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March 3, 2020

Business Travel News for the Week: March 3

Samantha Shankman
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News
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The biggest news at TripActions and across the industry is the launch of TripActions Liquid. Our vision from day one has been to make work travel effortless so employees can focus on being there, not getting there. Now, we’re solving the next biggest pain point in business travel: travel payments. TripActions Liquid™ is the first-of-its-kind, end-to-end global corporate travel management + payments solution. In the same way that TripActions reinvented corporate travel management, TripActions Liquid is poised to revolutionize the travel payments space.

There were dozens of articles addressing the announcement of TripActions Liquid and how it’s expected to further revolutionize the industry. You can see our CEO Ariel Cohen talk about the new product on Cheddar or read about it in Business Insider, Skift, TechCrunch, PhocusWire or Silicon Valley Business Journal.

In other news, the global corporate travel industry also continued to confront coronavirus, which has arrived in cities across Europe and the U.S., putting an even larger emphasis on the importance of Duty of Care to travel managers. Combined, TripActions’ existing and the new duty of care features launched today give executives, operations, and people teams, and travel managers the tools and flexibility they need to respond to global crises like the coronavirus in real-time to protect employees.

You can check out all our weekly news roundups here. Now, here’s the top news of the week:

As Coronavirus Becomes a Two-Front War, Investors and Travelers Adapt [Crain’s Chicago Business]

Coronavirus continues to make waves across the globe. The U.S. Centers for Disease Control & Prevention has said that Americans should prepare for disruptions from the coronavirus outbreak beyond isolated cases. Duty of care is a daily practice, but it becomes especially important during times when travelers are stressed and employers are concerned.

Gen Z and Millennials ‘Drive Change’ in Corporate Travel [TTG Media]

No surprise here. Younger business travelers trust peers’ reviews more than those of previous generations, and they split their time between computer and mobile devices, according to Travelport’s recent survey of thousands of business travelers.

Cultural Experiences Add Competitive Edge to Co-Working [Skift]

In an interesting interview with CEO of co-working space NeueHouse Josh Wyatt, the co-founder of Generator Hostels and former Equinox Hotels chief, we learn why he thinks upscale co-working spaces with embedded cultural events represent something of an antidote to the norm in the sector. This blend between workspace and hospitality experience is born from a remote workforce that travels but always wants to feel at home. We, for one, are excited to see this space grow.

Delta Members Can Soon Earn & Redeem SkyMiles on LATAM Flights [The Points Guy]

Delta purchased 20% of LATAM last year as part of its plans to expand its footprint in South America and has started to introduce new flights to feed LATAM connections. Furthering the partnership, Delta SkyMiles members will be able to earn and redeem miles for travel on LATAM as of April 1. This is especially good news for entrepreneurs and growing businesses eager to expand in the Latin America market.

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