SlideShare una empresa de Scribd logo
1 de 5
Descargar para leer sin conexión
The Rise
of Female
Business
Travelers
Female Business Travelers are poised to
SKIFT REPORT
WWW.SKIFT.COM
Table of contents
About Skift
Skift is a travel intel-
ligence company that
services to professionals
about travel.
Skift is the business of
travel.
About Us 3
Executive Summary 5
Introduction 7
The Female Business Traveler Product 11
Security 11
12
12
Design with the Female Business Traveler In Mind 14
Advertising to Women 16
The Critical Importance of Technology 18
Insights and Strategies 20
Notes and Resources 23
Further Reading 23
About Skift 24
The Rise of Female Business Travelers SKIFT REPORT #18 2014
10
Women mean business. They control a significant portion of the
wealth both within the U.S. and internationally, and control how
that wealth is spent.
Paula Froelich, Editor in Chief of Yahoo Travel and a travel writer on
her blog “A Broad Abroad,” explains that more women are traveling
alone and more women are traveling for business. Speaking to Skift,
she emphasized the growing influence these female business travel-
lers have in the travel spending decision, not only for themselves, but
for their employees. She also detailed a number of key requirements
women have while traveling for business ,which are shared in this
report.
Chris Nurko, Global Director of FutureBrand, explains that a grow-
ing segment of business travelers are not corporate employees, but
entrepreneurs. He predicts that these up and coming self-service
focused business travelers which he has categorized as “TREP
Travelers” will be on the rise and require different products and
services than their corporate counterparts.
And a significant portion of those rising TREPs are women. Accord-
ing to the most recent 2012 Women’s Report by the Global Entre-
preneurship Monitor (GEM):
Introduction
Women are mobile
even at rest.
Source: Flickr, Luciano
Meirelles
The Rise of Female Business Travelers SKIFT REPORT #18 2014
7
• In 2012, an estimated 126 million women were starting or running
new businesses in 67 economies around the world. In addition, an
estimated 98 million were running established businesses.
• These women are creating jobs for themselves and for others. A
projected 48 million female entrepreneurs and 64 million female
business owners employ one or more people in their businesses.
• In addition, these women plan to grow their businesses. A pre-
dicted seven million female entrepreneurs and five million female
established business owners plan to grow their businesses by at
least six employees over the next five years.
And this, despite the same report highlighting current social limita-
tions and impediments on growth for women entrepreneurs in vari-
ous regions of the world. Even when facing difficulties, women are
determined to move forward in business and make their mark.
Travel is an essential element of any business, and the travel indus-
try can benefit by encouraging these rising women entrepreneurs to
travel more often to expand their business reach.
Because, as the GEM report points out, women entrepreneurs are
starting businesses and hiring, the perception they have of particu-
lar travel brands and the comfort and loyalty they feel for a particu-
lar travel services provider will influence their decision on travel
bookings for their enterprise as a whole.
This reflects the importance Froelich placed on loyalty programs when
speaking to Skift. She indicated that women are far more likely to
participate in points-based programs, sign up for credit cards tied into
a travel brand, because they value the membership benefits.
Before the travel industry can cater to the needs of the female busi-
ness traveler, it must understand those needs in depth. To ensure
that we reflect those needs as actionable take-aways, we will avoid
the generic term “comfort.”
The Rise of Female Business Travelers SKIFT REPORT #18 2014
Though comfort is mentioned as a consideration by female business
travelers and groups representing them, it is painted with a very
broad brush and is subjective.
Instead of using this problematic term, we will look at concrete ele-
ments of the customer experience which affect how comfortable a
woman feels.
These key factors which, when combined, constitute comfort, con-
sistently came up in conversation with our experts:
• security
• reliable and empathic personnel
• privacy
• healthy options
• accurate guides
• conveniences
• cleanliness
• amenities
We should point out that generalizations of any demographic are
no means to establish a branding, product or service strategy. While
women have certain different needs from men when they travel for
business, they also have some in common.
The Rise of Female Business Travelers SKIFT REPORT #18 2014
9
superstars.

