This week marks the end of the first half of 2020 -- and what an adventure we’ve taken together. The corporate travel industry has been on the front lines navigating a constantly changing global situation all while caring for colleagues, keeping track of costs, and communicating with peers and partners. As we look back on the first six months of 2020, we’re filled with a sense of pride and respect for how far we’ve come despite the challenges.
Here at TripActions, we’ve added to our team with the smartest, most innovative teammates — most recently welcoming expenses and payments leader Robin Gandhi to the TripActions team as Vice President of Payments. We’ve also continued to grow our list of partners and suppliers, just last week announcing a partnership with Europe’s leading independent rail and coach travel platform Trainline. We’ve continued to work hard to elevate the travel experience — bringing a new level of self-serve tools to the market to support our customers as they begin traveling again.
And we’re grateful that our community of corporate travel, finance, HR, and risk leaders along with road warriors can feel the impact of these initiatives. TripActions is ranked the leading software solution for corporate travel management, expense management, and travel & expense management by users on G2.com — noting TripActions as a leader for the sophistication of its technology and ease of use as well as its market presence around the world. Everything we achieve and can deliver to our users is thanks to our team: diverse, forward-thinking, and hard working.
As you continue to navigate next steps for your organization on your path to getting back to business and travel safely and cost effectively, we urge you to make the task a little simpler by using the free-to-the-public TripActions Business Travel Recovery Tool or the COVID-19 Report in the TripActions Admin Dashboard to assess the safety of travel, understand any government regulations associated with travel, and review other pertinent real-time data to help guide your business and travel policy decisions. Plus explore the most pressing industry topics on the TripActions Community of travel managers, finance leaders, HR professionals, and more.
Now, let’s dive into what’s happening across the industry today. You can check out past weekly news roundups here.
The Skift team reassessed its original 2020 mega trends, released in January prior to the outbreak of COVID-19, and found significant changes. One of the trends highlighted — Travel Payments Find Path to Painless — will actually be accelerated by the pandemic and health concerns. The Skift team specifically highlights TripActions Liquid’s ability to streamline the use of virtual cards enabling more contactless purchases and easier reconciliation. We are excited for business travel to return, but the pandemic hasn’t stopped TripActions from delivering on its promise to make the process of corporate travel and expense better than ever.
Business travel has changed forever, but the power and necessity of forging in-person connections has not. Leaders from Hyatt, OpenTable, Rosewood Hotels, Vail Resorts, and Airbnb talk to Fast Company about the trends they are seeing across the globe and the role that corporate travel will play in getting the world back to business, safely.
The New Rules of Travel for Road Warriors [Bloomberg]
Seasoned road warriors already knew to book the first flight of the day to avoid delays… now those early departures also offer the best odds at cleanliness, Points Guy founder Brian Kelly told Bloomberg. Frequent business travelers have the best travel hacks, but they’ll need to add a few new ones to ensure they’re minimizing risk getting from point A to point B in the coming weeks and months.
European Aviation Asks for Sustainability Support in COVID-19 Recovery [Travel Daily News]
With the gradual restarting of passenger air transport, leaders from a dozen+ associations representing Europe’s aviation sector issued an urgent call for EU leaders to prioritize specific decarbonization initiatives in their allocation of COVID-19 recovery funding. European aviation continues to reel from the sudden collapse of the air transport system and is amongst the sectors most impacted. But these challenges are compounded by the need to meet ambitious climate change goals going forward. Capital will be critical to ensuring that these companies can get back to business in a way that supports, instead of hurts, the environment.
Japan Restarts Business Travel [Nikkei Asian Review]
Japan last week announced it would ease restrictions on business travel, starting with countries with relatively few coronavirus cases rather than major destinations that would present logistical or diplomatic challenges. The decision marks progress in Japan's effort to determine how best to resume travel quickly and safely as other countries also reopen their doors. China started welcoming business travelers from South Korea last month and the European Commission is publishing its formal July 1 border controls this week. Japan is among the most impacted nations with the cancellation of the 2020 Olympics — and its return to business travel will surely hold lessons for others that remain a few weeks behind.
For more news and actionable insights from the business travel community, subscribe to Open for Business: A Corporate T&E Podcast Powered by TripActions on your favorite podcast platform.