April 2013 News Archive

Integrated systems offer better security

Credit card transactions bring their own security risks
Tuesday 30th April 2013

Cybercrime is a growing problem both for businesses and for individuals. As businesses depend more and more on computerised systems for all of their daily transactions, personal and financial data is being stored in more locations than ever, and it’s crucial to make sure that everything is protected not just against malicious attacks, but simple breaches of confidentiality and data...

Travel policies should focus on money in, not out

Corporate travel
Tuesday 30th April 2013

Businesses need to think about the revenue generated by corporate travel rather than the monetary cost, according to the chief executive of the Guild of Travel Management Companies (GTMC).

In his speech at the guild’s annual conference this weekend in Barcelona, Paul Wait argued that businesses should consider moving their travel management out of their finance and into their...

Increasing air capacity ‘critical’ for growth

Business travellers supported a third runway at Heathrow
Monday 29th April 2013

Just under four out of five business travellers feel that increasing airport capacity in the UK is either ‘very’ or ‘critically’ important for economic growth, according to new research.

The survey of more than 1,000 corporate travellers by Guild of Travel Management Companies (GTMC) found that half of respondents felt a third runway at Heathrow would be the...

Better data means better decisions

Businesses need the best data to make the right decisions
Monday 29th April 2013

The business travel market is complex, high-volume and hectic, and for travel management companies the fast-changing nature of the industry means that huge amounts of data are constantly being produced.

Passenger name records, client details and bookings made through global distribution systems (GDS) are followed up with credit card data and payment information. Of course, at every...

Better payment management helps firms run smoothly

Arranging payment for flights and other services needn't be a hassle
Friday 26th April 2013

If you want to grow and make a profits as a travel management company, you know you need to do more than offer an excellent service to your clients.

Of course, that front-facing element is important. You make sure that business travellers sent by corporate clients get to the right place at the appropriate time, and the booking process needs to be simple and efficient so that travel...

Iata blog to ‘dispel myths’ about NDC

Airline bookings will be shaken up by Iata's NDC
Thursday 25th April 2013

The International Air Transport Association (Iata) has started a blog to provide information on its New Distribution Capability (NDC), with the intention of dispelling myths and busting common misconceptions about the plans.

Development updates and commentary will be posted to the blog in what Iata refers to as a “mythbusting” exercise.

It is likely that the blog...

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