>>> >> > >>

How Millennials do Business travel

The previous wave of road warriors might have set the standard for how companies think about corporate travel, but having grown up in a different time and age, the next generation of business travelers is doing things differently.


The lives of Millennials don't look much like those of the generations that came before them. Work isn't just restricted to the office 9-5 anymore — instead, they're often found working flexible hours from home or in a public space like a coffee shop.

Some might even decide to turn their day around, instead working in the evening and spending leisure time during the day. 

At home, things are different too. There are much less responsibilities to think about — only 26% of Millennials are married, while at the same age 36% of Generation X and 48% of baby boomers had tied the knot.

Unsurprisingly, childbirth is at a record low — they're getting kids at by far the slowest pace of any generation of young women in US history

Altogether, these and other reasons make for an increased flexibility in their professional lives. This freedom is held dearly, and is reflected during their business travels. While abroad for an extended amount of time, the Millennial traveler likes to spend some extra days off-duty, enjoying their trip.

This 'bleisure' experience isn't just limited to additional days added on to a trip, either — it's about constant recreation throughout: anything from dinner and drinks to museum visits.

Spending patterns

Besides being able to take some time off on a business trip, Millennials don't mind treating themselves to some extras. According to a recent study, they're 60% more likely to splurge on flight add-ons like extra legroom or in-flight entertainment.

Bleisure, upgrades — it all sounds like the new generation of business travelers is costing companies a lot of money. But the opposite is in fact true — because of their flexibility and technological know-how, they tend to spend less money on business travel than their generational counterparts.

Millennials spending habits and behaviour are so different from their predecessors that even Air France launched an airline just for them. 

First off, they're flexible, which means they don't necessarily need to pay up for an expensive flight in a popular time slot — they might as well take one a couple of hours or days later. 

Secondly, they know price comparison websites like the back of their hand. By taking the time to check flight fares or hotel deals online, they can save a lot of money.

Also, instead of opting for a cookie-cutter four-star hotel, they are more likely to choose for the charm of a quaint AirBNB, saving them hundreds of dollars per night. 

Modern expectations

Having grown up with technology all around them, this generation has high standards for the travel and booking experience. Nobody born after the 70s wants to have to call someone to arrange a trip — if you can't manage your booking from an online environment, you're bust.

Online check-in, social media customer support and a modern user interface are just a couple of things they're looking for in a travel product. This puts increased pressure on the industry to keep innovating in their offerings by refining its website or launching a mobile app.

A great way for companies to deal with changes is to use a travel managing platform like Rydoo travel, which combines lots of desired features into one package. As the company's central travel hub, it offers easy price comparison and booking management that employees can access directly from their smartphone.

At the end of the day, if companies want to keep attracting young talent, they'll have to take a hard look at their travel policy — does it fit the demands of a new generation of business travelers? If not, it's about time to make some changes.

Start innovating. 

Just Rydoo it




Per Diems for Dummies - United States

Take it from someone who knows, “the hardest thing in the world to understand is income taxes” for not only is tax law as convoluted as a labyrinth but it may change from one year to the next. Of course, that someone was Albert Einstein. So if you find the tax rules governing business deductions and allowances difficult, don’t fret. You can be excused for the man who gave us the theories of relativity found taxes equally perplexing. Despite the byzantine nature of tax rules, there is method in the madness, which may help to preserve some sanity, as we explore the taxing world of accountable plans and per diems in the U.S.


How to take the lead in the digitalisation of your finance department

The world is moving fast — very fast. Digital technology is changing at breakneck speed, enabling us to do things we never thought possible before. Thanks to things like lightning-fast mobile internet, instant communication across borders and modern digital tools we’re able to work faster, smarter and more efficiently.


What is OCR?

OCR, or optical character recognition, refers to software that’s able to convert written text or printed letters into a digital format. It’s one of the most important technologies behind lots of products, but is never given the attention it deserves. That’s why it’s time to zoom in on this incredible feat of digital automation — what it is, how it works and why it’s used in so many products.


Per Diems for Dummies - United Kingdom

It may be that “not all those who wander are lost" according to Bilbo Baggins but with the plethora of rules and regulations currently governing per diems, reimbursements, scale rate payments, and round sum allowances in the U.K, it’s very easy to go astray when you travel on business. But have no fear. In this amuse-bouche, we’ll provide a heads-up to make sure you run into no nasty surprises that may distract or upset and interfere with your ability to focus on business.


500K+ professionals across 60 countries are using Rydoo.