June 14, 2024

Remote/hybrid working prompts changes to travel policies

Just under half of buyers have revised or plan to revise their company’s business travel policy or programme because of the move to remote or hybrid working. 

According to the GBTA’s latest Business Travel Outlook Poll, 48% of respondents said new ways of working had impacted their travel programmes.

When it comes to economic impact, 27% say their company’s travel programme costs are significantly or somewhat higher to accommodate hybrid and remote employees.

But over one-third (37%) of buyers report no notable change in costs.

Most industry respondents (62%) say their company has adopted a hybrid model, allowing both work from the office and home in some form. 

Among those, 27% have already revised their corporate travel policy or programme, while 21% say they are working on it.

Areas they are addressing include types of meetings allowed for travel (40%) and frequency of travel to an office (32%), as well as types of transportation (26%), per diems (22%) and accommodations (20%) that are permissible and can be reimbursed.

However, 40% of respondents say they do not currently plan to alter their travel programmes related to remote or hybrid employees.