EyeforTravel Smart Travel Data Summit North America 2018 Round-up

| April 12, 2018

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Companies with a strong handle on their data have a major edge. They can move first and move faster than their rivals and speak to their consumers in ways that other can’t. EyeforTravel’s Smart Travel Data Summit North America Round-up brings together companies that excel in these fields to give you an insight into the future of data and analytics in travel.From cutting edge technologies, like blockchain, to a 104-year-old brand transforming itself through smart strategies, the Summit took in a wide variety of perspective from industry leaders working at the forefront of data analysis to drive revenues and create personalization. Download this completely free report now to get inside leading companies data approaches and see how you can improve your business today.

Spotlight

Cayman Islands Department of Tourism

The Cayman Islands is the premier warm-weather destination of choice for discerning travelers, honeymooners and families who value togetherness in an idyllic, environmentally responsible location with impeccably friendly service. The Department of Tourism assists with vacation planning by providing visitors with a wide range of information on the eclectic array of events, attractions, and land- and water-based activities that are offered across the three Cayman Islands to ensure that visitors will enjoy the ultimate, magical vacation experience filled with lasting memories.

OTHER ARTICLES

The Rise of Ultra-Long-Haul Flights Is Changing the Way We Travel

Article | March 3, 2020

Airlines for decades often sought to fly the biggest aircraft they could on routes between the largest cities, pushing passengers through megahubs in New York, Frankfurt, London, Tokyo, or Dubai, where they could switch to a smaller airplane to take them to Nashville, Osaka, or Nairobi. Two new aircraft, the Boeing 787 the one on the Qantas flight and Airbus A350, however, have changed the model, and in the coming decades, more passengers will be able to fly nonstop to more places than ever on ultra-long-haul flights.

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Corporate travel on the front line of global incidents

Article | March 3, 2020

As the effort to contain COVID-19 drives countries to close their borders and airlines to ground fleets, the corporate travel management community remains on the front line of getting people home or to their place of work. As much as most consumers can only watch the situation as it changes hour by hour, travel management companies must react to those changes. Fahim Khan, product development director for TMC Reed & Mackay, says that right now while there is not much new travel being booked, there are still bookings to be managed. “There’s still quite a bit of volume for us in terms of refunds and making sure people are able to change. There’s also quite a bit of engagement from an account management point of view as we look to advise on what we’re seeing in the industry.

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FEATURES AND ADVICE

How finance teams can proactively manage travel spend before it happens

Article | March 3, 2020

Controlling how employees spend company money on travel has been one of the biggest historic challenges for finance teams. Most company spend is governed by purchase orders, with payments made in relation to specific invoices from the company’s own bank. The data is available transparent and can be analyzed to spot any inconsistencies. But controlling travel spend, which is most company’s largest discretionary spend area, is much harder. Employees increasingly organize their own travel, empowered by corporate self-booking tools for search, booking, and payment. This can help with visibility, particularly if the corporate uses lodge or virtual cards to pay. However, pre-trip spend like air and hotel bookings only represent 50-60% of the money spent on travel. What about the rest?

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The best guess for the future of travel is just a guess

Article | March 3, 2020

Over the past few days, I've looked at a few dozen travel industry predictor graphs, from a number of very credible sources. Below, I've compiled them all onto one graph to create the last predictor you need to understand for the next few weeks. I can say with almost certainty that one, or a combination of these is going to be quite accurate. What’s the point here? The point here is that there is no point. Nobody knows what will happen next week, never mind three years from now.

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Spotlight

Cayman Islands Department of Tourism

The Cayman Islands is the premier warm-weather destination of choice for discerning travelers, honeymooners and families who value togetherness in an idyllic, environmentally responsible location with impeccably friendly service. The Department of Tourism assists with vacation planning by providing visitors with a wide range of information on the eclectic array of events, attractions, and land- and water-based activities that are offered across the three Cayman Islands to ensure that visitors will enjoy the ultimate, magical vacation experience filled with lasting memories.

Events