Business Travel News

Travel companies today are more dependent on moving money around the world than ever before. Minimizing the friction caused by foreign exchange fees, regulatory surcharges, and other international fees requires a secure and streamlined global payment solution.

Whether building tours and activities or vacation rentals, acquiring companies soon find out that this stuff isn't as easy as it looked. From confidential internal documents obtained by Skift, it's clear Booking.com found out that scaling experiences on its own wouldn't be a cakewalk, and it's turning to Musement to kick off a preferred partnership strategy instead.

The movement toward green practices is finally taking place in corporate travel. It's about time companies and travelers take responsibility for their impact on the environment.

It's refreshing to hear a travel management company call out all the greenwashing taking place across the industry. Complex problems require creative solutions, and it's good to see travel taking its carbon problem more seriously.

The coronavirus is wreaking havoc on the cruise industry, with travel advisors caught in the middle as they deal with cancellations and questions from worried clients that are difficult to answer. Among the most troublesome aspects is the uncertainty of how long the crisis will last and how much worse it may get.

The coronavirus is dealing a blow to travel in general, but ship quarantines and other factors may be making cruise especially vulnerable. Travel advisors are scurrying to chart the best way forward for their worried clients.

This seems like a sensible approach from TUI. At the moment, there are just too many unknowns, but it does seem like things will get worse before they get better.

If you want to join the ranks of event planners evolving into event strategists, you’ll need to understand all the trends and best practices defining the future of the industry. Here's five of the most pressing trends for event professionals in 2020.

TripActions has made the savvy Silicon Valley play of embracing financial technology while the sector is hot. Whether its new product represents anything truly fresh in corporate travel is a whole other story.

Extended around-the-world travel is no longer just for the superrich or the unencumbered. It's now within reach of middle-class families. Travel advisors are showing how it can be done.