May 24, 2012 - 09:00 AM ET
The team behind the
Global Business Travel Association Foundation's newly formatted hotel request-for-proposals
template said the document would greatly increase efficiency and reduce errors
in the often-tedious process, although it expects most buyers...
May 22, 2012 - 11:50 AM ET
Accor signed an
agreement to sell the Motel 6 and Studio 6 brands to a Blackstone Real Estate
Partners affiliate for $1.9 billion.
May 21, 2012 - 10:10 AM ET
Concur
is initiating discussions with airlines to enable "open bookings"
that would give corporate clients the ability to enforce policy, apply discounts
and track transactions when travelers book on airline websites.
May 18, 2012 - 10:35 AM ET
A Barcelona-based company is selling booking data globally to airlines
that in some cases identifies ticket sales to individual corporate clients.
May 17, 2012 - 07:20 AM ET
For
the past two years, First Data global strategic sourcing director Pamela McTeer
has "run a circle" on her company's travel category management,
moving through assessment, strategy development, implementation and measurement
before restarting the...
May 17, 2012 - 07:10 AM ET
Payment
fraud incidents in 2011 declined to the lowest level in seven years, according
to the Association for Financial Professionals' 2012 Payments Fraud and Control
survey. Even so, "two-thirds of companies experienced attempted or actual
fraud...
May 15, 2012 - 10:25 AM ET
An
annual survey of more than 500 senior finance executives at large firms found
they are "holding the line on travel spending," contrasting the
"positive signs to increase their budgets" respondents noted in 2011.
May 10, 2012 - 03:25 PM ET
It's
fashionable to say business travelers increasingly are going rogue, but that's
neither new nor true in absolute. While some commentary and certain data of
late have supported the going-rogue theme, others have not. Dozens of recent
interviews...
May 10, 2012 - 02:50 PM ET
The
foundation of the travel industry used to be the strong bonds nurtured between
the providers and the buyers of travel products and services: Partnerships.
Partnerships were the building blocks for many things. They often guided
communications...
May 09, 2012 - 03:10 PM ET
Try as they might,
rental car firms this year have struggled to increase rates on corporate
clients, with commercial pricing down by as much as 5 percent year over year. Corporate
demand for rental cars, however, has grown, as evidenced by an increase...
May 04, 2012 - 12:15 PM ET
Preferred
hotel blackout dates—those periods when negotiated rates are not available for
booking—are on the rise, according to some travel buyers, citing blackouts as
long as weeks or even a month. Increased travel demand and higher levels of
sophistication...
May 03, 2012 - 03:00 PM ET
Rare
are the times when hoteliers are frustrated by too much demand, but a tsunami
of electronic meeting requests for proposals, many including dozens of
properties and triggered by the rise of a few third-party RFP applications, has
left properties...
May 02, 2012 - 03:50 PM ET
Few
travel and meeting expense management "deficiencies" or policy
violations are exposed in Congressional hearings such as those last month on a
U.S. General Services Administration event held in Las Vegas. Nor are they
typically detailed in inspector...
May 01, 2012 - 04:15 PM ET
If
you negotiate a corporate travel contract, how do you ensure that travelers use
it? A technology startup has delivered customized point-of-sale messaging to
employee computer screens to curtail leakage in travel, office supplies and
other procurement...
May 01, 2012 - 02:35 PM ET
Four Points by Sheraton, Residence Inn and Disney
Parks and Resorts are the most environmentally efficient upscale hotel brands,
according to a new study by sustainability technology company Brighter Planet.