Business travel shows growth

Business travel shows growth

The UK’s business travel sector is showing signs of positive growth, according to the Guild of Travel Management Companies (GTMC). The company’s quarterly transaction survey (to June 2010) has shown that air travel, hotel bookings, rail travel and car rental bookings are generally up 12% compared to the same period last year. However, ancillary services saw the biggest boost with 24% growth as the industry boosts profits with extras. “The survey of transactions by GTMC members shows clearly that the recovery, no matter how fragile, is underway for UK Plc,” said GTMC’s Chief Executive Anne Godfrey. “The results are particularly encouraging when you factor in the truly exceptional items of the ash crisis and industrial action.” Air travel witnessed 13% business growth, while there was an 11% increases for rail and car rental companies. Hotel bookings grew 7%.

Gary Marshall
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Gary Marshall
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