1、Travel buyer insights:SOURCING AND SUPPLIER STRATEGIESBY BCD TRAVEL RESEARCH&INTELLIGENCEAbout the surveyIn this survey,we look at how organizations source and manage their travel suppliers.We focus on procurement strategies,priorities,key challenges and supplier management trends that influence tra
2、vel program performance.The findings are based on an online survey of 132 travel buyers worldwide,conducted in August 2025.33%43%18%6%EuropeLatinAmericaAsiaPacific19%Manufacturing17%Life Sciences14%Finance50%OtherTop-three industries40%Procurement15%Human Resources27%FinanceReporting lineNorthAmeric
3、a18%OtherWhere theyre basedWho we surveyedCompany sizeTravel spendTravel program scopeWho we surveyed6%14%14%63%3%10,000N/A13%22%18%22%13%15%$100MN/A79%4%17%LocalRegionalGlobal7%9%11%16%33%36%64%OtherLimited availability of preferred ratesTravel policy changes,e.g.,relaxation of restrictionsShift fr
4、om virtual to face-to-face meetingsSupplier rate increasesOrganizational changes,e.g.,acquisitionsBusiness expansion due to new projects5%5%8%11%16%21%29%42%58%Sustainability targets limiting travelSupplier rate increases negatively influencing travel volumeSafety concernsOtherTraveler behavior chan
5、ge,e.g.,combining several trips in oneTravel policy restrictionsShift to virtual meetingsDecrease in business operationsCost containment due to economic uncertaintyTravel spend 2025Over 40%of travel buyers report increased travel spend in 2025,driven primarily by business growth.Around 30%note a dec
6、rease in spend,mostly due to cost cutting.Q:How has your companys travel spend changed in 2025 compared to the previous year?Q:What are the reasons your companys travel spend has increased/decreased in 2025?Select all that apply.29%29%42%DecreasedStayed thesameIncreasedReasons for increaseReasons fo