Más contenido relacionado

Más de Rafat Ali

Datalex Trend Report
Datalex Trend ReportDatalex Trend Report
Datalex Trend ReportRafat Ali
 
Criteo Report
Criteo Report Criteo Report
Criteo Report Rafat Ali
 
Free Report | Local Everywhere: Addressing the Global Translation Challenge
Free Report | Local Everywhere: Addressing the Global Translation ChallengeFree Report | Local Everywhere: Addressing the Global Translation Challenge
Free Report | Local Everywhere: Addressing the Global Translation ChallengeRafat Ali
 
The State of Travel 2016
The State of Travel 2016The State of Travel 2016
The State of Travel 2016Rafat Ali
 
The Connected: How Digital is Transforming the Traveler Experience
The Connected: How Digital is Transforming the Traveler ExperienceThe Connected: How Digital is Transforming the Traveler Experience
The Connected: How Digital is Transforming the Traveler ExperienceRafat Ali
 
Make It Personal: Engaging Travelers with Personalized Messaging
Make It Personal: Engaging Travelers with Personalized MessagingMake It Personal: Engaging Travelers with Personalized Messaging
Make It Personal: Engaging Travelers with Personalized MessagingRafat Ali
 
Boxever report sep2015-c - slideshare tease
Boxever report sep2015-c - slideshare tease Boxever report sep2015-c - slideshare tease
Boxever report sep2015-c - slideshare tease Rafat Ali
 
Lessons From A Decade In Media Entrepreneurship
Lessons From A Decade In Media EntrepreneurshipLessons From A Decade In Media Entrepreneurship
Lessons From A Decade In Media EntrepreneurshipRafat Ali
 
Skift + Amadeus: 5 Takeaways for Startups Building the Future of Travel
Skift + Amadeus: 5 Takeaways for Startups Building the Future of TravelSkift + Amadeus: 5 Takeaways for Startups Building the Future of Travel
Skift + Amadeus: 5 Takeaways for Startups Building the Future of TravelRafat Ali
 
Free Report: Airlines and Direct-Channel Booking: Cutting out the Middle Man
Free Report: Airlines and Direct-Channel Booking: Cutting out the Middle ManFree Report: Airlines and Direct-Channel Booking: Cutting out the Middle Man
Free Report: Airlines and Direct-Channel Booking: Cutting out the Middle ManRafat Ali
 
22 skift report-big-business-of-lgbt-travel
22 skift report-big-business-of-lgbt-travel22 skift report-big-business-of-lgbt-travel
22 skift report-big-business-of-lgbt-travelRafat Ali
 
SkiftReport - CendynOne - From Data to Action: The Future of Hospitality Mark...
SkiftReport - CendynOne - From Data to Action: The Future of Hospitality Mark...SkiftReport - CendynOne - From Data to Action: The Future of Hospitality Mark...
SkiftReport - CendynOne - From Data to Action: The Future of Hospitality Mark...Rafat Ali
 
Preview - Lifestyle Habits of the 24/7 Business Traveler
Preview - Lifestyle Habits of the 24/7 Business Traveler Preview - Lifestyle Habits of the 24/7 Business Traveler
Preview - Lifestyle Habits of the 24/7 Business Traveler Rafat Ali
 
Preview - Skift & Amex Hilton Trend Report
Preview - Skift & Amex Hilton Trend Report Preview - Skift & Amex Hilton Trend Report
Preview - Skift & Amex Hilton Trend Report Rafat Ali
 
Preview: Free Skift Trend Report: The Changing Nature of Hotel-Guest Relation...
Preview: Free Skift Trend Report: The Changing Nature of Hotel-Guest Relation...Preview: Free Skift Trend Report: The Changing Nature of Hotel-Guest Relation...
Preview: Free Skift Trend Report: The Changing Nature of Hotel-Guest Relation...Rafat Ali
 
The Coming Fourth Digital Revolution In The Travel Ecosystem
The Coming Fourth Digital Revolution In The Travel EcosystemThe Coming Fourth Digital Revolution In The Travel Ecosystem
The Coming Fourth Digital Revolution In The Travel EcosystemRafat Ali
 
