• About Us
  • Advertise with Us
  • Contact Us
  • Offers
  • Events
  • Newsletter
  • Podcasts
  • Digital Magazine
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
  • About Us
  • Advertise with Us
  • Contact Us
  • Offers
  • Events
  • Newsletter
  • Podcasts
  • Digital Magazine
NZBusiness Magazine

Type and hit Enter to search

Linkedin Facebook Instagram Youtube
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
NZBusiness Magazine
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
News

Strong growth in NZ business travel

IATA has announced full-year global passenger traffic results for 2016 showing demand lifting 6%…

Glenn Baker
Glenn Baker
June 30, 2017 2 Mins Read
435

The International Air Transport Association (IATA) has announced full-year global passenger traffic results for 2016 showing demand lifting 6% over 2015, with the Asia Pacific region demand growing by 8 percent.  
 

This trend is reflected in the FCM Travel Solutions NZ Spotlight on Business Travel Trends 2017 report, which shows business travel continues to rise, despite technology such as Skype for Business and WebEx.
 
Ninety-five percent of FCM Travel Solutions clients when surveyed said they would be continuing to spend the same, if not more on their international travel volumes.
 
In 2005, ahead of the Global Financial Crisis, the number of trips taken annually by FCM clients was just 3.5 per annum. This increased by almost 75% to 6.1 in 2016. The company anticipate by the end of 2017 this will rise to seven trips per annum.
 
Andy Jack, general manager FCM Travel Solutions New Zealand, said the report has shown the continuing need for in-person meetings.
 
“The need for face-to-face meetings and conferences has not diminished and the value of personal relationships is still paramount for businesses.
 
As travel becomes more accessible and affordable New Zealand corporates are travelling further and more frequently, recognising that in-person interaction is, and will remain, a vital part of business.”
 
It will come as no surprise that the report shows the overall cost of business travel has increased over the past 12 years, with more than a 30 percent increase noted since 2006. 
 
Jack says this increase sits largely within accommodation. FCM’s Spotlight on Domestic Travel article highlighted 30 new hotels are required across the country by 2025 to keep up with demand and that potentially only 15 will eventuate. This level of demand and supply issues has seen room rates gradually increase.
 
“While airfares have become more affordable the majority of the business travel costs we are seeing are in accommodation. Supply issues around hotels have seen a spike in rates, however, we also see many businesses aren’t willing to compromise on accommodation for their employees. 
 
“Travel can be complicated – within this market its important businesses work smarter, seeking advice on travel and travel policies in order to attain significant savings across the year.

 

Share Article

Glenn Baker
Follow Me Written By

Glenn Baker

Glenn is a professional writer/editor with 50-plus years’ experience across radio, television and magazine publishing.

Other Articles

Kaz’s delicious obsession
Previous

Kaz’s delicious obsession

Printing
Next

Print shop celebrates growth

Next
Printing
June 30, 2017

Print shop celebrates growth

Previous
June 30, 2017

Kaz’s delicious obsession

Kaz’s delicious obsession

Subscribe to our newsletter

NZBusiness Digital Issue – June 2025

READ MORE

The Latest

How to grow your brand online (without doing the most)

August 7, 2025

Kiwis rank among world’s most entrepreneurial minds, study

August 7, 2025

Does your sustainability training line up with reality?

August 7, 2025

The next wave of Kiwi innovators rises on the back of global momentum

August 7, 2025

2025 EY Entrepreneur of the Year Finalists announced

August 1, 2025

Building better businesses with transformative tech

July 31, 2025

Most Popular

Understanding AI
Nourishing success: Sam Bridgewater on his entrepreneurship journey with The Pure Food Co
Smart solutions for your business
NZ fintech in process of launching first bank designed for Open Banking and AI
Still learning after all these years

Related Posts

Kiwis rank among world’s most entrepreneurial minds, study

August 7, 2025

The next wave of Kiwi innovators rises on the back of global momentum

August 7, 2025

Surcharge ban to shake up payment practices for SMEs and retailers

July 28, 2025

Mental health awareness grows among NZ SMEs – but support still lacking

July 24, 2025
NZBusiness Magazine

New Zealand’s leading source for business news, training guides and opinion from small businesses to multi-national corporations.

© Pure 360 Limited.
All Rights Reserved.

Quick Links

  • Advertise with us
  • Magazine issues
  • About us
  • Contact us
  • Privacy policy
  • Sitemap

Categories

  • News
  • Entrepreneurship
  • Growth
  • Finance
  • Education & Development
  • Marketing
  • Technology
  • Sustainability

Follow Us

LinkedIn
Facebook
Instagram
YouTube
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability