February 2018 News Archive

Millennial business travellers 'seeking always-on support from TMCs'

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Tuesday 27th February 2018

Cutting-edge digital support and the ability to provide an 'always-on service' are among the most in-demand features that millennial business travellers are now seeking from their Travel Management Companies (TMCs), new research has shown.

According to a survey of more than 11,000 travellers spanning 19 countries from travel commerce platform Travelport, almost half (44 per...

Business managers 'looking to TMCs to help them handle GDPR'

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Monday 26th February 2018

Businesses investing in corporate travel will be looking to Travel Management Companies (TMCs) to take the lead in navigating the challenges posed by the new General Data Protection Regulation (GDPR).

This is according to a new survey by the UK travel association ABTA, which has underlined the importance of all organisations in the corporate travel space taking the time to prepare for...

The growing importance of cashless payments for business travellers

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Friday 23rd February 2018

2018 may be the year in which Travel Management Companies (TMCs) that have not yet fully embraced cashless payments to take the plunge, as customer demand is increasingly starting to make this a necessity.

A new report from Barclaycard has shed light on this trend after surveying 250 travel decision-makers, with the results revealing that 29 per cent of travel managers have seen a rise...

Travel sector sentiments on new airline distribution standards 'seeing positive shift'

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Wednesday 21st February 2018

Travel Management Companies (TMCs) and other travel sector businesses are feeling increasingly positive about the airline industry's recent implementation of its New Distribution Capability (NDC) standard.

The International Air Transport Association (IATA) has been rolling out these new airline distribution standards over the last few years, ushering in a uniform XML-based data...

How are generational shifts transforming tech use among business travellers?

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Monday 19th February 2018

As habits among new generations of business travellers shift, Travel Management Companies are under growing pressure to update their approach to technology accordingly.

This is according to Dr Martin Buck, senior vice president of the trade fair company Messe Berlin, who told Tnooz that tech usage is becoming more prominent as Generation Y and Z employees start to travel more for...

How can virtual payment solutions deliver direct savings for travellers?

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Friday 9th February 2018

Travel Management Companies (TMCs) that introduce virtual payment technologies could be able to deliver substantial direct savings for business travellers.

This is according to a new report from the global hotel solutions company HRS, which has analysed data from 30,000 corporate hotel bookings to assess the impact that centralised virtual payment solutions can provide within the...

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