Classifying Business Travel Risk in 2017

White Papers 20 Dec 2017

Risk comes in many forms. From the high-profile examples of terrorism, natural and man-made disaster, assault and harassment to the everyday problems of travel delays, illness or lost productivity as a result of one of more circumstances combining.

One thing’s for sure though; travel risk management and traveller security have never been such an important part of travel management. Research by Business Travel News in February 2017 found that 65% of corporates have stepped up their focus on this issue over the last three years, and the bigger the spend, the greater the focus.

The survey also found that just over half of travel programmes with an annual spend of under $10m are doing more to ensure their travellers’ safety than those spending $50m or more, of whom 81% are tightening their procedures and controls.