The French are betting on business travel, according to American Express

American Express Global Corporate Payments has published a study highlighting the major role played by business travel in the strategy of French companies, 77% of which consider that "business travel is essential to company profitability and sales". So, despite the crisis, this is not the time to turn inward, but rather to conquer new markets.
DR

Travel more to earn more: this is the adage advocated by a new study by The Economist Intelligence Unit commissioned by American Express Global Corporate Payments. The report, published on 4 April, shows that 76% of French companies have travelled as much or more over the last three years. This is logical, given the way French professionals view business travel: "nearly 8 out of 10 executives (77%) consider business travel to be essential to company profitability and sales (83%)". Far from replacing business travel, the technological aspect would, on the contrary, make it all the more effective, since 76% of French executives believe that technology has considerably improved the productivity of business travel. "More than ever in times of crisis, French companies see business travel as a real driver of growth", summarises Marc Clatot, Vice-President of American Express Global Corporate Payments in France and the Netherlands, "which is why, in a context of globalisation, they are sensitive to solutions that enable them to acquire global visibility of their expenditure so that they can identify potential savings, particularly in the hotel sector, a new key issue in terms of purchasing and cost control".