Accounting and Finance

Phocuswright Report: Innovation and Opportunity in U.S. Corporate Travel

Provided by Concur

Category Accounting and Finance

Type White Paper

Length 17

Publish Date July 14 2016

Date posted July 25 2016

Overview

Technology innovation and changes in traveler behavior are driving significant and rapid change in corporate travel, according to industry research authority Phocuswright. For instance, did you know that nearly 80% of 18 to 34-year-old business travelers in the U.S. are using a smartphone to research air travel and that nearly one third of business travelers are using their smartphones not just to search for travel but to book? Moreover, more than one third of business travelers are booking directly on hotel brand websites. Facing a new landscape, how do travel managers meet their goals for cost savings, policy compliance and duty of care? Get on top of the trends and find out what they mean for your corporate travel program.

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