Travel Risk Outlook
Report
Business travelers face a wide range of risks, beyond those associated with the pandemic. This new report provides travel managers, purchasing managers and corporate travel arrangers with essential information to set priorities and adjust their corporate travel programs in times of uncertainty and change.
Based on both internal statistics from BCD’s Global Crisis Management (GCM) team and external sources, the report outlines seven risk categories that may impact business travel:
- Economic outlook
- Climate change and extreme weather events
- Geopolitical developments
- Personal risk
- Cybersecurity
- Health threats
- New world, new travel risks
While day-to-day risks like flight disruptions, theft or lost luggage remain, reports from BCD’s Global Crisis Management team show that the nature of travel risks has significantly changed over the past four years. Natural events are more disruptive and civil unrest and incidents of violence increased. Risk is not confined to the journey to/from a destination; travelers are as much at risk at the destination and need support from travel managers for the entire trip. Findings from the GCM team reveal the need to act now and assess, adopt and apply risk management strategies.
Contact us to learn more about this report and our solutions for travel management.