Location, location, location drives many preferred corporate hotel partnerships as companies seek to leverage their buying power with properties near headquarters or frequently traveled destinations. But price, included amenities such as Wi-Fi, breakfast and parking, and the availability of negotiated rates when travelers request them ranked as other important factors as companies contract preferred suppliers, according to a survey of corporate travel decision-makers focused on driving high compliance with their hotel programs.... Download Now!

To assess how their own travel costs, policies and performance metrics stack up, many companies have long sought ways to bench¬mark against others. More than half of companies recently surveyed for ARC by The BTN Group said they benchmark against other compa¬nies in their industry or others served by their travel man¬agement company. About 45 percent said they benchmark against other companies or organizations with similar spend or travel patterns, while 28 percent benchmark against other companies or organizations in their geographic area. Nearly one-quarter said they don’t benchmark externally.... Read More

Led by double-digit growth in China, business travel spending in the Asia Pacific region now comprises 40 percent or $494 billion of the $1.2 trillion 2015 global market. While growth has slowed to an annual average rate of 7.6%,1 some estimate that the Asian business travel market will “grow four times as fast as in North America and more than twice as fast as in Europe” by 2018. By 2025, one forecast expects “corporate travel spending in Asia Pacific will have doubled...... Download Now

The complicated task of sourcing travel management services and building effective relationships is not getting any easier. The discipline of travel management is evolving amid changes to organizations’ requirements and priorities, and to traveler expectations and attitudes. At the same time, technology advancements behind the scenes and in the palms of end users’ hands lead some to question the appropriate role for travel management companies.... Download Now