LOADING

TDM NEWS EVENTS IWTA SERIES TDM

Travel Daily Media

Today Free Charge

Sign up today free of charge.

Join our global community of over 5 million travel and hospitality executives.

4 Key Questions for Corporate Travel in 2024 by Amex GBT

4 Key Questions for Corporate Travel in 2024 by Amex GBT

Kanchan Nath

- February 16, 2024

American Express Global Business Travel (Amex GBT),  has curated several key industry insights and trends for the year ahead in its latest report, 4 Key Questions for Corporate Travel in 2024

  • Pricing: While Amex GBT anticipates a moderation in rates compared to the hikes witnessed in 2022, it still expects hotel prices to climb worldwide. In contrast to the (albeit slower) hotel rate rises, airfares are projected to stabilize across major routes globally throughout 2024.
  • Technology: Amex GBT expects to see rapidly growing integration of AI technologies across the managed travel value chain in 2024 and beyond. As the travel industry invests in these technologies, they will not only become more efficient but also more effective and prevalent.
  • Future of work: Travel serves as a catalyst for bringing individuals together for face-to-face interactions, unlocking numerous benefits for organizations. Research from Amex GBT and Harvard Business Review Analytic Services reveals that business decision-makers acknowledge the significance of in-person interactions, with 88% emphasizing its critical role in fostering positive, long-term relationships among employees and coworkers.
  • Corporate Responsibility: In 2024, expect corporate responsibility to be an even bigger priority as talent increasingly considers a company’s sustainability and DE&I initiatives. Businesses are urged to make sustainable travel choices, while owners of travel and meetings can actively contribute to driving DE&I progress by creating equitable opportunities that prioritize inclusivity. Travel and meetings provide avenues to embrace inclusivity through personal development, career advancement, and immersive learning experiences.

 

 

 

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

4 Key Questions for Corporate Travel in 2024 by Amex GBT

Kanchan Nath

- February 16, 2024

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats