The findings of its Canadian Travel Management Professional report has been released by the NBTA-Canada, formerly the Canadian Alliance of Business Travel. The full report was provided to…
The findings of its Canadian Travel Management Professional report has been released by the NBTA-Canada, formerly the Canadian Alliance of Business Travel. The full report was provided to all attendees of the association’s Annual Conference & Exhibitor Showcase, held in Toronto.
“As a unique, Canada-focused, buyer-driven, corporate travel association, NBTA-Canada is pleased to help corporate travel professionals understand the roles and status of corporate travel managers relative to their peers, and to give Canadian companies benchmarks for comparing their travel management programs to those of other companies,” said NBTA-Canada President, Tanya Racz, CCTE. “It’s my hope that this data will empower travel managers and their companies to strengthen their travel programs and the positions of corporate travel professionals.”
In researching the report, NBTA-Canada surveyed 102 companies of various business classifications from across Canada.
Key findings of the report are as follows (all monetary values listed in Canadian dollars):
- 42 percent of respondents’ 2007 total travel budgets are between $1 million and $5 million, while 37 percent are between $11 million and $40 million.
- 60 percent of respondent organizations report global operations; up 9 percentage points over 2006.
- 47 percent of respondent organizations have more than 250 employees who travel regularly.
- 60 percent hold the title of Manager or Supervisor.
- 47 percent of respondents report to Corporate Services and/or Administration; up from 25 percent last year.
The percentage of respondent companies with centralized travel responsibilities in each of the following areas increased over 2006:
- travel policy creation – from 94 percent to 95 percent
- vendor negotiations – from 94 percent to 100 percent
- travel communications – from 86 percent to 89 percent
- travel agency relations – from 80 percent to 89 percent
- reservations and tickets – from 56 percent to 74 percent
- 100 percent of respondents are responsible for vendor negotiations; up from 94 percent in 2006
The number one career issue facing travel management professionals is job security, as reported by 33 percent of respondents.
The leading travel management education and professional development opportunities attended by respondents are: Canadian Alliance Education Days (31%) and the NBTA-Canada Annual Conference (18%).
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
