This minor move will make Accor the single shareholder in an events specialist it had jointly owned. Several of Accor's recent moves feel like watching a homeowner fix up a house to make it easier to sell at a future date.
Traveling to visit a single client could soon be a thing of past, Deloitte’s latest corporate travel study suggests. Instead, businesses see conferences and other live events as a much more productive affair, and will prioritize investing in attending them.
American Express Global Business Travel is making the most of its Expedia partnership, displaying more hotels in its Neo and Egencia corporate booking tools as employees start meeting up again.
Corporate planners are building new centers of event excellence in collaborative ways. Some aim to inspire the entire meetings industry, while others focus on standardizing their event design and procurement processes.
Most of the major hotel chains have now reported their fourth-quarter results. Tourists are back in full force, traditional business travelers less so. But fortunately for them all those conferences and big events are keeping their properties filled.