According to research, the recession isn’t going to restrict UK businesses from their business travel plans, it’s merely causing them to downgrade their travel plans to cheaper alternatives. Furthermore, the cuts made by flying economy instead of business class have proven so encouraging for businesses, that many UK businesses say they’ll stick to cheap flights even when the recession has ended and the economy has recovered.

The Association of Corporate Travel Executives conducted research of different travel buyers and found that many intending to stick to economy travel even after the recession ends, with Paul Robin, the founder of Business Travel Market, adding:

It would appear that some of the travel restrictions that were forced on many business travellers have proved workable and will be here to stay.

The recession hit us fast and travel buyers responded quickly to fine tune their travel management policies and budgets. The survey that we conducted in conjunction with ACTE implies that the changes have worked to reduce costs, business has continued and when we return to financial stability those changes that have worked well will remain in place.

According to the figures, over 50% of businesses have reduced their travel budgets by downgrading the flights they book.

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