The habits of Asian business travellers for 2016 | The Insight Files | Scoop.it

As the world's fastest-growing business travel market, Asian business travellers are probably bolder and more open-minded than the U.S. and European business travellers who dominated the stage for decades. Some 69% of business travellers in Asia have the freedom to choose which airline they fly and which hotel they stay in with no restrictions from their travel policies. About 41% are willing to fly low-cost carriers and about the same percentage would consider staying in a home or apartment rental during business trips. That's according to a survey of 2,500 business travellers from China, India, Japan, Indonesia and Singapore conducted by the Singapore Tourism Board last year. Business travel spending in the Asia Pacific makes up 38% of the global business travel market, and between 2016 and 2018, business travel in the region will grow four times faster than the U.S., and more than twice as fast as Europe.