Preview: Skift Trend Report: The Evolution of the All-Inclusive Resort
Preview: Skift Trend Report: The Evolution of the All-Inclusive ResortPreview: Skift Trend Report: The Evolution of the All-Inclusive Resort
Preview: Skift Trend Report: The Evolution of the All-Inclusive ResortRafat Ali
 
Lessons From Alternative Travel
Lessons From Alternative TravelLessons From Alternative Travel
Lessons From Alternative TravelRafat Ali
 
The End of Travel, Part 2: The Technology Innovations Enabling The Rise of Sm...
The End of Travel, Part 2: The Technology Innovations Enabling The Rise of Sm...The End of Travel, Part 2: The Technology Innovations Enabling The Rise of Sm...
The End of Travel, Part 2: The Technology Innovations Enabling The Rise of Sm...Rafat Ali
 

Más de Rafat Ali (20)

Datalex Trend Report
Datalex Trend ReportDatalex Trend Report
Datalex Trend Report
 
Criteo Report
Criteo Report Criteo Report
Criteo Report
 
Free Report | Local Everywhere: Addressing the Global Translation Challenge
Free Report | Local Everywhere: Addressing the Global Translation ChallengeFree Report | Local Everywhere: Addressing the Global Translation Challenge
Free Report | Local Everywhere: Addressing the Global Translation Challenge
 
The State of Travel 2016
The State of Travel 2016The State of Travel 2016
The State of Travel 2016
 
The Connected: How Digital is Transforming the Traveler Experience
The Connected: How Digital is Transforming the Traveler ExperienceThe Connected: How Digital is Transforming the Traveler Experience
The Connected: How Digital is Transforming the Traveler Experience
 
Make It Personal: Engaging Travelers with Personalized Messaging
Make It Personal: Engaging Travelers with Personalized MessagingMake It Personal: Engaging Travelers with Personalized Messaging
Make It Personal: Engaging Travelers with Personalized Messaging
 
Boxever report sep2015-c - slideshare tease
Boxever report sep2015-c - slideshare tease Boxever report sep2015-c - slideshare tease
Boxever report sep2015-c - slideshare tease
 
Lessons From A Decade In Media Entrepreneurship
Lessons From A Decade In Media EntrepreneurshipLessons From A Decade In Media Entrepreneurship
Lessons From A Decade In Media Entrepreneurship
 
Skift + Amadeus: 5 Takeaways for Startups Building the Future of Travel
Skift + Amadeus: 5 Takeaways for Startups Building the Future of TravelSkift + Amadeus: 5 Takeaways for Startups Building the Future of Travel
Skift + Amadeus: 5 Takeaways for Startups Building the Future of Travel
 
Free Report: Airlines and Direct-Channel Booking: Cutting out the Middle Man
Free Report: Airlines and Direct-Channel Booking: Cutting out the Middle ManFree Report: Airlines and Direct-Channel Booking: Cutting out the Middle Man
Free Report: Airlines and Direct-Channel Booking: Cutting out the Middle Man
 
22 skift report-big-business-of-lgbt-travel
22 skift report-big-business-of-lgbt-travel22 skift report-big-business-of-lgbt-travel
22 skift report-big-business-of-lgbt-travel
 
Demo
DemoDemo
Demo
 
SkiftReport - CendynOne - From Data to Action: The Future of Hospitality Mark...
SkiftReport - CendynOne - From Data to Action: The Future of Hospitality Mark...SkiftReport - CendynOne - From Data to Action: The Future of Hospitality Mark...
SkiftReport - CendynOne - From Data to Action: The Future of Hospitality Mark...
 
Preview - Lifestyle Habits of the 24/7 Business Traveler
Preview - Lifestyle Habits of the 24/7 Business Traveler Preview - Lifestyle Habits of the 24/7 Business Traveler
Preview - Lifestyle Habits of the 24/7 Business Traveler
 
Preview - Skift & Amex Hilton Trend Report
Preview - Skift & Amex Hilton Trend Report Preview - Skift & Amex Hilton Trend Report
Preview - Skift & Amex Hilton Trend Report
 
Preview: Free Skift Trend Report: The Changing Nature of Hotel-Guest Relation...
Preview: Free Skift Trend Report: The Changing Nature of Hotel-Guest Relation...Preview: Free Skift Trend Report: The Changing Nature of Hotel-Guest Relation...
Preview: Free Skift Trend Report: The Changing Nature of Hotel-Guest Relation...
 
