1. THE NEW RULES OF BUSINESS TRAVEL.
- Author
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Salazar, David, Kelso, Stirling, Nguyen, Madeline, Mitchell, Heidi, and Chandonnet, Henry
- Abstract
Business travel spending is expected to reach pre-pandemic levels by the end of the year, leading companies to find new ways to make business travel easier and more enjoyable. Airlines are increasing their business and premium economy seat counts, with American Airlines investing in upscale offerings such as Flagship Suites and recliner-style premium economy seats. Credit card companies like American Express, Chase, and Capital One are also enhancing their airport lounges with worker-friendly amenities and high-end features. Private terminal companies like PS are offering exclusive airport experiences to all travelers, providing luxury services and private TSA screenings. Companies are also encouraging alternative modes of travel, such as trains and electric vehicles, to reduce emissions. Financial automation platform Ramp is helping companies manage the costs of business travel by offering customized corporate cards and spend-management tools that eliminate the need for expense reports. Point.me is a subscription-based search engine that helps travelers book flights using unused miles and points, making the process more accessible and user-friendly. [Extracted from the article]
- Published
- 2024