LOADING

TDM NEWS EVENTS IWTA SERIES TDM

Travel Daily Media

Today Free Charge

Sign up today free of charge.

Join our global community of over 5 million travel and hospitality executives.

Business travel bookings increase 21% in six weeks, signalling boost in business confidence

Business travel bookings increase 21% in six weeks, signalling boost in business confidence

Megha Paul

- April 19, 2022

New data from Australia’s leading travel management provider for SMEs has revealed businesses are eager to return to the skies, with a 21 per cent increase in domestic and international flight bookings since early February. The early data signals a resurgence in travel and a promising bounceback for Australia’s travel industry.

Corporate Traveller Australia, Flight Centre Travel Group’s travel management provider for SMEs, analysed its travel booking data from 7 February – the date the Federal Government announced the opening of Australia’s international border – to 23 March.

In that period alone, international flight bookings increased by 416 per cent, and domestic bookings by 18 per cent.

Despite the jump in international business travel bookings, the strong growth has come off a small base, given that most international corporate travel was off limits before borders opened with the number of seats purchased at a low level when compared to pre-COVID numbers.

Tom Walley, Global Managing Director at Corporate Traveller, says: “Travel bookings are an indicator of business confidence and optimism – particularly advance bookings. This is a significant uptick in bookings in just a six-week period, and we anticipate demand will climb steadily throughout the year as we continue to track bookings. Hundreds of our customers who paused their travel during the pandemic are kickstarting their programs again, while essential industries that continued travelling, such as medical, mining and engineering, are planning to invest more in their travel this year.”

Corporate Traveller data also revealed that 59 per cent of its domestic and international flight bookings were made up to 10 days before travel, while 11 per cent were made at least four weeks in advance.

In domestic business travel, Corporate Traveller found that, as the borders in NSW, Victoria and Queensland opened late last year, domestic travel increased, even with COVID case numbers high.

When the NSW-Victoria border opened on 4 November and up to 7 February, domestic bookings into NSW increased by 98 per cent, while bookings out went up by 148 per cent. Meanwhile in Victoria, air travel out of the state increased by 227 per cent, and flights in went up by 137 per cent.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Business travel bookings increase 21% in six weeks, signalling boost in business confidence

Megha Paul

- April 19, 2022

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats