November 2017 News Archive

The growing importance of risk management in business travel planning

Image credit: cofotoisme via iStock
Friday 24th November 2017

Businesses across the world are paying greater attention to the importance of managing foreseeable risks when developing their approach to corporate travel.

This development has been highlighted in the latest Ipsos MORI Global Business Resilience Trends Watch for 2018, commissioned by International SOS, which has shed light on the role that Travel Management Companies (TMCs) can play...

How is the "bleisure" trend influencing the business travel market?

Image credit: LeszekCzerwonka via iStock
Wednesday 22nd November 2017

One of the most important considerations for Travel Management Companies (TMCs) is keeping abreast of behavioural changes among business travellers that affect the way they make use of travel services.

In the last few years, a prominent example of this has been the so-called "bleisure" trend, which sees people combining their business trips with a leisure component, and a new...

How can data analysis help your TMC better understand travel trends?

Image credit: guli studio via iStock
Thursday 16th November 2017

In today's data-driven world, it is becoming increasingly important for Travel Management Companies (TMCs) to invest in analytics to help them keep abreast of the latest market trends.

This has been highlighted by a new report from the Association of Corporate Travel Executives (ACTE) and American Express Global Business Travel, which has underlined the key role that internal and...

Are TMCs doing enough to deliver traveller-centric services?

Global business travel sector to boom (Image: iStock/anyaberkut)
Tuesday 14th November 2017

As travel technology becomes more sophisticated, business travellers' expectations of the services that Travel Management Companies (TMCs) provide are growing.

This is according to a new study from the Association of Corporate Travel Executives (ACTE) and American Express Global Business Travel, which has highlighted the benefits of taking a more "traveller-considerate"...

How can TMCs adapt their services for the Chinese market?

Image credit: Roland Magnusson via iStock
Thursday 9th November 2017

China has become a strategically pivotal market for businesses across the world in the last few years, and Travel Management Companies (TMCs) are no exception to this.

However, firms that wish to maximise their potential in this powerful emerging economy will need to tailor their service offering according to local trends, a new report from EyeforTravel has demonstrated.

The...

Digitalisation 'to help drive global business travel market growth'

Image credit: FeelPic via iStock
Tuesday 7th November 2017

Travel Management Companies (TMCs) can expect the accelerating digitalisation of the global travel market to be translated into tangible business benefits in the coming years.

This is according to a new report from market research analysis firm Technavio, which has forecast the worldwide business travel market will expand at a compound annual growth rate of more than five per cent...

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