According to recent research conducted by Booking.com, the expectations of business travelers from their corporate trips are increasing. Nowadays many employees tend to agree to lower salaries and accept a job with business trips instead of high pay. Research has shown that there is growing interest among modern workers in travel and associated new impressions.
Forty-nine percent of business travelers confirmed a tendency to extend their business abroad during the past year, with 27 percent admitting a plan to repeat this action in 2017. In fact, a trend among business travelers indicates that 46 percent desire more trips in the upcoming year.
“No longer seen as lost time or a career inconvenience, business travel is increasingly seen as an opportunity to expand horizons, find inspiration, and progress in a career,” proclaimed director of product development of Booking.com, Ripsy Bandourian. “Today’s laptop and latte breed of employee is increasingly mobile and fluid with their travel plans, looking to strike a balance between business and leisure travel.”
When it comes to corporate travel, it is essential to be reminded of the most popular modern business destinations, which are generally located in Asia. Business travel bookings in the region saw a sharp increase over the past 12 months with Shanghai as the unquestioned leader, Tokyo taking second place, followed by Bangkok and Guangzhou.
New York was in fifth place (the only U.S. destination on the list) followed by Budapest, Singapore, Hong Kong, Prague, and Amsterdam.
In fact, only two of these business destinations boast highly convenient transit times between airport and hotel. Booking.com reports that Singapore Changi Airport has the fastest transit time from airplane to city center accommodations, approximately 45 minutes, which is not a lot. Bangkok Suvarnabhumi Airport also showed nice efficiency, ranking third with about 54 minutes.
Munich Franz Josef Strauss Airport, Madrid Barajas Airport, and Berlin Tegel Airport completed the top five airports on the list. Their times range from 49 minutes to 60 minutes.
Prompter transit times give travelers more free time for rest and exploration of a destination – something a majority of road warriors strive to do, with 62 percent indicating that they want to do as many activities as possible when visiting a new location.
When booking business trips, roughly one-quarter of travelers wait until the last moment, with 23 percent booking a domestic trip within a week of departure, and 24 percent booking international trips within four weeks of departure.