From Crisis to Recovery – Are the Worst Times the Best Times?

Post on 12-Jan-2015

973 views 0 download

Tags:

description

Mr Brett Henry, VP, Marketing, Abacus International shares on how business travel and events industry playing a vital role in the recovery process at IT&CM China 2010. at IT&CM China 2010.

Transcript of From Crisis to Recovery – Are the Worst Times the Best Times?

1

From Crisis to Recovery – Are the Worst Times the Best Times?

Brett Henry

Vice-President Marketing, Abacus International

2

Hi , I am Brett Henry

@ Brett Henry

3

Quick introduction

4

China growth continues…

5

2009 – Global TMCs in China

• Investing in T&E in China slowed but not stopped.

• 29% of the companies surveyed increased spending versus 43% in 2008.

• 55 % indicated that their T&E spending remained flat and 16 % reduced spending.

FAPL
I am looking for something that talks about what happened to corproate agencies in China last year...

6

2009 – Trends In Corporate Travel In China

• Increase in number of companies having formal policies in place

• Increase in policy compliance among corporate travelers

• Control of T&E expenditure

• Interest from finance / purchasing departments

• Working with the right suppliers is important

• Switch to economy fares and lower class of accommodation

7

Growth in Corporate Segment

8

Investment in Selling Non-Air Products, Partnerships, Technology & Online

9

What Is Most Important in the Next 24 Months

10

1. Mobile

11

It’s About the Post Booking Experience First!...

12

….and also about location!

13

14

2. Online Becomes Even More Important

15

Ctrip Performance In 2009...

15

RevenueNet Income

+34% +48%

16For internal use only

…Comparison Of Ctrip And Expedia Market Cap

16

+$7.3B +$5.5BMarket Cap

Revenues (2009) +$2.95B +$291M

17

Online Booking Contributing More to Agency’s Revenue

18

Over 70% Intends to Develop An Agency Website

19

Getting Online for the Price of Lunch

105 customers and growing www.riyuehangfu.com

20

Corporate Online - Abacus GetThere

21

3. MetaSearch Matters

• MetaSearch is working – managing the marketing and acquisition without the operational complexities

22

• Something here about size of metasearch market

23

24

• Something here about size of metasearch market

25

26

4. UGC Alters Travel Purchase Decision Influencers

27

Ctrip

28

Buy or Build?

29

5. Next Generation Profile Systems

30

6. Integrated FMBO

31

7. Data Matters

32

8. Shopping emerges and dominant paradigm

33

About Abacus

34

About Abacus

Asia’s leading provider of travel solutions and services with more than 20,000 agency locations in 24 markets.

35

Follow us:

Facebook.com/AbacusIntl

twitter.com/AbacusMarketing

36

Brett_Henry@abacus.com.sg

Facebook.com/brettehenry

Twitter.com/BrettHenry

37

Thank You