APEC Publications | Reducing Business Travel Costs: The Success of APEC’s Business Mobility Initiatives

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Reducing Business Travel Costs: The Success of APEC’s Business Mobility Initiatives

Reducing Business Travel Costs: The Success of APECâs Business Mobility Initiatives

PUBLICATION NUMBER
APEC#211-SE-01.12
YEAR
2011
PUBLISHED DATE
November 2011
TYPE OF PUBLICATION
Reports
PUBLICATIONS UNDER
PAGES
75
ACCESSED
24791

 

Individual Files

Introduction

Assessment of the BMG Actions

ABTC client satisfaction

Conclusion and recommendations



Description

The study, conducted for the Business Mobility Group (BMG), found that business travel costs for APEC Business Travel Card (ABTC) holders were reduced by 38% over the 12-month period between March-July 2010 and March-July 2011 for total savings of USD 3.7 million as a result of the ABTC scheme. Specifically, application time costs were reduced by 43.3%, immigration processing time costs were reduced by 52.4%, and application fees were reduced by 27.8% for ABTC holders engaged in cross-border business travel in the APEC region. It was also found that 91% of ABTC holders were satisfied overall with the ABTC scheme.




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File size: 1728.06KB



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APEC Policy Support Unit

INDIVIDUAL FILES

Individual Files

Introduction

Assessment of the BMG Actions

ABTC client satisfaction

Conclusion and recommendations


DESCRIPTIONS

Description

The study, conducted for the Business Mobility Group (BMG), found that business travel costs for APEC Business Travel Card (ABTC) holders were reduced by 38% over the 12-month period between March-July 2010 and March-July 2011 for total savings of USD 3.7 million as a result of the ABTC scheme. Specifically, application time costs were reduced by 43.3%, immigration processing time costs were reduced by 52.4%, and application fees were reduced by 27.8% for ABTC holders engaged in cross-border business travel in the APEC region. It was also found that 91% of ABTC holders were satisfied overall with the ABTC scheme.

DOWNLOAD

Download

File size: 1728.06KB


FIND OUT MORE

Find out more

APEC Policy Support Unit