{"id":181225,"date":"2024-09-12T09:25:24","date_gmt":"2024-09-12T07:25:24","guid":{"rendered":"https:\/\/www.voyages-d-affaires.com\/?p=181225"},"modified":"2024-09-12T14:31:57","modified_gmt":"2024-09-12T12:31:57","slug":"american-express-bernet-study","status":"publish","type":"post","link":"https:\/\/www.voyages-d-affaires.com\/en\/american-express-bernet-study","title":{"rendered":"Arnaud Bernet (American Express): \"Companies don't spend money for nothing\"."},"content":{"rendered":"

Put on the back burner during the covid, business travel has returned to near pre-pandemic levels. So business travel makes real economic sense for companies, as the latest American Express study shows.<\/h3>\r\n\r\n\r\n\r\n

Arnaud Bernet - <\/strong>Business travel has long been regarded as a cost centre. Through this study (*), we have sought to understand the perception of company directors, from the smallest to the largest, on this subject which is often viewed from a budgetary angle. However, beyond the cost, it is clear that companies don't spend this money for nothing<\/strong>. The reason why 93% of them travel on business is that it makes economic sense. Two-thirds of the managers surveyed believe that travel helps them to increase their turnover. For 56% of them, it would be impossible for their company to grow without business travel.<\/p>\r\n\r\n\r\n\r\n

Habits have changed with the pandemic. However, the virtual world has not really taken the place of physical encounters.<\/h3>\r\n\r\n\r\n\r\n

A. B. - <\/strong>What the study highlights is that business travel has evolved over the last five years, a perception shared by 55% of executives. The virtual dimension is certainly increasingly important, but it has not replaced business travel, whether local, national or international, in terms of a real economic dimension. Today, 70% of managers prefer face-to-face meetings, whether for build customer loyalty<\/strong> 60% of them for team building and training. Virtual meetings are not a substitute for face-to-face meetings; the two complement each other.<\/p>\r\n\r\n\r\n\r\n

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Is the need to travel the same, depending on the size of the company?<\/h3>\r\n\r\n\r\n\r\n

A. B. - <\/strong>When we talk about business travel, we often think of large companies or SMEs. But this study questioned all types of company with 10 or more employees. Whatever their size, and all have a shared perception of the importance of business travel<\/strong> for their commercial and economic development. In companies with 500 or more employees, 79% of employees make business trips, while this figure rises to 82% for companies with 50 to 99 employees. For companies with fewer than 20 employees, the figure is 63%. The percentages may vary slightly, but this willingness to travel is widespread across all companies.<\/p>\r\n\r\n\r\n\r\n

Do large and small companies travel internationally in the same way?<\/h3>\r\n\r\n\r\n\r\n

A. B. - <\/strong>In large companies, a third of journeys are made internationally, mainly in Europe (84% of journeys), but also in Asia (29%) and South America (16%). For companies with between 50 and 99 employees, although international travel only amounted to 12%, there was a significant increase in the number of trips to the following countries a wide range of geographical areas visited<\/strong>. Europe remains in the lead, with 68% of trips, ahead of Asia (32%), North America (21%), Africa (14%) and South America (14%).<\/p>\r\n\r\n\r\n\r\n