At the GBTA conference in Chicago, GBTA and CWT, with the support of Rockport Analytics, released the travel trends forecast for 2019 and beyond. The travel trends forecast analysed both macroeconomic trends and pricing trends emerging in air, hotel [ ... ]
The travel management profession is probably well aware of the need for data to drive decisions. Whether it is supplier management or policy promotion, data underlies everything most travel managers do.
Even though the travel industry acknowledges th [ ... ]
Traditionally, business travel has always been “policy first”. When travellers remain on policy we save money and control risk. Duty of care is also manageable. Everyone is happy.
Enter the millennial workforce, often called the “job-hopping generati [ ... ]
You are waiting at the airport. As you glance at the departure board you see the red digits spell out a word – delayed. We can safely say that neither travel managers nor travellers are fond of it. Flights need to be rescheduled, meetings need [ ... ]
How to use artificial intelligence to improve data quality
Sometimes we see artificial intelligence as little more than a buzzword. We are incessantly told that it is set to change the way we work but it’s often difficult to see how the theoretical capabilities can translate to making a difference in reality [ ... ]
Businesses have been going mobile for quite some time now. While expanding their operations requires them to get people with the right skills in the right place at the right time, frequent business travel to other countries is becoming an everyday re [ ... ]
GBTA predicted that, by 2020, worldwide corporate travel spend will reach $1.6 trillion — a whole 25% more than it was in 2015.
Managing spend in Travel is no easy business. In fact, Travel ranks as the second most difficult expense category to manag [ ... ]
Clean up the mess! How to avoid poor data quality in a business travel programme
Everyday we see TMCs and other data specialists boast about new, innovative solutions. We hear about digital assistants, predictive analytics and pre-trip data making data analysis as close to real-time as possible yet, often, one of the most untold [ ... ]
From policy to technology: how to effectively manage risk
Risk is an inevitable part of any business function, however, as most of us know, there has never been a category with as large a number of uncontrollable and unforeseeable variables as Travel. Uncontrollable variables often equals increased risk. Le [ ... ]
Introducing the 100 Club at the Business Travel Show 2019
Turning 25 this year, the Business Travel Show offered the amazing inspiration and insight we usually come to expect…. and a little more.
Introducing the 100 Club
Located near the café at stand B512, PredictX was discussing data and innovation with [ ... ]