Articles tagged “ctir”

Corporate travel is working to solve some of the big problems that have prevented change, although it's hard to really see foundational change taking place across the sector anytime soon.

After years of inaction, the big travel management companies are finally figuring out how to create a better booking experience for travelers. The dream of the personalized and automated future of corporate travel, though, may never come to pass.

It looks like 2018 could be the year that business travel growth truly peaks. With the specter of trade wars, Brexit, and financial instability on the horizon, the sector's financial outlook may change in a hurry.

In the first entry of the Skift Future of Business Travel Interview Series, we examined the growing promise of personalization and a more consumer-like experience. Stay tuned for more insights from across the sector in coming weeks.

One of the biggest challenges for companies is simply getting their travelers to book how they're supposed to. The problem seems to be getting worse. Useful personalization and a more consumer-friendly experience will go a long way towards changing that.

After years of friction, Sabre and corporate travel giants American Express Global Business Travel, Carlson Wagonlit, and Flight Centre, have agreed to work together to test what new distribution methods might look like. Questions of who will pay what have been postponed.

Corporate travel has embraced new distribution capability in fits and starts, mostly because the global distribution systems have been slow to integrate the technology. Australian companies, however, have seen the wisdom of taking a forward-looking approach.

Qantas, Serko, and Corporate Travel Management are leading the charge towards new distribution capability adoption in Australia, promising better access to rich content. They will have to overcome plenty of confusion in the market, however, before the new distribution channels are fully accepted.

After a few years of renewed focus on improving the business travel experience for employees, the corporate travel sector could soon flip back into cost-saving mode when faced with global pricing increases and a more uncertain overall business outlook.

A variety of self-defeating trade wars and increased travel pricing will likely prevent global business travel from surging in growth like it has over the last few years.