Corporate travel tips

Clarity Business Travel, a corporate travel agency based in the UK, plans to purchase two corporate travel businesses for £36.5 million ($46 million).

Corporate travel agency TripActions this week secured $400 million in credit facilities from Goldman Sachs and Silicon Valley Bank, which it said it will use to “accelerate the expansion of its customer base.”

American Express Global Business Travel continues to benefit from the ongoing rebound of business trips. In particular the reopening of countries in Asia Pacific, barring China of course, bodes well for the world’s biggest travel agency.

Rising airfares and travel costs are prompting legal professionals involved in dispute resolutions to return to video conferencing.

If you’d thought Silicon Valley’s TripActions was running out of steam as we head towards the year’s end, after its acquisitions and extensive fundraising, think again.

Corporate travel agencies are facing new pressures to separate their bundled services from company travel managers looking to cut costs and add flexibility.

The situation on the ground in China isn’t ideal as the country readies to remove its travel restrictions this weekend.

Airfares on key corporate travel routes are expected to rise by as much as 25 percent in 2023 amid high fuel prices, a stronger U.S. dollar and labour and aircraft shortages, a forecast from American Express Global Business Travel (Amex GBT) showed.

American Express Global Business Travel is restructuring to focus on small and medium-sized companies, with layoffs expected in the first half of the year.

The Biggest Innovators in Travel and Hospitality: 2022 Year-End Edition We’re back with another installment of inspiration in hotels and hospitality. Female-led luxury seemed to be a common theme this year, alongside those maintaining standards, leading teams, and executing on subtle touches for the people who notice. Here are a few brands, ideas, and services that deserved a hat tip in 2022.

Lyft is introducing a new sustainability dashboard for companies in the Lyft Business Portal.

A strategic partnership with Booking Holdings is helping expense management company Serko recover from the pandemic.

Everything got scrambled by the pandemic. Skift’s Senior Hospitality Editor Sean O’Neill gives an overview of 2023 Megatrends in the hospitality space, where a great merging in customer lives will start to challenge leaders in thinking outside the box.

U.S.-based meeting, event and office provider Convene has bought etc.venues, which now expands its footprint in the UK.

Just half of companies located in North America are seeing international bookings recover to their pre-pandemic levels, according to a new poll.

Hotels have mixed feelings about business travel in 2023.

Corporate travel agency TripActions is rebranding to Navan, Skift has learned.

Corporate Travel Management is investing in building back up its teams to prepare for the global travel recovery.

Greek startup Blueground has bought corporate housing specialist Travelers Haven to grow its footprint across the U.S.

Dutch hotel group CitizenM has signed 18,000 members to its “Plus” loyalty program that launched 10 months ago. But the company views the $12-a-month subscription as a means to grow its business rather than a revenue stream.

Company spending on co-working spaces is on the up, while business travel is declining, according to corporate card and expense firm Ramp.