Women taking over business travel

I am not a techie, but over the years I have learned how to incorporate basic technology into my day-to-day activities because it is imperative for communication and the work that I do.

 Statistics indicate that business travel and face-to-face meetings are still the preferred choice for many companies despite the technologies that exist to cut down on the travel.  Statistics from reports indicate that there were 514 million business trips taken last year by Americans alone which infused $424 billion into the US economy.

As the tide changes and women are taking on more prominent roles in various male-dominated businesses it’s easy to understand why many who prefer face-to-face meetings are women. Women are more focused on building strong bonds with business partners and bringing personable aspects to networking. Women thrive on connections. Men are typically more focused on getting the job done and keeping business, business.

Women and millennials now dominate business travel. Research conducted by the Upside Business Travel, in Washington, has determined that half of all North American business travelers are women and are much younger than men doing the same-  half of business travelers are less than 45.

Additionally, young millennials and women are learning to find more enjoyment while on their travels and are far more likely to mix business and pleasure by combining a work trip with leisure activities. They are taking more control regarding the business agenda and budget during their travels. Mixing business with leisure results in better productivity.

Jay Walker, CEO of Upside Business Travel, explains the growing trend in business travel:

“In the past, companies had very rigid guidelines for employee travel, but now we can see employees pushing back and asking for a budget, they’re saying ‘maybe I’ll book an Airbnb instead of a hotel, they’re saying ‘just tell me how much I need to spend, and I’ll decide how to spend it.’”

As the older male CEO’s and executives move towards retirement, it’s fantastic to see women stepping into those vacant roles and inspiring new, more balanced, methods for getting the job done.