Business Travel News for the Week: October 19
Imagine a corporate travel platform so good that you want to book your vacation on it. TripActions recently enhanced the personal travel booking experience for our customers who continue to travel to visit friends and family even with some limitations still in place for business travel. Our persistent efforts at improving the product whether it be the introduction of new travel information or a completely new way to handle expense management all comes down to a single fact: Our users inspire everything we do.
While small improvements are a part of the daily grind, our mission is to completely revolutionize how you manage, book, and track travel and expenses. We’re crafting an experience so good that you’ll want to use it on and off the clock.
Which brings us to today’s news: The travel industry is seeing signs of growth and change. These are shifts that will impact how we travel for work and for play. With more employees working from home than ever before, these lines are starting to blur — which makes it more important than ever to have the best possible tools in place whether booking for work travel, extending your travel for pleasure, or you want the same great experience and care for your personal travel. So you can work hard and relax as we move through the end of the year and towards a brighter future.
We encourage you to continue to reference our free-to-the-public TripActions Business Travel Recovery™ Tool and our COVID-19 Report in the TripActions Travel Manager Dashboard in crafting 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.
Virtual Credit Cards: What are They? When, How and Why to Use Them [The Points Guy]
The Points Guy’s audience is incredibly knowledgeable when it comes to business travel, which makes this recent article outlining virtual cards a sign of just how much growth is ahead. We expect to see a substantial increase in the use of virtual cards and modern expense management systems — especially as the remote revolution continues. To learn more about how TripActions Liquid is moving payments and expense management forward, head here.
The Future of Hotel Design [New York Times]
The global situation has accelerated trends and changes that were already coming to the hospitality sector. Many of these changes will better suit the needs of business travelers who want to use their room as a gym, cafe, and workspace. With references around the country, this is an insightful read on what the designers behind your go-to hotel are planning for the future.
Although United’s CEO Scott Kirby expects air travel demand to remain lower than normal until a vaccine is widely available, he’s confident that the worst is over. He describes the aviation industry as having “turned a corner” and reports that the carrier has seen domestic bookings steadily growing. Some U.S. airlines are taking advantage of the moment to shift strategies and add service in new locations.
Is it possible that some frequent flyers are missing the skies so much that they’re bringing the experience home? Airlines around the world are now selling pieces of the in-flight experience. Qantas sold 1,000 stocked bar carts, Thai Airways opened a diner inside its headquarters, and the company behind United’s first-class nut mixes is now selling them online.
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.