Getting With the Program - Carlson Wagonlit Travel

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4In BriefIn Brief54 Snapshot56 Soundbite57 Industry News Highlights59 News from CWT60 IndicatorsSNAPSHOTTop Methods for ReducingTravel CostsTop 10 worldwideNorthAmericaEuropeAsia/LatinAmericaAdjust travel policies2 2 1Advance purchase of airlinetickets1 5 4Online booking system4 3 3Tracking and evaluatingtravel expenditures3 4 2Travel alternatives(e.g., videoconferences)1 5Limit employee travel5Electronic expense reportingPre-trip authorizationand approvalMove to lower-cost suppliersConsolidate suppliersSource: 2007 ACTE/ProMedia Executive Travel Survey
CWTvIsIon Issue 3 - January 2008Adjusting the travel policy ranks first overall among the methods used by companiesworldwide to reduce travel costs, according to the 2007 Association of Corporate TravelExecutives (ACTE)/ProMedia Executive Travel Survey.By region, the most popular methods are: adjusting travel policy (Asia and LatinAmerica), recommending or requiring advance purchasing for air tickets (North America)and using alternatives to travel such as videoconferences (Europe). Also mentioned, butnot in the overall top five, were electronic expense reporting, pre-trip authorization andapproval, moving to lower-cost travel suppliers and consolidating suppliers.Other key findings from the survey, which were presented at the ACTE Global EducationConference in Munich last October, include:Travel budgets increased by more than 8 percent on average in 2007, driven mainlyby increases in supplier costs and the number of trips.Online booking provides cost savings for more than 80 percent of respondents and“significant” savings for 34 percent in North America, 27 percent in Asia/LatinAmerica, and 26 percent in Europe.Failing to receive timely, accurate data from their suppliers is a concern for 72percent of respondents.Controlling overall travel spend is the greatest challenge for respondents, followedby policy compliance and developing global programs.This fifth annual survey was conducted in August 2007 by an independent marketresearch company and sponsored by ACTE, ProMedia, GetThere, Sabre Travel Networkand Travelocity Business. The survey generated 305 qualified responses from seniorexecutives, procurement managers and corporate travel managers in companies basedin Asia, Europe, North America and Latin America.
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Insights into Effective Travel Mana
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2 ContentsEDITORIAL5 Looking AheadH
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Page 26 and 27: 24 Priorities for MobilityQuestion:
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Page 32 and 33: 30 Open Skies: Opening up Opportuni
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Page 44 and 45: 42 Ten Business Travel trends for 2
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Page 48 and 49: 46 Smart Solution: Program Complian
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Page 52 and 53: 0Ground Transportation: Worth Anoth
Page 54 and 55: 2Ground Transportation: Worth Anoth
Page 58 and 59: 6In BriefSOUNDBITE“Air travelers
Page 60 and 61: 8In BriefNumerous airlinesunveiled
Page 62: 60 In BriefINDICATORSEvolution of a
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Getting With the Program - Carlson Wagonlit Travel

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