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DHS Steps Up Real ID Education Efforts

Business Travel News (BTN) 20 September 2018
As another deadline for state Real ID compliance creeps closer, Department of Homeland Security officials are hoping travelers and traveler buyers start paying more attention to the "real" deadline looming just a bit farther in the distance.

Tortorich Pioneers Concepts & Products & Advises New Entrants

Business Travel News (BTN) 14 September 2018
Discovery Inc. global travel services VP Yukari Tortorich is in a good spot. Her company awards her for taking risks with her travel program. "Not everything is successful," she said. "But my innovation performance is measured on how well I try new things, not on whether we keep everything. It would be hard to take risks in a different kind of environment."

Amaral Leverages Virtual Cards to Reduce Risk & Save Tax Dollars

Business Travel News (BTN) 14 September 2018
"It started in 2014 when we were looking at a way to relieve the pain that many departments were feeling around reconciliation of the hotel direct bill process," said state of California business partnership and travel manager Bill Amaral. "We were in the middle of a procurement for travel payment, and virtual card rose to the top as a solution."

Advito Develops Tool to Analyze Future Airfare Trends

Business Travel News (BTN) 12 September 2018
BCD Travel consultancy group Advito has developed an airfare prediction tool to help clients negotiate with airlines and manage policy. Advito built Air Predictor with airline business intelligence firm Air Cube and has been testing it with pilot clients since early August. The tool collects and analyzes airfares six months into the future.

Jet Airways Plans Large-Scale Cost Reduction

Business Travel News (BTN) 29 August 2018
Jet Airways plans to cut more than $283 million in costs over the next two years, following a reported loss of 13.3 billion rupees, almost US$188 million, in its fiscal-year first quarter, which ended June 30.

Travel Agency Sourcing: Don't Forget Data Security

Business Travel News (BTN) 28 August 2018
How do you know your travel management company has a secure data environment? A simple assurance that "We take data security seriously" is not enough for you to know an agency is following all recommended guidelines.

Yapta Arms Travelers with Point-of-Sale Data & Analytics

Business Travel News (BTN) 27 August 2018
Yapta is putting in the hands of travel buyers the point-of-sale data and rate-tracking data on which it has long based its reshopping prowess. It now feeds the data into an analytics platform powered by business intelligence company Tableau and hosted on Amazon cloud data warehouse Redshift. Travel buyers can use the analytics to target supplier negotiations and benchmark their rate competitiveness. "This is highly actionable pricing intelligence that can help companies move towards dynamic pricing technology, rather than negotiating every supplier contract through an RFP," said president and CEO James Filsinger.
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Sam Meets Claire: FCM's Travel Assistant & 30SecondsToFly's Chatbot Integrate

Business Travel News (BTN) 24 August 2018
FCM's mobile travel assistant, SAM, has integrated with artificial intelligence startup 30SecondsToFly's chatbot, Claire, according to FCM. FCM is piloting an AI-enhanced self-booking air and lodging capability via Claire on SAM with interested clients.

Blockchain's Early Travel Industry Movers

Business Travel News (BTN) 21 August 2018
More concept than concrete. That’s blockchain’s place right now in the world and in travel. Here, though, are three companies bringing blockchain to life in the travel industry.

Southwest Invests for Corporate Sales Growth & New Distribution Strategy

Business Travel News (BTN) 17 August 2018
Southwest Airlines is on track to quadruple year over year its number of new corporate contracts in 2018, armed with a bigger and newly structured sales force and a distribution strategy leveraging new capabilities unlocked by its recent reservation system switch, sales executives told BTN.

STR & Tourism Economics Update U.S. Hotel Industry Forecast with Improved Projections

Business Travel News (BTN) 17 August 2018
STR and Tourism Economics have revised their joint 2018 and 2019 forecasts for the U.S. hotel industry, noting record-breaking performance is expected to continue through 2019.

Reside Worldwide Partners with WWStay for Accommodations Tech

Business Travel News (BTN) 17 August 2018
Alternative accommodation provider Reside Worldwide and accommodations technology company WWStay have partnered to offer the booking technology of WWStay and the alternative accommodations inventory of Reside to corporates.

What Do Alipay & WeChat Pay Mean for Corporate Payments?

Business Travel News (BTN) 16 August 2018
Merchants around the world now enable the millions of outbound Chinese tourists to pay for items as they can do at home. These merchants now accept the two most widely used Chinese mobile apps: Alipay and WeChat Pay. These apps "are processing 10 to 11 times more transactions than the U.S. as a whole," said Bradley Seitz, a partner in consulting firm Nina & Pinta.

