White Papers
Actionable insights for managing business travel
The CWT Travel Management Institute produces white papers to explore a wide range of key issues impacting business travel. Proposed in a short two- to four-page format, these papers aim to provide clear perspectives on major industry developments and propose practical solutions for travel managers.
Latest Publication
Eight key
levers to optimize a travel program
August 2008 - 263 Kb
In the second edition of
Effective Travel Management, published in June 2008, CWT has updated the eight key levers
to optimize a travel program, first presented in 2005. The levers remain focused on savings,
service and security while addressing more recent concerns over environmental protection, duty of
care and sustainability. In addition, findings and best practices from in-depth research conducted
by the
CWT Travel Management Institute provide new insights into online booking, program
consolidation, and travel policy and compliance.
The Eight Key Levers
Eight key
levers to optimize a travel program
August 2008 - 263 Kb
In the second edition of
Effective Travel Management, published in June 2008, CWT has updated the eight key levers
to optimize a travel program, first presented in 2005. The levers remain focused on savings,
service and security while addressing more recent concerns over environmental protection, duty of
care and sustainability. In addition, findings and best practices from in-depth research conducted
by the
CWT Travel Management Institute provide new insights into online booking, program
consolidation, and travel policy and compliance.
Playing
by the Rules: Optimizing Travel Policy and Compliance
May 2008 - 322 Kb
CWT has conducted in-depth research into travel policy design and compliance. The resulting
report,
Playing by the Rules: Optimizing Travel Policy and Compliance, provides actionable
insights to help travel managers evaluate their own policies and compliance measures and uncover
opportunities for savings.
Global
Horizons: Consolidating a Travel Program
May 2007 - 331 Kb
CWT has conducted in-depth research into travel program consolidation. The resulting report,
Global Horizons: Consolidating a Travel Program, provides a practical overview aimed at
helping companies evaluate the benefits, understand the prerequisites for achieving them and
identify the keys to success in the consolidation process.
Toward
Excellence in Online Booking: Key Findings
January 2006 - 207 Kb
CWT recently completed extensive global research,
Toward Excellence in Online Booking, into 153 companies with a travel budget of more than
US $5 million and with headquarters principally in North America, Europe and Australia. Half of the
companies were using an online booking tool when the research was conducted.
Five Steps
to Maximize your Online Booking Strategy
January 2006 - 365 Kb
Investment in an online booking tool may or may not be the right strategy for your company.
Or it simply may not be the right time. To help your company decide whether to invest and
ultimately, to maximize your online booking strategy, CWT has developed a fivestep methodology
which capitalizes on its experience in North America and deepseated knowledge of the European
business travel market. The methodology takes companies through each step of online implementation,
from initial definition of strategy to rollout and program management for rapid adoption.
Country Focus
China:
Fast Evolving Travel Market
August 2008 - 488 Kb
Since its entry into the World Trade Organization (WTO) China has experienced phenomenal
change and growth. Western companies have raced to get a foothold in one of the fastest growing
economies in the world. As a result, business in China -both by multi-national companies and by
Chinese firms trading with other countries- has boomed; and the travel industry has been fast to
evolve and adapt to meet the growing demand for corporate travel management.
An
overview of Japan’s travel market
July 2008 - 1.6 Mb
Japan’s travel market continues to be a complex and challenging environment for managed
corporate travel programs, particularly for multi-national companies less familiar with the market.
Although doing business, especially corporate travel business, in Japan is unlike most Western
cultures; the importance of this market has persuaded many companies to learn how to conduct
business and travel most effectively in Japan. The country’s widely documented financial concerns
have been largely resolved; and its economy is robust with continued growth expected. Acceptance of
change comes slowly in the Japanese marketplace; however the changes in the Japan business travel
market in recent years and now to be expected in the coming 1-2 years seem almost shocking when
compared to the relative stability of the previous 30.
India:
Phenomenal growth expected, challenges persist
March 2007 - 76 Kb
India is a country of more than one billion people, a high number of which are highly
educated, who offer multi-national companies an attractive, low-cost workforce as well as a large
potential market for products and services. As economic and political changes continue to drive
growth, India’s importance to corporate travel programmes has increased significantly. However,
India is quite different from other areas of corporate travel expansion; the cultural and market
differences here make expanding a global travel programme in India a unique challenge.
CWT Business Travel Indicator
Expectations
and Opportunities for Effective Travel Management
August 2006 - 224 Kb
CWT commissioned a survey of travel managers and business travelers in the world’s top 12
business travel markets. The survey, the
CWT Business Travel Indicator, identified key expectations related to business travel
management, examined the challenges travel managers face in managing a corporate travel program,
and indicated how they evaluate their outsourced travel management services provider.