The MacNair Travel Leadership Blog

How Will this Year’s Travel Trends Impact Your Business?

Posted by Mike MacNair on Feb 16, 2017 12:00:00 PM

The overall state of business travel is often considered to be a strong indicator of the overall health of the U.S. economy. Two of the leading causes that slowed business travel in 2016 — the U.S. presidential election and the British vote to leave the European Union – are resolved, leaving the outlook for 2017 particularly promising.

According to a poll of 63 travel managers conducted in the fourth quarter of 2016, a rise in overall travel and air spending, as well as an increase in the number of trips and air transactions is expected.

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Topics: business travel, Travel Trends

What Hotel Rate Increases Mean for Your Travel Program

Posted by Mike MacNair on Apr 28, 2016 12:00:00 PM

When it comes to corporate business travel, securing hotel rooms for your traveling employees is as important as booking the right flight. Access to clients or customers, the availability of good restaurants and additional hotel amenities all need to be taken into consideration to ensure your road warriors are satisfied and able to get their work done while they travel.

The latest information from the Global Business Travel Association (GBTA) and Business Travel Network (BTN) states that hotel rates are on the rise in 2016. In North America, prices are expected to increase about 4.3%, the largest increase compared to the other global region projections noted. Increased demand with limited supply is the biggest contributor to the rate increases, and hotels will continue to maximize ancillary fees and develop more stringent cancellation policies.

Armed with this information, SME’s need to consider what opportunities and possible challenges exist for the corporate travel program. As you consider your travel and entertainment (T&E) budget for the rest of this year, take a closer look at the following items, determine how they may impact your bottom line, and what opportunities exist to create more cost savings and overall budget predictability.

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Topics: business travel, Travel Trends

Uber vs. Lyft: Which is Best for Your Corporate Travel Program?

Posted by Mike MacNair on Mar 22, 2016 12:00:00 PM

The era of the sharing economy is upon us, presenting a myriad of choices for everyone, but especially travelers. Web sites like Airbnb have dramatically changed how consumers look for places to stay while travelling; ridesharing services like Uber and Lyft have transformed the speed by which people get from one place to the next.

Businesses are also being impacted by these services, specifically Uber and Lyft. At first virtually ignored by businesses versus the traditional car services including taxi and rental car companies, ridesharing services are staking their claim with corporate business travelers, expanding their consumer-driven services through the launch of Uber for Business and Lyft for Work for business travelers.

Download this workbook to learn how to create an effective travel policy that  supports the needs of your SME and the demands of your travelers in the sharing  economy. 

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Topics: Corporate Travel, Travel Management, business travel, travel policy, Travel Trends, sharing economy, ridesharing

How to Increase Traveler ROI with Each Trip

Posted by Mike MacNair on Feb 18, 2016 12:00:00 PM

How to Increase Traveler ROI with Each TripCorporate travel is one of the largest expenses that a business can incur, but it is also one of the most controllable. According to the Global Business Travel Association, (GBTA) spending on business travel is likely to increase by 3.7 percent in 2016, meaning an even larger impact on the business bottom line.

In addition to is being a significant expense; corporate travel management is a key component to SME business plans. Scheduling face-to-face meetings with clients or attending a new product launch on-site can create new business, increase profits and successfully contribute to overall business goals.

As the Travel Manager in your organization, how can you increase the return on investment (ROI) for corporate travel?

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Topics: Corporate Travel, Travel Manager, Travel Management, business travel

3 Key Strategies to Reduce Group Business Travel Expenses for Events

Posted by Mike MacNair on Feb 11, 2016 12:00:00 PM

The economy continues to improve and because of this, businesses are willing to plan large group meetings or special events to connect with their customers and facilitate collaboration and innovation. The requests for meeting space and group travel is increasing. In 2014, spending on group business travel ($126.5 billion) exceeded spending on individual business travel for the first time since 2008. The BTN Outlook predicts that group trip volume will grow 3.3 percent in 2016, and spending on group business travel is expected to grow 2.7 percent.

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Topics: Corporate Travel, Finance Executive, corporate events, business travel

Maximizing the Use of an Itinerary Management App

Posted by Mike MacNair on Nov 13, 2015 7:30:00 AM

New technology is all around us – in our vehicles, our homes and especially through our smartphones and tablets. A quick Google search finds that in 2014, more than 128,000 new business apps were released in the iOS app store (appfigures). It’s incredible and great news for those in the travel industry. At MacNair Travel Management, we pride ourselves in using the latest tools, technology and people, to help our clients balance the needs of the traveler and of the business, ensuring costs are minimized and performance is optimized. As new travel apps become available, we assess and check their usability and then pass along the most efficient and user-friendly options to our customers.

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Topics: Corporate Travel, technology, business travel

How Much Can be Saved by Using a Travel Management Company?

Posted by Mike MacNair on Aug 14, 2015 11:00:00 AM

Businesses are always looking for ways to save money, but when travel is an important part of your company’s success, expenses can skyrocket. The travel and entertainment (T&E) line item not only takes a toll on your bottom line, but for employees to book their travel, reconcile credit card reports, and other travel-related follow-up takes away valuable time from their day-to-day job responsibilities.

Enter a travel management company – a great solution, right? Travel management companies (TMCs) are able to take over the responsibility of booking and managing your overal travel management process, but are they really saving you money? Are they making an impact on the bottom line? The answer is, "Yes."'

Read this whitepaper to learn how a Travel Management Company differs from a  Travel Agency by delivering the most value to your company. 

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Topics: Corporate Travel, Travel Manager, Travel Management, business travel, business process outsourcing, Managed Travel, Travel Management Company, Supplier Negotiations, Travel and Expense Management