needed. The agent may often work by themselves and is employed by way of a business travel company, not by the business in whose premises they are really based.
E-agents
As in leisure travel, there is an extending demand for web business travel services. A few of them may be familiar with the website offering travel services, Expedia. Expedia claims that is commercial travel business, launched in 2002, is the fifth major by turnover worldwide.
Products and services
Business travel agents may be dealing with small companies sending individuals on business travels to corporate and business clients who would like all of their business travel been able.
Basic services will always include:
- Accommodation bookings
- Flight bookings - either slated or low-cost, business, first or even economy
- Transfer
- Cars seek the services of or rail tickets
- Ancillary sales, such as car parking or insurance.
The company will book accommodation for a person that is certainly to find where they will stay, arrange travel such as journey bookings on specific dates, exchanges to the hotel etc. Ancillary services such as insurance and parking.
Management of the customer's travel expenditures
This means analysing data so a corporation knows exactly what is being spent on business travel and where. The travel management company control the info and make it available to the customer 24-hours each day in a spreadsheet or data source.
Negotiation with suppliers
The agent negotiates conditions on the customer's behalf with airlines, care and attention retain the services of companies and hotels for accommodation which this is for the company to find the best deals because of their consumers.
Products and services provided by suppliers
All hotels and airlines want to touch into the rewarding business travel market and constantly draw out services and services to attract business holidaymakers.
Hotels offer Wi-Fi and business centres as a subject. Business customers may choose professional rooms. Even cheaper hotels, like the premier Inn chain, offer wireless internet and conference rooms which is what the business customers expects to possess.
