Business travel set to decline by 25% in next five year

A survey by Sewells has revealed a significant number of companies are actively seeking to reduce business travel and commuting.

The study of more than 1,000 British business leaders found the changes were being driven by the cost of travel, its environmental impact and its negative impact on staff productivity.

The Sewells’ British Business and Mobility Study found that:

• 66% of businesses have set targets to reduce their volume of internal travel.
• 60% of businesses have targets to cut trips to suppliers.
• 66% of businesses have targets to lower the number of journeys to clients.
• 65% of businesses consider video conferencing as a viable alternative to business travel.

Moreover, online collaboration and the increasing opportunity for remote diagnostics and fixes are lowering the need for staff to travel either for internal meetings or to meet customers and suppliers.

From a business perspective, cost savings, CO2 reductions, higher employee productivity and a desire to support employee lifestyle choices top the list of benefits.

The British Business and Mobility Study also found:

• 58% of companies have taken steps, or plan to take steps, to reduce commuting to the workplace.
• 67% of businesses now see working from home as a viable alternative to the workplace, and 43% of businesses actively encourage it.
• 69% of large corporates want to see fewer staff commuting to the workplace.
• 61% of businesses have set a specific target to reduce the commuter journeys.
• 24% of large corporate businesses and 20% of small businesses anticipate a shortage of parking spaces within the next five years.