When a company such as BCD Travel talks about an "asset purchase agreement" with a startup, you can be sure that the startup's investors aren't popping champagne. Like many recent travel startups, GetGoing pivoted from a consumer to a business focus. At least GetGoing's assets have found a new home.
Business travelers in the U.S. are now taking more rides in Ubers than rental cars. This is huge progress for Uber and represents a major problem for traditional car rental companies.
Smart hotels are rethinking the most profitable ways to make the most of their spaces, and it is no longer just about heads in beds. Mobile apps and on-demand services are just one piece of this pie, but they are an important piece.
Delta's corporate travel clients are talking up increased volumes through the early summer of 2016 but that could change swiftly if the global economy gets more cantankerous.
Growth — albeit modest — is better than negative territory when it comes to business travel. But it's hard to get too excited about "stable and steady" progress.
Asian business travelers are willing to use untraditional means of travel that business travelers generally aren't lumped in with, such as flying low-cost carriers or staying in an Airbnb. With these statistics in mind, it's no wonder places like China and Japan are Airbnb's fastest-growing markets and low-cost carriers are dominating that region.