Just half of the companies polled for this survey manage their meetings with the help of a travel management company. This represents a big opportunity for companies to save money and travel management companies to help provide oversight and transparency.
GetGoing found a crowded field in consumer travel, wisely privoted toward B2B, but now has to prove that its corporate-booking tool is truly different from those of more-established competitors.
The rise in independent booking is easy to understand when understanding the sophistication and user experience available on consumer apps in comparison to still clunky business travel tools.
There are big bucks at stake as CWTSato Travel and Concur battle it out over government travel contracts. CWT recently got bragging rights by landing the DOT contract, and the Department of Commerce is a possibility, as well.
CWT characterizes its 2013 financial performance as "strong," but even excluding the impact of U.S. government sequestration the company's sales volume and transactions were flat.