As meeting planners worldwide look for unique venues and programming that will wow attendees, Thailand is stepping up its meetings and incentives efforts. Big investments in infrastructure, hotels, venues, and transportation networks — not to mention top-flight food and gorgeous beaches — are already paying multi-million dollar dividends.
Thailand Convention and Exhibition Bureau + Skift |
Travel management startups are targeting employees at small businesses, in the hopes they'll influence management. This strategy is working, and even larger companies are starting to change the way they design their travel policies.
The value of business travel is clear for growing company revenue and building face-to-face relationships. But when business travel is poorly managed — and too often, that’s still the case — employee productivity and satisfaction are at stake.
Compared to continental Europe, employees in the UK are much more likely to view Brexit as a good thing for company travel. With that said, the deadline for a deal is fast approaching, and no one is quite sure what the outcome will be.
Despite some of the progress that New Distribution Capability has made in recent years, travel management companies have missed out on many of the benefits. This new development from the International Air Travel Association should help modernize the old-school IT systems that many are using.
This is a good step for the industry, bringing tech improvements not just to the retail side but also to the companies managing the bookings through New Distribution Capability.
Some luxury-focused leisure travel agencies are finding success in handling their clients' business travel needs. The bleisure trend, as well as the desire for CEOs to keep their lavish travel a secret from employees, is creating opportunities for these agencies.