Although the past few months have challenged the corporate travel industry and companies around the world, innovation is always born of challenge. By working together, we’re finding solutions, charting new paths, and preparing for a new professional landscape in which business travel plays an even more crucial role in connecting colleagues, clients, partners, and friends in person.
In the interim, we’ve found companionship and leadership through virtual meeting rooms where there is no limit on the number of ideas nor boundary on where they originate. Here at TripActions, we’ve hosted private discussion groups in our Office Hours and Workshops and talked through the big ideas in the TripActions Community. We’ve also explored the multifaceted responsibilities and roles of everyone involved in corporate travel on Open for Business: A Corporate T&E Podcast Powered by TripActions. And we’ll continue to do so, until we meet again.
While we can’t wait to see one another in person, we are excited by the progress being made to resume business travel in the safest way possible. Join us -- we’d love to hear from you.
With some major companies announcing a permanent shift to remote work or a hybrid model that integrates working from home and an office, there is a lot to be discussed around the future of work. In a world in which we primarily work from home, business travel becomes even more crucial as means to connecting employees, moving forward on major, long-term projects, and connecting face-to-face at regular intervals. We are invigorated by the conversations.
The relationship between travel manager and business traveler is a two-way street, and there’s never been a better time to sit down and talk about each side’s roles, responsibilities, concerns, and challenges. Business travel performance experts talk through the power of 1:1s and how we can use this time to learn more about one another and craft more comprehensive, successful policies for the future.
While traditional business travel expenses might have temporarily decreased, finance leaders are working through new needs in expense and payments. The rise of flexible work environments means that employees may now need to expense equipment or tools — and they need a policy and program that makes that easy. Many finance leaders are talking about how they’ve used the current situation as an opportunity to completely rethink their approach to payments and expenses.
IHG is starting to see some optimistic signs of recovery especially in Asia where markets are rebounding and 90% of their properties are open. The global hotel group reported that new property construction is resuming, that leadership is starting to see room bookings pick up, and they are expecting to earn a higher percentage of hotel bookings in market during the next several months. Our community of hospitality experts and corporate travel managers discuss the implications behind the numbers.
To read more about the thoughts and questions on the top of corporate travel leaders’ minds, join us today on the TripActions Community.