The Coming Fourth Digital Revolution In The Travel Ecosystem
The Coming Fourth Digital Revolution In The Travel EcosystemThe Coming Fourth Digital Revolution In The Travel Ecosystem
The Coming Fourth Digital Revolution In The Travel Ecosystem
 
Preview: Skift Trend Report: The Evolution of the All-Inclusive Resort
Preview: Skift Trend Report: The Evolution of the All-Inclusive ResortPreview: Skift Trend Report: The Evolution of the All-Inclusive Resort
Preview: Skift Trend Report: The Evolution of the All-Inclusive Resort
 
Lessons From Alternative Travel
Lessons From Alternative TravelLessons From Alternative Travel
Lessons From Alternative Travel
 
The End of Travel, Part 2: The Technology Innovations Enabling The Rise of Sm...
The End of Travel, Part 2: The Technology Innovations Enabling The Rise of Sm...The End of Travel, Part 2: The Technology Innovations Enabling The Rise of Sm...
The End of Travel, Part 2: The Technology Innovations Enabling The Rise of Sm...
 

Último

08448380779 Call Girls In Chhattarpur Women Seeking Men
08448380779 Call Girls In Chhattarpur Women Seeking Men08448380779 Call Girls In Chhattarpur Women Seeking Men
08448380779 Call Girls In Chhattarpur Women Seeking MenDelhi Call girls
 
BERMUDA Triangle the mystery of life.pptx
BERMUDA Triangle the mystery of life.pptxBERMUDA Triangle the mystery of life.pptx
BERMUDA Triangle the mystery of life.pptxseribangash
 
9 Days Kenya Ultimate Safari Odyssey with Kibera Holiday Safaris
9 Days Kenya Ultimate Safari Odyssey with Kibera Holiday Safaris9 Days Kenya Ultimate Safari Odyssey with Kibera Holiday Safaris
9 Days Kenya Ultimate Safari Odyssey with Kibera Holiday SafarisKibera Holiday Safaris Safaris
 
08448380779 Call Girls In Bhikaji Cama Palace Women Seeking Men
08448380779 Call Girls In Bhikaji Cama Palace Women Seeking Men08448380779 Call Girls In Bhikaji Cama Palace Women Seeking Men
08448380779 Call Girls In Bhikaji Cama Palace Women Seeking MenDelhi Call girls
 
💕📲09602870969💓Girl Escort Services Udaipur Call Girls in Chittorgarh Haldighati
💕📲09602870969💓Girl Escort Services Udaipur Call Girls in Chittorgarh Haldighati💕📲09602870969💓Girl Escort Services Udaipur Call Girls in Chittorgarh Haldighati
💕📲09602870969💓Girl Escort Services Udaipur Call Girls in Chittorgarh HaldighatiApsara Of India
 
char Dham yatra, Uttarakhand tourism.pptx
char Dham yatra, Uttarakhand tourism.pptxchar Dham yatra, Uttarakhand tourism.pptx
char Dham yatra, Uttarakhand tourism.pptxpalakdigital7
 
Visa Consultant in Lahore || 📞03094429236
Visa Consultant in Lahore || 📞03094429236Visa Consultant in Lahore || 📞03094429236
Visa Consultant in Lahore || 📞03094429236Sherazi Tours
 
08448380779 Call Girls In Shahdara Women Seeking Men
08448380779 Call Girls In Shahdara Women Seeking Men08448380779 Call Girls In Shahdara Women Seeking Men
08448380779 Call Girls In Shahdara Women Seeking MenDelhi Call girls
 
Genesis 1:6 || Meditate the Scripture daily verse by verse
Genesis 1:6  ||  Meditate the Scripture daily verse by verseGenesis 1:6  ||  Meditate the Scripture daily verse by verse
Genesis 1:6 || Meditate the Scripture daily verse by versemaricelcanoynuay
 
