Business Travel News

European travel CEOs are paid well by most standards — but not compared with their peers across the pond.

By revenue and booking volume, Serko remains a small player among global travel management companies. Its technology prowess, however, has outstripped many of the bigger players, setting it up for future expansion.

In a somewhat bizarre twist, even hotel chains are beginning to provide travel management tools to small businesses. This further underscores how much some growing businesses don't really want to deal with a travel management company at all.

From Thelma and Louise to the music of Bruce Springsteen, traveling by road across the United States is ingrained in popular culture. And now there are plenty of travel companies out there catering to luxury tourists who want to enjoy this experience.

Chinese luxury travelers are making a mark on resort destinations around the world. But China itself is not largely considered a luxury resort destination for inbound travelers. The Chinese government is looking to change that equation.

Hotel companies are reporting strong earnings from corporate business. This is as good a sign as any that the latest business travel boom has continued into 2018, and it will be interesting to see how this tees up corporate hotel rate increases that make business travel even more expensive for companies.

Hyatt seems to realize not only that small businesses are the most untapped portion of corporate travel, but that a solid business travel experience can lead to dividends on the leisure side as well. Whether this program catches on is another story, though.

Corporate travel continues to grow as the global economy hums along immune to the geopolitical issues cropping up around the world. How long can it last? And will increasing hotel rates eat away at the increased spending made by corporations?

While yachting is undeniably attractive for luxury travelers, is it really ripe for disruption? The practical and logistical concerns make an intermediary or manager seem more attractive than in other sectors.

Breaking open the yacht rental market with a sharing platform is a difficult endeavor given the challenges of operating a digital business within the luxury sector as well as the nuances and securities needed for an experience as hands-on as yachting.