We don't want to sound like a broken record, but we believe travelers and employers alike will be better off when corporate travel tools become easy, intuitive, and user-friendly.
Travel managers seem to know that they need to get a better handle on mobile use — the question is how travelers will respond to clear-cut recommendations.
Mergers and acquisitions are the present and future of travel, and the corporate travel world needs to be able to continually adjust because we don't see that pattern changing anytime soon.
More travel companies are reporting a reduction in business travel spending, which clashes with reports that business travel is still on the rise globally. Stay tuned for the rest of the year to see which narrative is borne out, especially as we get closer to the U.S. presidential election.
Cautious growth has been the forecast for a while now, and we're already seeing the impact on travel companies. We're curious if the rest of the year will bring more of the same.
With the Brexit vote just behind us and U.S. elections looming, some form of stability — eventually — will be a welcome change of pace for companies that cater to corporate travelers.
Egencia is leveraging the tech-savvy of its parent Expedia Inc. to compete at a high level in the corporate travel space. It has a real competitive advantage against other travel management companies, which have begun to pivot from providing travel services to developing travel technology solutions to solve the problems that travel buyers and agents can't.
It's good to see that the corporate travel world recognizes the need to make business travel more like leisure. We're eager to see how that continues to play out in reality.
While corporate travel management companies are still playing catch up to the leisure space when it comes to the sharing economy and online booking, it seems like their executives have realized the scope of the problems they face and are looking to increase the pace of innovation going forward.