Amex GBT Raises Guidance As Large-Market And Intl. Business Travel Join Recovery
With business travel recovery accelerating faster than most projected a few months ago, American Express Global Business Travel expects to ratchet up revenue generation and earnings. In what is likely its last quarterly earnings report before becoming a public company, GBT on Tuesday pointed to solid trends among…
Coupa And Its Community Want To Defend Your Spend
Along with acquiring Pana and partnering with Travel Leaders Corporate to enable its book-to-pay vision, Coupa is reaching into travel sourcing. Marrying travel operations and procurement with overall business spend management, it’s also bringing to corporate travel a community concept to leverage the power of numbers. For sourcing,…
Amex GBT, BCD Travel, CWT Untroubled By UK Data Showing They Pay Women Less Than Men
The disparity in what the largest travel management companies pay men and women really doesn’t amount to much, according to the firms. Data reported to the government of the United Kingdom tells a different story, at least for their employees there. American Express Global Business Travel said its…
Startups Advance Intelligent Booking Attachment
Online booking and agent desktop tech provider Atriis Technologies said Wednesday that it acquired ReTravel.io, a tech and marketing platform designed to help attach items from the long tail of business travel services to booked trips. Execs see the solution as helping with corporate travel policy compliance, duty…
Business Travel Is Back But Staffing, Service And Satisfaction Are Stressed
Business travel is back but management infrastructure is not, creating a stressed-out industry. For now, corporate travel professionals are doing whatever they can that’s within their control. That includes managing expectations among the traveling population and with senior execs, retraining employees on policies and procedures, updating profiles and…
Tap The Talent Your Hiring Algorithms Are Missing
“When I apply for a job,” former United Airlines sales leader Jack Purdy told us last year, “I research the company, I craft a meaningful cover letter, I even adjust my résumé. I put a lot of work into it. To think that it’s just getting brushed aside…
Hurdle To Broad Adoption Of Electric Vehicles: The Misperception They’re Unsafe
Hertz has deployed electric vehicles in more than 30 markets. Its plan to build charging infrastructure is ahead of schedule, according to execs. It wants more than 30 percent of its fleet to be electric by the end of 2024. Such cars “command higher pricing and draw lower…