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Articles tagged “travel management”

News Blog

Corp Travel Agency CTM Finally Returns to Yearly Profit

Australia’s Corporate Travel Management has managed to convert the recovery in global business trips into a small profit, after more than two years of tough trading conditions. It was boosted in particular by winning large accounts off rival agencies, according to CEO Jamie Pherous, and three pandemic-era acquisitions, the most recent being 1000 Mile Travel…

Matthew Parsons | 2 years ago

Business Travel

Southwest Joins Airlines Looking to Provide More Travel Management Tools

A trio of airlines have overhauled their corporate platforms in the past seven days. The focus is on self-service, and managing perks as well as discounts, which could help them gain more direct business from smaller companies that are spearheading the recovery.

Matthew Parsons | 2 years ago

Southwest Joins Airlines Looking to Provide More Travel Management Tools

Business Travel

Accor Predicts 20 Percent of Business Meetings Are Gone Forever

A European business leader group has spoken out during the hotel group’s latest Masters of Travel gathering. Their views cement several trends that have been picking up pace since the pandemic began.

Matthew Parsons | 2 years ago

Accor Predicts 20 Percent of Business Meetings Are Gone Forever

Business Travel

Resilient Las Vegas Still a Draw for Business Travelers

Nearly two million business travelers attended conventions in the first five months of this year, up almost 900 percent on the same period in 2021. And that's despite widespread international restrictions.

Matthew Parsons | 2 years ago

Resilient Las Vegas Still a Draw for Business Travelers

Business Travel

Employees Already Unhappy With Pace of Returning Corporate Travel: New Survey

The nightmare that flying has become is starting to weigh on employees. Perhaps company travel managers now need to deflect any pressure from the top as bosses rush to get things back to normal.

Matthew Parsons | 2 years ago

Employees Already Unhappy With Pace of Returning Corporate Travel: New Survey

News Blog

Australian Corp Travel Agency CTM Notches Up Yet Another Acquisition to Expand in U.S.

Australia’s Corporate Travel Management has bought 1000 Mile Travel Group in an all-share transaction. Terms of the deal were not fully disclosed, but on Friday CTM issued 106,336 fully paid ordinary shares to Zazi Pty Ltd, in its capacity as trustee of the Zazi Investment Trust, as part consideration for the acquisition of 1000 Mile…

Matthew Parsons | 2 years ago

Business Travel

Just 6 Percent of Companies Willing to Pay Extra for Greener Travel: Report

Organizations don’t seem prepared to incur additional costs to achieve more sustainable travel outcomes — but that’s not what most are saying publicly.

Matthew Parsons | 2 years ago

Just 6 Percent of Companies Willing to Pay Extra for Greener Travel: Report

Business Travel

The UK’s Unique Brand of Travel Chaos Is Upending Recovery Efforts

With offices vacant again due to a crippling week-long rail strike, and airports under pressure, travel is suffering a setback, particularly business travel. In public relations terms, the UK should be in crisis management mode.

Matthew Parsons | 2 years ago

The UK’s Unique Brand of Travel Chaos Is Upending Recovery Efforts

Business Travel

Corp Travel Giant CWT’s Secret to Managing the Labor Shortage

Travel management firms face challenges helping their customers deal with widespread travel disruption this year, the inevitable knock-on effect from the wider industry's own struggles with labor shortages. CWT needs to staff up as quickly as possible.

Matthew Parsons | 2 years ago

Corp Travel Giant CWT’s Secret to Managing the Labor Shortage

Business Travel

Tech Companies So Far Not Focused on Cutting Corp Travel Emissions — New Report

Campaigners have singled out Microsoft, Google, Facebook and a host of other technology and consultancy firms in a ranking of 230 companies. But this approach is a little backward-looking, with scores failing to include initiatives that will heavily impact business trips in the future.

Matthew Parsons | 2 years ago

Tech Companies So Far Not Focused on Cutting Corp Travel Emissions — New Report