Business Travel Super Simplified
Designed for businesses seeking flexibility and a wide range of choices
MakeMyTrip For Business
Business Tourism: Your Expert Handbook for Success in Corporates
This ultimate guide has everything you need to know to ace your corporate tours and travels. Whether you're looking for tips to plan the perfect business tour or maximise networking opportunities, this guide will ensure you navigate the world of business tourism like an expert. So, read on to elevate your business travel game and make every trip a success!
Business tourism has always played a crucial role for most companies, but lately its importance has skyrocketed. Can you believe that experts predict the market value of corporate travel will reach an astounding $2 trillion by 2028? This is almost three times higher than its value in 2020, highlighting the vital role that business tourism plays in today's interconnected world. The reason behind the rise can be attributed to the high return on investment that it brings. For every $1 a company spends on a business tour, it earns a fantastic $12.5 in revenue.
So, join us as we explore the nitty-gritty of business tourism in India and its types, and learn some effective tips to make the most of your corporate tours.
| Unlock efficiency and savings for your business travel today! |
What Is Business Tourism in India?
Business tourism in India refers to professionals and entrepreneurs travelling for work-related reasons. It includes attending meetings, conferences, trade shows and other industry events aimed at:
- Networking
- Learning
- Expanding business opportunities.
The goal of business tours is, therefore, to connect with others in the field, enhance business prospects and contribute to economic growth through collaboration and engagement.
What Does Business Tourism Include?
Here are the specific goals and objectives that corporate tours aim to achieve:
- Attending Industry Events: Heading to conferences and seminars to dive deep into your field, exchange ideas and keep up with fresh trends and tech advances.
- Showcasing at Trade Shows: Travelling for work to display products or services at trade shows and exhibitions. It opens doors to meeting future clients and partners and discovering new opportunities.
- Client Meetings: Corporate tours often involve in-person meetings with clients, stakeholders and partners to foster solid relationships, negotiate deals, and collaborate on projects.
- Sealing the Deal: Employees also go on business tours to secure crucial agreements like contracts and project confirmations.
- Leisure Time: Unlike the common belief, business tourism isn’t all about attending meetings and working. A business tour also includes several fun activities like team bonding, exploring new locales and immersing oneself in diverse cultures.
| Add savings & convenience to your corporate travel! |
Types of Corporate Tours and Travels
Let's explore different types of corporate tours and travels that professionals commonly engage in:
- Traditional Corporate Tours: They are your typical business trips where professionals travel for meetings, client visits, or project-related activities within their own country or region.
- Conference Trips: Going to conferences and seminars related to one's industry is a common type of corporate travel. It offers a chance to learn new things, meet people and hear from experts.
- Team-building Retreats: These trips are all about team-building. They might include activities like retreats, workshops, or events outside the office. These activities help teams work better together and improve teamwork.
- International Assignments: In large companies that operate globally, employees might travel overseas for work. This could be for training, starting new projects, exploring new markets, or helping the company grow internationally.
Tips to Improve Business Tourism in Your Company
-
Make Travel Planning a Breeze
Take a structured approach to travel planning by centralising bookings and itineraries. You can simplify things by using online travel platforms or dedicated travel management solutions.
-
Make the Most of Technology
Using technology can make a business tour experience several times smoother. For example, you can ask your employees to use mobile apps to manage their itineraries, track expenses and get dedicated support 24*7.
-
Invest in a Tailored Tourism Management System
Consider getting a tourism management system, also known as a business travel management tool, that suits your company's specific needs. This system can automate travel processes, track expenses and provide valuable analytics to optimise your business tourism operations.
So, there you have it! Mastering business tourism is all about smart planning and being proactive. Make sure to use the tips we've shared to get the most out of your business trips.
Remember to approach each business tour with enthusiasm and purpose, aiming to make meaningful connections and achieve your business goals. With these strategies, you'll navigate business tourism confidently. Here's to successful travels and seizing every opportunity that comes your way!
| Follow us on LinkedIn for business travel insights! |
Frequently Asked Questions
Q1. What is business travel called?
Ans. Business travel is often referred to as corporate travel or business tourism. It involves individuals travelling for work-related purposes such as meetings, conferences, client visits and other business activities.
Q2. What is the importance of business tourism?
Ans. Business tourism offers several advantages, such as the chance to network, share knowledge, forge new business connections, discover untapped markets and boost professional growth.
Q3. What kind of travel is business tourism?
Ans. Business tourism refers to a form of travel that revolves around accomplishing work-related goals and tasks. This could involve participating in meetings, conferences, trade shows, or engaging in business transactions at various destinations.
Q4. What is business tourism and leisure tourism?
Ans. The business traveler has a specific purpose, like sales and networking, customer service, project training, inspection, or conference participation. The purpose of leisure travel on the contrary is to visit tourist destinations for a vacation or recreation.
Related Blogs:
- • Corporate Travel Management - An Ultimate Guide for Business Travel
- • What is the Corporate Travel Policy? A complete Guide!
- • 10 Trip Management Tips for Successful Business Travel
- • 5 Effective Business Travel Management Tools
- • Business Travel: Its Significance & Impact on Your Bottom Line
- • 9 Key Features of Top-Notch Travel Management Systems
| myBiz - winning customer appreciation every time! |  |  |  |
Designed for Everyone in the Organisation
Our features and benefits are curated to suit the needs of every employee using myBiz.
Travel Managers
Who manages company's travel expense
Simplified Admin Panel to manage all employees and their expenses
Detailed reports on regular basis to keep a track on your spends
Dedicated Support Manager from myBiz to take care of your queries
Central Bookers
Who books for employees
Book using the traveller's Policy to ensure the right options are booked
Shortlist & share travel options to employees directly from myBiz
Track your requests & get the job done from one single place
Employees
Who travel for business
Special Corporate Fares in flights to ensure you get more benefits at reduced price
myBiz Assured Hotels for top-rated stay options
Sanitized Cabs to safely pick & drop you to your destinations
Grab all the corporate benefits by creating your account now
Don't Wait Anymore.
Get Started in Just 3 Steps
Create Your Account Now
Get started by providing minimal details like employee size, organisation name, etc.
Set Up Employee-friendly Policy Guidelines
Gain most of the benefits by setting up employee-friendly policies (only Admin users).
Invite Your Employees & Start Booking
Invite your employees to myBiz so that they could enjoy all the corporate benefits.
Seamless Access from Everywhere
With our super intuitive and connected web application & mobile app, myBiz is always available to address all your business travel needs.
Scan QR code to download myBiz app
Business Travellers Love Us
Case Studies
myBiz powers many of the small, medium & large size organisations to help them save on their travel budget and achieve more from their business travels. Read interesting stories from these organisations.
Sattva Consulting, Delhi
Bajaj Finserv, Bangalore