This Week's Top Business Travel News
We’re so glad to be back in the flow of work after the holidays, waking up early on Monday morning to change the way the world moves, and getting to work with the best colleagues and customers in the process.
Here at TripActions, we started the new year by taking a look at 10 travel startups whose growth we’re especially excited to watch, a moment to reflect on The Point Guy’s perspective on loyalty that he shared at TRAVERSE 19, and dove into the details of carbon offsetting for business flights.
In the broader industry, stakeholders continued to reflect on the past decade and then look forward to what’s on the horizon for 2020.
You can check out all of our weekly news roundups here.
Now, here’s the top news of the week:
Skift is defining the trends that will transform travel in the coming year and decade. We’ve seen the inklings of these movements in the past and are particularly excited for some of these innovations to fully realize their potential for business travelers. For example, the evolution of travel payments will finally meet 2020 standards and a superior experience for corporate travel, aided by technology, will be the norm. Some of our team will be at the Skift Megatrends event in San Francisco this coming Thursday, January 16.
Who Bought Whom in 2019 [Business Travel News]
There were dozens of unexpected (and some expected) acquisitions throughout the last year. We’ve seen legacy players recognize that technology and a smooth customer experience is integral to building loyalty and respond by taking out their checkbooks. We believe that the real leaders, however, are those who continue to build a new product from the ground up and reimagine what’s possible. This is a great overview of acquisitions in lodging, air transportation, corporate travel management, events, payments, and distribution.
Survey Reveals 5-Year High for Corporate Travel Budgets [Travel Daily News]
European corporate travel buyers polled by Business Travel Show are expecting to have larger budgets in 2020 than the previous five years. The buyers forecast managing more trips with higher spending. TripActions will be at the Business Travel Show next month in London.
This one woman’s perspective points to something that we’re excited to see more of in 2020: Women in leadership. Here at TripActions, women are a formidable part of our leadership and diversity is a core value of what drives how we work and how we build our product.