Articles tagged “corporate travel”

The serviced apartment sector appears to be thriving, although it faces a challenge from reduced growth among corporations. The bigger threat could be the mainstreaming of homesharing services like Airbnb at a time when serviced apartment providers are in the midst of a building boom.

Travel managers know they need to focus on safety as more women travel for business, but seem to be unwilling so far to make specific changes to their policies. Hopefully, this trend won't continue.

Business travel is obviously a great way to advance your career, but few talk about the negative effects like weight gain, stress, and problems with personal relationships. As younger professionals enter the workforce, more travel managers and corporate leaders should pay attention to the ways that business travel can lead to a problematic lifestyle.

It’s no surprise that business travel is seen as a great way to help launch your career, but it also stresses out young professionals and negatively impacts their personal lives.

Travelport, essentially, wants to integrate blockchain into the platform it is developing without throwing out the existing distribution technology it uses. The technology could find its niche in the company's offerings, even as others develop more disruptive and flexible marketplaces for travel selling using blockchain, too.

The global distribution systems are finally moving away from the antiquated legacy systems that frustrate travel providers. Will their new cloud-based systems usher in a new era for corporate travel, or help maintain the status quo?

Startups are about ideas, some good and some bad. Skift has put together a list of some of the top travel startups, which we think have some pretty good ideas — far-ranging business models that will help anyone in corporate travel understand the future.

By revenue and booking volume, Serko remains a small player among global travel management companies. Its technology prowess, however, has outstripped many of the bigger players, setting it up for future expansion.

In a somewhat bizarre twist, even hotel chains are beginning to provide travel management tools to small businesses. This further underscores how much some growing businesses don't really want to deal with a travel management company at all.

Hotel companies are reporting strong earnings from corporate business. This is as good a sign as any that the latest business travel boom has continued into 2018, and it will be interesting to see how this tees up corporate hotel rate increases that make business travel even more expensive for companies.