Business Travel News | Business Travel News
WEBBusiness Travel News is the leading source of information serving the managed business travel and meetings market. BTN provides business travel management professionals in multinational, large, midsize and small corporations with news, analysis, and research to help them better evaluate, select and purchase business travel and meetings for their companies.  www.businesstravelnews.com  
Corporate Travel 100 - Business Travel News
WEBBTN's 2021 Corporate Travel 100 Ranked: Total business travel spend for the largest 100 corporate travel programs measured by U.S.-booked travel volume rose again in 2019. U.S.-originating travel as estimated by BTN for these programs hit $11.8 billion, its highest point ever. Yet, the spend spread widened between the …
BTN's 2022 Corporate Travel Index | Business Travel News
WEBBTN's 2022 Corporate Travel Index reflects the per diem costs of business travel in 200 cities worldwide. Those costs are on the rise—and, strangely, that is good news if corporate travel buyers choose to look at the uplift as a sign of renewed travel industry health since it was eviscerated by two years and multiple waves of the Covid-19 pandemic.
BTN's 2021 Corporate Travel Index | Business Travel News
WEBBTN provided taxes and fees data for U.S. cities and calculated all full-year index rates. BTN will update hotel data quarterly. Car Rental Rates: Advito, DVI and Prime Numbers provided aggregated, anonymized, quarterly 2020 data for U.S. car rental rates booked by corporate clients across three car rental tiers, as well as local tax and fee data.
Hotel Rates Projected to Lead Price Rises in 2022 and Beyond
WEBNov 17, 2021 · However, as travel recovery gathers pace, average rates globally are expected to rise 13 percent next year to $135.66, and a further 10 percent in 2023 to $149.25 – still down from 2019's average rate of $158.93. In Europe, rates are expected to rise less steeply than the global average, increasing 10.4 percent year over year in …
Air Travel Distribution History | Business Travel News
WEBOct 28, 2018 · In spite of the controversy, over 95 percent of travel agents subscribed to a CRS in 1989, and 75 percent of airline tickets were booked through a travel agency, according to the DOJ. 1990s: Global Distribution Systems Emerge & the Internet Changes Everything. In 1992, the DOT addressed gaps in the Civil Aeronautics Board's 1984 rules.
Cathay Pacific Divides Economy Fare into Three Choices
WEBFeb 8, 2022 · Hong Kong-based carrier Cathay Pacific has restructured its economy fare into three levels—Light, Essential and Flex, the carrier announced. The new levels apply on flights departing from markets other than Hong Kong, according to a company spokesperson. The carrier also began rolling out the new fares by region in September 2021, officially ...
Corporate Travel Booking Tools - Business Travel News
WEBMay 3, 2019 · The first commercially available online booking tools for corporate travel developed in the 1990s. They trailed consumer online booking tools by three or four years but by the early 2000s were recognized as the inevitable future for corporate travel booking, as they focused on driving down costs and shopping/booking time. A technology-enabled, traveler-booked reservation in 2010 cost a ...
BTN's 2019 Corporate Travel Index - Business Travel News
WEBCar Rental Rates: Advito, DVI and Prime Numbers provided aggregated, anonymized, fourth-quarter 2018 U.S. car rental rates booked by corporate clients across three car rental tiers, as well as local tax and fee data. BTN calculated the index rates and will update the data online quarterly. Meal Prices: Under the direction of Lynn Minnaert ...
Microsoft - Business Travel News
WEBVirtual meeting options have become the default strategy for most travel requests and are embedded in booking workflows.. The company expects its will be many years before business travel returns to pre-pandemic levels, which reached $275 million in 2019. Sustainability continues to be a key concern. Microsoft in 2021 was the first corporate ...
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