Oversee proudly announced at GBTA Orlando that we are adding a Hotels solution product to our existing (and might we add, award-winning) air re-shop platform! This latest addition, which is currently in its final beta round, will enable travel and finance leaders to access the best available hotel rates for corporate travel, from pre-booking until check-in.
During the pandemic, many businesses turned to Zoom (or a similar tool) as a replacement for corporate travel. Now that the world is opening back up again, travel is once again a possibility – and this leads to many companies wondering whether Zoom is a feasible replacement for corporate travel for the long term.
The world of travel is constantly changing. From fluctuating prices to changing travel restrictions, travel tracking has become crucial. It is not enough to just track the prices to get the best deal. It is also crucial to track which flights are typically on time versus those that are delayed, especially for business travelers. In the current climate, you also have to track testing and quarantine requirements.
The latest poll from the Global Business Travel Association shows that business travel is experiencing a rebound. In the poll, 40% of respondents said that their work has already restarted on non-essential business travel. The poll also found that 74% of respondents felt that employees are either “very willing” or “willing” to travel for business.
Companies that rely on business travel have dramatically changed their strategies and plans during the COVID-19 pandemic due to the risks. With vaccination efforts well underway, air travel is starting to return to a new normal.
However there are ongoing complicated discussions about whether businesses can require employees to get the vaccine. This issue is even more critical for corporate travel.
Traditionally, travel managers rely on travel management companies (TMCs) when booking for travel needs. These TMCs are known for finding great deals and being the best time-saving option available. However, travel managers at larger companies who remain responsible for global travel programs are starting to realize that TMCs are no longer enough on their own.
The travel restrictions and economic slump brought on by COVID-19 have been a major operational challenge for travel managers, to say the least. You’re not only managing an onslaught of canceled flights, refunds, and unused tickets, but you’re also likely dealing with heavily reduced budgets. But with this disruption comes a unique opportunity.