Travel managers know there's no way to stop direct booking. Now the question is how policies and tech tools evolve to keep track of where business travelers are going and what they're spending, regardless of how they book their trips.
As we move closer to 2017, signs are mounting of a mixed year for business travel. Travel providers, however, are expected to keep prices relatively flat to help drive demand and make travel more affordable for companies.
The fact that hotel rates and airfares are likely to remain flat into 2017 reflects the huge amount of uncertainty about the state of the global economy at this point in time.
It's been a roller coaster week (not to mention year). And when it comes to corporate travel, we still expect to see a lot of ups and downs as the world adjusts to a new reality.
It will take months and maybe years for the full impact of a new U.S. president to be felt in the corporate travel industry. Right now all we have are campaign promises and threats, and lots of questions about the future.
Millennials are a driving force in society, and business travel is no exception. We expect the corporate travel world to recognize the changes younger road warriors want to see and put them into practice — eventually.