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Jul 6Mon
  1. Business Travel News

    Weathering Uncertainty, Higher Costs in Managing Business Travel 2026

    GBTA's latest industry poll shows nearly eight in ten stakeholders cite global instability and conflict as the top travel risk. Despite concerns, organizations are not broadly cutting business travel but adopting a deliberate, managed approach. 28% of buyers expect trip volume to decrease in 2026, and 22% expect spend to decrease. Meetings and events strategies are shifting, with 56% of buyers changing their approach. Travel managers' roles are growing, and AI adoption is increasing.

Jun 9Tue
  1. SAP Concur Blog

    SAP Concur Data: Business Travel Costs Rise but Demand Holds Steady

    According to SAP Concur data, business travel costs continued to rise in the first half of 2026, with airfare up over 8%, hotel rates up nearly 6%, car rental costs up about 5%, and fuel-related expenses up 22% on average. Despite higher costs, companies largely maintained travel activity, but car rental bookings declined 4%, rail bookings increased 4%, and premium cabin bookings increased 9%.

Apr 24Fri
  1. PhocusWire All News

    AI in Short-Term Rentals: Costs, Flops and Hits

    At the Short Stay Summit in London, Casago CEO Steve Schwab and Forge Holiday Group CEO Graham Donoghue discussed the costs and value of AI in the short-term rental industry. Forge spends $30,000-$50,000 monthly on Anthropic tokens and is considering a token optimizer role. Schwab predicts a 'token economy' and warns of rising compute costs. Despite expenses, both see value: Forge's Vivid Stay tool converts static images to video in 25 minutes, previously costing $2,000-$3,000. They also shared failures, including conversational search not gaining traction and employee resistance to change.

Apr 21Tue
Mar 29Fri
  1. SAP Concur Blog

    The Trends Shaping a Business Travel Power Shift

    SAP Concur President Charlie Sultan writes that rising business travel demand, increasing costs, and NDC adoption are shifting power from TMCs and customers to suppliers. Citing GBTA, 59% of travel managers expect more business trips in 2024, and 67% expect higher travel spend.

Jun 29Wed
  1. SAP Concur Blog

    Are Your Travel and Expense Costs Topping the Charts?

    A SAP Concur blog post notes that according to Aberdeen Group, SMBs spend an average of $35.02 to process one expense report. Manual expense reports involve employees sorting receipts, entering data, making copies, following up on missing documentation, and obtaining approvals, which is time-consuming and error-prone. Finance teams also review and reconcile. The article provides a formula: annual hours spent on expense reports multiplied by average hourly rate divided by number of expense reports per year equals cost per report. It recommends automated cloud solutions like Concur Expense, which allows mobile receipt capture, reduces human error, provides near real-time visibility, and scale…