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Ride-hailing services are now allowed by one-half (50%) of all corporate travel policies, a jump from 44% in June 2016, according to a Global Business Travel Association report.
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According to the Certify SpendSmart Report for Q3 2016, ride hailing (Uber, Lyft) now accounts for 52% of total ground transportation transactions — taxi, car rental, and ride hailing — while car rental accounts for 36%. Ride hailing is up from 46% in Q2.
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New Global Business Travel Association (GBTA) research highlights six risks heading into 2017 that could impact both travel industry prices and the global economy as a whole. Risks include financial market turbulence, oil prices, and uncertainty surrounding Brexit.
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By accepting the AirPlus business travel payments solution, customers with corporate car rental accounts will no longer need a personal or corporate credit card when renting a vehicle from the Enterprise brands.
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According to Sojern’s Q1 Global Travel Insights Report, the top 10 booked destinations were: Canada, the U.S., Mexico, United Kingdom, France, Spain, Portugal, Germany, Italy, and Switzerland.
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Ride-hailing services (Uber, Lyft) now account for 46% of all ground transportation transactions for business travel, according to the latest Certify SpendSmart Report for first quarter 2016.
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Average rental rates dropped to a national average base-rate of $38.88 per day, a 5% decrease in 2015, according to Travel Leaders Corporate’s data from fourth quarter 2015.
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For the first time, Uber finished ahead of car rental for total national ground transportation for business travelers in fourth quarter 2015, according to Certify’s SpendSmart Report.
Read More →The American Express Global Business Travel Forecast 2016 predicts that ground transportation prices — along with hotel and air — will see modest gains in 2016 as a slowly-improving economy and strong demand outpace increases in supply.
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Millennials are nearly twice as likely to want to travel more for business than Baby Boomers (45% to 26%, respectively), according to a Global Business Travel Association (GBTA) report.
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