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Pre-trip approval – is i..
07.01.2021 - Case story
Requiring travellers to get the green light for their planned journeys is coming back into fashion. But what seems like a sensible idea in theory can end up costing a company more in practice, without careful planning. Pre-trip approval – when companies require employees to obtain clearance before confirming a flight or rail booking – goes in and out of vogue. Right now, it is regaining popularity. In the United States, the percentage of the country’s top 100 corporate travel...
Bleisure – a pleasure or..
Allowing corporate travellers to add leisure time to their business trips makes good sense from an HR perspective but can create problems such as added costs and distorted data. The concept isn’t new. The word to describe it is. Business travellers have long been tempted to fit a day or two of personal time into trips they take for their company, but now this habit has acquired a name: “bleisure”. A study of 675 North American business travellers by the Global Business Travel...
Easy money – why FinTech..
Virtual, mobile and invisible payments and up-and-coming blockchain technology all promise to make corporate payments far faster, more compliant and better audited than ever before. FinTech – financial technology – is one of the trendiest buzzwords in the business world right now. It describes how digitisation, especially the use of mobile, is shaking up a sector that, in the case of corporate travel payments, had previously remained little changed for decades. “Before, you co...
Direct airline distribut..
Airlines are building direct channels to sell not only seats but ancillary services to their corporate clients. That could produce benefits such as more customised corporate deals, but it may cause problems too if it starts to fragment the distribution process. The travel management press has carried several stories in recent months about new channels for airlines to sell tickets to their corporate clients. These options challenge the long-established process of airlines loading fares (usually...
The shock of the new – h..
Strong employee demand is pressurising businesses to let their travellers book Uber and Airbnb, even though these new ground transportation and accommodation “disruptors” raise duty of care and other management challenges. The enormous numbers tell their own story. Two billion rides have already been booked through Uber. More than 160 million bookings have been made through Airbnb. Both of these relatively new players in ground transportation and accommodation have been enthusiastic...
New tricks – how to find..
Even if you already have a smooth-running policy and impressive supplier discounts, there are always new ways to reduce your cost of travel. Hollywood has a saying that you are only as good as your last movie. Travel managers know this feeling too. They may have performed miracles in creating a preferred supplier programme that delivers low prices to the company, yet as soon as they achieve success their bosses want even more. But if you have built a mature travel programme that has already pul...
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