Any traveler knows that global travel requires attention to special packing needs, like passports and visas. However, there are a host of other recommended, and sometimes even mandatory, additional items and documents that you may not be aware you needed. We have compiled a list of six examples, to help you attain proactive risk management for your next travel overseas.Read More
Tags: Global travel
Brace yourselves for yet another challenging period of hotel negotiations. As the annual Hotel RFP season rolls around, your organization could be in for a rickety ride without the proper preparation.
As many buyers coordinate their upcoming hotel Request for Proposal submissions, the impending demands of negotiation season loom ahead, with current hospitality industry conditions ceding hotels the upper hand. As corporate booking demand has been consistently climbing—reserved group occupancy for 2015 is up 2.3 percent from the year prior—a consequential hike in pricing is no surprise. What’s more, suppliers do not seem to be shy about what these changes mean for partner program participants in the least.
In fact, hotel CEOs have warned companies they are doing everything they can to maximize their revenue via increases in corporate and group rates. A recent report from the 2015 Hotel Data Conference in Nashville cited by Business Travel News reveals:
- Average daily U.S. hotel rates will see a 5.1% increase this year.
- Nevertheless, occupancy will rise by 1.7%.
- And despite a projected slowdown in demand next year, it will outweigh supply growth and average daily rates are still expected to increase by an additional 5.2%.
This data then begs the question: is your company really ready for Hotel RFP season? With that said, there are effective ways your company can navigate these fluctuations and proactively combat the rise in business booking rates. Check out these five handy tips below for answers:Read More
Do you dread doing hotel direct bills through your Travel Management Company, not to mention the tedious reconciliation process that follows? Well, good news! A new day has dawned to streamline the hotel direct bill and business credit card reconciliation process: Virtual Payment Systems. Virtual Payment Systems is one of the key emerging travel trends in 2015, and a new entrant in the list best practices for business travel. “Issuers report across the board that this is the fastest growing card product in their portfolios, and they expect this trend to continue and even accelerate,” (n>genuity Journal).Read More
Mobile devices are convenient, and it’s easy to forget that there are a vast array of malware specifically targeted at our mobile solutions.Read More
Tags: Mobile travel
It’s 6:00 AM. You’ve just boarded your 3.5 hour business flight to an unfamiliar city. Your flight the day before was already canceled and rescheduled, so now you’ll be arriving just in time for the morning project meeting with your new client, with zero downtime to regroup or finish prepping before presenting your strategic plans. After being stuck in security behind a pack of tourists who seem to have never set foot in an airport before, you’ve finally been seated – next to someone yapping away on their cell phone relentlessly complaining to some customer service department about how their briefcase handle just snapped off, yada yada yada. Sometimes you just can’t catch a break. #BusinessTravelerProblemsRead More
When you’re traveling for business, there are a number of both agreeable factors and unfortunate conditions that can make or break your trip faster than you can say bon voyage! As leaders in travel and technology, our goal is to take a deep dive into this topic and explore the ways in which business travel can be a stressful process – versus what characteristics make it as effortless as possible.
The next step? Having compiled a list of our most important and relevant questions, we created and distributed the 2015 Business Travel Survey – and received insightful feedback from a wide variety of seasoned business travelers. The results have been appropriately categorized into four key areas of concern and subsequently segmented by several key demographics based on job title, age group, and travel frequency.
The full results from the survey will be published this month, and you can gain access to the complete report by registering here. For now, catch a glimpse into what the modern business traveler has to say about business travel conditions and which factors heavily influence engagement and attitude:Read More
There is no disputing that technology has taken a giant leap in the past decade, and nowhere is that leap more apparent than in the realm of mobile technology and smartphones. The technological advancements in this area directly correlates to the divergence from PCs to mobile devices. Mobile traffic has now surpassed PC traffic and, just last month, Google announced that more U.S. based queries are generated from mobile devices than from web searches on PCs. “Google executive Jerry Dischler said that the shift to majority mobile searches has occurred in 10 key markets, including the U.S. and Japan,” (Yahoo).Read More
Tags: Mobile travel
The sharing economy (or peer-to-peer service) is gaining prominence, and changing the face of many markets, including travel. What was once the “norm” for hotel reservations and car rentals is beginning to broaden with the emergence of a myriad of new companies, who focus on directly connecting one individual able to supply a service to a singular consumer. Two of the most popular peer-to-peer services (in the travel market) are Uber and Airbnb.Read More
What makes the modern business traveler tick? What do they like about traveling? And what drives them crazy? As a leading company in travel and technology, it’s important for us to stay as up-to-date as possible, and know exactly what our prospects and customers take into consideration when evaluating corporate travel options. Therefore, we took the liberty of digging into these issues by creating the 2015 Business Travel Survey.
The world is changing, and as power shifts and new trends emerge we find ourselves on the precipice of what is being called Globalization 2.0. Globalization 2.0 (sometimes referred to instead as Globalization 3.0) denotes the movement from Western dominated economic culture to the rapidly developing Asian market, and the shift in power that this brings.Read More