Unit 10 - P4, M1 & D1
Review the current factors affecting business travel (P4) explain how factors are currently affecting the business travel environment and operational practices (M1). discuss how the current business travel environment and how business travel agents are responding to current challenges (D1) Global economy: Strong economic growth and healthy overseas trade increase. There is also emerging economies in the Middle East (India and China); during 2006-2007 there has been a 3.1% increase in business travel as more people are travelling for business purposes. However the recession has made business travel decrease as there is an increase in fuel charges and makes flying more expensive. Businesses have also made budget cuts and cut out unnecessary transport and transfers. The exchange rate also affects the global economy as if the pound gets devaluated; business people will not want to travel to the UK as it will work out expensive . Travelodge sales have increased by 63% ...