DARK TRAVEL AGENCY presented by Khuda Bux
DARK TRAVEL AGENCY presented by Khuda BuxDARK TRAVEL AGENCY presented by Khuda Bux
DARK TRAVEL AGENCY presented by Khuda BuxBeEducate
 
Night 7k Call Girls Noida Sector 93 Escorts Call Me: 8448380779
Night 7k Call Girls Noida Sector 93 Escorts Call Me: 8448380779Night 7k Call Girls Noida Sector 93 Escorts Call Me: 8448380779
Night 7k Call Girls Noida Sector 93 Escorts Call Me: 8448380779Delhi Call girls
 
08448380779 Call Girls In Chirag Enclave Women Seeking Men
08448380779 Call Girls In Chirag Enclave Women Seeking Men08448380779 Call Girls In Chirag Enclave Women Seeking Men
08448380779 Call Girls In Chirag Enclave Women Seeking MenDelhi Call girls
 
Study Consultants in Lahore || 📞03094429236
Study Consultants in Lahore || 📞03094429236Study Consultants in Lahore || 📞03094429236
Study Consultants in Lahore || 📞03094429236Sherazi Tours
 
Top 10 Traditional Indian Handicrafts.pptx
Top 10 Traditional Indian Handicrafts.pptxTop 10 Traditional Indian Handicrafts.pptx
Top 10 Traditional Indian Handicrafts.pptxdishha99
 
🔥HOT🔥📲9602870969🔥Prostitute Service in Udaipur Call Girls in City Palace Lake...
🔥HOT🔥📲9602870969🔥Prostitute Service in Udaipur Call Girls in City Palace Lake...🔥HOT🔥📲9602870969🔥Prostitute Service in Udaipur Call Girls in City Palace Lake...
🔥HOT🔥📲9602870969🔥Prostitute Service in Udaipur Call Girls in City Palace Lake...Apsara Of India
 
How to Get Unpublished Flight Deals and Discounts?
How to Get Unpublished Flight Deals and Discounts?How to Get Unpublished Flight Deals and Discounts?
How to Get Unpublished Flight Deals and Discounts?FlyFairTravels
 
best weekend places near delhi where you should visit.pdf
best weekend places near delhi where you should visit.pdfbest weekend places near delhi where you should visit.pdf
best weekend places near delhi where you should visit.pdftour guide
 

Último (20)

Call Girls Service !! Indirapuram!! @9999965857 Delhi 🫦 No Advance VVVIP 🍎 S...
Call Girls Service !! Indirapuram!! @9999965857 Delhi 🫦 No Advance  VVVIP 🍎 S...Call Girls Service !! Indirapuram!! @9999965857 Delhi 🫦 No Advance  VVVIP 🍎 S...
Call Girls Service !! Indirapuram!! @9999965857 Delhi 🫦 No Advance VVVIP 🍎 S...
 
08448380779 Call Girls In Chhattarpur Women Seeking Men
08448380779 Call Girls In Chhattarpur Women Seeking Men08448380779 Call Girls In Chhattarpur Women Seeking Men
08448380779 Call Girls In Chhattarpur Women Seeking Men
 
BERMUDA Triangle the mystery of life.pptx
BERMUDA Triangle the mystery of life.pptxBERMUDA Triangle the mystery of life.pptx
BERMUDA Triangle the mystery of life.pptx
 
9 Days Kenya Ultimate Safari Odyssey with Kibera Holiday Safaris
9 Days Kenya Ultimate Safari Odyssey with Kibera Holiday Safaris9 Days Kenya Ultimate Safari Odyssey with Kibera Holiday Safaris
9 Days Kenya Ultimate Safari Odyssey with Kibera Holiday Safaris
 
Rohini Sector 18 Call Girls Delhi 9999965857 @Sabina Saikh No Advance
Rohini Sector 18 Call Girls Delhi 9999965857 @Sabina Saikh No AdvanceRohini Sector 18 Call Girls Delhi 9999965857 @Sabina Saikh No Advance
Rohini Sector 18 Call Girls Delhi 9999965857 @Sabina Saikh No Advance
 
