To achieve their retailing ambitions, airlines don’t just want to control distribution. Optimizing payments is also critical, according to some observers. Alternative models, methods and technologies that could help are in development, but the rise of rivals to the card has been predicted before. “Corporations seeking price breaks in markets where they influence load factors…
Change in the world of managed corporate travel tends to be slow. Blockskye’s project to annihilate costs in corporate travel processes has been in the works for several years and now that it’s happening, with a big assist from Kayak, it looks like a leap. Officials with the blockchain-powered travel management company startup declined to…
American Express Global Business Travel in September added Evan Konwiser to its C-suite, responsible for strategy and marketing. Konwiser on Monday brought his thought-provoking self to The Company Dime’s new platform for audio events, LinkedIn, with commentary on a variety of topics. Some fresh food for thought came from audience members who asked about how…
According to a BCD Travel paper published last month, travel companies “cannot ignore” the metaverse and some already are engaging with it despite confusion, hype and skepticism. The report suggested travel managers may harness virtual reality to “inspect and experience the products they’re offering” to traveling employees, “steer traveler booking behaviors,” help relieve travel stress…
Travel technology consulting veteran Norm Rose urges a push for smart contracts to improve the efficacy of negotiated corporate travel agreements. Emerging as the next generation of the internet, Web3 has a broad definition. It includes virtual reality in the metaverse, blockchain, token-based economics and decentralization of technology. For the corporate travel industry, the focus…
You can’t manage what you don’t measure, but how do you measure? That question has hindered the business travel sector’s assessment of environmental impact for years. Two-thirds of 216 buyer respondents to a GBTA poll this month said sustainability had prompted them to review travel policies — the most of any listed factor. Yet, in…
Glimpsing backward and forward, Fox World Travel chief information officer Sam Hilgendorf offers a primer on how self-sovereign identification works and a description of how it will impact business travel. When was the last time you felt in full control of your identity and personal information? For me, it was around 1997. I had my…
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