Best Western Hopes to Switch from Non-Profit to For-Profit Business Model

Business Travel News (BTN) 16 August 2018
Best Western International is looking to convert from a non-profit membership organization to a for-profit corporation, according to an SEC Form S1 the company filed on Aug. 10.

Uber for Business Introduces Predictive Technology for Profile Management

Business Travel News (BTN) 13 August 2018
Uber for Business now offers profile recommendations that tap into data from the billions of trips it processes annually to predict the purpose of a trip and whether the traveler should be using his or her personal or business profile. Early estimates show the predictions are correct about 80 percent of the time, according to Uber.

The Upshot of Microsoft's Travel Manifesto

Business Travel News (BTN) 10 August 2018
Microsoft stirred up some controversy in April with the release of its Travel Manifesto, calling for increased financial transparency in the industry and pushing buyers and suppliers to consider the changes that emerging technologies could bring to the table. Now that the document has marinated in industry reaction for a while, Microsoft global director of travel, venue sourcing and payment Eric Bailey spoke with BTN editor-in-chief Elizabeth West and reflected on its impact.

BCD Adds Pana to SolutionSource

Business Travel News (BTN) 9 August 2018
After launching its long-tail technology integration platform SolutionSource in February, BCD Travel has added Pana as a guest-travel tool.

Choice Hotels International Reports Q2 Gains in RevPAR

Business Travel News (BTN) 8 August 2018
Choice Hotels International saw revenue per available room increase 2.7 percent year over year during the second quarter, driven mostly by rate. Average daily rate rose 2.4 percent to $83.64, while occupancy increased 20 basis points to 67.2 percent. Total revenue for the quarter increased 13 percent to $295.4 million, and net income increased 58 percent to $79.8 million.
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Hertz Narrows Q2 Loss on Growing Revenue

Business Travel News (BTN) 7 August 2018
Hertz Global Holdings' U.S. rental car revenue increased 7 percent year over year to $1.63 billion in the second quarter on higher volumes and pricing.
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Wex's Travel & Corporate Solutions Revenue Increased 38 Percent in Q2

Business Travel News (BTN) 3 August 2018
Wex's travel and corporate solutions segment revenue increased 38 percent year over year to $75.6 million in the second quarter. Wex president and CEO Melissa Smith said the revenue increase owed to volume growth, especially from its largest customers and clients from payments provider AOC, which Wex acquired last October.
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IHG Launches B2B Program for Small & Midsize Enterprises

Business Travel News (BTN) 3 August 2018
InterContinental Hotels Group has launched a program aimed at the small and midsize enterprise market that moves beyond a simple discount.
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HRS Launches Filter to Remove Incorrect Rates Prior to Point of Sale

Business Travel News (BTN) 3 August 2018
Global hotel solutions provider HRS is doubling down on its efforts to keep incorrect hotel rates from impacting travel programs by adding a rate-filtering service to its Rate Protector suite.
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Lufthansa Net Income Drops Slightly Amid Fuel & Integration Costs

Business Travel News (BTN) 2 August 2018
The Lufthansa Group's earnings largely held steady year over year in the second quarter despite higher fuel costs and expenses from integrating the former Airberlin fleet.
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Wyndham Hotels & Resorts Holds First Earnings Call

Business Travel News (BTN) 1 August 2018
Wyndham Hotels & Resorts conducted its first earnings call as an independent company on Wednesday, following its spinoff of Wyndham Worldwide, now Wyndham Destinations. The company's global revenue per available room increased 9 percent year over year during the second quarter, or 4 percent on a constant dollar basis, excluding recently acquired La Quinta and recently divested Knights Inn.
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Cvent Pushes Globalized, Modernized & Unified Vision

Business Travel News (BTN) 31 July 2018
Cvent's ambitions were on full display at its Connect conference last week in Las Vegas. The company is making major investments to grow its international footprint, modernize and unify its technology platform and capitalize on a data-intensive market.
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WestJet Reports Loss Amid Rising Fuel Costs & Strike Threat

Business Travel News (BTN) 31 July 2018
A looming threat of a pilot strike, along with higher fuel costs, propelled WestJet to its first quarterly loss in 13 years. The Canadian carrier reported a loss of $20.8 million Canadian for the second quarter, compared with net earnings of $48.6 million.

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