Industry Expects Progress on Improving Hotel Virtual Card Use; Amex M&E, BCD M&E Mtg. Forecasts

 

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October 20, 2022 Industry Expects Progress on Hotel Virtual Card Use By Michael B. Baker Virtual cards for hotel stays are poised to become a much more dominant force in the payment sphere in the coming years. New workplace realities due to the Covid-19 pandemic are propelling some of that momentum. But the technology still has not quite caught up with the process, according to buyers and suppliers. Keep Reading Amex M&E: Internal, Small, Simple Mtgs. to Lead Recovery Meetings, events and consequently group pricing power at hotels shows no signs of slowing down going into 2023, according to a new report from American Express Meetings & Events. Keep Reading BCD M&E: Rising Mtg. Costs Challenging 2023 Strategies Host organizations must get creative to navigate rising costs and hotel staffing issues, according to a new report from meetings management company BCD Meetings & Events. Keep Reading GBTA Survey: Economy Chief Threat to '23 Travel Volume International business travel recovery has reached the halfway mark as economic concerns now overshadow Covid-19 as the key obstacle to business travel, according to a GBTA poll. Keep Reading BCD to Consolidate to Two-GDS Strategy BCD Travel is ending its distribution relationship with Travelport as part of a new "dual global distribution strategy," the company confirmed to BTN. Keep Reading Having good relationships with hoteliers, we're able to come up with processes that make sense for everybody. As an industry, we have to work together to make these solutions work." - Grasp's Stacey Mack Read More ATPCO Commits to 'Dynamic' Airline Offers ATPCO has committed to build the "framework needed" for 80 percent of all airline offers to be "dynamically" created by 2026, the company announced at its annual Elevate conference in Washington, D.C. Keep Reading Coupa Waves Travel Into Integrated Platform Q&A with Coupa's Valerie Layman and Devon Tivona Earlier this year, business spend management platform Coupa launched its new travel booking module, designed not as a standalone product but as a tool integrated with its payment and expense platforms. Keep Reading FCM Consulting Launches Global Aviation Practice FCM Consulting has created a new global specialist practice focusing on aviation, naming air practice consulting lead Florian Mueller to head the division. Keep Reading Travelport Adds Personalization Tool to Agent Desktop Travelport has added the NavAgent workload optimization and personalization tool to its Smartpoint agent desktop tool, the travel technology company announced. Keep Reading Delta Increases Some Status Thresholds, Expands Benefits Some Medallion Qualification Dollars thresholds for Delta Air Lines elite tiers will increase for 2024 status, the carrier announced, adding that there are no changes to the Medallion Qualification Miles or Segments required. Keep Reading J.D. Power: Higher Car Rental Prices Restrain Satisfaction Supply at airport locations has increased, but overall customer satisfaction this year with airport-based rental car companies in North America has remained nearly even with 2021 as fees rise, according to J.D. Power. Keep Reading Southwest Partners to Validate Corp. Emissions Reduction Southwest Airlines has partnered with 4Air to validate emissions reductions for corporations that participate in its sustainable aviation fuel program. Keep Reading Cvent Expanding Virtual Payment Features for Amex Users American Express is adding more virtual payment capabilities to the Cvent Event Marketing & Management platform to provide new options around budget management and payment automation, Cvent announced. Keep Reading Survey: Travelers Face Challenges Managing Disruption Via Apps A significant percentage of travelers said they have had trouble managing travel disruptions through apps. Keep Reading Sonesta Launches Multi-Zone Mtg.-Space Concept Sonesta International Hotels Corp. unveiled a new multi-zone meeting and event space concept designed to accommodate evolving collaboration needs. Keep Reading Aventri, MeetingPlay and Eventcore Rebrand as Stova Merged event-tech suppliers Aventri and MeetingPlay and the recently acquired Eventcore are all officially rebranding as Stova. Keep Reading Four Seasons Names ALG's Reynal CEO  Read More Capital One to Open Cuisine-Focused Airport Lounges  Read More Southwest Launches Corp. Referral Program  Read More J.P. Morgan Payments Integrates Card into Oracle ERP  Read More American Invests in Hydrogen Distribution Network  Read More Executive Travel Adds Business Development VP  Read More United to Add CTM's Veloso to Sales Team  Read More Breeze to Add Cincinnati, Vero Beach Service  Read More Egencia Adds Personalized App Home Screen, In-App Changes  Read More NYC, D.C. Seaplane Service to Launch  Read More 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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