Flight Centre’s Corporate Traveller shows 123% spike in early business bookings to the Paris Games – expects 200% growth

Corporate travel bookings to Paris are surging throughout during the Olympic Games period, with data showing Australian businesses are capitalising on the quadrennial event despite the increasing cost of travel.

Corporate Traveller, the flagship SME division of Flight Centre Travel Group (FCTG), revealed flight bookings from Australia to Paris between Monday 22 July and Monday 12 August 2024 are 123 per cent higher than the same time last year – a spike that underscores the Games’ pulling power on the business world. With bookings to Paris still going strong, Corporate Traveller forecasts this growth to climb to 200 per cent.

While the Games will predominately be held in the French capital from Friday 26 July to Sunday 11 August, Corporate Traveller figures also show a rise in flight bookings Rome around those key dates, pointing to a trend among Australian travellers to blend business and leisure. Flights to Rome from Australia are 16 per cent higher from 22 July to 12 August 2024 year on year.

Accor, preparing for the influx, reports that 71 per cent of its hotel rooms in the Games host cities, including Paris, are already booked, with occupancy expected to reach 85 per cent during the event. Among Accor’s 650 hotels across France, a significant number are in Paris and other cities hosting the Games, ensuring a good selection of accommodations is still available for attendees.

The Games are expected to generate between Euro 6.7 and 11.1 billion (AUD $10.86 and $18 billion)[1] in net economic benefits to the Paris region[2]. An estimated 10,500 athletes are set to compete in 329 events with more than 15 million tourists expected to attend over the course of the event.[3] At the 2020 Tokyo Games, by comparison, heavy COVID-19 restrictions meant the event was virtually spectator-free.[4]

Tom Walley, Australia-based Global Managing Director for FCTG’s Corporate Traveller, said the sky-high corporate flight and hotel bookings revealed more than just a swelling appetite for bleisure travel among the nation’s business community.

Tom further attributes the surge in corporate bookings to the nation’s personal vested interest in the Games.

The Brisbane Games are forecast to drive $8.1 billion in benefits for Queensland and $17.61 billion across Australia.[5]

Despite the escalating cost of doing business, Tom says that Australians are increasingly seeing the value in ’bleisure’ travel, alongside a swelling trend of corporate hospitality around major Australian sporting events.[6]

Tom adds that Australians have an insatiable appetite for ‘bleisure’ travel, with recent Corporate Traveller flight figures revealing Aussie business travellers spend almost double the global average of nights away on work trips.

ENDS

About Corporate Traveller

Corporate Traveller is an award-winning business travel management and solutions provider for SMEs, operating in six global markets. Established in 1993 as Flight Centre Travel Group’s first corporate brand, Corporate Traveller has offered its personalised service, expert tailored advice, dedicated travel consultants, and advanced booking technology to more than 6500 Australian business customers. Offering an all-in-one innovative booking platform with the support of a personal travel consultant, Corporate Traveller makes travel simpler, faster, and easier for businesses. With a wide range of solutions available, Corporate Traveller can cater for simple requirements through to the most complex SME business travel management needs. For more information or to book a business consultation, visit corporatetraveller.com.au