travel

Shell awards contract to FCM

Energy company Shell has selected FCM as its global travel provider to manage travel requirements across all businesses. With a multi-year contract commencing in 2022, Shell travellers will use FCM’s platform with a full range of travel services. Marcus Eklund, managing director of FCM Global, commented: “At FCM we’re unafraid to challenge conventions nor are we limited by the constraints that man...

Relaxed rules reveal pent-up demand for business travel

The travel management platform, CWT has observed a significant increase in travel to and from several countries that have recently relaxed testing and quarantine requirements for international travel. In the UK, CWT data shows weekly bookings for outbound international travel have increased by 115% since the country announced, 24 January, that it would scrap testing for fully vaccinated travellers...

Challenges ahead despite UK inbound travel confidence on the rise

The tourism association that represents 300 tourism businesses that service international tourists visiting the UK, UKinbound has released results that show business confidence has risen to pre-pandemic levels. The association’s Q1 Business Barometer Member Survey, complied by Qa Research, indicated that 56% of UK inbound tourism businesses are confident about bookings, visitor revenue and custome...

CWT and ZYTLYN Technologies align to forecast customer travel demand

The travel management platform, CWT, and an AI predictive analytics company, ZYTLYN Technologies, have embarked on a pilot initiative to predict forthcoming travel demand to and from specific routes. Overlaying CWT historical booking patterns onto ZYTLYN’s AI-driven Prediction Platform, the pilot aims to provide micro and macro level demand forecasting insights, allowing CWT to make decisions abou...

Business travel trends for 2022

Travel management company BCD Travel has identified eight trends that aims to resonate with travel managers and travellers in 2022 and compiled them in a new report ‘Business Travel Trends for 2022’. The value of business travel is a moving target Coming out of a sustained period with little or no travel, companies are reviewing the value of sending employees on business trips. Employe...

Flight Centre Travel Group strengthens FCM tech offering

The Flight Centre Travel Group (FLT) has announced the acquisition of Compli.ai, a US-based company that has developed an industry-first browser extension, Shep, that will be integrated into FLT’s FCM travel management business. FLT aims to use Shep’s software to put its own content and augment the user experience on third party websites that corporate customers use. Shep was founded in 2017 as a ...

How Canada’s finance and insurance hubs are prioritising the planet over profit

With the dust settling on COP 26, unfettered capitalism is now persona non grata, and, in the world of business, there is a refocusing on long-term, big picture thinking that melds the pursuit of profit with a desire to radically reduce environmental costs. When it comes to finance and insurance, this takes the form of “sustainable finance”. As an element of “responsible growth”, susta...

Busan has emerged as a hotspot for incentive tourism

Busan MICE continues Busan, South Korea’s second-biggest city, offers a diverse range of cultural activities, from hosting Asia’s largest international movie festival to serving locally sourced delicacies. Being the famous tourist destination that it is, Busan is increasingly known as a prominent incentive tourism destination for trips associated with the meetings, incentives, conferen...

BCD Travel survey reveals growing importance of travel and expense spend management

Results of a BCD Travel survey of 106 travel buyers in October stresses the relative importance of travel and expense spend management in the pandemic recovery. On the list of programme priorities, 76% of travel buyers consider payment and expense ‘very’ to ‘extremely’ important, an increase of 8 points compared to 68% in the previous survey in April. The top three prioriti...

Las Vegas celebrates return of international travellers

Las Vegas has welcomed the reopening of the US’s borders to fully vaccinated international travellers. Steve Sisolak, governor of Nevada, said: “I am thrilled to welcome international visitors back to our great state and to fabulous Las Vegas. We know you’ve missed travelling just as much as we’ve missed welcoming you – and I’m thrilled that Las Vegas was at the top of your list. “Las Vegas ...

Seventh heaven for FCM at the World Travel Awards

FCM, the business travel arm of Flight Centre Travel Group, has been named Asia’s leading travel management company for a seventh consecutive year in the World Travel Awards. The World Travel Awards were established in 1993 to acknowledge, reward and celebrate excellence across all key sectors of the travel, tourism and hospitality industries. Now in its 28th edition, the awards are recognised glo...

UK travel and tourism sector may only recover by a third this year, says WTTC

The World Travel & Tourism Council (WTTC) says the UK’s travel and tourism sector’s year-on-year recovery may only recover by a third this year, whilst international travel spending continues to plummet. WTTC states the strict travel restrictions, such as the ‘traffic light’ system, is responsible. At the current rate of recovery, WTTC research shows the UK’s travel and tourism sector’s contri...

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