Over 90% of business travelers use mobile payment tools to pay for their trips, according to an AirPlus report.
Danish Gaest has acquired its Swedish competitor Bokarum, which makes the meeting marketplace sector consolidate. The global MICE market is estimated to be worth in the region of $400 billion.
UK-based corporate management firm Hogg Robinson Group (HRG) is planning to acquire eWings, a web-based travel management company focused on the German market.
3Mundi has sold a 25% stake to Flight Centre – in another strategic investment for the Australia-based travel group.
Over 10,000 pre-scheduled appointments between exhibitors and hosted Chinese buyers secured prior to the show – Partner destination Europe – travel leaders to share latest ideas at ITB China Conference.
China's industrial conglomerate HNA Group is in talks to acquire the Olympia exhibition center in west London from Capital & Counties Properties (CapCo), according to a Bloomberg report.
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.
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