New Emissions Reporting Laws Could ‘Elevate’ Travel Along With ESG Initiatives
For companies that disclose some or all of their business travel emissions under regulatory frameworks or through voluntary reporting, new laws may offer travel managers an opportunity to sharpen their focus. “Implementing the standards is not just about compliance,” according to a 2023 KPMG report on the European…
Notebook: Travel Buyers Discuss Booking Channel Policy Flavors And Tradeoffs
Asked how corporate travel buyers should deal with fares found outside preferred booking channels, Cisco senior global procurement service leader for travel and card Carlos Almendros said, “You’ll get a different answer for every buyer.” Travel managers also speaking at the Global Business Travel Association convention last month…
Observers Question How ‘Quickly’ AA Could Reverse Corporate Sales Retreat
While the latest sales reorg at American Airlines appears to dim any hopes for the carrier reversing its shift away from managed corporate travel, an important entity won’t rule out the notion: American Airlines. “If managed corporate travel becomes a bigger share of the pie, we will quickly…
After Selling, Grasp Technologies Founder Mueller Drops CEO Post
Erik Mueller is no longer CEO of Grasp Technologies, the corporate travel data consolidator and analytics company he founded in 1996. Also a virtual payment provider, Grasp has been under new ownership for about two years. Waverock Software, which acquires, manages and grows enterprise software businesses, in December…
Calif. Law Would Require Thousands Of Firms To Report On Business Travel Emissions
California Governor Gavin Newsom on Sunday said he would sign new legislation requiring companies to report greenhouse gas emissions, including those resulting from business travel. State lawmakers passed the proposed bill last week. A first for the United States, the Climate Corporate Data Accountability Act (SB 253) would…
Notebook: Buyers Explain Challenges Of Managing Non-Employee Travel
How much to invest in support for recruits, board members, interns, consultants, contractors and other guest travelers can be a tough call, according to speakers at GBTA’s convention last month. BCD Travel and Fox World Travel are among the latest providers to come up with solutions for this…
Amex GBT Wins Citi, Develops Its Services For Companies Across The Spectrum
Interviewing American Express Global Business Travel CEO Paul Abbott during a Sept. 7 investor meeting, Citi equities analyst Pete Christiansen referenced a “really good” financial services company that GBT had recently won. Turns out, it’s Citi. Implementation in multiple countries is due by year-end, sources said. CWT, which…
Still Nigh: The Death Of Manual Expense Reporting
Expense software developers and corporate travel providers are progressing in their efforts to kill the manual work associated with expense reporting. The application of artificial intelligence appears to be accelerating what has been a slow and painful demise. Emburse on Tuesday announced AI-powered receipt scanning — “the next…
Big Hotel Firms Fight For Midscale Extended-Stay Guests As Use Cases Proliferate
Hoping to capitalize on the work-from-anywhere phenomenon that led to more flexibility for workers, more relocations and longer lengths of stay, big hotel companies are adding new brands in the midscale extended-stay segment. Since last fall, Best Western, Hilton, Hyatt, Marriott and Wyndham each announced new products in…