A staggering 43 percent of Thai business travelers would accept a lower paying job if it meant they could travel more for work, according to a recent study by Booking.com.
The 2017 Travel Predictions collected data from 12,781 respondents across 13 markets in September 2016, and the number of Thais willing to accept a lower paying job for opportunities to travel to exciting destinations is 13 percent higher than the global average (30 percent.)
The research also shows that company bosses are potentially under-valuing business travel as a staff remuneration “bargaining chip” as well as a workforce motivation and retention tool.
These findings reflect a broader trend that employees are increasingly smudging the line between business and leisure. Data shows that nearly three quarters of Thai business travelers (71 percent) have extended a business trip to a different city or country in the past 12 months, the highest of all countries researched. Additionally, 37 percent claim they intend to do the same in 2017.
“No longer seen as lost time or a career inconvenience, business travel is increasingly seen as an opportunity to expand horizons, find inspiration and progress in a career,” said Ripsy Bandourian, Director of Product Development at Booking.com for Business.
While cities like London, Paris and Frankfurt remain business travel hot spots, Booking.com for Business has also identified Bangkok as the third fastest-growing city for business travelers, after Shanghai and Tokyo.