Business travel can be defined as traveling to an entirely different business institution, industry or country for the purpose of conducting business. Business travel can also be referred to as executive business travel. Business travel, like other forms of tourism can have both positive and negative effects on companies conducting business during that trip. Most importantly, conducting business while traveling exposes companies to new cultures, experiences and helps to develop existing business ties that may not otherwise be possible. In addition, the increased opportunity for exposure can provide a significant boost to company sales and earnings.
Business tourism or business travel can be a much more restricted and targeted subset of regular vacationing tourism. During business tourism, people are working and still being compensated, but they’re doing so away from home and their usual workplace. For example, during a three-day vacation in Dubai, a business traveler can attend two business conferences and one leisure session. The costs of all this would be the responsibility of the business traveler alone, unless specified in the employment contract.
When compared to other types of business tourism activities, business travellers tend to be far more selective about where they choose to travel. For example, business travellers to China will very likely only be able to visit cities like Beijing and Shanghai. Conversely, business travellers to the Middle East, Africa or Latin America will be well catered for and will be able to visit any number of high-profile locations in those regions. Because of the more targeted itineraries, business travellers tend to spend substantially less time in the cities that they initially select. This is because they have planned ahead, have researched the culture and landscape, and know what to expect.
For this reason, business tourism has been characterised by relatively static tourism rates. Unlike leisure activities, business travel does not fluctuate with the economy or fluctuate based on political events, natural events or environmental factors. Because of the stability of business tourism, it has been able to successfully tap into the global travelling public.
Business travel has been successful because it eliminates the need for travelling to face-to-face with your customers. With business travel, you can go where your clients are and still get things done. You can use the same resources (such as the internet) that you use when you are making your other business trips. When you travel to face-to-face with customers, you may find that you have to decline or eliminate projects that are specific to that client. In business travel, your clients will already be aware of what you are going to do and why.
One other advantage of business tourism is that it avoids the need for putting out fires when travellers get back to their home towns. Many business travellers experience language barriers when returning from a business trip. Sometimes, a translator is needed to help the business travellers get over their difficulties. This translator can help in the creation of projects that can bridge the gap and keep communication lines open.
Tourism is projected to have a ten consecutive year of growth. This gives a lot of hope to the business travel and leisure industry. The tourism industry employs a large number of people in Canada. Many of these people work in hotels and tourist attractions across the country. The tourism industry also contributes a significant amount to Canada’s economy. In fact, in recent years, business trips have been used as an opportunity to invest in Canada’s economy.
There are a variety of things to do in Canada if a traveller wants to blend business with leisure. These trips allow business travellers and leisure travellers to get the most out of their travel dollars. A list of things to do are available through the travel guide that is needed for planning a business trip in Canada.