We anticipate a convergence between travel expense management and meeting planning. Companies will see a boom in internal meetings for team bonding and training as the pandemic subsides. So they'll need software to rein in costs.
Putting the “American Express” back into American Express Global Business Travel, its new Neo1 expense tool reminds us the world’s biggest corporate travel agency is half-owned by a credit card company.
TripActions now has a serious contender on its hands, and the new investors in Spanish startup TravelPerk clearly think there's enough room to make some money.
Payment technology has never been the most exciting part of the travel industry, but agencies that don't offer expense solutions could lose out as companies restart their travel programs.
With expense firms doubling down on travel management with acquisitions, is this genuine confidence in a corporate travel rebound or opportunistic purchases of distressed startups?
The corporate travel sector is evolving in response to the dramatic changes caused by Covid-19. But what does the future hold? Skift and TripActions explore what's next for this critical sector in this new report.