MAKING A DIFFERENCE

Corporate Travel News

APAC business travel is rebounding strongly in 2023, primarily led by China's domestic demand.

What does the APAC business traveller look like right now?Food, premium services, and bleisure trips rank high for Asia’s road warriors.

Travellers who booked in advance saw rates surge from an average of S$693 (US$508) in 2022 to S$880 (US$645) this year.

It’s still busy in Singapore despite F1 rate spikeThe high hotel rates during Singapore Grand Prix are not deterring business travellers.

Hotel room demand remains strong, with Tokyo and Singapore topping costs.

Asia's airfare and hotel rates persistFCM Consulting's Q2 2023 report underscores strong domestic air travel demand, business class fare surges, and resilient hotel...

GBTA's report contrasts with its 2022 projection, noting quicker business travel recovery due to rebounding spending, driven by pent-up demand and economic improvement.

Business travel expected to hit $1.4 billion next yearGBTA's updated report highlights faster-than-expected business travel spending rebound.

Expedia reports 15% rise in autumn flight searches, and 20% in hotel searches versus 2022.

Fall travel demand on the riseExpedia, Hotels.com, and Vrbo's Fall Travel Forecast shows continued rise in autumn travel interest with increased flight and...

The panellists viewed AI as a promising technology that can revolutionise the corporate travel industry.

How innovation is shaping the future of business travelIndustry leaders explore new horizons in a rapidly evolving corporate travel landscape where innovation and sustainability take...

Commitment and alignment of long-term goals are crucial for a successfuly long-term partnership with TMCs.

Why TMC relationships should be treated like marriageJust like any long-term relationship, trust, communication, and shared goals are key for nurturing partnerships with TMCs.

Travellers would require more support and adjust to perma-crisis in relation to geopolitical shifts, socio-economic challenges and rising polarisation.

Travellers, get ready to deal with the perma-crisis modeInternational SOS predicts top five trends in 2023, including the need for organisations to “plan for the unplanned”.

While corporate travel is rebounding, the landscape has evolved and the industry needs to evolve along with it, according to Sabre.

As corporate bookings rise, so does the demand for low-cost carriersThere's a growing need for the industry to curate offerings for corporate travellers as priorities have drastically evolved.

Outlook for a complete recovery in 2023 is high, with 96% of travel suppliers positive that Covid-19 will no longer be a factor in bookings.

Business travel is halfway to the finish lineTravel managers polled in a GBTA survey indicate that international corporate travel has reached 50% of pre-pandemic levels.