Business Travel News

These articles explore key aspects of the industry, including travel buyers, distribution, duty of care, and loyalty programs, providing valuable insights for stakeholders and decision-makers. Travel buyers will find relevant information on the latest procurement strategies, negotiation tactics, and supplier relations, enabling them to make informed decisions and optimize their travel programs. In the realm of distribution, the archive covers the evolving landscape of booking channels, global distribution systems (GDS), and direct connects, shedding light on the challenges and opportunities in this area. The archive also delves into the critical issue of duty of care, emphasizing the importance of traveler safety, risk management, and compliance with ever-changing regulations. Learn also how companies are leveraging loyalty programs to enhance traveler satisfaction, drive cost savings, and foster long-term relationships with suppliers.

Skift Research

Business Travelers: A Multi-Country Survey Report 

Business travel spending is unlikely to reach 2019 levels in the near future as corporations are implementing stringent travel policies and the availability of video conferencing options is expected to displace a share of business traffic.

Business Travelers: A Multi-Country Survey Report 

News Blog

Lyft Names Former Amazon Exec as Its New CEO

Ride-sharing firm Lyft has appointed David Risher, a former Amazon and Microsoft senior exec, as its new CEO. Lyft's co-founders Logan Green and John Zimmer are stepping down from their respective roles as CEO and president, and moving into non-executive roles, the company revealed on Tuesday. Risher was employee number 37 at Amazon, and was…

News Blog

American Airlines Begins Layoffs in Corporate Travel Department

American Airlines' restructuring of its global sales team will involve the departure of three experienced senior leaders, Skift has learned. The reorganization impacts its U.S operations and includes a number of layoffs. Other global regions are set to follow, with the cuts coming just weeks ahead of its move to shift more of its airfares…

News Blog

Blueground Buys Corp Housing Provider Travelers Haven to Expand In U.S.

Greek startup Blueground has bought corporate housing specialist Travelers Haven to grow its footprint across the U.S. Denver-based Travelers Haven sources apartments on-demand through its software and a network of vendors, giving it access to up to 20,000 U.S. cities. Terms of the deal were not disclosed, but Travelers Haven reported $100 million of revenue…

News Blog

Companies Boost Spending on Flex Offices and AI, Cut Back on Travel

Company spending on co-working spaces is on the up, while business travel is declining, according to corporate card and expense firm Ramp. The clear winner is WeWork, but the report also pinpoints OpenAI, the maker of popular generative artificial intelligence (AI) chatbot ChatGPT, as another fast-growing budget winner. The latest Spending Benchmarks report from Ramp,…

News Blog

Business Travel Poses Biggest Challenge Globally for Hoteliers — Survey

Hotels have mixed feelings about business travel in 2023. On one hand the corporate travel and groups segment is the main area of focus for hotel revenue teams this year. But rather than staffing issues, business travel also represents their biggest challenge, according to a new Outlook & Trends 2023 Survey from revenue management software…

News Blog

Convene Buys UK Conference Provider Etc.venues for Reported $250 Million

U.S.-based meeting, event and office provider Convene has bought etc.venues, which now expands its footprint in the UK. Convene said the deal, announced on Wednesday, makes it the “largest provider of premium meeting and event venues in the U.S. and UK.” Terms of the deal were not disclosed, but according to reports is worth $246…

News Blog

U.S. Companies Trailing Rest of World in International Corporate Travel Recovery

Just half of companies located in North America are seeing international bookings recover to their pre-pandemic levels, according to a new poll. This latest data from the Global Business Travel Association delivers a dose of reality for the travel industry. Most travel agencies are predicting an eventual 70 percent recovery. The picture is a little…

News Blog

Airline Ticket Prices Are Fairer Indicator of Passenger Carbon Emissions Than Seat Size — Study

Premium, business or first-class seat are regarded as more harmful to the environment, because the passenger is taking up more space on the aircraft. Most countries tax them more, too. But according to a new study, allocating passenger aircraft emissions using airfares rather than travel class gives a more accurate idea of individual contributions, prompting…

News Blog

Amex GBT Restructures to Focus on Smaller Companies

American Express Global Business Travel is restructuring to focus on small and medium-sized companies, with layoffs expected in the first half of the year. Job losses are expected to be less than 2 percent. Amex GBT announced the overhaul internally on Tuesday, and expects to incur restructuring and related charges of $20 million to $25…