Business travel is back, but not in the way we’ve known it

Business travel continues to recover after the challenges of recent years. American Express’ Recent research shows that more than four in 10 (42%) United Kingdom Organizations are looking to increase the number of business trips they take in the coming year.1 The study finds that travel and the value of human connections go hand-in-hand to drive growth, with eight in ten organizations (82%) saying it plays a key role in driving revenue growth . In a challenging economic environment, it’s important that leaders continue to explore the critical opportunities travel offers to fuel growth and engage and engage employees. However, as our study shows, the new era of business travel is being shaped by many factors.

WELL-BEING AND LEISURE IN FOCUS With travel often involving a lot of time away from home, unsociable flight times and work juggling travel plans, more than half (55%) of travelers agree their overall well-being suffers when they travel too frequently.

However, due to advances in technology and changes in work practices encouraged during the pandemic, expectations of travel to work have changed. Business travel is transforming into a mix of business and leisure that prioritizes people’s well-being, offers opportunities for greater cultural experiences, and encourages greater productivity. Rather than marginalizing work, the rise of remote work means it’s now completely normal to be productive on the go. In our study, three-quarters (74%) of travelers agree perks like flying business class and access to lounges allow them to get more done while traveling.

Here, American Express’ The upgraded Business Platinum Card is perfect for business owners looking for an upscale experience. The card offers the largest rewards package in our business card portfolio and includes a range of tools to improve business efficiency, such as: B. AmexExpense, an integrated solution for business expenses. In addition, the card offers exclusive benefits that support a productive and valuable journey, such as B. access to worldwide airport lounges and hotel upgrades.

ENCOURAGING TEAMWORK Building and maintaining personal relationships with customers, suppliers and new prospects is clearly important to driving growth. But it’s important to remember that business travel can also offer more for colleagues and employees. While businesses have had no choice but to rely on virtual alternatives to build relationships during the pandemic, the lifting of restrictions has allowed teams and colleagues to come together. This enables more collaboration, creativity and strengthens the corporate culture. BETTER BUSINESS TRAVEL WITH AMERICAN EXPRESS It’s clear that the way we travel for work is changing. To make the most of the opportunities that business travel offers, successful business owners are looking for ways to eliminate the stress and discomfort that can sometimes be associated with travel while adding a premium touch to the experience, such as: B. Airport lounge access or hotel benefits including upgrades and superior customer service.

This is where the refreshed American Express® Business Platinum Card can help. The card is the perfect travel companion, unlocking a range of valuable benefits that allow entrepreneurs to advance their business and enjoy their success. To more mindful and better business travel and the many benefits they offer over the next year and beyond. To learn more, search “Amex Business Platinum.” 200 Annual Travel Credit each year when you book through American Express Travel online £Card members also benefit from the largest rewards package within American Express’ Business card portfolio, with the ability to earn an additional 10,000 Membership Rewards® points each month if you spend over £10,000 on your card – up to an additional 120,000 points per year. When switching to Aviosthis is enough for a return flight in Business Class outside of peak hours new York on British Airways. This is on top of continuing to earn 1 point for every pound spent. These points give executives the flexibility to use their rewards in the way that suits them best – from reducing monthly expenses to taking a well-deserved break abroad £You and your Business Platinum Employee Card member can receive benefits at our hotel partners like free upgrades, early check-in and late check-out, increased loyalty points, Wi-Fi and much more £Other travel benefits include: Access to 1,400+ airport lounges worldwide; comprehensive worldwide travel insurance and the ability to use Membership Rewards points on hotel stays, flights, car rentals, restaurants and more all help and drive business success.

Annual fees apply. 18+ depending on status. The full terms and conditions of the American Express Business Platinum Card, Basic Charge Card with no fee, rewards or other available features. Visit: www.americanexpress.com/engb/business/charge-cards/ American Express Services Europe Limited is authorized and regulated by the Financial Regulator.

Business travel is transforming into a mix of business and leisure, a journey that puts people’s well-being first, offers opportunities for greater cultural experiences and encourages greater productivity

(c) City AM 2022, source newspaper

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