February 2015 News Archive

TMCs: Understanding Millennials

Anecdotal evidence from Buying Business Travel shows Millennials are different
Thursday 26th February 2015

Millennials are defined as anyone born between 1980 and 2000, and one thing you can say about them for certain is that their influence on society and in business is growing. 

According to the Deloitte Millennial Survey, millennials will make up 75 per cent of the global workforce by 2025. 

Barry Salzberg, chief executive of Deloitte Touche Tohmatsu, warned that in...

Caring for a company's road warriors

Companies switching travel buying responsibility to HR
Thursday 26th February 2015

Companies are beginning to realise that corporate travel is no longer a procurement function, but rather something that needs to be managed by HR. 

That was the premise of the discussion at the Business Travel Show's Hosted Buyer Pre-Show Conference, and it seems an increasing number of companies are towing this line. 

Moving travel to HR is "a good PR...

Research shows TMCs embrace data and mobile booking tech

Capturing data is vital for TMCs, research shows
Wednesday 25th February 2015

Travel management companies (TMCs) need to understand and embrace technology if they are to succeed in an increasingly competitive environment. 

Every day TMCs produce data about hotel bookings, flights, itineraries, orders and invoices and for many different clients. Trying to make sense of that data requires time and technology.   

Indeed, the Carlson Wagonlit...

TMCs - how to ensure a good relationship with clients

Understanding clients is key to success
Tuesday 24th February 2015

In order to be a successful travel management company (TMC), it is essential to understand clients and their needs. 

Plan ahead 

Every effort must be made to check who the stakeholders are in a company and ensure they all understand the value and importance of a good TMC. This could be the people who use the service directly, as well as employees in...

Rise in number of serviced apartments joining industry body

Serviced apartments rise in popularity
Tuesday 24th February 2015

The Association of Serviced Apartment Providers (ASAP) has said it expects to double its membership by the end of 2015. The prediction comes in the wake of news that the number of serviced apartments becoming members of ASAP has risen by 20 per cent over the last quarter. 

James Foice, managing director of ASAP, suggested the increase was partly driven by the fact more...

More business passengers using Eurostar

The Eurostar has enjoyed a great deal of success in the third quarter of 2013
Thursday 19th February 2015

A rise in the number of business travellers taking the service has helped Eurostar to record growth in both sales revenues and overall passenger numbers for 2014. 

The number of people using the service who travelled in business class rose by four per cent last year compared to 2013. 

Overall, some 10.4 million passengers travelled on the service in 2014, which was...

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