HSMAI.no makeover

August 11, 2009 by Jarle Petterson  
Filed under HSMAI, News items

HSMAI Chapter Norway relaunched its website, hsmai.no, yesterday, based on HSMAI Europe’s overall functionality and design, but with a domestic twist.

As opposed to HSMAI Europe, the Norwegian chapter also sports a section for career opportunities, as well as a soon-to-launch password-protected member network, Facebook-style.

Rumour has it the redesign and the new functions have been very well received.

“After preparing the redesigned website throughout summer, we’re very pleased to welcome you to our refurbished site, especially facilitating news and two-way integration with the social media,” says Ingunn Hofseth, president of HSMAI Chapter Norway – and the European division – in a statement, branding the new site a lot more “vital, dynamic, copious and informative”.

Up until recently the chapter’s communications have largely been based on the weekly newsletter, HSMAI Weekly, which is now fully incorporated in the new website.

U.S. Corporate travel decline

August 4, 2009 by HSMAI Newsdesk  
Filed under News items, Travel

The travel industry is reeling from the economic recession, but few segments are as challenged as corporate travel. Amid double-digit declines in traveller demand and revenue, the corporate travel landscape is undergoing a major realignment. Corporations are pulling back across the board and all players – from airlines to hotels to travel management companies – are under pressure.

Recessionary trends are driving a steep contraction in business travel in 2009, resulting in a 15% decline in the U.S. corporate travel market to USD 85 billion according to PhoCusWright’s U.S. Corporate Travel Distribution Fourth Edition. In contrast, the total U.S. travel market is projected to decline only 11% in 2009, dipping below 2006 levels. While corporate travel has historically comprised approximately 40% of the total travel market, this share will decrease as the fall-off in corporate travel demand far outpaces the decline in leisure/unmanaged business travel. Corporate travel share of the total travel market will drop markedly from 39% in 2007 to 35% in 2010.

“Current economic challenges and public scrutiny of travel and entertainment spending has placed corporate travel on the chopping block. Sharply curtailed corporate travel budgets will mean not only less travel in 2009, but stricter policies and tougher policing when spending does occur,” said Susan Steinbrink, PhoCusWright’s senior research and corporate market analyst. “However, the recession will positively affect innovation, as corporations and travel management companies intensify efforts to optimize travel programs. This means bringing more spend under management, accelerating integration efforts across the corporate travel value chain, and leveraging new technologies—from mobile to video conferencing—to bolster the bottom line.”

PhoCusWright’s Corporate Travel Distribution Fourth Edition report is available now at www.phocuswright.com for an introductory price of USD 995 (a USD 1295 value) through 15 August. Report purchases include the recording and presentation deck from the 29 July Webinar, The Changing Face of Corporate Travel. Order today to save USD 300 off the regular report price.

Global Edition subscribers have immediate access to the report via the My Subscription page of www.phocuswright.com.

Source: HSMAI econnect