Journey administration firms have lots to consider because the enterprise journey business eases into a brand new period. As in earlier editions of this annual report, we surveyed the TMCs included inside it for his or her views on restoration, progress, issues and their present priorities.

Whereas the continued coronavirus state of affairs is clearly a priority amongst those who responded, the issue in recruiting expert workers is sort of as a lot of a problem. UK TMCs had been additionally frightened about broad geopolitical points, such because the warfare in Ukraine.

As in earlier years, we additionally requested TMCs how they’re remunerated. There was a lot deal with this through the pandemic, as many had been required to hold on working whereas ranges of enterprise journey had been depressed.

The survey confirmed that transaction charges stay the predominant methodology of remuneration, utilized in 87 per cent of instances. Different types of remuneration are beginning to emerge with some TMCs saying {that a} small proportion of their enterprise is dealt with by subscription charges or a hybrid mannequin involving some component of administration payment and a few transaction payment.

Responses to all our different questions will be discovered under.


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