Travel Management

How to Write an Effective Company Travel Policy

Writing an effective company travel policy, which is designed to help a company’s business travelers follow its travel booking and reimbursement procedures, is a tricky task.   As Suzanne Wolko, a Luxury Travel Advisor and Consultant for Arden Road Travel who has over 20 years of experience in travel management and finance, tells us: “Writing […]

Working Virtually Around the Globe: Managing and Working in a Virtual Team

According to Globalization 101, “globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.” Even though globalization is not a new process in history, due to advancements in technology and the economic needs of open […]

End-to-End Booking and the Future of Corporate Travel

What do you think of when you hear the word “travel”? Whether it means an exciting time exploring a new city, a relaxing day spent on the beach, or a busy day filled with work meetings, one major problem we all have to solve is how to make it from our origin to our destination. […]

Should Your Corporate Travel Plan Include the Sharing Economy?

While the rise of the sharing economy for everyday travel is well documented, perspectives on implementing sharing economy options into corporate travel programs are mixed at best. Some striking thoughts from corporate travel managers in a 2015 research white paper from ACTE Global and American Express Global Business Travel illustrate the controversy. A Head of […]

“Business Travel Ready”: How to Implement the Sharing Economy Into Your Corporate Travel Policies

Two of the largest sharing economy platforms, Airbnb and Uber, have set their sights on a very lucrative industry: corporate travel. With Airbnb’s third-party booking options and “Business Travel Ready” properties (which have Wi-Fi, mostly 5-star ratings, and 24-hour check-in), many of the concerns travel managers originally had with sharing economy accommodations are now being […]

Airbnb Keeps Revolutionizing the Travel Industry: The Release of Third-Party Booking Simplifies Business Travel

There’s no denying that Airbnb has created a big revolution in the travel industry since it started operating. When on vacation, many travelers are beginning to prefer living the local experience, booking private rooms or entire homes through this portal.   This trusted online community marketplace, founded in 2008 and based in San Francisco, California, […]

The Rise of the Sharing Economy in Business Travel

Since the sharing economy seems to be gaining ground with everyday travelers, should corporations take advantage, too? This article explores the benefits and challenges of the sharing economy as it relates to corporate travel.

The Biggest Expense Report Hassles for Travel Managers

In an April 2015 Aberdeen Group report, Vice President and Research Group Director Bryan Ball asks, how close are businesses to “achieving the expense report that writes itself?” In short, he says, we are “closer than you might think.” Despite Ball’s optimistic predictions and clear explanations of technologies that are undeniably making the travel expense […]

How Travel Managers Can Resolve Expense Report Headaches

In a previous post, we discuss common expense reporting hassles. There are a variety of approaches that can be used to resolve common expense reporting headaches. Some approaches may cost more money—at least in the beginning—but can save companies time and money in the long run. These strategies might be especially useful for in-house travel […]

Five strategies to improve your company’s travel policy compliance

An August 2015 survey of over 350 corporate travel managers or buyers by the Association of Corporate Travel Executives (ACTE) revealed that 72% of travel managers have not yet achieved their desired travel policy compliance level. With compliance being key to company savings as well as traveler safety, it’s important to consider strategies for improving […]