1. Listen to the concerns of your travelers
With the actual consequences of Brexit still up in the air, it’s not surprising that the majority of business travelers are anxious to know where they stand. Issues such as passport regulations, the open skies agreement, mobile free-roaming and medical insurance are at the forefront of their minds. It’s vital that travel managers first listen to their teams and take their concerns on board when shaping their long term strategy. Host a planning session to hear out road warriors’ concerns and try to tackle them one by one. You’ll then be able to find solutions and/or implement flexibility around these raised concerns within your company travel policy.2. Plan for contingencies
Dear or no deal? Nobody seems to know and clarity seems further away than ever. While politicians are getting bogged down in maneuvering and creating technicalities, travel management strategies remain in limbo. It’s essential that travel managers understand the variables and keep their finger on the pulse. Contingency plans will be invaluable should things such as freedom of movement and flight costs be dramatically affected.Dear or no deal? Nobody seems to know and clarity seems further away than ever. While politicians are getting bogged down in maneuvering and creating technicalities, travel management strategies remain in limbo. It’s essential that travel managers understand the variables and keep their finger on the pulse. Contingency plans will be invaluable should things such as freedom of movement and flight costs be dramatically affected.This means strategies will need to be streamlined and simplified, enabling priorities to be set and focus shifted where needed. Brexit may well be a mess but your corporate travel policy doesn’t have to be.3. Give your traveling employees what they need to be worry-free
Business travelers want comfort and convenience on the road. Comfy quarters in a perfectly-placed hotel used to be the ideal. However, hotels throughout Europe have seen a dramatic price rise since the Brexit vote, with some shooting up as much as 51%. Increased demand and an unstable pound have led to soaring costs - a definite concern for travel managers and CFOs. Creative thinking is needed.This is where alternative accommodation for business travel comes in. The emerging benefits of accommodation platforms such as Airbnb are clearly evident and, in the near future, are likely to come into their own in the corporate travel industry. Up to 40% cheaper than hotels, with diversity of locations, flexible check-in times and an increasing focus on providing added value for business travelers, Airbnb and other platforms could be the perfect post-Brexit solution for business travel accommodation.4. Plan for sky-high flight prices
Aside from changes to exchange rates and market shifts, the cost of air travel hinges on whether the UK-Europe ‘open skies’ agreement remains. Since 1997, EU airlines have enjoyed the freedom to fly between any two points in Europe. This has given budget airlines the chance to offer reduced rates and more flights. If this agreement is revoked, air prices will soar.Should this happen, a stable travel management solution with a large inventory that provides access to numerous flight and train options, as well as support on the go, will be crucial. Flexibility is also key, given the unpredictable nature of Brexit and its potential impact on the financial world for the foreseeable future.