August 2017 News Archive

Is Brexit having a negative impact on UK business travel?

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Thursday 31st August 2017

The UK's decision to leave the European Union has had wide-ranging impacts on a variety of sectors, and Travel Management Companies (TMCs) are proving no exception to this trend.

Recent data from the Office for National Statistics has offered evidence that corporate travel in and out of the UK is facing a slump, despite the sharp fall in the value of the pound since the June 2016...

Dealing with business travel security concerns: practical steps for TMCs

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Wednesday 23rd August 2017

With an ever-growing number of security threats facing the global travel sector, it has never been more important for Travel Management Companies (TMCs) to take a proactive approach to dealing with these issues.

A recent report from the Association of Corporate Travel Executives and American Express Global Business Travel has demonstrated that many in the corporate travel sector are...

How do corporate travel spending habits differ among millennials?

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Monday 21st August 2017

One of the main reasons why Travel Management Companies (TMCs) are always having to update their service offerings is the fact that consumer habits are always changing.

Generational shifts are a key driver of this evolution, and there have been few transitions that have had more impact in this regard than the ascendancy of the so-called millennials, a generation of consumers whose...

The pros and cons of the most popular business travel payment solutions

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Thursday 17th August 2017

Payment solutions for corporate business travel have undergone significant evolution in recent times, with newer options such as corporate cards, lodge cards and virtual cards all gaining in prominence and popularity.

Indeed, a recent report from Business Travel iQ and Barclaycard has revealed that these three solutions are now among the most frequently-used solutions by Travel...

Are TMCs taking full advantage of modern card payment options?

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Wednesday 16th August 2017

In the last few years, the range of different payment options available to Travel Management Companies (TMCs) has increased considerably - but many businesses in this sector may not be taking full advantage of these advances.

This is according to a new report from Business Travel iQ and Barclaycard, which questioned 120 European travel buyers online in November and December 2016, and...

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