Challenges for business travel industry?

Business travel plays an important role in business growth and customer outreach. Over the past few years’ business travel has seen a healthy growth in terms of travelling and travel expenditure. Corporate travellers want to save time, make the trip more productive, and enjoy a pleasant experience while completing business work. Understanding the challenges being faced by the corporates today will help define the travel management systems in future. Even though the technology advancements are helping and improving the corporate travel experience, there is still a lot to be done. Integrating technology to create sustainable, efficient, and safe platforms is the key to overcome challenges in the business travel industry. Creating a holistic spectrum for itinerary planning and booking is required to provide a world-class travel experience to the corporates. The resources and funds are being invested in the right direction and companies like QuadLabs are coming up with corporate booking tools that are able to provide a flawless interface for corporate travel and travel expense management.

There are a lot of online booking engines and self booking tools currently available in the market to manage the travel requirement of a company that boasts of flawless performance. Picking the right one is important and critical for the business. Some challenges that are being faced by these tools and the business travel industry are:

1. Improving travel experience: Business travel has a huge impact on employee retention and satisfaction. A bad travel experience can make an employee think about leaving the company. Around 84 percent of travellers believe that the quality and experience of their business travel impacts their trips’ productivity. Choice of hotels, safety tracking apps, mobile travel applications etc. are few ways with which a company can improve business travel experience for their corporate travellers.

2. Protecting employee data: Data breaches, sharing of social media platform logins credentials etc. have raised a concern among corporate travellers regarding the privacy of their personal and official data. Employee data encryption, awareness of potential data breaches etc. are some steps that the company can take in this aspect.

3. Safer travel for employees: Keeping the employees safe is the one of the major challenge for the business travel industry. Over 67 percent of women feel unsafe during their business trips. In such scenarios, duty of care, keeping abreast with their employees travel, access to local content, etc. ensures that employee feel safer during their business travel.

4. Rising cost of Managing travel: The cost of managing travel for its employees is on the rise currently. Companies can contract with multiple TMCs, Hotels, Airlines, and other service providers for business travel. This will help them to reduce their travel cost and time consumed in arranging for travel thus leading to a trouble free and satisfied corporate traveller resulting in overall increase in productivity.

These are some of the challenges that the business travel industry is currently addressing. The team at QuadLabs has designed travel management tools to address these challenges so that the corporates can enjoy an amazing travel experience. From mobile applications for corporates to self booking tool for corporate this teams designs all variety of tools. Do reach out to them for a demo.

How to select the right corporate booking tools?

Travel Management Companies always require to measure, analyse and interpret the behaviour of the customer, their expectations and their pattern which is a very challenging job to do. The travel industry is changing rapidly and travel organizations are finding it difficult to meet the demands and Expectations of the customer, especially the corporate customers. They require a tailored travel experience with extensive control and priority of toys to make their business travel plans a complete success. This is the main reason why TMCs require a corporate booking tool which can allow the employee to perform their travel transactions without the interaction of a travel agent.

However, before choosing is self-booking tool it is necessary to identify some of its important features which would help the employee make a better decision about the corporate travel booking. Below are provided some of the features of self booking tool which one should look for while selecting.

1. Simple and easy: The first and foremost thing which the emperor should look for is the simplicity and user-friendliness of the corporate travel booking tool. The door should be able to save a lot of time for the next corporate booking and should be easy to integrate. In this easy and fast-paced corporate environment, time is extremely important and the self-booking tool should be able to allow the employees easily book their business travel plans with their effective interface.

2. Exclusive offers: Requirement for copper Travels and increasing on a daily basis, which also allows the employees get access to more offers, and hence it is recommended not to choose corporate self booking tool with predefined content. The individual should choose a corporate travel booking tool that offers them exclusive discounts on commercial, low-cost carriers and accommodation facilities. It would also help the individual in negotiating with the price to get a better offer.

3. Affordable: Probably one of the most important features of corporate self booking tool one should look for. The provided solution must fit the needs of the employees, however, it should also be affordable by small and medium-sized industries. It is necessary to choose a corporate booking tool that does not charge you for transactions performed and have no limitation on the number of users allowed.

4. Reporting: Another vital aspect that needs to be considered while choosing a corporate self booking tool is the kind of report it can generate. A report that provides in-depth insight to the traveller allow them to get a better image of the travel reservation and policy compliances. They will be able to download details of the services used along with their prices easily.

These are some of the things which one should look for while choosing a corporate self booking tool for their next corporate travel. Quadlabs is a leading travel Technology service provider who is a multiple award winning firm and develops reliable and responsive corporate self-booking tool for travel management companies all over the world, allowing them to offer best corporate travel services to their cleints.