This post is part of the 2015 Keynote Vote for The Beat Live, in Arlington, Va., Sept. 29-Oct. 1.
Topic: The Sharing Economy: Travel Manager Friend Or Foe?
With the national corporate travel marketplace projected to hit $310 billion by the end of 2015 and opportunities of the greater meetings and events industry estimated to be over $500 billion, it's no surprise sharing economy startups like Airbnb and Uber are starting to target corporate travel dollars.
As traction with this group gains, travel and meetings management professionals are being forced to reevaluate their "old school" management models and think about how they can adapt policies and processes to not only play nicely with these startups but benefit from them as well.
This session will discuss the pros and cons of engaging in the sharing economy for today's travel managers.
Insights will include:
- Revenue impact
- Duty of care
- Supplier negotiations
- A peek into the corporate travel ecosystem of tomorrow
Kevin Iwamoto is Lanyon vice president of industry strategy.