Tools like Yapta, Tripbam and FairFly claim to slash travel costs by rebooking airline seats or hotel rooms if they become available at a lower price after the original reservation is made. How does it work, what is the savings potential and are there any catches to what looks like a no-lose technology? The quest to find the best price for a flight or a hotel room always used to stop at the point of booking.  Once a traveller clicked to confirm a reservation, there was no further opportuni...

Travel management is becoming an increasingly multi-disciplinary practice, requiring significant input from stakeholders as diverse as finance, legal and marketing. What issues do you need to cover with each of them? “No man is an island” is the famous first line of a poem by the English poet John Donne. No person who manages a corporate travel programme is an island either. Whether your company has someone handling this role full-time or not, corporate travel has become such a dema...