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Latest CWT Research Shows Mobile Booking Set to Represent 25 Percent of all Online Corporate Bookings by 2017

July 10, 2014 Statistics & Trends No Comments Email Email

Carlson Wagonlit Travel (CWT) today released Tap into mobile: managed travel in the digital economy, an investigation into the impact of mobile in the managed travel space.

The free-to-download study suggests that mobile bookings are set to climb steeply over the next decade and will influence not only the entire traveler experience but will shift how travel managers control their travel programs, using the latest mobile technology to help support and connect to their travelers. Both travelers and travel managers expect mobile booking to increase significantly, reaching 25 percent of online transactions by 2017.

In addition, CWT’s research predicts that mobile bookings will more than double in the next two years.

CWT research also shows that it took up to eight years for online booking tools to reach the same level of activity that mobile is expected to achieve in the next three years. The study highlights the high expectations that both travelers and travel managers have for mobile travel services and their awareness of the advantages and benefits it will bring.

Supporting the idea that traveler experience is key, the study highlights that neither travelers nor travel managers expect mobile to significantly drive down travel costs; instead ease of doing business, productivity and traveler wellbeing all rank higher as key benefits of mobile. As a result, managed travel apps are becoming more sophisticated, and companies who act now will reap the most benefit, as they steer travelers towards the apps that support the travel program.

The study also highlighted that an estimated average of 62 percent of travelers already carry company smartphones and 56 percent of companies surveyed already, or plan to, have a ‘Bring your own device’ policy. Globally, travel managers also consider the potential impact of mobile on the travel program to be high, rating it 6.8 overall on a scale of 1 to 10.

David Moran, CWT executive vice president, Global Marketing & Enterprise Strategy, said, “We have been planning for this shift for some time and are getting ready to launch new mobile services, such as mobile booking through CWT To Go later this year. While 80 percent of travelers and travel managers told us they want a one-stop-shop app so they don’t have to juggle between best-of-breed consumer apps, there isn’t an app on the market today that answers all their needs, and that’s what we’re excited about – building onCWT To Go to create the corporate travel app that appeals to both travel managers and travelers.”

Looking to the Asia Pacific region, CWT’s research shows:

  • Travel alerts are very important to travelers, who rank them the third most important mobile service feature after flight status updates and itinerary information.
  • Travelers in Asia Pacific, along with those in Latin America, place more importance on mobile booking on-the-go (62 percent consider it important or critical), compared with North America (55 percent) and EMEA (45 percent).

CWT To Go, CWT’s award-winning app, currently counts itinerary management, flight status updates and mobile check-in among its features, with hotel booking through mobile to be added this year.

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