December 2016 News Archive

Travel companies expect prices to rise in new year

Travel companies expect prices to rise in new year
Thursday 15th December 2016

Due to uncertainty about how Brexit will affect the travel industry, it seems that holidaymakers in the UK can expect to pay more for trips in 2017.

According to a report by Travelzoo, British travellers will pay at least ten per cent more for holidays than they currently do, reports TravelWeekly.co.uk.

So far, Brexit has put huge depreciation on the value of the pound and oil...

Challenges TMCs are facing in 2016 and beyond

Challenges TMCs are facing in 2016 and beyond
Wednesday 14th December 2016

Digitalisation and personalisation are major drivers behind the way people travel and make decisions concerning journeys for both corporate and leisure trips.

But what is it specifically that modern travellers are looking for from these experiences? The Business Travel Magazine interviewed Sheilendra Tomar, director of business development at Applehouse Travel, who said that...

Travel overspend could be cut by 15% with existing policies

Travel overspend could be cut by 15% with existing policies
Monday 12th December 2016

It seems that employees at Travel Management Companies (TMCs) aren't enforcing corporate travel policies. These are practices that currently exist within the business, but aren't being carried out.

Research by Carlson Wagonlit Travel's (CWT's) Solutions Group identified this issue as a major challenge to a business' compliance. However, the company said that by...

TMCs still focussed on getting people from A to B

TMCs still focussed on getting people from A to B
Monday 12th December 2016

​Travel Management Companies (TMCs) are constantly adapting to incorporate new technology and give their customers what they want, but their main focus is still on helping their clients get from one place to another in a way that is cost-effective and seamless.

According to Buying Business Travel magazine, a main concern for TMCs is direct connect, which takes TMCs out of the booking...

Mismatched traveller information is affecting TMC revenues

Mismatched traveller information is affecting TMC revenues
Thursday 8th December 2016

Online credit card payments are subject to fraud, particularly when it comes to booking travel through third-party companies. Often, this isn't the fault of Travel Management Companies (TMCs), although it is still an obstacle to overcome. 

TMCs have a responsibility to protect their revenue from fraud but the measures used to safeguard their streams can lead to false...

TMCs need to target bookings from travellers on the move

TMCs need to target travellers on the move
Thursday 8th December 2016

Mobile devices and digital platforms have made it very easy for corporate travellers to make travel arrangements and bookings quickly and usually without any issues. 

In fact, smartphones are becoming the primary booking device of choice for most travellers, which mean that customer booking journeys have completely changed, which is something that has become clear to Travel...

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