FCM releases 2016 global traveler insights

Media Releases 26 May 2016

FCM Travel Solutions has released an infographic detailing traveler trends and statistics uncovered from their recent global client survey and global data extracted from their multinational reporting tool FCM ClientBank Connect.

The organization's global director of account management, Felicity Burke said that the document serves as an interesting snapshot of travel in 2016 and can assist organizations and procurement in better understanding the shifting needs of the different travelers within their business.

"As managed travel continues to diversify, keeping on top of who your travelers are and what they want is paramount not only for TMCs like FCM, but for procurement teams and decision makers who are ultimately sourcing solutions for these travelers," said Felicity.

"In 2016 more than ever before, the role of the travel management company has become a consultative one, to determine what types of travelers exist within an organisation and to purpose-fit solutions that meet their needs, thus making sourcing easier and more effective for procurement managers."

The infographic, titled ‘Unpacking our traveler’, outlines statistics such as generational mix of travelers globally, average number of trips taken per annum as well as year on year comparisons of average cost per trip and number of days spent away for business.

The research uncovered that "bleisure" now accounts for up to 30% of all bookings made with FCM, as more travelers extend pre- or post- work trip to get a "live-in" experience of the destination they are visiting.

"This increased uptake of bleisure could be a sign of larger numbers of millennials (ages 18-35) in the workplace, who are known for seeing business travel as an opportunity to explore the world on a lean budget. We expect this number only to increase as gen y are expected to account for 75% of the workforce by 2025," said Felicity.

‘Unpacking our traveler’ is available publicly and can be found on FCM's website or through an account manager or business development manager.