The graph of travel industry trends for the last five years show the key travel-segment changes that are reshaping the travel industry landscape. The mid-level and economy segments have seen the most growth. On the other hand, leisure oriented groups that form the core of travelling and tourism business has shown slower growth in some phases.
Business trips and related tourism, which is an important segment of travel industry has shown a certain decline since the last year. Following data supports this fact.
- Globally, domestic business trips declined by 3.2% in 2009 while international business arrivals plunged by 7.2%
- Spending by domestic business travelers fell by 6.2% while spending by international business travelers plunged 14.6% in 2009
- Germany, United States and United Kingdom accounted for 41% of the decline in international business departures.
- The Middle East was the only region to experience moderate growth (4.6%) in business arrivals in 2009, mainly in Saudi Arabia.
However, the blame of decline in business trips is generally fixed on the advent of electronic media in business arena. Video conferences, teleconferences, video calls and online chats have vanished the distance between the people and merged the globe more smoothly as a single marketing platform that is approachable anytime from anywhere. Also, electronic media has proved effectiveness in instant communication that is turning to be the key differentiator in business success. This has curtailed the business travelling need to the bare minimum.
How can internet marketing help?
This is the most proper time to give the electronic media the dose of its own medicine. Internet technology that has applied brakes on business related travel can be successfully utilized to put life back into it and compel more businessmen to go touring.
Reach out to maximum business clients: Internet marketing can reach a large number of prospects without causing a much dent in your marketing and advertising budget. Once your target client is reached, it becomes easy to undertake various tools that will help you to understand the business travelers’ pulse and preferences.
Explain advantages: You can explain the advantages of holding a conference at a venue. Emphasis may be laid upon the facilities and business related infrastructure available at the venue, personal interaction, network buildup, mass approach, etc.
Offer discounts: To pull businessmen out of their cubicles and make them travel across, emails can be sent to offer discounts in travel, accommodation, dining and other hospitality gestures. Banner ads are effective in attracting attention to the offers.
Offer memberships: Extend memberships of your agency and hotels to the business traveler. This may entice them to undertake travelling to avail membership benefits. Special benefits may be offered to business travelers if they travel with family and without business motive. Co-relating business trip with other tourism and travel types will benefit the industry and boost the number of business trips. Internet marketing can certainly accelerate the process.





