In Business Travel Trends 2010 – Part 1 we found that businesses will begin doing away with any needless or excessive business trips. Travel protocols may turn out to be less restrictive, while companies will ramp up attempts to control travel-related hazards. Consumers will depend on merchants to become a motivating force in discovering “green” solutions and technology will continue to enhance the business traveler’s experience. Additionally, these significant business travel trends may evolve as well.Merchants will persist in seeking out discounted distribution overheads. Pricing pressures will not diminish for suppliers, especially legacy carriers dealing with escalating competition due to new participants. Airlines and hotels will opt to reduce credit card fees, offering discounts in support of businesses willing to make use of lower-cost debit cards and/or new forms of payment.Dynamic hotel pricing will soar. Revenue or yield management is expected to increase additionally within the hotel industry and dynamic pricing will turn out to be progressively widespread. Dynamic pricing could, however, put forward savings by streamlining the bid with regard to the proposal process as well as ongoing program administration.Various dynamics will influence the competitive landscape. Several indicators pointed towards the single leading force concerning the airline marketplace as being the EU-U.S. Open Skies agreement. In addition to deregulation, the new fuel-efficient Airbus A380 as well as the Boeing 8 aircraft will influence competition on international routes by reducing approximately 15% in per seat expenses. On domestic routes, discount carriers will persist in exerting downward force with regard to fares and drive growth. Consequently, airline competition will, as you might expect, intensify in the short-term and diminish in the mid-term, with vulnerable participants either becoming acquired or completely displaced from the market. Concerning the hotel marketplace, supply will continue to remain short in major cities for the foreseeable future, despite the recent addition of new properties. With regard to ground transportation, seasonal price fluctuations are expected to be emphasized and rates will increase, indicating the higher cost of new vehiclesMerchants will progressively compartmentalize services as well as employ exclusive discounts. Customer liaison administration will additionally become more complex as suppliers gradually segment the market, looking for fresh ways to enhance the customer experience as well as seek out higher margins. With regard to the car and hotel industries, businesses will aim at various categories of corporate travelers through differentiated brands while aspiring to build loyalty among individual customers by way of customized services. At this point, the fundamental trend will be suppliers endowing travelers with enjoyment of their personal lifestyle wherever they are, softening the line between business and leisure.Cooperation among industry participants will remain fundamental. Consumers as well as merchants have indicated the need for sincere dialogue in order to improve the industry. Consumers must be willing to appreciate suppliers’ constraints in order to possess more realistic expectations, while suppliers must be more than willing to have travel managers provide essential input as well as feedback. It was recommended that companies must not be afraid to make known their concerns with a view towards advancing their businessesWill all of these predicted trends come to pass? It’s hard to say. Certainly many significant variations are possible. Obviously only time will tell, but at the very least it should prove interesting.
Traveling a lot for work recently has provided me with some unique opportunities to observe people. There are lots of stories and jokes and stereotypical characteristics about road warriors – people who travel a lot on business – and I expected to run into a lot of confirming examples. But what I’ve discovered is the few are creating an image to the detriment of the many. Here are 5 debunked myths about road warriors that may surprise you:1. They enjoy freedom from the office while on the road. Quite the contrary, 80% to 90% of all the business travelers I see are working while traveling. They are talking quietly on the phone with conference calls while waiting in the airport, they pull out their laptops or tablets and start working as soon as we hit 10,000 feet in the air. Most business travelers are quite literally tethered to their offices and they don’t waste time hanging out or lolly gagging around. They are working.2. They enjoy chatting about where they’ve been and how important they are at work. OK, so there are a few braggarts running around out there, but most of this behavior is seen only in the movies. Sure, rookies may fall into this trap for a little while but the vast majority of business travelers keep to themselves and work. The bad mannered folks fluffing their plumage at anyone who will listen are few and far between. You could be sitting next to a CEO or an Entrepreneur who makes 7 figures and you probably won’t know it. I really believe most business travelers see travel time as their own time to work and think with minimal interruptions.3. They are rude. We’ve all heard the stories. I’ve witnessed a few business folks behaving in ways that would embarrass the crud out of their mothers, but on the whole the vast majority of business travelers I’ve seen recently have been considerate of the people around them. They talk in low voices while on the phone, they follow the FAA rules about electronic equipment usage, they patiently wait in line for the family with 3 kids, 7 bottles of water, 6 roller bags and a stroller to clear security. They don’t usually push and shove to get in or out of a line. And they don’t demand special attention from gate agents, flight attendants, hotel staff, or drivers. The rudest travelers I’ve observed lately have been folks on vacation.4. They get to eat in fancy restaurants every night. I suppose some could afford it, but the reality is the fancy restaurants are an exception for the practiced business traveler. The rookies may try this for a while, but they learn pretty quickly that fancy meals and late nights make working on the road miserable. Most business travelers eat at the hotel where they are staying or a local take out. They are focused on getting something to eat, getting work prepared for the next day and getting some sleep. People who don’t travel a lot find it hard to believe but when you are on the road what you get hungry for is a simple meal like you can easily fix at home.5. Business travel is glamorous. Yes, there are perks like frequent flyer miles and hotel points. But business travel is a lot about waiting to get where you are going, fitting in as much business as you can while you are there, and then going home. Its airports and hotels and offices and meetings. There’s very rarely time for sightseeing. Most experienced business travelers treat the travel as a normal part of their day – just a long commute. Interestingly, I think business travelers tend to be more focused on getting the job done while they are traveling so that they can relax when they go home.Whether you are an entrepreneur or a corporate exec, your ability to expand your impact in the world is enhanced by business travel. It’s nice to know that most of the fellow travelers you’ll meet on the road are just regular people focused on doing a good job. Sure, there will be the occasional twit and some pretty funny stories to share, but most of it is routine as you join the ranks of the polite, yet focused business travelers.
To address environmental issues, eco-friendly approaches are being taken by the construction industry these days. Therefore, most major players are now using environmentally-friendly building materials and approaches. This is necessary as they have to tackle issues, such as pollution, resources shortage, climate change and so on. Also, another concern dogging this industry is the fact that demand is surpassing supply.Going eco-friendly helps reduce energy consumption, as we use solar energy, renewable energy resources, savings on transportation of raw materials and other such advantages. These materials and methods help in reducing greenhouse gases and other chemical pollutants, besides conserving natural resources. These practices of construction industry also make our surroundings cleaner and healthier.Builders today have many options to choose from when building eco-friendly habitations. Interestingly, most of the techniques being employed are not new. They are, in fact, age-old methods that are being incorporated with latest technology, in order to make them more effectively and quickly For instance, clay-based materials, straw are some of the materials being used in construction. Also, recycled paper from pulp is being used for roof insulation instead of the asbestos, mitigating the damage that the latter causes to human health.Another point to be noted is that all of the above mentioned materials are bio-degradable too.For instance, Skansk, a Sweden-based multinational construction company, is commencing work on the second phase of the Tennet project in Gothenburg. Skansk’s work on this project entails construction of office premises of 12,500 square metres, which has been accorded the globally acknowledged certification LEED (Leadership in Energy and Environmental Design).One of the green initiatives in this project would be putting sedum plants on the roof. These plants have the property of absorbing rainwater and enriching the quality of air around, thus improving the quality of living.