The days of road warriors hopping from hotel to airport to hotel are changing. It’s not that we have less of a need to travel for business. In fact, our reality is the exact opposite.
MMGY Global’s 2016 survey of corporate travelers found that North American business travelers took an average of 6.8 business trips in the past 12 months. These same travelers predict their business trips will increase to an average of 7.4 over next year. Companies are sending professionals away from their friends, families, and regular routines more often to compete.
In contracts to the increasing demands for business travel, corporations are dealing with instability amid weak global economic growth. The result, as reported by the Global Business Travel Association (GBTA), is a growing number of businesses have tightened their corporate travel budgets.
So how do you increase business travel on a smaller budget? Businesses are getting creative with their staffing, remote assignments, and travel programs. Consider for a moment who is traveling.
By 2025, MMGY reports millennials will be travelling 32% more for business than their Gen X predecessors. If you’ve read any of the 1000’s of articles on millennials in the workplace, or worked with a few on your team, you know that their expectations do not often match corporate standards.
Millennials want to live in communities, not hotels. They want to experience cultures, not room service. And they want choice.
Some businesses look at this as a pain, wondering – why can’t we just do what we’ve always done? Does this sound familiar? If it does, you may learn that your talent will find greener pastures elsewhere.
Companies that will thrive with a changing workforce and increasing pressures see this for what it is, an opportunity to change how we manage business travel for everyone. Smart businesses have realized that it’s not about money, it’s about experiences.
Accommodation providers like locally owned OBASA Suites, have seen these trends coming, and have built teams to help companies find corporate accommodations solutions that fit their team’s needs.
If you have employees traveling for training, project work, or out of town for more than just a few days, consider offering your employees access to corporate accommodation providers instead of hotels. For example, OBASA offers from executive suites, to apartment-like suites, to pet friendly homes, all in local communities across Canada. Whether you are working on a monthly budget, or per diems, your team can travel and still have that ‘home-like’ experience. Equipped with a kitchen, a living room, and one or two bedrooms, corporate suites aim to provide business travelers what hotels cannot: the ability to cook, wash your clothes, entertain and close a bedroom door.
OBASA Suites was among the first companies in Saskatchewan to recognize the need for professionally managed, furnished accommodations that could offer a healthier business travel experience.
“When you are on the road, having the ability to maintain your daily routine can make a world of difference in how you feel, how you sleep, and how you perform.” explains Gordon Doell, President and CEO of the OBASA Group of Companies. “Simply put, we offer the flexibility to live a healthier lifestyle than hotels.”
As the global landscape continues to shift, and our workforce continues to evolve, North America is sure to see an influx in companies who look outside of their standard travel programs for creative corporate accommodation solutions. If hotels are the only option your firm is considering, you may be missing out.