Demand for corporate travel lodging is accelerating but it's not just volume that's closing in on familiar territory. Average rates and the brands getting bookings also look more like they did in 2019, according to Tripbam data presented this month. "We are seeing a rapid increase in rate," said Tripbam CEO Steve Reynolds during his company's Feb. 8 webinar.
Best known for its hotel rate reshopping service, Tripbam has around 2,600 clients representing more than $10 billion in (pre-pandemic) managed spend. It's working to introduce automated air reshopping and updating its . . .