Global business travel market is expected to grow steadily over the next few years. The Global Business Travel Association (GBTA) predicts the business travel market to expand to $1.7 trillion by 2022. But as businesses continue to cross international borders to grow and expand, they are more likely to be exposed to a wide array of travel risks such as political uncertainty, civil wars and the most recent pandemic COVID-19. While growing travel has enabled wider presence for companies across the world, it has also exposed them to risks associated with the same.
This Whitepaper aims to bring into perspective the multiple risks involved in business travel and their potential impact on cost, employee safety and organizational reputation. Risk management is a crucial element of the business travel program for an organisation, and TMCs can play an influential role in assisting them to optimise their risk management. Our goal is to connect with Indian business leaders, CXOs and decision makers and present mitigation techniques to address dynamic travel risks.
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