Brexit: What It Means for Business Travelers | handmail.ga

Security for our clientele is my top priority, hence my close watch of trends and news of the past several weeks leading up to this event. Many have speculated on what this result would bring about for clients in the corporate travel world.

The biggest result will most likely be a financial one which can go either way. If the right policies are put in effect which results in Britain prospering, the pound will strengthen. On the opposite spectrum, if the economy will weaken, taxes will be hiked and jobs will hold less stability. If the pound declines, then there will surely be a hike in fares for overseas travel.

However, I’d like to stress that Britain will most likely remain a member of the EU for approximately 2 years, so the changes will be gradual. Additional key effects in the EU include less compensation for delayed flights and cancellations, higher roaming charges for mobile phones, and uncertainty in the future of mutual health benefits between Union countries. New agreements will need to be put in place of the EU No-Frills airlines which was a great success in creating new routes and reducing fares between Union countries.

If you’re flying British Airways or a European carrier, call the airline to confirm your reservation prior to departure. Now that the referendum t has passed, it’s not certain how United Kingdom carriers like will adjust to the change. Fares are likely to increase, routings may be cancelled, changed, or moved, and travel can be delayed.

Budget carrier easyJet has reported that they are working with the European Union to ensure that the Brexit vote doesn’t result in much damage to travelers.

One of the most direct and immediate effects for American travelers flying to the United Kingdom, is that the United States dollars are worth a lot more in the immediate aftermath of the Brexit vote. The higher the value of the U.S. dollar is in comparison to the pound, the more your money is worth in the United Kingdom.

Contact your corporate travel consultant to discuss company travel policies and how to course correct as necessary. A good policy will decrease any major impacts to your company and minimize any financial increases that may occur in the upcoming months. There are several methods an experienced travel consultant can put in place to monitor and alert increased spending patterns within your company.

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China Business Travel | handmail.ga

The Chinese dragon has not only woken up but is also moving aggressively to dominate the world business economy. With its annual GDP growth exceeding 9%, China has suddenly become the business destination of the mighty and rich multinational business corporations. China offers great business opportunities to a large variety of businessmen and therefore business travel to China is a must for every business executive.

Although China offers great business promise, there are certain factors you need to keep in mind before planning a business trip to China. While traveling through China, you may have to face the language barrier in communicating with the Chinese – starting with the cab driver to the hotel manager and ending up with your counterparts in your business. English, though the lingua franca of the world, is usually neither spoken nor understood in China.

Beijing, Xi’an, Shanghai and Guangzhou are the main business destinations – besides numberless other smaller places. It is therefore advisable to contact a travel agency that specializes in China tours in these cities, and book a suitable hotel for you as per your budget.

The first important item to deal with is the language problems. For that you need an English-speaking guide as soon as you land in China. You should make sure that your travel agency provides you an English speaking cab driver who will be the first man to meet you as you step out of the airport. A non-speaker of Chinese cannot move about China without a guide. Therefore you need a guide who has thorough knowledge of the topography of the area you are visiting and can fluently communicate with you in English. You must ensure that the guide you get is professionally trained and certified by the China Travel Administration.

Two more pointers: first, protect your credit card from fraudulent activity, which is widely prevalent in China. Second, you must be aware that you cannot drive a car in China even if you are a licensed driver in your country. So you have to rent a car along with a driver for travel around the city.