Marriott’s consolidation of its sales team to sell lodging for all eight of its luxury brands is a positive for the industry, according to Acendas Travel Co-President Brent Blake. The move was first reported by Travel Market Report earlier this week and served to answer some questions the industry had
Duty of care will continue to be a crucial responsibility for any corporation regardless of the amount of business travel. As companies increase globalization, a heightened safety for employees and operations will also remain. According to a recent GBTA/AIG survey, 41% of corporations provide risk management services and 17% plan
Spring is a great time of year to refresh, renew, and reevaluate your corporate travel policy. Compliance to a well-defined policy can single-handedly have an instant impact on your travel program and your company’s bottom line. Several industry trends and market conditions have pushed to increase compliance, which has encouraged corporations to
A managed travel program has many benefits beyond cost savings and enhanced productivity. As travelers require a more tailored experience, mobile and social policies are crucial to a successful managed travel program. However, the essentials of a travel program, must work for a corporation to regulate spend, guarantee traveler protection, and manage
According to the Global Business Travel Association (GBTA), the total U.S. business travel spend is forecast to increase 3.7% in 2016. In the Asia Pacific region, China is predicted to exceed the U.S. regarding total business travel spend.
The Transportation Security Administration recently pulled the plug on its controversial but traveler-friendly Managed Inclusion Program. The program allowed frequent travelers to use the PreCheck security lines at airports without paying the $85 fee.
As of July 2015, hotel occupancy continued to increase, topping at 75.3%, which is the maximum that has been documented by Hotel Data Company, STR. Read more…
Corporations that mandate travel program compliance have achieved strong outcomes for years. Auxiliary fees, market modifications, and the requirement to push increased compliance have encouraged corporations to examine travel policies. A majority of companies should be reconsidering their travel policies annually. This process should not be delayed until a crisis
