Each new year brings a new outlook, and by measures both anecdotal and numerical, corporate travel demand is off to a strong start in 2019. This is on top of what has proven to be a healthy 2018 for corporate travel demand.
Australia-based travel management company Corporate Travel Management and Flight Centre Travel Group's corporate-focused brands this week reported solid growth in corporate travel transactions across their multinational operations and laid out further growth ambitions for the U.S. corporate market.
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Even if plenty of managed travel professionals reject the concept, players that incentivize corporate travelers to beat trip budgets have gained investors, partners and some user acceptance. The latest to market is Tripkicks, which was founded this year with backing from Acquis Consulting to set trip budgets and offer monetary rewards to managed travelers who come in under budget.
IBM and Travelport are launching a jointly developed data system for corporate travel programs that blends IBM Watson artificial intelligence capabilities with Travelport's real-time shopping and historical fare data.
BCD Travel is rolling out SAP Customer Data Cloud as the technological foundation for traveler identity management, consent management and profile management, BCD announced Wednesday.
New blood, new tech and new names are now a fixture of the managed travel landscape, following an era when far fewer travel tech startups explicitly pursued a corporate audience. The Beat reached out to industry veterans with one question: What would you tell a startup coming into corporate travel technology?