08448380779 Call Girls In Bhikaji Cama Palace Women Seeking Men
08448380779 Call Girls In Bhikaji Cama Palace Women Seeking Men08448380779 Call Girls In Bhikaji Cama Palace Women Seeking Men
08448380779 Call Girls In Bhikaji Cama Palace Women Seeking Men
 
💕📲09602870969💓Girl Escort Services Udaipur Call Girls in Chittorgarh Haldighati
💕📲09602870969💓Girl Escort Services Udaipur Call Girls in Chittorgarh Haldighati💕📲09602870969💓Girl Escort Services Udaipur Call Girls in Chittorgarh Haldighati
💕📲09602870969💓Girl Escort Services Udaipur Call Girls in Chittorgarh Haldighati
 
char Dham yatra, Uttarakhand tourism.pptx
char Dham yatra, Uttarakhand tourism.pptxchar Dham yatra, Uttarakhand tourism.pptx
char Dham yatra, Uttarakhand tourism.pptx
 
Visa Consultant in Lahore || 📞03094429236
Visa Consultant in Lahore || 📞03094429236Visa Consultant in Lahore || 📞03094429236
Visa Consultant in Lahore || 📞03094429236
 
08448380779 Call Girls In Shahdara Women Seeking Men
08448380779 Call Girls In Shahdara Women Seeking Men08448380779 Call Girls In Shahdara Women Seeking Men
08448380779 Call Girls In Shahdara Women Seeking Men
 
Genesis 1:6 || Meditate the Scripture daily verse by verse
Genesis 1:6  ||  Meditate the Scripture daily verse by verseGenesis 1:6  ||  Meditate the Scripture daily verse by verse
Genesis 1:6 || Meditate the Scripture daily verse by verse
 
DARK TRAVEL AGENCY presented by Khuda Bux
DARK TRAVEL AGENCY presented by Khuda BuxDARK TRAVEL AGENCY presented by Khuda Bux
DARK TRAVEL AGENCY presented by Khuda Bux
 
Night 7k Call Girls Noida Sector 93 Escorts Call Me: 8448380779
Night 7k Call Girls Noida Sector 93 Escorts Call Me: 8448380779Night 7k Call Girls Noida Sector 93 Escorts Call Me: 8448380779
Night 7k Call Girls Noida Sector 93 Escorts Call Me: 8448380779
 
08448380779 Call Girls In Chirag Enclave Women Seeking Men
08448380779 Call Girls In Chirag Enclave Women Seeking Men08448380779 Call Girls In Chirag Enclave Women Seeking Men
08448380779 Call Girls In Chirag Enclave Women Seeking Men
 
Study Consultants in Lahore || 📞03094429236
Study Consultants in Lahore || 📞03094429236Study Consultants in Lahore || 📞03094429236
Study Consultants in Lahore || 📞03094429236
 
Top 10 Traditional Indian Handicrafts.pptx
Top 10 Traditional Indian Handicrafts.pptxTop 10 Traditional Indian Handicrafts.pptx
Top 10 Traditional Indian Handicrafts.pptx
 
Call Girls In Munirka 📱 9999965857 🤩 Delhi 🫦 HOT AND SEXY VVIP 🍎 SERVICE
Call Girls In Munirka 📱  9999965857  🤩 Delhi 🫦 HOT AND SEXY VVIP 🍎 SERVICECall Girls In Munirka 📱  9999965857  🤩 Delhi 🫦 HOT AND SEXY VVIP 🍎 SERVICE
Call Girls In Munirka 📱 9999965857 🤩 Delhi 🫦 HOT AND SEXY VVIP 🍎 SERVICE
 
🔥HOT🔥📲9602870969🔥Prostitute Service in Udaipur Call Girls in City Palace Lake...
🔥HOT🔥📲9602870969🔥Prostitute Service in Udaipur Call Girls in City Palace Lake...🔥HOT🔥📲9602870969🔥Prostitute Service in Udaipur Call Girls in City Palace Lake...
🔥HOT🔥📲9602870969🔥Prostitute Service in Udaipur Call Girls in City Palace Lake...
 
