Britain 'getting back to business' says GTMC

Britain 'getting back to business' says GTMC

The Guild of Travel Management Companies (GTMC) reported a 4% increase in air travel transactions in the three months to June, confirming a return in UK business confidence.

The year-on-year rise in business travel flying in the second quarter went along with a 16% increase in hotel bookings and 7% rise in rail transactions by GTMC members.

The GTMC’s 38 travel management company members account for about 80% of UK corporate travel.

Air, rail and hotel bookings dominate the data, which showed an overall 8% rise in activity in the quarter.

However, air bookings for the first half of the year and for the 12 months to June remain flat on the previous year following a 3% decline in January to March.

Hotel transactions over the 12 months were up 4% and rail bookings up 2%.

The second-quarter increase in flight bookings came on top of a 2% rise year on year in April-June 2012, suggesting a real improvement rather than a seasonal anomaly.

The GTMC published the figures along with its latest quarterly review indicating a return of business confidence and suggested: “Business travel does drive economic growth.”

Hailing the figures, GTMC chief executive Paul Wait said: “It’s my firm belief that business travel and the health of the UK economy are closely linked.

“GTMC members believe business travel is not a cost but a necessary investment to drive economic growth and prosperity.

“Britain is about to get back to business [and] it is getting back to business travel – not before time.”


This is a community-moderated forum.
All post are the individual views of the respective commenter and are not the expressed views of Travel Weekly.
By posting your comments you agree to accept our Terms & Conditions.

More in News