Companies are consolidating their business travel in Latin America as corporate traffic to the region increases exponentially, according to Hogg Robinson Group, (HRG) the world class corporate travel services company. In order to meet this growing demand, HRG has also appointed two new Partners in Bolivia and Panama.
Business travel is growing in Latin America as its emerging economies thrive. The region’s growing importance to business has led to more investment from the travel industry including American Airlines, Delta and Continental, all of which are launching new routes to Latin America, and the TAM Brazilian and LAN merger, intended to help them contend with foreign competitors.
Peter Vargas, Senior Vice President, HRG North America, says, “Latin America has weathered the global financial crisis and, as the market begins to recover, our clients are expressing their desire to grow in the region and consolidate with a single TMC. Corporates understand that a regional programme managed by one organisation maximises efficiency and value, through one point of contact, simpler processes, increased buying power and product standardisation. Our new partners in Bolivia and Panama are extremely experienced to deliver to these requirements, and also bring excellent local knowledge and expertise."
Brazil and Mexico are arguably two of the most significant countries in the region as, according to the IMF, they are the 8th and 14th largest world economies respectively. Unsurprisingly, many multinational corporations such as Camargo Correa, Sadia, Embraer, San Antonio and Baxter have selected Sao Paulo and Mexico City as their consolidated Latin American hubs for corporate travel management.
Lima, the Peruvian capital, is also emerging as an important hub for business travel consolidation due to its convenient location and stable economy.
HRG has had representation in Latin America since the early 1990s and now has 14 Partners in the region: Argentina, Brazil, Bolivia, Chile, Costa Rica, Colombia, Ecuador, Guatemala, El Salvador, Mexico, Peru, Venezuela, Uruguay and Panama.
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For further information:
Sallyanne Heywood
Hogg Robinson Group
Tel: +44 (0) 1256 312624/ +44 (0) 7825 401215
sallyanne.heywood@hrgworldwide.com
Tanya Brunet
Euro RSCG London PR
Tel: +44 (0) 207 467 9200
Email: blhrg@bisslancaster.com
Notes to Editors:
Hogg Robinson Group (HRG) is an award-winning international corporate travel services company which operates from headquarters in Basingstoke, Hampshire, UK. Established in 1845, HRG’s interests now relate to owned or controlled corporate travel services operations in 25 key driver/growth markets throughout Europe, North America and Asia Pacific supported by contracted partners in Africa, Middle East/West Asia and Latin America. The HRG worldwide network extends to nearly 120 countries.
HRG’s philosophy is to focus on its clients, underpinned by three differentiators – its people, its technology and its breadth of service. The company has experienced management and skilled operators together with a strong reputation for technology which it develops and owns in-house. In addition HRG is the only major travel management company to offer a real breadth and depth of services, all of which combine to serve every client around the globe delivering value, cost savings, efficiency and innovation, without compromise.
HRG’s portfolio of clients spans a broad range of industry sectors including but not limited to Automotive, Banking and Finance, Food Manufacturing, Media and Entertainment, Oil & Gas, Pharmaceutical, Retail and Telecommunications.