08 February 2012 – Global economic uncertainty, including the risk of another recession in the euro zone, has led corporate travel consultant Advito to lower its 2012 forecast for airfare prices in Europe. At the same time, Advito expects tight inventory and strong demand in emerging markets to drive higher costs in Latin America and Asia.

Oil prices, airline consolidation and emerging market demand will push up trip costs

07 September 2011 - Trips to emerging markets helped push corporate travel to pre-recession levels this year, and travel to those same markets is expected to buoy the industry in 2012, despite economic malaise in Europe and North America, according to the 2012 Industry Forecast released today by BCD Travel consulting unit Advito.

Steep increases in oil prices in the first half of 2011 led to equally steep increases in the price of travel this year. The price of oil has moderated in recent months, but travel buyers will still need to budget for moderate airfare and hotel rate increases, says Bob Brindley, vice president for Advito. "A barrel price of US$100 is the 'new normal,'" he said. "But there will be additional factors at play in 2012, including the growing power of consolidated airline entities and higher distribution fees in some markets."

22 August 2011 - In response to increased emphasis by corporations on reducing security and reputational risk, BCD Travel, the third-largest corporate travel management company worldwide, announces a comprehensive Travel Risk Management Solution that draws on technological advances and a personalized approach to help companies drastically reduce risk for travelers.

Programs can do "better than policy" by adding layers of influence and enablement

Copenhagen, June 28, 2011 - Corporate travel programs can learn a lot from businesses that market directly to consumers. By harnessing widely available technologies and taking advantage of behaviors ubiquitous among private consumers, corporate travel programs can communicate more effectively with travelers, achieve higher traveler satisfaction levels and even increase leverage with suppliers, according to a newly released white paper from BCD Travel. 

The white paper, The Customer Always Knows Best: Leveraging B2C Strategies in Managed Travel Programs, argues that in a reflection of larger trends, the strategic direction of corporate travel is moving from program-centric to traveler-centric.

Advito issues update to 2011 Industry Forecast, calls for airfare increases of 6 percent to 13.5 percent over 2010

Copenhagen, May 11 2011 - Rising oil prices continue to make headlines and headaches for corporate travel buyers, as airlines implement fare increases and additional fuel surcharges to cover the rising cost of fuel. Advito, the consulting arm of BCD Travel, has revised its airfare forecast upward in its quarterly update to its annual Industry Forecast.

In the update, Advito cited the International Monetary Fund's April revision of its 2011 forecast for crude oil prices upward from $90 per barrel to $107.16 per barrel, an increase of almost 20 percent.

Global agreement gives BCD Travel travelers convenient access to business lounges

Feb. 24, 2011 – BCD Travel, the third-largest corporate travel management company worldwide, today announced it has signed an agreement with Regus, the world’s leading provider of flexible workplace solutions.

Under the agreement, BCD Travel travelers will receive convenient access to prestigious office, space, meeting rooms and other professional services through the Regus Businessworld membership program.

Advito issues update to 2011 Industry Forecast, calls for airfare increases of 6 percent to 9 percent over 2010 Press Contact

Feb. 9, 2011 – As crude oil prices are predicted to climb to at least US$90 per barrel in 2011 and airlines begin implementing hefty increases to fuel surcharges, Advito, the consulting arm of BCD Travel, has revised its airfare forecast upward in its quarterly update to its annual Industry Forecast.

In the update, Advito cited the International Monetary Fund's late-January revision of its 2011 forecast for crude oil prices upward from $79 per barrel to $90 per barrel.

Expertise of well-known Spanish agency Viajes Iberia and extensive reach of BCD Travel will combine to deliver stable, consistent service and abroad assistance for corporate travelers

Dec. 16, 2010 – Viajes Iberia, the retail office network of Orizonia Corporación, and BCD Travel, the third largest global travel management company with presence in more than 90 countries and annual revenues in excess of US$14.5 billion, announced an exclusive partnership agreement for corporate travel in Spain.

Swedish energy group requests proposals for its travel budget globally.

Dec. 08, 2010 – BCD Travel has been awarded the global travel management contract with Vattenfall AB – in Europe covering Sweden, Germany, Finland, Denmark, Norway, The Netherlands and United Kingdom.

The largest part of Vattenfall’s travel budget is in Sweden and Germany. Vattenfall in Sweden will be serviced from BCD Travel’s office in Stockholm – and in Germany from the offices in Hamburg and Berlin. The other countries will also be handled by BCD Travel locally.

Despite concerns over economic recovery, business travel demand will continue to rise

Oct. 20, 2010 – Corporate travel buyers will face a confluence of factors leading to an increase in the overall cost of travel in 2011, according to the 2011 Industry Forecast released today  by BCD Travel consulting unit Advito. These factors include steadily rising demand, caution by suppliers in adding capacity, earlier closure of lower fare “buckets,” increased application of restrictions to lower fares, and a continuing trend toward ancillary fees and unbundled services.