BCD Travel’s Advito created a hotel consulting service for small and medium-sized enterprises. Priced at $6,000 for a package of products and tools, it’s designed to address a middle ground between existing solutions in the industry. “Most of the time, people are paying maybe a little less than that just for a sourcing platform or…
Sustainability regulations impacting corporate travel management are expanding apace even as some such public policy initiatives face new legal and political challenges. Australian lawmakers last month introduced draft regulations that would begin phasing in mandated climate-related corporate disclosures as soon as July 1. These include business travel and employee commuting activity, part of the Scope…
New analysis suggests companies can grow profitably even if business travel fails to reach half its pre-pandemic peak. At the same time, many of the most prominent corporate flyers are failing to set or meet travel emissions reduction goals. Aiming to hold these companies accountable, Transport & Environment tracks the environmental impact of their business…
Meta has some aggressive sustainability goals. Rather than treating travel as an area to cut in the name of emissions reduction, the company views it as a change agent. It’s part of a strategic approach in which business travel data is a critical financial input that can, along with employee engagement, help Meta reach its…
U.S. government domestic airfare data published a few weeks ago showed a deepening downward trend. A few Wall Street analysts and Delta CEO Ed Bastian said that information did not reflect market realities. But data from several other airfare benchmarking sources, including a trio of corporate travel data handlers, formed a consensus: despite solid demand…
Domestic U.S. airfare growth has moderated and there’s potential for the same in some long-haul international markets. Any company with an appreciable volume of international air travel should see it as a high-value area for spend management. According to Advito, January bookings as of last week for business class tickets to and from North America…
That they see the lodging sector as a seller’s market right now means many corporate travel buyers are waiting until later than usual to start rate negotiations for the coming year. It also means the dynamic discount model hotels began pushing well before the pandemic — which then served as a component of the dual-rate…
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