Latest in Business Travel: August to September 2021 Highlights

Marketing Team

August 16, 2021

Oversee’s latest news roundup offers an overview of recent developments, including strategic partnerships, industry predictions, and emerging tools to optimize travel management.

NDC content renewal with United Airlines and Amadeus partnership

Amadeus and United Airlines have recently renewed their distribution agreement, signaling a significant milestone in content distribution. This updated agreement incorporates New Distribution Capability (NDC) content, enhancing accessibility and choice for travelers. With successful pilot tests already conducted, the full launch is anticipated during Q3. Amadeus’ expanding portfolio of NDC agreements, including collaborations with major airlines like American Airlines, Air France-KLM, and Singapore Airlines, underscores its commitment to providing comprehensive NDC content across key regions. This development promises to empower travel managers with greater flexibility and access to a wider range of travel options, ultimately driving efficiency and cost savings.

Expanded insights from American Express Global Business Travel

American Express Global Business Travel has introduced several new features aimed at empowering travel managers with actionable insights. These updates include COVID-specific guidelines integrated into the booking process, ensuring travelers have up-to-date information on safety protocols for their destinations. Additionally, the introduction of the Live Travel Dashboard within the Premier Insights data visualization platform enables travel managers to track travel activity and make informed policy adjustments based on real-time insights. These enhancements complement Oversee’s disruption insights tool, which provides valuable data on unused ticket expiration, enabling proactive management of travel expenses and traveler safety.

Corporate Travel Recovery Trends According to Deloitte

Recent data from Deloitte indicates a gradual recovery in corporate travel activity, albeit below pre-2020 levels. To create the report, Deloitte surveyed 150 travel managers and executives in the United States. Based on the survey results, Deloitte predicts 2021’s fourth quarter will see about 25 to 35 percent of the business travel volume from 2019’s fourth quarter. For reference, the second-quarter spending in 2021 was only 10 to 15 percent of that from the same period in 2019.

SAP concur global business travel survey highlights requirements for corporate travel to recover

The SAP Concur Global Business Travel Survey offers valuable insights into traveler preferences and expectations. Key findings include a decreased level of stress during travel and a heightened emphasis on safety and flexibility among corporate travelers. This aligns with Oversee’s observations of increased identified savings across its customer base, reflecting a growing demand for tailored travel solutions. The survey underscores the importance of empowering travelers with options and flexibility, particularly among younger generations, who prioritize autonomy in their travel experiences.

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