The fast-growing hotelier has launched a loyalty program called "Business Pass" with a focus on micro-events. The sticking point is only about a fifth of Sonesta's portfolio is onboard.
Originally set up during the pandemic to help nurses book and stay in homes, rather than hotels, TrustedStays has now "commercialized" its platform. It potentially opens the door to short-term rental operators that were previously locked out from corporate bookings.
Experts on the ground in both Hong Kong and Singapore already report booking spikes and surges in airfares and hotel rates. The message is to start laying the groundwork for when China eventually eases its own travel policies.
The intense relationship with digital nomads could be cooling off, as hotels increasingly turn "hybrid" and map out a future that focuses on permanent bases for corporations.
The research arm of investment bank Truist reported on a conference call it held with corporate travel data company Tripbam. Takeaways included that any indications of a recession have not yet shown…
The corporate travel startup is picking an odd moment with financial markets generally in turmoil, but it's clearly banking on continued recovery in the sector.
The U.S. Transportation Department wants airlines to be more transparent about their ancillary fees. In theory it would help businesses, but the corporate travel sector has been grappling with this issue for years already.
In this video from Skift Global Forum 2022, we hear from Jeni Mundy, global head of merchant sales and acquiring at Visa, about the rise of contactless technology, enhancing traveler touchpoints, and the future of digital payment innovations.