The Business of Travel
GBTA Board View | Changing Trends in Travel Policies
Mar 17, 2025
Join Carlos Almendros from Cisco, Carol Fergus at Fidelity International, and Katie Virtue from Festive Road as they dive into the evolution of corporate travel policies. They discuss balancing cost with employee experience, and the challenges of enforcing flexible travel guidelines. The conversation also touches on the impact of hybrid workforces on policy changes and the importance of clear communication for traveler engagement. With insights into air travel policy transformations post-pandemic, this episode is a treasure trove for travel buyers navigating the future.
49:33
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Quick takeaways
- Corporate travel policies are evolving to balance cost management with employee experience, emphasizing flexibility and mental health considerations post-business trips.
- Organizations are increasingly adopting technology and cross-departmental collaboration to enhance travel policy compliance and adapt to changing workforce dynamics.
Deep dives
Balancing Costs and Employee Experience
Corporate travel policies aim to balance financial oversight with traveler satisfaction, especially as workforce dynamics shift. Companies have started collaborating with HR and ESG teams to ensure alignment between cost savings and employee well-being. New trends in policies include permitting personal time after business trips, allowing employees to engage in activities that enhance their mental health. Technology plays a significant role in this evolution, helping improve work-life balance by streamlining operations and ensuring travelers can save costs through advanced planning.
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