Showing posts with label 2015 at 04:20AM. Show all posts
Showing posts with label 2015 at 04:20AM. Show all posts

Friday, October 30, 2015

Millennials Want to Travel More for Business, Face-to-Face Meetings

ALEXANDRIA, Va. — Millennials are nearly twice as likely to want to travel more for business than Baby Boomers (45% to 26%, respectively), and most Millennials (57%) believe technology can never replace face-to-face meetings to get business done.

Also, Millennials are far more likely to rely upon social media to meet up with friends when traveling than Baby Boomers (46% to 17%) and are far less likely to want to use their personal credit cards to float business expenses (53% to 69%). In terms of travel amenities, if only one could be selected, Baby Boomers would strongly prefer to pay no fee to check bags (47% compared to 34% of Millennials), while Millennials want free Wi-Fi (30% compared to 17% of Baby Boomers).

These findings come from the latest GBTA Business Traveler Sentiment Index, research from the GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA), in partnership with American Express.

“Millennials are the newest generation of road warriors and, like their more experienced peers, they understand that face-to-face meetings remain key to getting business done,” said Michael W. McCormick, GBTA executive director and COO. “Over the last quarter, business travelers across the board — Millennials, Gen Xers and Baby Boomers — reported that their goals were met on business trips, leading to greater satisfaction.”

“Millennials in particular are interested in business travel and see the value it brings to their companies and their careers,” said Susan Chapman-Hughes, senior vice president, American Express Global Corporate Payments. “This generation may see more upsides to business travel because they’ve found new ways to stay connected to their personal and professional commitments while on the road.”

The study also found that overall business traveler satisfaction with getting through airport security declined significantly in the past three months (from 55% in 2Q to 45% in 3Q). Despite this drop, overall satisfaction levels with the business travel experience remain high (73%). But with airplane travel as a driving force in overall satisfaction, a continued downward trend could hurt the level.

A concern raised in the study centers around confidence in the economy. The percentage of travelers who believe the overall health of the economy is excellent dropped from 32% in 2Q to just 21% this quarter. This is despite the fact that travelers’ views of the health of their own company or industry remained virtually unchanged and much more positive. More than half of business travelers feel their own company is in excellent financial shape (62%) and that the overall health of their industry is excellent (51%).

Travelers don’t want passengers to talk on mobile phones while in flight. The study finds that nearly two thirds of business travelers oppose allowing passengers to talk on their mobile phones while a flight is in the air, while just 9% support this.

Keywords

business travel   corporate travel   GBTA   Global Business Travel Association   industry surveys   Millennials   

 

Follow @lctmag on Twitter

via Limo News http://ift.tt/1M4wsKF


David Bastian and Towne Livery Take the Limo Show Quiz for LCT East

Keywords

David Bastian   Fleet Vehicles   LCT-NLA Show East   Towne Livery   

 

Follow @lctmag on Twitter

via Limo News http://ift.tt/1PTMglL


California Driver Sues Uber For Owed Expenses

A former Uber driver named Ramy Kabany has filed a complaint against the fast-growing company in California, arguing that he should be reimbursed for work-related expenses such as gas, car maintenance and repairs.

The case will hinge on whether a state labor commissioner decides that he is, as Uber claims, and independent contractor, or whether he should be classified as an employee.

TIME Magazine article here

Related website: Uberlawsuit.com

Keywords

California operators   employee vs independent contractor   independent contractor issues   labor laws   lawsuits   legal issues   TNCs   Uber   

 

Follow @lctmag on Twitter

via Limo News http://ift.tt/1P8AXo9