The Asia Pacific region is seeing positive growth as business travellers take advantage of a more thriving economic climate, according to Hogg Robinson Group (HRG).
HRG Asia Pacific executive vice president James Stevenson said: "We have seen massive growth in volume in the region over the past year, with some areas almost reaching 2008 levels. The Asian economy was resilient through the recession, but certainly it was affected and business travel declined there like everywhere else. But the Asian market has a business culture that respects the true value of face to face meetings more than any other region in the world."
He added that HRG was seeing increased business travel to countries such as Singapore, where the agency has increased staff by 25%.
"In countries like India and China we are increasingly offering our expert staff as ‘implants’ working within clients’ offices," said Stevenson.
This year, HRG revealed it has won or retained a number of Asia Pacific regional bids with companies including Barclays, HSBC, Diageo and Rolls Royce.
As part of a global win this year, HRG is also now working for Novartis in the region, as well as winning business with Schlumberger and Ericsson.
HRG has also retained a contract for the region with Procter & Gamble, assisting with consolidation of its travel management into Singapore, and with the newly merged Bank of America Merrill Lynch, managing the group’s travel across 12 countries in the region through a hub in Hong Kong.