SAP Concur reported (27-Jul-2023) the following findings from a survey of Canadian business travellers:
- 96% of Canadian business travellers recognised threats to their company's business travel;
- 94% stated the future of their career depends on successful business travel in the coming year;
- 91% said economic uncertainty is currently affecting their company's business travel, with 47% noting reduced travel budgets;
- 48% of respondents stated travel is critical for keeping up with the latest trends, technology and advancements;
- 47% said travel is key to establishing relationships with new clients;
- 44% view inflation as among the biggest threats to business travel today.
SAP Concur senior global partner business manager Kristen Hrycoy stated: "It is imperative for businesses to invest in the right travel and expense management tools to prioritise employee safety, gain better cost control, and create a travel environment that promotes inclusivity and equity for all". The survey was conducted by Wakefield Research and polled 3850 business travellers in 25 global markets, including 250 Canadian respondents. [more - original PR]