How to Get Unpublished Flight Deals and Discounts?
How to Get Unpublished Flight Deals and Discounts?How to Get Unpublished Flight Deals and Discounts?
How to Get Unpublished Flight Deals and Discounts?
 
best weekend places near delhi where you should visit.pdf
best weekend places near delhi where you should visit.pdfbest weekend places near delhi where you should visit.pdf
best weekend places near delhi where you should visit.pdf
 

Skift Report: The Rise of Female Business Travelers

  • 1. The Rise of Female Business Travelers Female Business Travelers are poised to SKIFT REPORT WWW.SKIFT.COM
  • 2. Table of contents About Skift Skift is a travel intel- ligence company that services to professionals about travel. Skift is the business of travel. About Us 3 Executive Summary 5 Introduction 7 The Female Business Traveler Product 11 Security 11 12 12 Design with the Female Business Traveler In Mind 14 Advertising to Women 16 The Critical Importance of Technology 18 Insights and Strategies 20 Notes and Resources 23 Further Reading 23 About Skift 24 The Rise of Female Business Travelers SKIFT REPORT #18 2014 10
  • 3. Women mean business. They control a significant portion of the wealth both within the U.S. and internationally, and control how that wealth is spent. Paula Froelich, Editor in Chief of Yahoo Travel and a travel writer on her blog “A Broad Abroad,” explains that more women are traveling alone and more women are traveling for business. Speaking to Skift, she emphasized the growing influence these female business travel- lers have in the travel spending decision, not only for themselves, but for their employees. She also detailed a number of key requirements women have while traveling for business ,which are shared in this report. Chris Nurko, Global Director of FutureBrand, explains that a grow- ing segment of business travelers are not corporate employees, but entrepreneurs. He predicts that these up and coming self-service focused business travelers which he has categorized as “TREP Travelers” will be on the rise and require different products and services than their corporate counterparts. And a significant portion of those rising TREPs are women. Accord- ing to the most recent 2012 Women’s Report by the Global Entre- preneurship Monitor (GEM): Introduction Women are mobile even at rest. Source: Flickr, Luciano Meirelles The Rise of Female Business Travelers SKIFT REPORT #18 2014 7
  • 4. • In 2012, an estimated 126 million women were starting or running new businesses in 67 economies around the world. In addition, an estimated 98 million were running established businesses. • These women are creating jobs for themselves and for others. A projected 48 million female entrepreneurs and 64 million female business owners employ one or more people in their businesses. • In addition, these women plan to grow their businesses. A pre- dicted seven million female entrepreneurs and five million female established business owners plan to grow their businesses by at least six employees over the next five years. And this, despite the same report highlighting current social limita- tions and impediments on growth for women entrepreneurs in vari- ous regions of the world. Even when facing difficulties, women are determined to move forward in business and make their mark. Travel is an essential element of any business, and the travel indus- try can benefit by encouraging these rising women entrepreneurs to travel more often to expand their business reach. Because, as the GEM report points out, women entrepreneurs are starting businesses and hiring, the perception they have of particu- lar travel brands and the comfort and loyalty they feel for a particu- lar travel services provider will influence their decision on travel bookings for their enterprise as a whole. This reflects the importance Froelich placed on loyalty programs when speaking to Skift. She indicated that women are far more likely to participate in points-based programs, sign up for credit cards tied into a travel brand, because they value the membership benefits. Before the travel industry can cater to the needs of the female busi- ness traveler, it must understand those needs in depth. To ensure that we reflect those needs as actionable take-aways, we will avoid the generic term “comfort.” The Rise of Female Business Travelers SKIFT REPORT #18 2014
  • 5. Though comfort is mentioned as a consideration by female business travelers and groups representing them, it is painted with a very broad brush and is subjective. Instead of using this problematic term, we will look at concrete ele- ments of the customer experience which affect how comfortable a woman feels. These key factors which, when combined, constitute comfort, con- sistently came up in conversation with our experts: • security • reliable and empathic personnel • privacy • healthy options • accurate guides • conveniences • cleanliness • amenities We should point out that generalizations of any demographic are no means to establish a branding, product or service strategy. While women have certain different needs from men when they travel for business, they also have some in common. The Rise of Female Business Travelers SKIFT REPORT #18 2014 9 superstars.