Australia Corporate Travel Summit | ACTS

How to Leverage Actionable Data & Intel for your travel program - FCM Travel and Enterprise. A summary from the ‘Black Run’ Seminar 1, 'Actionable Data & Intel for your travel program’, at the Australia Corporate Travel Summit | ACTS on 13 November 2024 presented by FCM Consulting’s General Manager Felicity Burke and Enterprise’s Strategic Sales Director - APAC, Jim Crowder. Travel Growth and Predictions: Travel is on the rise, with seat offerings for 2024 expected to be about 2% higher than in 2023, marking an all-time high and surpassing the 2019 benchmark. Airfare Trends: Average ticket prices have decreased this year, and while domestic airfares in Australia have softened, international airfares are increasing, particularly in the US, Canada, and Brazil. Car Rental Market Insights: The global car rental market is significant, with expected decreases in rates for APAC in 2024 and 2025, highlighting the importance of including car rental in travel programs. Hotel Rate Volatility: Hotel rates have increased over the past few years and are expected to continue rising, with occupancy levels returning to normal in key cities, affecting pricing strategies. Sustainability and Electric Vehicles (EVs): The adoption of EVs in the travel sector is hindered by range anxiety and insufficient charging infrastructure, which must be addressed for successful integration into travel policies. Overview The Seminar focused on key trends and forecasts within the global travel sector, noting a 2% projected increase in seat availability for the upcoming year despite challenges such as inflation and geopolitical unrest. The discussion revealed a decrease in domestic airfares in Australia while international ticket prices remained stable. The second segment examined ground transportation, pointing out a $134 billion global car rental market, with APAC set to see reduced rates and increased emphasis on customer experience and sustainability. Lastly, hotel trends indicated rising rates, particularly in major cities, with global occupancy levels stabilising. Attendees were encouraged to shop early for travel arrangements, consider off-peak seasons for events, negotiate hotel rates, and develop long-term travel programme plans. Action items included maintaining close communication with suppliers to better understand customer needs and market fluctuations. Read the full article here: https://lnkd.in/gVxRH_ej

Qantas’s dual brand and corporate travel in Asia. All change! At the Australia Corporate Travel Summit | ACTS, organised by Greener Airlines, Qantas CEO International and Freight, Cam Wallace, offered some insights on how Qantas is using its dual brand on international routes into Asia, defining “Jetstar“ routes and the “Qantas” routes and how the group was differentiating their product in the market. For corporate travellers, there are inevitable consequences. In October, the Group announced it will replace Qantas with Jetstar in the Korean market next year. It’s currently competing with two full service airlines, Korean Air and Asiana, as well as low cost T’Way. It’s not the first time this strategy has been applied, nor will it be the last. It’s one of the advantages of having a dual brand strategy, that the revenue profile of particular markets – and that includes the level of competition - can be more accurately targeted by either the full service or the low-cost airline.The need to be more focused on the low cost component in Asia has intensified in the last decade. It’s a continuing process and will only become more marked. The profile of Australia-Asia travel has undergone very important changes over this period – and they affect how the Qantas Group serves this rapidly growing region. Boeing’s forecasts to 2040 project SEAsian aviation growing at over 7% compounding, almost twice the global levels and more than three times the rate of global GDP growth. Long-haul LCCs have transformed the Asian market The region is being stimulated by growing intra-regional trade and tourism shifts, and relative stability. But most importantly for aviation and tourism, it’s the expansion of long-haul low-cost carriers, LHLCCs, that has transformed the market and is increasingly challenging traditional flag carriers and other full service airlines. This phenomenon is interesting enough in itself, because the conventional thinking always was that the low-cost model would not translate to long-haul travel. But it certainly has in Asia.  Today no less than seven widebody (that is twin aisle, mostly A330s and 787s) LHLCCs fly into Sydney, occupying about 13% of all international seating capacity in that market. For Melbourne, where the long-haul Jetstar operation is based, it’s even greater, with 9 LHLCCs operating there, accounting for almost 20% of all seats. Within in SEAsia, long- and short-haul LCCs account for nearly two-thirds of all seats. 20 years ago there were none. Read the full article here: https://lnkd.in/g9yWGNpZ

We’d like to take this opportunity to thank you all for attending our inaugural Australia Corporate Travel Summit | ACTS. It was a success because of YOU. It was your energy and enthusiasm that made it such a memorable day! Over the next couple of weeks, we will be releasing a series of detailed Session Summaries, plus we have assembled all the Presentations and Photos from the day - see the links below. Session Summaries: https://lnkd.in/gHhTph8w Presentations: https://lnkd.in/guHb4Q8Z Photos: https://lnkd.in/gNgvN-6g We’d like to thank our Sponsors and Event Partners, Association of Travel Management Companies and GBTA | Global Business Travel Association, for all their help in establishing this event, as well as all our speakers and panellists for their time in preparing and sharing their insights - and making their slides available for everyone!

