1HOTEL & HOSPITALITY MANAGEMENT Introduction Corporate travelers can be defined as individuals who need to travel overseas for business or job purposes. In this era of globalization, the number of corporate travelers has increased to a great extent. Thus, it can be clearly understood that the hospitality industry of Australia has the opportunity to enhance their revenue by targeting the corporate travelers who visit Australia for job purpose. The objective of this research paper is to find out characteristics, requirements and buying behavior of the corporate travelers in Australia. Discussion: Primary Research 1.Aim of the research The chief aim of the research is to find out the specific facilities that corporate travelers as well as organizations that sponsor corporate travelling look for. The objectives of the research is as follows 1.Finding out the current facilities provided by the Australian Industry to the corporate travelers as well as to the organization 2.Finding out the specific requirements of the corporate travels and the organizations they work for. 3.Creation of strategies to enhance the number of consumer travelers and hence the total revenue of the Australian Hospitality industry. 2.Methodology
2HOTEL & HOSPITALITY MANAGEMENT In order to conduct the primary research a mixed data collection method will be used. For conducting quantitative data collection, a questioner containing 10 close-ended questions will be developed.These questions will be asked to the corporate travelers in order to understand their desired facilities and what they think about the current facilities provided to them by the Australian Hospitality industries.For assessing the view point of the Australian Hospitality industry, 5 open-ended questionnaires will be developed. These questions will be asked to the managersof the mentionedorganization in order to understand their point of viewand difficulties while providing hospitality to the corporate travelers. 2.1.Sampling For this research, the managers of two of the mostly booked hotels for corporate traveling purpose will be interviewed. Moreover, 5 tourists who often travel from their country of origin to Australia will be interviewed. Secondary Research In order to conduct secondary research, a literature review has been performed. 1.Impact of consumer requirements on the hospitality industry According toFastuca, (2017), due to rapid evolution of the corporate travel industry, the travelling policies of Australia are undergoing several changes. This change, in turn is imposing profound impact on the Australian hospitality and traveling industry. Considering the fact that international travel comes with a certain level of risk, it fall within the responsibility of the organization to ensure the safety of their employees. In recent years, several organizations like Apple and Microsoft has implemented the strategy of tracing their employees through various
3HOTEL & HOSPITALITY MANAGEMENT tracing and communicational tools in order to eradicate the risk. Hence travelling agencies of Australia must incorporate policies that will allow usage of tracking and communication tools throughout the tour (Atherton, 2016). 2.Changing trends in Corporate travelling In today’s era, leisure traveling that is, traveling that involves both business and leisure, is gaining popularity. In earlier days, corporate travelers were keen to return to their home country as soon as their business is over. However, now-a-days, travelers are found to be taking interest in exploring the local area and experience the culture. According to a survey, while more than 83 percent of the corporate travelers are able to find out leisure time, 78 percent of the organizations are found to add personal days on the end in order to ensure employee satisfaction by reducing the stress of the employees (Rose, 2010). Swift, (2017) stated that organizations while conducting corporate travelling, tends to search for ways to reduce their corporate travelling costs. Some of the cost cutting measures opted by the organizations includes 1.Usage of budget airlines or moving to economy class from business class. 2.Opting for cheaper and lower star hotels when it comes to accommodation of the corporate travelling industry. 3.Usage of online booking tools to enhance transparency as well as time efficiency on expense claim. Findings:
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4HOTEL & HOSPITALITY MANAGEMENT From the literature review it has been found that Organizations are implementing tracking and communication tools to ensure the safety of their employees. It has also been found that organizations always searches for cheaper ways to reduce the cost of travelling Conclusion From the above discussion it can be concluded that the external environment of Australia is highly favorable for the tourism industry. However, due to high competition in the global hospitality industry, the Australian hospitality industry should incorporate strategies so that high quality facilities can be provided to the travelers within a cheaper price range. Estimated Time 3-4 weeks4-5 weeks4-5 weeks5-6 weeks Data Collection PrimaryData Analysis Secondarydata analysis Data Evolution Strategy development
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