TravelTech stories - Page 1

VFS Global partners with SAP to develop AI-driven digital solutions, enhancing cross-border mobility and citizen services globally for 69 governments.

IDeaS has won the TravelTech Breakthrough Award for its Cruise Revenue Management System, boosting cruise lines' profitability through advanced data analytics.

Business travel surged in early 2024 as companies reinvested in face-to-face connections, with domestic airfare sales soaring by 70% from late 2023.

As business travel spending hits a record USD $1.63 trillion, women are increasingly influencing the industry, yet they face significant challenges and leadership gaps.

ExpressVPN has teamed up with Booking.com for Business to enhance digital security for business travellers, offering 4 months free on a 12-month subscription.

Emburse has launched Emburse AI, a dedicated large language model aiming to streamline expense management and enhance accuracy in financial processes.

The Global Business Travel Association forecasts a robust 2025 for the industry, with 48% of travel buyers expecting more business trips amid ongoing challenges.

A report reveals that business travellers are booking hotels earlier, with average lead times rising to 17.35 days in late 2024, up nearly 7% from 2023.

A new study by Modulr reveals that 96% of European travel leaders find their payment systems inadequate, leading to inefficiencies and wasted time.

Gallabox has secured USD $3.5 million in seed funding to enhance its AI-driven WhatsApp tools, aiming to transform communication for small and medium enterprises.

Hexaware Technologies has partnered with Amazon Web Services to enhance cloud adoption and deliver generative AI solutions across multiple sectors.

Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.

Concur Travel, in partnership with Thrust Carbon, has launched the first online booking tool to integrate emissions calculations compliant with ISO 14083 standard.

Artificial intelligence is revolutionising business travel expense management, offering integrated solutions that enhance compliance and reduce administrative workload.

Australian firm espresso Displays has unveiled its latest innovation, the espresso 15 Pro portable monitor catering to remote professionals.

A study by Pure SEO highlights MPs in New Zealand may underreport carbon emissions from air travel, raising concerns over accountability and data tracking.

SAP Concur predicts major shifts in travel and expense management by 2025, highlighting investment in AI, compliance tools, and user experience improvements.

SAP Concur forecasts a transformative 2025 for travel and expense management, emphasising digital investment and evolving business travel demands.

Qantas has renewed its global distribution deal with Sabre, enhancing access to its services for travel agencies worldwide.

SAP Concur's 2025 travel predictions highlight the rise of digital investment and changing employee expectations as business travel volumes surge again.