GBTA is offering ACTS attendees a special membership offer - until 13 December! Our event partner, the GBTA | Global Business Travel Association, is pleased to provide all delegates a very special GBTA Membership - but only till 13 December 2024: https://lnkd.in/gCVNjHGZ This is your opportunity to become a member of the world’s biggest grouping of travel procurement professionals. As a GBTA member, you’ll benefit from:   • Access to the GBTA Hub, the world’s largest ‘Travel and MICE’ industry repository • Participation in all GBTA events (free or at reduced price) • Complimentary and discounted webinars • Discounted enrolment in GBTA Academy Courses • Industry leading research at no additional cost • Access to the GBTA Global Member Directory • Networking opportunities, sharing of experience between buyers and suppliers • Building relationships and sharing knowledge through volunteer opportunities **ACTS delegates - 23% off the fee to join GBTA** ACTS delegates can become a GBTA Member for the special price of USD150 nett (approx $230) instead of the usual rate of USD195 (approx A$300) - a 23% saving. Buy Now: https://lnkd.in/gCVNjHGZ Code: ACTS150  Validity: The code is valid for 1 month from ACTS - until 13 Dec 2024. So don’t delay! This is your opportunity to invest wisely in your professional future.

Thank you for all the amazing comments and feedback from the Australia Corporate Travel Summit | ACTS in Sydney, where over 450 people joined us last week… “Memorable, extremely insightful, incredible, fantastic, awesome, inspiring, wonderful day, what a day, outstanding, the best corporate travel event in Australia, top notch, great summit, amazing buzz, the best day, informative, collaborative, super relevant, fun and insightful, just…wow!, Bravo, amazing panelists, enlightening experience, valuable insights, a knowledge-filled event, what a memorable day!, the pre-eminent Summit for the corporate travel industry in Australasia, the best corporate travel summit I’ve been to in Australia, loved it, great to meet and hear from so many influential people in the industry, amazing and smoothly run event, What struck me most was the atmosphere, Looking forward to the next one in 2025! an incredible day filled with insights, dynamic discussions, and truly fresh perspectives on corporate travel, It's a shame that I didn't know about this one - I would have loved to attend!, Countdown is on to next year!!!!" Full photo album here: https://flic.kr/ps/45kidr We are moving at pace on planning for the Festival of Aviation and Corporate Travel Summits (FACTS) 2025 at the ICC Sydney, 25/26 November. See more here: https://lnkd.in/gzqasqX7. If you’d like to be part of it, please get in touch - derek@greenerairlines.com

THANK YOU from the bottom of our hearts for making the inaugural Australia Corporate Travel Summit | ACTS a roaring success! Your enthusiasm, insights, and passion for advancing the corporate travel industry truly made this event unforgettable. We're excited to build on the momentum created and look forward to what we can achieve together in the future. Here’s to many more successful summits ahead! #FACTS2025

The Ski Run theme at this year's Australia Corporate Travel Summit | ACTS has taken our sessions to new heights! Each workshop and discussion was crafted to match attendees’ experience levels: GREEN: Ideal for beginners with under 3 years of experience, our introductory sessions provided essential tools to navigate the industry terrain. BLUE: Intermediate-level insights were offered for those with 3–9 years of experience, tackling more complex strategies and skills. BLACK: Our most challenging sessions were geared toward experts with 10+ years of experience, delivering high-level, cutting-edge insights. This tailored approach lets everyone dive into relevant, impactful content, making learning as smooth (or steep!) as a great ski run! 🏔️✨ #CorporateTravel #SummitSuccess #SkiRunTheme

The Australia Corporate Travel Summit | ACTS has officially opened its doors to a packed house at the Sheraton Grand Sydney Hyde Park! With over 470 corporate travel pros filling the room, today’s sold-out event is set to be a powerhouse of insights, connections, and game-changing ideas. “The Summit comes at a crucial time for the corporate travel industry which is managing a fast-changing aviation environment, geopolitical challenges and pressures to make the sector more environmentally sustainable. There will be many lively discussions and debates across the day,” said Peter Harbison, co-founder of ACTS Organiser, Greener Airlines. “ACTS has lived up to our expectations to emerge as the pre-eminent Summit for the corporate travel industry in Australasia”, said Tass Messinis, Chairperson of the Association of Travel Management Companies, the event’s Strategic Partner. “Global business travel spend is projected to reach a record $1.48 trillion in 2024, and by 2028, we’re looking at a $2 trillion industry worldwide. Australia is part of the resurgence. But with growth comes complexity. ACTS is an important forum for the industry to come together share knowledge and shape the future of business travel and GBTA is delighted to be part of that discussion,” said Catherine Logan, Regional SVP - EMEA and APAC for the GBTA | Global Business Travel Association. #ACTS #CorporateTravel

And we are GO!!!! The Australia Corporate Travel Summit | ACTS is officially underway – where industry leaders, innovators and change-makers are all gathering to explore the future of corporate travel. A huge thank you to the sponsors, speakers, and attendees who are making this event a success. Here’s to an unforgettable first ACTS summit!  🥂 #ACTS #CorporateTravel #Networking

Global business travel spend to reach record levels! Catherine Logan will break down the latest GBTA Business Travel Intelligence, and the numbers are huge: Global business travel spending is set to hit a record $1.48 trillion in 2024, and by 2028, we’re looking at a $2 trillion industry. What’s driving this growth? Inflation is part of the story but also economic stability, pent-up demand, and businesses embracing a new era of purposeful travel. CEO confidence is back, and so is the global demand for face-to-face meetings. But with growth comes complexity. Economic conditions, sustainability, and tech innovation will all shape the future of corporate travel. The road ahead is promising, but we must stay agile. Don't miss Catherine Logan's GBTA | Global Business Travel Association update at the Australia Corporate Travel Summit | ACTS next week! #ACTS #CorporateTravel #BusinessTravel #GBTA #TravelTrends #TravelRecovery #PurposefulTravel