International business travel to the U.S. has been a weak point recently due to the strong dollar. We may be about to find out how much worse it can get.
Brazil is already big for Concur, and will likely remain a strong market for business travel as its economy rebounds from a severe downturn. Hopefully, the country's political dysfunction won't get in the way of an economic recovery.
Trump's travel ban is hurting America's image internationally and its innovation economy domestically, but the global meetings industry and many U.S. cities are rallying in an attempt to minimize the pain.
Although the new executive order grants a number of exceptions, an unfriendly air persists. Right now, we'll have to wait and see to accurately gauge the damage done to the U.S. meetings industry.
It was a year of surprising change in corporate travel. By embracing some of the innovations that are commonplace in leisure companies, travel management companies are slowly bringing themselves into the 21st century.
Today's best innovation and technology conferences focus on the commercialization of ideas, and they're having a big impact on the long-term economic development of their host cities.
Travel management companies are finally looking to approach corporate travel from a more traveler-centric perspective. The pressure is on to shift to a more progressive approach to travel technology, iterating based on what travelers actually want.