Is a Business Travel Slowdown Here to Stay? – Skift Corporate Travel Innovation Report
Skift Take
More travel companies are reporting a reduction in business travel spending, which clashes with reports that business travel is still on the rise globally. Stay tuned for the rest of the year to see which narrative is borne out, especially as we get closer to the U.S. presidential election.
The Skift Corporate Travel Innovation Report is our weekly newsletter focused on the future of corporate travel, the big fault lines of disruption for travel managers and buyers, the innovations emerging from the sector, and the changing business traveler habits that are upending how corporate travel is packaged, bought and sold.
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The Future of Corporate + Business Travel
It's corporate earnings season again, and travel executives are voicing concerns about a reduction in business travel spending.
The leaders of distribution giants Sabre, Travelport, and Amadeus, for instance, said they are seeing some industries like finance become more cost-conscious.
Car rental companies, in their latest earnings announcements this week, said corporate pricing remained competitive despit
