Articles tagged “corporate travel”

Investors are paying attention to the companies trying to capture the travel spending of small- to medium-sized businesses. As these startups attract increased venture funding, though, it's important to remember that corporate travel at large is extremely resistant to disruption.

While China is an attractive market, it’s traditionally been a tough place for corporate travel. Joint ventures between global travel management companies and Chinese travel providers are combining local market expertise with travel management standards to reduce friction for corporations.

Renowned venture capital firm Andreessen Horowitz has famously pushed the notion that "software is eating the world." It seems likely the firm believes software is now going to upend how companies book travel, in particular, and that companies like TripActions will profit from the shift.

Air Canada has enhanced its corporate travel offerings to deliver on changing expectations, primarily by focusing on flexibility, customization, and its global network.

China is expected to remain a hotbed of both domestic and international business travel. Chinese corporations are attempting to keep costs down even as the need for business travel increases.

While corporate travel at large claims to have a major focus on safety, research shows that women who travel for business routinely face safety threats. More needs to be done by companies to protect women and empower them to thrive professionally when traveling.

China continues to grow as a business travel powerhouse despite some economic foibles and trade spats with the U.S. As trade grows, so too does the need for travel management services that span the globe.

Expense and travel fraud seems like a bigger deal than it really is, according to experts. Some people are always going to be bad apples, taking on a huge amount of personal risk for just a few extra bucks. Human nature is strange.

Most travel and expense fraud is strictly small-scale stuff, and is hard for companies to catch. New technology tools will make it easier, though, to figure out which employees are routinely ripping them off.

It seems like cultural differences affect whether business travelers follow policy or not. Then again, it could just be an education gap among U.S. business travelers who are simply unaware of their company's policies and resources.