Welcome to the first Monday morning in the era of ‘No Expenses’. Last week TripActions co-founder and CEO Ariel Cohen announced the arrival of a new day for business leaders worldwide. With TripActions Liquid™, employees and finance teams no longer have to deal with the hassles and frustrations of expense management and expense reports ever again. The announcement was followed by the insights, conversations, and discoveries of dozens of industry leaders as more than 3,000 people tuned into TRAVERSE 20 online. And news traveled fast. Industry and business publications heard about the era of ‘No Expenses’ and shared the details of what’s possible with TripActions Liquid on BTN, Skift, PhocusWire, and Fortune.
We’ll be diving deeper into why and how business leaders can take control of their finances and become more flexible and prepared for the future. We encourage you to stay tuned as well as use our free-to-the-public TripActions Business Travel Recovery™ Tool and our COVID-19 Report in the TripActions Travel Manager Dashboard to craft a return-to-business-travel plan. These will help you assess the safety of travel, understand any associated government regulations, and use other pertinent real-time data to guide your policy decisions.
You can also explore the most pressing industry topics on the TripActions Community, which offers valuable insight from travel managers, finance leaders, HR professionals, and others.
Now, let’s dive into what’s happening across the industry today. You can check out past weekly news roundups here.
Mitigating the Risks of Business Travel During the Pandemic [Security Magazine]
Because COVID-19 remains an evolving situation, it is imperative that organizations implement a comprehensive framework for return to travel just as they do for the return to the workplace or operations. This article reviews a strategic framework to consider when preparing for return to travel and includes six pillars that address safe business travel during the pandemic.
With no domestic air market, the country’s transportation minister is eager for a vaccine to increase its tolerance for international flights. In the meantime, however, the country is setting up bilateral arrangements with neighboring countries to maintain essential business travel. As it tests everything from travel corridors to testing on arrival requirements, Singapore will be watched to see what works best.
Southwest Business Sees Corporate Demand Stirring [Travel Weekly]
Southwest Airlines is starting to see encouraging signs of a pick up in corporate travel, Southwest Business Vice President Dave Harvey told BTN last week. Government business accounts for most of the activity followed by the healthcare industry and transportation. Businesses across all industries are removing their bans on corporate travel.
Airlines are operating more like startups these days with teams working around the clock to release new technology that gets customers through the gates and onboard as safely as possible. They’re leveraging existing technology and platforms, but innovating in the face of the pandemic in a way that will change how we travel forever — and for the better.
Airlines that depended on business travel for profitability are starting to entertain the idea that the world has changed for years to come. United Airlines is trying an experiment premised on the notion that a slice of businesses will maintain a larger remote workforce than they ever have before — which represents a major opportunity for the travel sector if done well.
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 and join the TripActions Community.