corporatetravel posts
by Tom Johansmeyer (RSS feed) (10 months ago)
Apr 13th, 2011 at 8:00AM:
Business travelers shelled out more cash in the fourth quarter of 2010 than they did in any other since the recession kicked in. The latest report from the Global Business Travel Association shows an increased spend of $4.2 billion over the previous quarter. For all of 2010, business travel spending ticked up 3.2 percent – far ahead of the 2.3 percent originally predicted.
Now, hopes ...
by Tom Johansmeyer (RSS feed) (1 year ago)
Nov 12th, 2010 at 2:00PM: Business travelers are voicing their demands, and why should the airlines and hotels care? Well, this group of travelers is going back on the road, buoyed by all that corporate cash. According to travel industry research firm PhoCusWright, the U.S. travel agency/travel management company sector is set to surge 15 percent by the end of the year, compared to only 8 percent growth for the ...
by Tom Johansmeyer (RSS feed) (1 year ago)
Oct 21st, 2010 at 4:30PM: It's hard to tell who wants a business travel rebound: business travelers or the hospitality companies that cater to them. Routine road warrior jaunts suck, but there are executive retreats, training programs and other opportunities that do appeal even to the most jaded of the white collar folks.
So, the hotels are fighting to get business travelers back, according to Business Insider, and ...
by Tom Johansmeyer (RSS feed) (1 year ago)
Oct 1st, 2010 at 12:00PM: Did you see more suits at the gate this year? You probably didn't, but that doesn't mean businesses aren't spending more on travel.
The latest data from the National Business Travel Association, in a survey of 170 corporate travel managers in North America, indicates that corporate travel budgets climbed 5.5 percent in 2010, and they're set to gain another 4.5 percent next year.
But, it's ...
by Tom Johansmeyer (RSS feed) (1 year ago)
Apr 18th, 2010 at 3:00PM: When you think about it, $71.8 million in total compensation just isn't what it used to be. That's what Abercrombie & Fitch Chairman and CEO Mike Jeffries raked in for 2008. Meanwhile, the company he was skippering showed a profit of $254,000. Basically, A&F as a company – with all the resources available to it – earned the decent salary of a lower-level executive. So, it's no ...
by Tom Johansmeyer (RSS feed) (1 year ago)
Feb 14th, 2010 at 3:00PM: The latest study from the Virtuoso Travel Network sees international leisure and luxury travel on a pleasant trajectory, providing a glimmer of hope for the beleaguered travel market. Corporate travel, on the other hand, continues to lag, but that's a function of the economy and companies that will err on the side of fiscal conservatism for a while.
tweetmeme_url = ...
by Tom Johansmeyer (RSS feed) (2 years ago)
Jan 26th, 2010 at 3:00PM: Having to pay for internet access in hotels is nothing more than moronic. If the revenue is such a big deal, hotels should just slap the $9.99 -- or whatever it is -- onto the room rate and tell us they're giving it away for nothing. But, nothing's worse than spending $250 a night and having to pay another fee to connect to the web, which you're going to have to do even if you're on vacation, let ...
by Tom Johansmeyer (RSS feed) (2 years ago)
Dec 29th, 2009 at 3:00PM: Everybody seems to want the travel market to recover next year, but it looks like more time will be spent in yards, instead. According to a new USA Today/Gallup poll, only 16 percent of us are going to hit the skies or crash in hotels more than we did in what will go down in history as a dismal 2009. Close to a third said they are going to spend less time in guestrooms and cramped plane seats. The ...
by Tom Johansmeyer (RSS feed) (2 years ago)
Nov 25th, 2009 at 8:00AM: "Corporate," "database" and "morale" usually don't show up in the same sentence – at least not without some sort of negative word nestled in there. Images of tedious data entry are conjured, which does nothing for your state of mind while on the road. Yet, these words can be joined, and the resulting concept can be a gold mine for any company with legions of road warriors. Every employee ...
by Tom Johansmeyer (RSS feed) (2 years ago)
Aug 10th, 2009 at 8:00AM:
tweetmeme_url = 'http://www.gadling.com/2009/08/10/seven-trends-that-will-change-business-travel/'; tweetmeme_source = 'Gadling';
Obviously, the recession is changing the travel business. You've heard it all before – and if you've flow or stayed in a hotel lately, you've undoubtedly seen it. Sometimes, the big issue of the day can mask others that will be important down the road. Travel ...
by Tom Johansmeyer (RSS feed) (2 years ago)
Aug 1st, 2009 at 2:00PM: This sucks: corporate travel is expected to fall 15 percent this year. As much as you like to think you're doing your part by buying a heavily discounted ticket and going on vacation, the individual traveler's contribution to the industry pales when compared to that of the corporate road warrior. If the airline industry is going to recover, it will come on the backs – and corporate cards ...