Articles tagged “business travel”

The banking crisis and the macroeconomic environment are new headwinds for Sonder. Optimists and fans would say the company is making modest progress, but it is taking considerably longer than the company expected last year.

Reports of corporate travel’s demise turned out to be greatly exaggerated, but companies aren’t spending as freely as they did pre-pandemic. As CFOs increasingly have a say in employee travel — and the need to balance expenses with duty of care rises — all-in-one travel and expense solutions are taking on a growing importance.

Three years on from the global pandemic, clearly, the travel sector in the Middle East has transformed. The region didn't let the Covid crisis go to waste.

It’s all about priorities. Companies are now reviving their travel programs with a new set of top-down corporate focuses, regardless of where employees choose to work from.

Still some way to go, but Hertz is confident blended travel trips will boost its bottom line this year.

Business travel is back, but managing costs is more and more challenging. As companies work to balance the need to get to in-person meetings with the objective of reducing overhead, a new report from Uber for Business offers a pathway to success.

Everyone wants to know when business travel spending will recover to pre-pandemic levels. Signs are it'll be 2026, though some markets may recover faster, such as India, Britain, the U.S., and Australia.

One startup, WorkTripp, strives to find ways to keep hybrid and remote workers feeling connected between in-person retreats.

Domestic business demand fell by about 8 percent immediately after the collapses of Silicon Valley Bank and Signature Bank in March but rebounded within two weeks. The banking crisis did not affect domestic leisure or international business and leisure demand.