Nick Evered, SVP and General Manager, APAC, at SAP Concur recently shared his thoughts about the trends we’ll see in the travel industry during the coming year. The way professionals travel for business is constantly changing, and 2019 will be no exception. With growing economic interdependence, the rise of the sharing economy and advancements in…
The traditional car rental business is changing at warp speed these days, peddling as fast as it can to compete with new peer-to-peer offerings. One strategy that permeates the response of majors such as Enterprise Holdings, Hertz, Sixt and others is to offer a product line that runs the gamut. Consider the assessment of Alexander…
For women, the fastest-growing group of business travelers, the usual fatigue and frustrating logistics of visiting a foreign country may be the least of their problems. There’s personal safety to be considered as well. And how companies are dealing with this Duty of Care issue is a mixed bag, at best. Sixty-nine per cent of…
The Importance of Corporate Travel Policies Does your company have a written, cohesive travel policy? Is the policy up to date? Does it address the needs of contemporary corporate travelers? These are key questions to answer if you’re a business owner or manager who is looking to create or update a company travel policy. We…
Getting the best value for your dollar is job No. 1 for most meeting and event planners, and arming yourself with some basic knowledge about hotel and facility profit centers is key to striking a favorable deal for your organization or client. Following are some factors that influence hotel pricing and availability, as presented by…
Given that the average RFP (request for proposal) for a corporate travel management company runs to hundreds of questions and the answers can read like War and Peace, it is not surprising that both suppliers and buyers are fatigued with the entire process. And worse, according to research undertaken by consultancy Festive Road, when asked…
Even though smart bags — suitcases outfitted with USB charging stations, GPS tracking, built-in hot spots, and an array of other high-tech features — continue to flood the market, a growing number of airlines are prohibiting them from aircraft. Most recently, United Airlines, Hawaiian Airlines, and Allegiant Airlines announced restrictions on smart luggage. Delta Air…
There’s so much overlap between travel management and event spending that corporations are increasingly combining the functions. This consolidation is happening quickly in a bid to increase savings and corporate efficiency. With air and hotel costs on the rise, sustained savings are a focus among stakeholders across organizations. The Global Business Travel Association and Cvent…
According to research from the Association of Corporate Travel Executives (ACTE), underwritten by HRS, travel managers are struggling in the face of changing technology and business travelers’ needs and expectations. Respondents recognize the challenge and understand that simplifying their programs could yield benefits, but simplification initiatives face competing priorities. Titled “Simplifying Managed Travel”, the study…
Millennials are now the largest demographic group. It’d be hard to miss that news, unless you’ve spent the past couple years in a cave, disconnected. Countless articles and research papers have been written about this massive group — 79 million in the US and nearly 14 million in the UK. Representing 25% of US business…