Amadeus reveals initiatives to reduce corporate travel costs

Amadeus hosts breakfast seminar in Singapore to review corporate travel challenges in the wake of the current economic downturn

Singapore, 24 February 2009: Amadeus, a leading global technology and distribution partner for the travel and tourism industry, is hosting a breakfast seminar in Singapore next Wednesday 4^th March, to offer Corporate Travel Managers insights into managing corporate travel costs in light of the current economic climate.

This event is the first in a series of seminars to take place in Hong Kong and Singapore this year. Delegates will be able to gather suggestions on ways to increase visibility and control of travel processes, maximise efficiencies of scale, minimise paperwork, and cut costs.

According to David Brett, President of Amadeus Asia Pacific, who will visit Singapore to speak at the seminar, the event is being held in response to market demand, as corporations face increasing pressure to reduce travel spending.

“In these current challenging economic times, all corporations are facing the same tough decisions where employee travel is concerned. They are asking themselves if they are doing enough to get the best prices, and seeking ways to reduce costs. At the same time they realise that they can do more to streamline their travel processes, but may not know where to start. Corporations are looking to technology partners like Amadeus to help them implement change that will achieve their objectives of cost-cutting and streamlining, without disruption to their daily business,” said Brett.

The seminar will cover topics including cost control solutions for corporate travel, and how travel technology can enhance efficiency and help increase employee adherence to travel policies.

“Corporate travel is essential. This is especially true in Asia, where developing and maintaining relationships is vital for businesses. Companies with a regional or global footprint also require considerable executive travel. Rather than trying to eliminate travel, companies should instead have long-term plans to restructure their processes in order to cut costs and manage travel more efficiently,” said Brett.

“Travel, together with corporate entertainment, is the second largest controllable expenditure in an organisation after salaries. The thousands of MNCs that have regional activities in Singapore also have high levels of international interaction, and therefore incur significant travel costs. They are very keen to identify ways to manage this expenditure more effectively and are increasingly looking to technologies such as Amadeus’ Corporate Solutions,” said Derek Seah, General Manager, Amadeus Singapore.

Part of a regional series of events, the Amadeus Power Breakfast will be held in Singapore:

Date: Wednesday, 04 March 2009

Time: 08:00 - 10:30 am

Venue: Ocean 6, Pan Pacific Hotel, 7 Raffles Boulevard

Attendance at this event is free for Corporate Travel Managers. To reserve a seat at this event, please contact Amadeus via email: rita.ganes@amadeus.com or call Rita Ganes at 6510 3890. Spaces are limited.