By combining travel, expenses, and payments in one tool and implementing dynamic policies, companies can reap the positive benefits of business travel by managing costs in a challenging economic environment — and supporting happier, more compliant employees.
New research from Skift and TripActions dives deep into how companies can reimagine their policies and technologies to make corporate travel, corporate card, and expense management programs more agile and cost-effective as part of a 360-degree, holistic corporate spending strategy.
In Skift's top stories this week, Airbnb announces plans to redesign pricing on its platforms, KLM faces a murky future, and Delta believes that even a possible recession won't impede travel's recovery.
In Skift's top stories this week, travel technology company Sabre is putting its hospitality division on the market, independent hotels increase the use of TikTok in marketing, and Russian tourism executives target travelers from India.
The corporate travel startup is picking an odd moment with financial markets generally in turmoil, but it's clearly banking on continued recovery in the sector.
Most industry forecasts point to an eventual recovery — even to the 2019 high of $1.4 trillion in annual spending — as business trips start to bounce back. But many underlying trends are emerging in a fragile global economy. How we travel, and for what purpose, is far from certain as we enter a new era of accountability.
The inaugural Build In Tulsa Techstars Accelerator has group travel, payments and even networking in its sights as it builds on the Black Wall Street legacy.