The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Business travel poll 2005: Travel management faces new tests

Greater competition and increasingly complex customer needs are forcing service providers to reassess their strategies.

THE TRAVEL MANAGEMENT industry continues to be faced with growing challenges that are driving providers to enhance their offerings and expand their role in the marketplace. In 2005, an emphasis on speed and cost, and a misperception that basic online offerings can fill complex booking needs, are factors to be weighed up by companies looking to control travel spend. Travel management companies must therefore address new ways in which client companies can manage travel and information through a combination of applied technology and human expertise.

On the logistics front, ever-increasing competition from single-supplier internet travel sites forces providers constantly to prove their worth. Such products targeted to the individual purport to make life simpler for one-off bookings, but they also make tracking transactions, comparison of fares and ensuring compliance on a corporate policy level significantly more complicated.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree