What prompted actor Will Smith to invest in travel tech startup TravelBank? And what can other companies learn from the way the company has handled the pandemic so far?
It sure looks like global corporate travel giants are starting to take the small- to medium-size business travel market seriously. For some startups that didn't find traction in the marketplace, this means another shot at success.
There are millions of U.S. business travelers driving the national economy forward, who have to navigate today's fractured travel ecosystem both online and offline. National Business Traveler Day is about acknowledging those people and the job they do amid many challenges.
Companies have finally realized that creating happier business travelers starts with empowering them instead of ordering them around. Now the rush is on to land those road warriors as customers with the understanding that they are experienced consumers.
Think today’s mobile-powered travel services are impressive? The coming revolution in mobile predicted by many industry experts will make the current experience seem quaint.
Upside is trying to reach a more high-yielding audience of business travelers through its partnership with The Wall Street Journal. Whether the Upside experience ends up resonating with its users over the long term is another story.
Lola's push into business travel makes sense given the needs and booking frequency of experienced road warriors. But as Upside has experienced, attracting the right kind of users is a big challenge when travelers can just book trips themselves.
Priceline founder Jay Walker aims with Upside to offer an alternative for smaller companies buying travel. If the reports of the latest funding round are true, investors must believe Walker is going to work some of his entrepreneurial magic again. On the other hand, they've been wrong before.
Travelers get free gift cards, and companies save money on their travel spend. Tweaking traveler behavior through incentives isn't new to the corporate travel space, but investors seem to have finally noticed its potential.