This page contains a Flash digital edition of a book.
Business eye


Floods cost Thai MICE industry £60 million


THAILAND’S MEETINGS, INCENTIVES, CONFERENCES AND EXHIBITIONS (MICE) industry suffered revenue losses estimated at 3.32 billion baht (£60 million) as a result of the country’s floods at the end of 2011. There were 24 events cancelled and 250,800 fewer MICE visitors due to the


extent of the flooding. Eight international trade shows were also postponed. At the same time, several key MICE areas were unaffected, including Phuket, Chiang Mai, Hua Hin and Had Yai. “It’s important to note that many scheduled events have been completely


unaffected,” said Akapol Sorasuchart, president of the Thailand Convention and Exhibition Bureau. He said key events going ahead as planned this year include the 2012 Rotary International Convention in May, which will bring in 30,000 visitors. “Immediate short-term measures will focus on setting up a one-stop-centre to


assist MICE travellers and facilitate the provision of daily updates to the industry and all stakeholders,” said Sorasuchart. “Our MICE industry should be looking up towards the end of the first quarter of 2012.”


APD consultation was “a sham”


THE TREASURY’S CONSULTATION on air passenger duty (APD) was a “waste of taxpayers’ money”, according to the chiefs of BA, Virgin, Ryanair and Easyjet. The government’s response last month to the consultation revealed there would be no fundamental changes to APD, despite repeated calls for change from many in the industry. This prompted cries of outrage from the CEOs of four of


Britain’s airlines, who branded the consultation “a sham”. Easyjet’s Carolyn McCall, BA-parent IAG’s Willie Walsh, Ryanair’s Michael O’Leary and Virgin Atlantic’s Steve Ridgway had earlier formed an unprecedented alliance to campaign against the tax. In a joint statement, they said: “We have no doubt this would confirm that APD’s negative effect on UK GDP significantly outweighs its revenue benefit for the treasury.” The treasury’s response revealed it is going ahead with an 8 per


cent increase to APD in April – payable retrospectively on tickets already purchased, and has ignored calls to change the banding and to reclassify premium economy to a lesser rate than first and business class. Premium class APD will go up from £170 to £184 per journey of 6,000 miles or more. Mike Carrivick, CEO of airline representation board BAR UK, said his 86 member airlines were “angry” about the outcome of the consultation, adding: “Immediate reactions are that a huge amount of money, time and effort has been spent in vain." He said the chancellor’s decision to increase APD was “a


retrograde step for the UK economy and will be devastating for the travel industry”.


CARLSON WAGONLIT UK EXCHANGE: BUSINESS


News


‘GOOD BUT FRAGILE’ THE SHORT-TERM FUTURE OF BUSINESS TRAVEL has never been so difficult to predict, Carlson Wagonlit Travel (CWT) UK boss Andrew Waller told travel buyers at the company’s annual Client Exchange in London. He said the ongoing economic and political uncertainty is “strangling growth” and “eroding confidence”. “Business is good,” he surmised, “but uncertain” and “very fragile”, and the future is “incredibly difficult to predict”. Some areas of business travel show strong signs of continued


growth, he said, with CWT winning £70 million of new client business in the previous 12 months, and seeing its meetings and events business double. The impact of the Olympics was a hot topic, with Olympic 400m


silver medallist Roger Black on hand to remind delegates why London is putting itself through the logistical challenge. “At that level, talent is only a ticket to the party,” he said. “The rest is about perseverance, teamwork and attitude. You need a high sense of achievement and a low fear of failure.” Transport for London’s (TfL) Olympic programme and risk manager, Antonino Letteriello, urged buyers to discourage their travellers from attempting to travel in certain areas during peak periods. Instead, he encouraged businesses to consider asking staff to work from home, or to use a different mode of transport to travel to work, such as Barclays Cycle Hire or even walking. But Letteriello said TfL


Olympic medallist Roger Black.


would be well prepared for the games, having invested £6.5 billion in transport capacity enhancements, including extra tube capacity and 200 extra buses. n Olympics 2012 feature, p66


15


www.buyingbusinesstravel.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124
Produced with Yudu - www.yudu.com