8 SURPRISING STATS ABOUT TRAVELTECH SOCIAL MEDIA ADVERTISING

| September 6, 2019

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Social media is irrefutably a force to reckon with. For B2B traveltech companies, social media and the whole social ecosystem is like an oasis where it can find its prospective customers, if not perpetually, then time and again. The digitalization of travel is witnessing a huge influx of travel technology into the market with most vendors trying to lure corporate clients who need assistance in planning out their employee tours and trips.

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Life Before Work Travel

Our tours, geared towards 18-30 year olds, are what we consider the greatest backpacker-style tours available. We take care of all the details so you can experience the best of the location you are visiting whether it’s the white sand beaches of Bali or Thailand, or sailing on a Yacht in Croatia for YachtLife.

OTHER ARTICLES

Here’s What Will Happen Next to Corporate Airfares

Article | April 7, 2020

To paint a picture of what corporate airfares will look like once planes return to the skies is becoming more difficult by the day — if not impossible. Airlines, for one, have more pressing matters to deal with as they fight for survival during the ongoing crisis. Most in the U.S. will be working through the fine print of the $2 trillion U.S. stimulus package that throws them a lifeline of $50 billion in grants and loans. Other carriers, particularly in Europe and Asia, have already downsized and furloughed most of their workforce and are now turning to refinancing. Cases in point include Air France-KLM, which is now looking for $6.5 billion in state-backed loans, while last week Singapore Airlines revealed it had secured $13 billion in new funding.

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How will travel loyalty programs respond to coronavirus?

Article | April 7, 2020

During Q4 2019 I had multiple conversations with companies from the hospitality, retail and banking sectors that were either launching or redefining their loyalty programs. In all cases, companies were looking to provide greater value to their members and to stand out from the crowd of meaningless programs. As we all know, things have changed, and plans have been by more urgent matters.There is, however, a tremendous opportunity right now for loyalty programs to step up during the ongoing coronavirus crisis and show why being a member makes a difference.

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How blockchain is reinventing travel loyalty programs for both brands and consumers

Article | April 7, 2020

According to the latest Bond Brand Loyalty Report, memberships across industries continue to rise and now average 14.8 per person. But - considering total global spend on loyalty programs is estimated to be $323 billion in 2019 – a more critical statistic is: on average people are active in less than half (6.7) of the programs they belong too. More often than not, loyalty programs do not drive loyal behavior. The travel sector has some of the lowest satisfaction rates, according to Bond’s survey of 55,000 consumers in more than 20 markets around the world. Only 37% of hotel loyalty members and 38% of car rental members say they are satisfied with their programs; airlines, meanwhile, fare slightly better at 42%.

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BUSINESS TRAVEL

How to Save Time, Money and Effort on Business Travel with a Corporate Lodging Solution

Article | April 7, 2020

Business travel is a huge expense for many companies. Did you know that the average cost of a business trip totals $1,286? Lodging accounts for the majority of that figure, while meals, flights and car rentals make up the rest. But it’s not all bad news. For every dollar spent on business travel, companies see a $2.90 increase in profit and a $9.50 increase in revenue. So, business travel is at least well worth the investment. Nevertheless, wouldn’t it be great if you could make that same amount of profit and revenue with a smaller business travel spend? That idea isn’t as crazy as you might think. Many companies rely on an unmanaged business travel system. They waste time, effort and money by manually organizing their work trips. By choosing a corporate lodging solution for all of your hotel bookings, you automate a lot of the process, achieving cheaper and more efficient business travel as a result. So how exactly does a corporate lodging solution save companies time, effort and ultimately, money? Let’s dive into the details

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Spotlight

Life Before Work Travel

Our tours, geared towards 18-30 year olds, are what we consider the greatest backpacker-style tours available. We take care of all the details so you can experience the best of the location you are visiting whether it’s the white sand beaches of Bali or Thailand, or sailing on a Yacht in Croatia for YachtLife.

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