Business
Skip Navigation LinksHome » Travel Insurance » Business » Travel bookings climb to 14m
Bookmark and Share

Travel bookings climb to 14m

26 January 2009 11:15

Travel bookings climb to 14m

Britons made nearly 14 million travel bookings in 2007, travelmole.com reports.

Figures released by the Guild of Travel Management Companies (GTMC) records all forms of travel transaction in Britain, from hotel reservations to booking a flight or purchasing travel insurance.

Among the more surprising statistics were a 23 per cent increase in rail bookings and a massive jump in 'other transactions' including booking travel insurance, airport car parking and passport services, up 27 per cent to 676,000 transactions.

GTMC chief executive Philip Carlisle admitted that he was surprised by the results.

"In the end, 2007 turned out to be even better than we had hoped. At the end of our third quarter, I was predicting that we would top 13 million transactions. In fact, that proved to be a conservative estimate, as we ended the year just 40,000 bookings shy of the 14 million mark," he said.

Mr Carlisle also said that passengers seemed to shrug off fears of an economic slowdown.

"While our leaders were warning of a spectacular slump, Britain's business community took no notice and got on with the job of boosting the UK economy," he added.

The trend towards offering extra services such as travel insurance and visa services has allowed companies to offer their customers a better travel service.ADNFCR-1320-ID-18468458-ADNFCR

Business Travel Insurance News

Companies 'still need to send staff abroad'

Companies 'still need to send staff abroad'

There will always be a market for business class air travel, thanks to the necessity of face to face contact in international enterprise, an expert asserted.

Downturn 'accelerates' business travel decline

Downturn 'accelerates' business travel decline

An industry publication has suggested that the recession is not entirely responsible for the decrease in business travel, which has impacted on corporate travel insurance.

Business travel not generating ROI

Business travel not generating ROI

A representative of the corporate travel industry claimed that a reduction in business travel insurance is an expected repercussion of the economic downturn.

Business travel declines - GMTC

Business travel declines - GMTC

Business travel insurance will be taken out by fewer firms this year, despite its obvious importance to companies.

Businesses cutting down on travel expenses

Businesses cutting down on travel expenses

Businesses might be reducing their use of taxis and first-class journeys but travel insurance is not a luxury that can be passed up on.

Businesses 'cannot stop flying'

Businesses 'cannot stop flying'

Business travel is essential to a globalised economy and cannot just stop, it has been suggested.

Business Travel Insurance Quotes
Policy Type:

Destination:

Group Type:

Start Date:

End Date:



This insurance is only available to residents of the UK & Channel Islands. Click here for our International site.
Dependable Travel Insurance. Exceptional Prices.
  • Travel insurance for business trips
  • Cover for your leisure travel included for free
  • Special terms for corporate groups - just call 0845 90 80 161
  • Up to £5 million medical emergency and repatriation cover
  • Travel delay & legal expenses
  • Instant quotes. Online cover.

Travel with a light mind.
Insure with World First.

Newsletter Signup
Get ahead of the rest of the world, get the travel news first from World First

Your e-mail:
Quick Links