Have you recently realized that your business’s travel costs have gotten out of hand? Or, have you known that your employees have been spending too much on business trips for a while, but have been really unsure on what to do about it? Beyond implementing managed travel, one of the easier ways to reduce yourRead more
Companies that travel are sitting on loads of unused airline tickets. How should they manage them? Unused airline tickets have always been a part of business travel. Flights get canceled. Travelers get sick and are unable to go on their trips. Conferences and other events get postponed or canceled. As a result, there’s a hugeRead more
As the world shuts down to stop the spread of a deadly pandemic, expect to see a significant coronavirus effect on global business travel. In late January, Tourism Economics projected the United States would lose 1.6 million visitors from mainland China due to the spread of COVID-19, also known as “coronavirus.” Months later, coronavirus hasRead more
Nothing’s certain about hotel demand in 2019, but 2018’s Q3 results do offer helpful insights. Supply and hotel demand in 2019 are inextricably linked as your company creates a budget and forecast for its travel spend. While it’s difficult to know how demand will change, we can take a look back at 2018 andRead more
How to Balance Meeting Objectives While Promoting Employee Health It’s no secret that staying fit and leading a healthy lifestyle is challenging while traveling for business. But a new study from the Mailman School of Public Health at Columbia University is putting some jarring statistics behind that conventional wisdom. The study indicates that employeesRead more
Corporate credit cards can make life so much more convenient when you frequently travel for business. No longer do you have to live with inflated credit card balances at the end of the month as you wait for your reimbursement to arrive — everything is streamlined straight to the company. But company credit cardsRead more
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