Concur Labs, the innovation arm of the travel and expense management tech company, has been exploring virtual reality and possible applications for business travel.
Airbnb is quickly carving a place for itself in the managed travel space. Now, Airbnb has tapped an executive from within the corporate travel industry to lead its business travel department.
“Building the bridge between East and West”, an exclusive ITB China preview event with more than 60 journalists from China and 15 other countries kicked off today at the Jin Jiang Tower in Shanghai.
Concur plans to bring more innovative technologies in cloud computing, big data and mobile technology into corporate financial management.
The expenditure of Chinese business travelers is expected to reach USD 345 billion in 2017, an 8.4% increase year on year, according to major business travel management firm HRS.
Concur announced a strategic partnership with China DataCom Corporation (CDC), a joint venture between SAP and China Communications, a China Telecom company.
Freshly acquired Cvent has announced it is merging with fellow events platform and hotel IT provider Lanyon.
China accounts for nearly 25% of global business travel spending, up dramatically from a 5% share in 2000.
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