AEGVE today announced the launch of the I Business Travel Monitor in Spain, conducted by BRAINTRUST, a leader in consulting and professional services in the tourism industry, a study in which more than 200 companies in our country have participated.
This report, new in the market and annual, draws the present and future situation of the business travel industry, becoming a reference analysis, where all players in the value chain come to understand the situation and contrast the health of the sector, understand the trends of an industry in constant change and transformation, and prepare their future plans based on data and business intelligence, aligned with reality.
This I Business Travel Monitor has become a reality thanks to the sponsorship of American Express, BCD Travel, Europcar, Iberia, Iryo, Sercotel and Tripcare, and will be launched at the IV International Summit of AEGVE in Seville this week, on November 4, 5 and 6.
For Juan Manuel Fernández, President of AEGVE: "We are very pleased to launch the I Business Travel Monitor, obtaining not only a complete x-ray of the Spanish market, but an objective analysis of present and future, allowing the entire industry to evolve into a new era, where business travel is and will continue to be a fundamental tool for doing business for companies in our country. With this vision of the future, there is no one better than BRAINTRUST, a leading consulting firm in the tourism sector, to help us in this task thanks to its extensive knowledge, experience and data analytics capabilities that translate into business vision.
From AEGVE we continue to support the transformation of the role of travel managers, who take on a special role in an ever-changing environment, and we will continue to offer a proposal in line with our mission to inform, educate and train.
From here I would like to thank the sponsors who have made this project possible, whose objective is to remain in time on an annual basis, providing the industry with an integral vision, with the purpose of being a fundamental and regular information tool".
More than 200 Spanish companies have participated in the I Business Travel Monitor
More than 200 companies participated in the I Business Travel Monitor, representing the entire Spanish business environment, both in terms of sectors, geography, size, turnover and travel spending, showing a real and reliable picture of business travel in Spain.
Companies expect to grow by 2.4% next year and have budgeted for a 3.6% increase in business travel by 2025
The first report of the Business Travel Monitor, forecasts with the responses of the study, that companies expect to grow by 2.4% next year, while their business travel budgets would be increasing by 3.6% in 2025, which demonstrates once again the importance of investing in this item, supporting and promoting the growth and internationalization of the business fabric of our country.
The I Business Travel Monitor will be launched this week, on November 4, 5 and 6 in Seville, within the framework of the IV International Summit of AEGVE, which will bring together more than 250 attendees, and where there will be sessions of maximum interest, with top-level speakers, networking spaces, working groups, and recreational activities, creating a space for reflection, commitment and action.
For Ángel García Butragueño, Consulting Director of BRAINTRUST: "It is an honor and a privilege for us to contribute to generate valuable information for the tourism industry, and specifically for the business travel sector, where I come from, as a contribution to an ecosystem that continues its transformation that began some years ago, and that will continue to evolve to adapt to new times, becoming an essential bulwark to promote the dynamism, progress and contribution of our companies.
On this path, Travel Managers have a key function that will continue to expand over time, for which they need to increase their skills and knowledge, and will thus play an extremely important role in their companies, which will ask them to ensure the economic sustainability of the model, the impact of travel on the environment, and the influence of social sustainability on the activity.
From here I would like to thank AEGVE for trusting us to carry out the Business Travel Monitor in Spain, and the sponsors for making it possible, whose annual editions begin today, but will continue over time to be a key data tool that will be transferred to future business strategies, promoting a common work, and aspiring to build a more sustainable, resilient, prosperous and purposeful industry".
