Tuesday, June 25, 2024 Efficient business travel remains a top priority for accessing new markets and opportunities, but recent SAP Concur research highlights significant challenges for 2024. Business travel has always been a critical component of global workforces, providing access to new markets, fostering insights, and creating development opportunities. However, the landscape of business travel is fraught with complications, as revealed by the latest SAP Concur research involving 3,750 travelers and 600 travel managers across various global markets.
To maximize productivity and well-being, businesses must equip their travelers and managers with the right tools and education. Understanding the friction points in business travel is essential for business leaders to ensure smooth operations and optimal investment returns. The sixth SAP Concur Global Business Travel Survey delves into the most pressing challenges facing business travelers today.
Here are the top five takeaways: One of the most prevalent issues in business travel is the threat of disruption. According to the survey, a staggering 88% of travelers have been forced to make last-minute changes in the past year due to unexpected delays, cancellations, or the need to re-route. This uncertainty has led 80% of travelers to incorporate “booking buffers” at the start or end of their journey to account for potential disruptions.
This frustrating cycle often discourages business travel altogether. Safety concerns are .
