New York-based Ramp has signed a string of agency, co-working space and ridesharing partnerships, but it looks like venture capital firm General Catalyst may be pulling the strings and driving its debut into travel management.
Buying Germany's Comtravo last month also meant taking on that agency's own ongoing acquisitions, including plans to buy Sweden's Resia. That deal's now gone through, and TripActions gains a shortcut to Scandinavia.
As the corporate travel recovery gathers steam in France, remote work, health and safety guidelines, and governmental restrictions will affect its trajectory. Travel, corporate card, and expense technology will lead the way for corporations to navigate these new, unfamiliar paths in 2022 and the years ahead.
Travel firms are gearing up for a busy year booking company retreats and off-sites, because team meetings are moving on from U-shaped tables and an overhead projector to ranches, sites in the woods and beyond.
Mergers and acquisitions in the corporate travel space look set to continue, even after the roller-coaster year that was 2021. Now Berlin's Comtravo, a Microsoft-backed travel agency, is selling up.
Funnelling budget to target these more affluent, longer-stay visitors makes sense. It might even address the labor crunch. But cities probably shouldn't take their eyes off traditional tourists at this delicate time.
This push into cargo is risky, because Yatra needs as many investors on its side as possible as it prepares to go public in its home country, where corporate travel stands to rebound strongly.
Amidst rapidly evolving policies, corporate travel managers must streamline communication with business travelers in their organizations to align around processes and goals. Skift and TripActions present this new insights deck exploring the state of corporate travel and expense as companies embark on new journeys ahead in 2022.
In a world of rapidly evolving regulations, corporate travel managers must streamline communication with business travelers in their organizations to align around processes and goals. This new insights deck explores the state of corporate travel and expense as companies embark on new journeys ahead in 2022.