Although leisure travel growth will probably slow this year, business travel will continue to pick up. This is good news for those who suspect a recession is on the way.
Traditional airlines don’t ever want to be caught unprepared again, as they were when low-cost carriers disrupted their gig. And Asia is where they look to for a head start on travel tech innovations. Never see legacies as geriatric ever again.
Will new travel management platforms emerge in Asia as they have elsewhere in recent years? Fragmentation and the digital habits of Asian travelers will make it an interesting challenge.
For over a decade, corporate travel management companies have been trying to pry open the huge market in Asia but have hardly made a dent. Travelstop says now is the time, as the market is full of high-growth startups that will "get it." Perhaps such new players will finally disrupt the space.
The business travel sector is still bullish on growth, even if financial markets have entered a state of uncertainty. So long as the economy continues to hum along, experts think everything will be fine.
The partial government shutdown started just before Christmas, a slow time for work-related trips. But now that 2019 is well underway, business travelers are feeling an impact that will only grow if the impasse persists.
Our latest Skift Research report provides a look-back on 2018 and details our 2019 economic expectations for the U.S. and globally. All in all, we expect a solid year of economic growth in 2019 which should translate well for the travel industry.
A review of the 10 most important trends impacting corporate travel in 2019 Examples of how organizations of all sizes are implementing the trends Insights gathered from interviews with industry…
Conventional wisdom says a good travel agent can arrange leisure travel or corporate travel, but not both. Even if it were true, there’s nothing to prevent the agency from selling both leisure and business travel — except believing conventional wisdom.
Silicon Valley and the sharing economy have helped drive a rapid reorganization of business culture and employee travel habits. Yet not all travel management solutions have kept pace with the changes. The decisions facing Lyft as it overhauled its own travel policy are a great example of the dynamic playing out in boardrooms across the globe.