Travel program leakage is the bane of any travel program manager the world over. Before COVID-19 hit, businesses were seeing dollars and productivity hour’s march out the door as employees chose to book outside of the travel policy and expense claim back at a later date.
There has been a call recently from certain travel industry bodies to eliminate Hotel RFPs for a year or more. This approach would see 2021 rates mirror those set for 2020, and no new negotiations until the 2022 season. FCM, together with 4th Dimension Consulting provide some perspectives on the topic.
As the impact continues to spread with no quick wins in clear sight, it is important to watch, listen and learn from each other to ensure we step-up and get-out of this storm to the best of our ability.
There is no crystal ball to tell us when exactly travel will return, or what we can definitively expect to change, but we know that heightened hygiene measures stemming from Covid-19 will be a critical part of travel moving forward.
During these challenging times a company’s culture is truly put to the test. Those with a genuinely strong employee culture who ‘walk the talk’ will now see their commitment return dividends.
Leadership can be tricky at the best of times, but the ability to keep a team productive, disciplined and engaged over the next few weeks in lockdown, will prove to be challenging for even the most experienced leaders among us.
FCM is monitoring the current novel coronavirus (COVID-19) outbreak and the impact on business travellers and will continue to keep clients informed during this active situation.
We are closely monitoring the situation and will update you as appropriate. For any immediate and urgent requests during this period, please contact the 24/7 emergency service team at firstname.lastname@example.org or your dedicated service hotline.
As the region’s economy continue to grow, Asian businesses are looking to their travel managers to find ways of saving money on travel, to make booking processes slicker and to integrate expense management into their travel policies.
Here's a look back at the business trips we planned, savings on air bookings we helped our clients saved, and the numbers that mattered.
The first step to compliance is making sure your corporate travel policy is circulated to every traveler in the organization.
In a recent interview with CEO Magazine, FCM Asia's Managing Director Bertrand Saillet spoke of changes in the travel industry, how FCM operates and his business philosophy