Newsletter 1 – August / September 2014

Emerald Corporate Connecting you to the world of business travel

August/September 2014 – Issue 1

 

Emerald Corporate newsletter aims to give you an occasional snap shot of what is happening in the world of travel. It is brought to you by Emerald Corporate, part of the Emerald Global Group which has been arranging business and leisure travel for over 35 years’.With summer now ending attention is being drawn to the autumn and winter. If you are planning a visit abroad whether it be for business or leisure, our team of account managers are ready to help source the most competitive and convenient flights/hotel accommodation for you.
Economy is growing
Headlines such as the economy is recovering and consumer confidence has returned are eye-catching and welcoming but should businesses feel the worst is over?According to BDO firms are often more at risk of failure at the beginning of a recovery, struggling to cope with demand for their services and products when demand increases. So how can companies respond, what should they be doing to help overcome this potential risk?A good cash flow is imperative. When economic recovery is under-way there is a risk of taking on more work than can be fulfilled with early warning signs being cash-shortage and having to look to extend overdraft facilities as companies pay out more to suppliers than receiving from customers. Companies should therefore be looking to invest in their business, ensuring they know their break-even point and profit margin on all sales generated.Be aware of late payments with companies factoring this into their plans and according to a Small Business Survey carried out by the Department for Business, Innovation & Skills 55% of medium sized businesses encounter this issue. To avoid late payments invoice earlier and chase more rigorously.Communication is key both internally and with trading partners. Management information is important and helps to be an indicator of the health of the business. Ensuring good forward planning is in place is crucial because when businesses are taking off during recovery this planning can be lost; companies should always have a plan B, being proactive rather than retroactive is central and will help create a buffer when unexpected events occur.

 

Most popular countries in 2013 France leads the pack when it comes to the most popular country visited during 2013 with over 80 million tourists according to UN World Tourism Organisation. USA is second with just under 70 million with Spain back up at number three. The UK saw an increase of 6.4% to 31 million visitors. When looking at regions the Asia Pacific showed the biggest increase followed by Europe and Africa.• France 84.7m• USA 69.8m• Spain 60.7m• China 55.7m• Italy 47.7m

• Turkey 35.7m

• Germany 31.5m

• UK 31.2m

• Russian Federation 28.4m

• Thailand 26m


top-destinations
Air & Hotel prices to rise in 2015 Air fares are predicted to rise next year by 1% whilst hotel prices are set to increase by as much as 3.5%. Demand for emerging markets in Latin America and Asia means it is outstripping supply. However ground transportation costs are set to remain static owing to strong competition and consolidation. hotel-news[1]
Airline news The Queen’s Terminal, Terminal 2 at London Heathrow opened on 04 June 2014 replacing the airports oldest and original terminal and is now the new home of Star Alliance member airlines who are moving in and will all be housed there by the end of October. This will result in quicker check-in, security checks and faster transfers.
Singapore Airlines is moving to T2 on 17 September 2014. SQ still fly one of the youngest and most modern fleet of aircraft and operates four daily flights from Heathrow and a daily flight from Manchester to Singapore and beyond. If you are an SME company then Emerald Corporate is ideally placed with a range of competitive SQ SME fares. Ask our Corporate team for more details on 020 7312 1717.Finnair’s Airbus A350 aircraft will have a new layout and design. The 297 seat aircraft has 46 fully flat business class seats in a 1-2-1 configuration each with a 16 inch touch-screen TV. Economy Class has 43 Comfort seats with a 35 inch pitch with the remainder having a 31 inch pitch and the introduction of LED lights helps create a calmer atmosphere.British Airways A380 is to start flying to Singapore from London Heathrow from 01 November 2014 offering an enhanced onboard service. airline-news[1]
tips-news[1] In this and future issues we will be providing a few tips for business travellers to look out for when travelling. Here are the first couple to consider -If you travel overseas more than twice a year then it is easier and cheaper to buy an annual travel insurancepolicy rather than buying for each individual trip. Emerald Corporate offer a very competitive insurance via Journeys Travel Insurance.Have you ever found it difficult finding a good cup of coffee in an airport you are not familiar with? Well the answer could be to look for where airline and airport staff are queuing.

china-business-news

Are you doing business with China and looking for a convenient travel solution? Well look no further than British Airways and emeraldcorporate.TMC British Airways has China covered with its network of 25 cities including direct services to the business centres of Beijing, Shanghai, Hong Kong and Chengdu.The direct three-weekly service to Chengdu, capital of the province of Sichuan and its new A380 flight to Hong Kong from London Heathrow, means business travel got just that bit easier, convenient and more comfortable.So if your business takes you to the red dragon of Asia look no further than British Airways and emeraldcorporate, your travel management company offering you the perfect partnership.