After pouring over third quarter earnings results and investor calls, it’s clear the big hotel chains have embarked on a new, but potentially arduous road.
IATA’s New Distribution Capability appears to finally be gaining traction in corporate travel. Airlines want it to succeed as much as travel management companies, which will have access to a greater amount of content like seat upgrades and other ancillary products.
As Airbnb and ridesharing services have become more popular, travel managers are dealing with the ramifications of a shift away from traditional travel products. This shift will only accelerate in coming years.
Upside hopes working with The Wall Street Journal will attract high-yield and repeat business travelers to its service. We've seen before that media-linked booking sites rarely have staying power. As a customer-acquisition move, though, it could pay off.
Travel managers may finally take the initiative to improve quality of life for their travelers in a meaningful way. Business travelers themselves remain worried about the negative effects of traveling for work.
The recent hurricanes are expected to have mostly short-term impacts on business travel and economic forecasts, but they exposed serious weaknesses in companies’ preparations for disruption caused by extreme weather.
After all of the time and effort it takes to create an engaging travel policy, having it be ignored by travelers can be frustrating. These five steps can help make your policy the best it can be and encourage travelers to engage with it.
When travelers book hotels outside of their corporate travel program, companies lose out on savings opportunities and must overcome added challenges to keep their employees safe on the road. Luckily, there are steps travel managers can take to help lessen the problem.
The next generation of business travelers is clearly interested in home-sharing accommodations, based on the value they provide both in terms of cost and traveler satisfaction.