Travel Industry Archives

Why TMCs are valid for corporate travel

Why TMCs are valid for corporate travel
Thursday 26th January 2017

Travel managers have a responsibility to ensure that their employees are well looked after when they take corporate trips.

In fact, Business Travel IQ states that a high quality of care for travellers should be one of their main concerns for this year and beyond. But how are they best equipped to maintain a good duty of care when employees are on their journey?

The answer lies...

2017 may be the year of chatbots in corporate travel

2017 may be the year of chatbots in corporate travel
Monday 16th January 2017

Chatbots emerged in 2016 as one of the best ways to increase and improve real-time consumer engagement in industries all across the world.

Many Travel Management Companies (TMCs) and others in this area of commerce have adapted this form of communication, as it not only increases engagement but also makes it easier to solve problems that may arise during a client's...

TMCs must take the lead on technology

TMCs must take the lead on technology
Thursday 12th January 2017

​According to the yearly American Express Global Business Travel Forecast, the corporate travel industry fluctuated heavily as a result of political and economic factors. The same report now states that 2017 could be a quiet year overall for business travel, but there are areas that could make this a more positive 12 months for this sector.

The Business Travel Magazine reports that...

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...

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