Articles tagged “business travel”

Sheraton Revamp Could Bring Substantial Revenue Boost: Latest Skift Research

Sheraton Revamp Could Bring Substantial Revenue Boost: Latest Skift Research

Rebecca Stone, Skift Research

Sheraton is now Marriott’s third largest brand, coming after only Marriott and Courtyard by Marriott, and the largest outside of North America. As a result, getting this turnaround right is critically important for the company in the eyes of investors, owners, consumers, and other stakeholders.

3 weeks ago

Homelike Raises $14 Million for Rental Search: Travel Startup Funding This Week

Homelike Raises $14 Million for Rental Search: Travel Startup Funding This Week

Sean O'Neill, Skift

The market for long-term serviced apartments is being dragged, thankfully, into the digital era by companies like Homelike. Plus: Funding news for Roomex, FunNow, Vntrip, and Roto Travel.

4 weeks ago

Power of the New Marriott: Latest Skift Research Report

Power of the New Marriott: Latest Skift Research Report

Rebecca Stone, Skift Research

The monumental task of integrating Starwood continues almost two years later at Marriott, with all eyes on the Sheraton brand turnaround and the merging of the loyalty programs. Both could mean millions in incremental fee revenue, and efforts to reduce hotel-owner costs aren't going unnoticed.

4 weeks ago

Torrid Growth Projected for Business Travel Despite Tariffs and Trade Wars

Torrid Growth Projected for Business Travel Despite Tariffs and Trade Wars

Andrew Sheivachman, Skift

It looks like 2018 could be the year that business travel growth truly peaks. With the specter of trade wars, Brexit, and financial instability on the horizon, the sector's financial outlook may change in a hurry.

1 month ago

Why Car Rental Companies Won’t Go Out of Business Anytime Soon

Why Car Rental Companies Won’t Go Out of Business Anytime Soon

Justin Fox, Bloomberg

Yes, consumers — even business travelers — like to use ridesharing apps. But corporate travelers are still renting plenty of cars and paying hefty prices for them. Sometimes, that's still the best way to get around.

2 months ago

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New Research: Business and Leisure Travel are Becoming Increasingly Blurred

New Research: Business and Leisure Travel are Becoming Increasingly Blurred

Expedia Group Media Solutions + Skift

It’s not particularly shocking to learn that travelers combine their business and leisure travels, but it may be somewhat surprising to hear that this is still a rapidly growing phenomenon. Brands should take notice.

2 months ago

Increased Costs Will Put Pressure on Business Travel Growth

Increased Costs Will Put Pressure on Business Travel Growth

Andrew Sheivachman, Skift

A variety of self-defeating trade wars and increased travel pricing will likely prevent global business travel from surging in growth like it has over the last few years.

2 months ago

Lola Pivots to Travel Management With New CEO

Lola Pivots to Travel Management With New CEO

Andrew Sheivachman, Skift

Lola has struggled to catch on as it now pivots to provide travel management tools to small companies. Mobile booking through travel agents never broke through and it's hard to see a path forward for Lola in the extremely crowded market for managing small group travel.

2 months ago

The Plight of the Millennial Business Traveler

The Plight of the Millennial Business Traveler

Andrew Sheivachman, Skift

Business travel is obviously a great way to advance your career, but few talk about the negative effects like weight gain, stress, and problems with personal relationships. As younger professionals enter the workforce, more travel managers and corporate leaders should pay attention to the ways that business travel can lead to a problematic lifestyle.

3 months ago

Young Professionals Are Stressed Out But Still Love Business Travel

Young Professionals Are Stressed Out But Still Love Business Travel

Andrew Sheivachman, Skift

It’s no surprise that business travel is seen as a great way to help launch your career, but it also stresses out young professionals and negatively impacts their personal lives.

3 months ago

Trump Border Policies Are Bad for Business Travel, Survey Finds

Trump Border Policies Are Bad for Business Travel, Survey Finds

Hannah Sampson, Skift

The initial travel ban caused widespread chaos and confusion, and uncertainty has remained amid court challenges. Now that the U.S. Supreme Court has upheld the ban, will business travel suffer as this survey suggests?

3 months ago

Project-Based Business Trips Are More Expensive Than Traditional Corporate Travel

Project-Based Business Trips Are More Expensive Than Traditional Corporate Travel

Andrew Sheivachman, Skift

Project-based business trips are more costly than other types of business travel in the U.S., but account for only a small percentage of the overall trips taken each year. This may rise, though, as the manufacturing and construction sectors continue to grow.

3 months ago