Articles tagged “corporate travel”

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Business Travel May Face ‘Permanent Haircut’: Former OpenTable CEO on The Long View This Week

Business Travel May Face ‘Permanent Haircut’: Former OpenTable CEO on The Long View This Week

Brian Sumers, Skift

Travel in 2021 will probably look very little like it did in 2019. How will it be different? It's not yet clear, though some themes are emerging.

2 months ago

Travel’s Paralysis Will Hurt Google’s Advertising Business in Coming Months

Travel’s Paralysis Will Hurt Google’s Advertising Business in Coming Months

Dennis Schaal, Skift

Google's advertising business slowed in March as the pandemic kicked in globally. The second quarter, which ends in June, could be worse, and travel advertisers doing everything they can to conserve cash will be one of the reasons.

3 months ago

Luxury Hotel Competitors Join Forces and 17 Other Coronavirus Travel Stories This Week

Luxury Hotel Competitors Join Forces and 17 Other Coronavirus Travel Stories This Week

Dennis Schaall, Skift

This week's coronavirus-related travel stories included Hong Kong legacy hotel competitors seeing a common threat, Blackstone has a Hilton playbook, Delta's CEO looked for a three-year recovery, and Expedia's new CEO got a private equity lifeline.

3 months ago

Itilite Raises $13 Million for Business Travel Management: Travel Startup Funding This Week

Itilite Raises $13 Million for Business Travel Management: Travel Startup Funding This Week

Sean O'Neill, Skift

Itilite, a business travel management startup based in India, differs in emphasis from companies like TripActions and Travelperk. It's notable for focusing on mid-size to large companies, rather than small businesses. It also recommends only a few travel options to users on a first search.

3 months ago

The Great Travel Industry Recovery Debate and 12 Other Coronavirus Stories This Week

The Great Travel Industry Recovery Debate and 12 Other Coronavirus Stories This Week

Dennis Schaal, Skift

Bear or bull? There are diverging options about an economic recovery and McKinsey covered various scenarios. In other coronavirus stories this week, Booking Holdings applied for UK and Netherlands government relief, the U.S. travel industry has a wish list for the next relief package, cruise lines appear ready to defy a no-sail order, and hospitality students see the job market disappear.

3 months ago

Travel Marketing Post-Crisis and 11 Other Coronavirus Travel Stories This Week

Travel Marketing Post-Crisis and 11 Other Coronavirus Travel Stories This Week

Dennis Schaal, Skift

In our coronavirus in travel coverage this week, marketers will have to throw out the playbook post-crisis, Booking Holdings mulled dire financial scenarios, a devalued Airbnb secured new financing at unattractive terms, Flight Centre closed 800 travel agencies, and Carnival Corp. took a controversial investment from the Saudi government.

3 months ago

Second Life Targets Corporate Sector as Travel Lockdown Bites

Second Life Targets Corporate Sector as Travel Lockdown Bites

Matthew Parsons, Skift

Second Life has every right to reach out to businesses figuring out new ways to work remotely and to better engage potential customers, but there’s a lot of competition right now.

4 months ago

Business Travel Sector to Take a $820 Billion Virus-Related Revenue Hit: Survey

Business Travel Sector to Take a $820 Billion Virus-Related Revenue Hit: Survey

Bhargav Acharya, Reuters

While China accounts for nearly half of the losses in the global business travel sector to date, the coronavirus impact on the sector is likely to deepen as more companies in the U.S. and Europe nix travel in the days ahead.

4 months ago

TravelPerk Launches Green Product for Corporate Travel

TravelPerk Launches Green Product for Corporate Travel

Andrew Sheivachman, Skift

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.

4 months ago

Coronavirus Threatens to Take $560 Billion Out of Global Corporate Travel Spending

Coronavirus Threatens to Take $560 Billion Out of Global Corporate Travel Spending

Jamie Freed, Reuters

A projected shaving of 37 percent off the forecast for 2020 global corporate travel spending is already a worrisome decline, but the figure could still go higher if the virus outbreak turns into a global pandemic.

5 months ago

TripActions Breaks Into Financial Technology

TripActions Breaks Into Financial Technology

Andrew Sheivachman, Skift

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.

5 months ago

TripActions Launches Virtual Card Product for Corporate Travelers

TripActions Launches Virtual Card Product for Corporate Travelers

Andrew Sheivachman, Skift

Virtual cards aren't anything new in corporate travel, despite limited adoption. But stronger integration with travel booking apps like TripActions could help mainstream the technology, which benefits both travelers and administrators.

5 months ago