The white paper explores what consolidation means in the modern travel industry and what companies can hope to achieve from the substantial effort required to consolidate travel policies, suppliers and other program elements on a country, regional or global scale. In addition to defining consolidation and exploring benefits such as cost savings and increased traveler safety, the paper details how to execute a successful consolidation.

Business travel-related risk management is making it to the top of the agenda at the corporate level. Most security and travel managers are aware of these recent developments but unsure how to initiate a successful travel risk management program that does not inhibit corporate mobility. The white paper explains why companies should adopt a systematic, strategic approach to travel risk management – and how to do it.

Advito, the consulting arm of BCD Travel, has updated its Industry Forecast for 2009 based on economic and industry developments during Q4 2008. This update is prompted by ongoing macroeconomic and industry volatility, and is designed to assist corporate travel executives in navigating complex travel program management scenarios.

The revisions are grounded in the analysis of BCD Travel's global client transaction data, macroeconomic indicators and direct feedback from the sourcing engagements for air, hotel and car programs that Advito conducts on behalf of its clients.

Our forecast draws on our extensive global knowledge of the corporate travel industry and world markets and offers our look ahead to next year to ensure you have the information to thrive in a constantly changing travel environment.