Original post by John W. Schoen, CNBC When an airline decides where and when to fly its planes, there’s often a lot more at stake than just the bottom line. The final choice of routes can be controversial, as United Continental‘s recently ousted CEO discovered after allegations surfaced that the
Men take the lead on business travel according to a survey conducted by Aries Residence Suites. The survey, detailed by Ryan Rudnansky on travelpulse.com, had a total of about 1,000 respondents. See Rudnansky’s article below. Aries Residence Suites recently released an infographic that details business travel in 2015. According to
Ground transportation, including rental cars, taxis, and limousines generally signifies 8-12% of the total corporate travel spend. Regardless of size or number of global locations, corporations with negotiated car rental agreements normally save 10-30% of ground transportation spend. Due to the economic recession, many corporations signed unlimited term car rental
Sharing economy suppliers are frequently described as “disruptors” due to the impact intended on conventional ground transportation and hotel suppliers. As sharing economy providers steer into the corporate travel market, it is timely for travel managers to begin discussions with travelers and program stakeholders. The sharing economy involves peer-to-peer products
Due to the increasing consolidations of airlines, negotiating corporate travel agreements has become even more difficult. This environment has created continuing challenges for corporate travel buyers, since current contracts with preferred vendors may not be suitable for a company. If a current preferred supplier was involved in a merger or
Savings is not the only driving factor for companies that are exploring travel program process improvements. Global consolidation can produce enhanced traveler safety and security, increase transparency, decrease program difficulty, better compliance with a regulated travel policy, increase productivity with globally consistent procedures, and allow a corporation’s travel management company
