Tracking the Real Costs of Business Travel Takes New Types of Collaboration
Photo Credit: The American Society of Hematology 58th Annual Meeting at the San Diego Convention Center. Travel managers and meeting planners are starting to work more closely together. Facebook / Todd Buchanon
Skift Take
Technology empowers travel managers to do a lot of things, but there's still a big opportunity for companies to get smarter about the real scope of their investment in business travel beyond the elements of individual trips.
Early in the decade, travel managers were focused on keeping costs low as business travel ramped up during the global economic recovery. But as costs have increased in recent years, many are looking for a more holistic way to understand what their organization spends on corporate travel outside of just flights, hotels, and food.
This week, we examined a new synergy growing between corporate events and the wider world of corporate travel. It seems that both travel management companies and meetings organizations see a huge opportunity to work together, if only the bureaucratic red tape that separates different departments can be dealt with. Security and technology are areas where both sides can collaborate, as well.
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