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Articles tagged “corporate travel management”

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Business Travel

European Companies Brace for Changes in Corporate Travel, Expense, and Payments

By combining travel, expenses, and payments in one tool and implementing dynamic policies, companies can reap the positive benefits of business travel by managing costs in a challenging economic environment — and supporting happier, more compliant employees.

European Companies Brace for Changes in Corporate Travel, Expense, and Payments

Business Travel

Prince Harry’s Travalyst Focuses on Corp Travel Carbon Emissions With Travelport, Amadeus

Adding Amadeus and Travelport certainly expands Travalyst's reach, but the partnerships will only be worthwhile if their corporate travel agency customers adopt Travalyst's method of calculating carbon emissions.

Prince Harry’s Travalyst Focuses on Corp Travel Carbon Emissions With Travelport, Amadeus

News Blog

SAP Concur on Track to Reach Pre-Pandemic Levels by Next Year

SAP, the parent company of the Concur suite of tools for managing travel expenses, said on Tuesday the company's unit was recovering after the pandemic shock. "Concur is actually recovering very nicely," said Luka Mucic, chief financial officer for the German software giant. "They are only representing this quarter a 1 percent drag on the…

Business Travel

5 Charts That Bullish Airline CEOs Need to See on Corporate Travel’s Recovery

Airline bosses might be living in a parallel universe, because it’s unlikely this abrupt revival of corporate travel will be able to hold its momentum over the next few quarters, a new report from the U.S. Travel Association shows.

5 Charts That Bullish Airline CEOs Need to See on Corporate Travel’s Recovery

News Blog

Flight Centre Travel Group Plays Down Rumors It’s Buying U.S. Agency Altour

Flight Centre Travel Group has rebuked “media M&A speculation” that it is poised to buy U.S. travel management company Altour. “Flight Centre Travel Group (FLT or Company) is aware of media speculation in The Australian newspaper claiming FLT is considering the potential acquisition of a corporate travel business in the USA,” it said in a…

Business Travel

Corp Travel Agencies Reboot Bots in Light of Labor Crisis

There’s a distinct whiff of nostalgia drifting through the swaying palm trees in San Diego, as corporate travel agencies plug chatbots at the Global Business Travel Association’s annual convention.

Corp Travel Agencies Reboot Bots in Light of Labor Crisis

Business Travel

Amex GBT Stays Patient on China to Recoup Missing Revenue

There's still some way to go for the world's biggest corporate travel agency. Recovery is in its sights, and clinching JP Morgan is a major win, but as we've seen so far in 2022, a lot can happen over the next six months, with high hopes on China.

Amex GBT Stays Patient on China to Recoup Missing Revenue

Business Travel

Taiwan Tensions Could Drive Up Travel Costs Significantly, CWT Warns

Geopolitical uncertainties are singled out in the latest Global Business Travel Forecast, which underscores the volatility the corporate travel industry is experiencing, and perhaps the pointlessness of trying to predict prices in the first place.

Taiwan Tensions Could Drive Up Travel Costs Significantly, CWT Warns
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Business Travel

Skift Webinar: Travel and Expense at a Critical Inflection Point

“It’s the economy, stupid.” The legendary 1992 quote from political strategist James Carville is equally relevant today as it seems like almost every conversation about the future of corporate travel and expense is now focused on inflation and other economic factors. In this recent webinar, we discussed how companies are adjusting their policies and technology solutions to keep pace.

Skift Webinar: Travel and Expense at a Critical Inflection Point

Airlines

Southwest Removes Flight Credit Expiration Dates to Boost Business Travel Recovery

A surprise move from the airline, and costly too, with a "one-time hit" of up to $300 million already set to impact its third quarter results. But it's a clever strategy to win more corporate business, as companies won't fret so much about rushing to use up their vouchers in the future.

Southwest Removes Flight Credit Expiration Dates to Boost Business Travel Recovery