In today’s volatile economic climate, corporate travel management companies (TMCs) are even more valuable to their clients as they can secure the best travel and accommodation deals for their clients.
As a global corporate travel agency, BCD Travel is in a particularly strong position to negotiate top discount rates for their corporate travel clients, operating in 90 countries on six continents and in 1500 locations worldwide.
A new report, the 2009 Industry Forecast, produced by Advito which is the independent consulting unit to BCD Travel, predicts that net retail airfares will increase by an average of 6-8 per cent in 2009, but softening demand in the hotel market will strengthen negotiation power on room rates, which are tipped to increase by an average of 4-8 per cent.