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The Company Dime‘s Sourcing category provides comprehensive coverage of corporate travel procurement strategies, supplier negotiations and industry trends. This extensive collection of articles offers valuable insights for travel managers, procurement professionals and industry stakeholders looking to optimize their travel programs and stay ahead of market developments.
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The pandemic era’s geopolitical tensions caused concern among economic globalization advocates. Despite rising nationalism and efforts to reduce reliance on global supply chains, new data shows the appetite for consolidated global travel management remains strong. Corporates say they’re not going back. “There is a clear trend toward consolidation,” according to the United Kingdom’s Competition and…
When embarking on corporate travel card request for proposals processes, buyers should leave plenty of time for preparation and hiccups. That was a cornerstone among the recommendations shared on a Nov. 1 webinar by members of GBTA’s payment committee as they walked through their updated RFP template. They advised buyers to conduct early self-reflection to…
Marriott International is pushing corporate rates for 2025 that lack last-room availability guarantees that, at least in key destinations, some buyers consider essential. Already, LRA rates are not always honored across the industry and don’t always provide sufficient savings compared with other negotiated rates, prompting some to wonder whether they’re worth the effort. Acknowledging a…
A fresh approach to hotel safety and security is taking shape across the pond. Seeking input from around the industry, the Accommodation Conformity working group of the relatively new, U.K.-based Travel Risk Academy envisions a framework backed by technology initially designed for managing serviced apartments. The plan is to publish criteria for industry review by…
Airlines have focused for several years on sustainable aviation fuel as a critical part of decarbonizing aviation. Certain carriers evidently are willing to deepen negotiated airfare discounts for corporate clients making SAF investments. Several airlines have promoted sustainability programs in which corporate clients can participate, but financial incentives provided by airlines to their accounts as…
Based on feedback from corporate clients, travel agencies and a couple of old friends, American Airlines will reactivate the Corporate Experience program on Oct. 10, providing preferred seats at no fee and priority check-in, security screening, boarding and disruption recovery. According to a Wednesday message to corporate clients, the suite of benefits, which was taken…
Plaintiffs in several class-action lawsuits filed over the past 18 months accused hotel chains and third-party intermediaries, including STR and Amadeus, of conspiring to raise room rates. Some of them alleged anticompetitive effects from the use of sophisticated pricing algorithms. They also argued that the U.S. luxury hotel market is heavily concentrated among a few…
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