Generative AI is still in the early stages, but major travel companies are investing in tools that many of them say will be an important part of the future.
While it’s still too early to say when business travel could make a full recovery, smaller businesses drove some important trends in the first quarter.
American Express Global Business Travel is making the most of its Expedia partnership, displaying more hotels in its Neo and Egencia corporate booking tools as employees start meeting up again.
Communism meets co-living in Semkovo, where an entrepreneur wants to transform a hotel built for members of Bulgaria's former ruling party into a more modern hub for digital nomads and remote workers.
Travel and expense companies are rushing to roll out new artificial intelligence tools and features, but it's hard to tell how much this is about game-changing tech compared to cashing in on the ChatGPT bandwagon.
Remote workers are taking more trips with their laptops, but preferring not to reveal where they've headed to their bosses. It sounds like fun, but in the long term it may not be that great for them, or their employers.
You win some, you lose some. As quickly as SPACs soared on the hype, they lost much of their luster just as quickly on Wall Street. Travel SPACs were definitely no exception. Take a look at the numbers.