A Buyers Guide to Successful TMC/OBT Implementation Webinar Replay In case you missed our recent webinar: “A Buyers Guide to Successful TMC/OBT Implementations,” the replay is now available below. As corporate travel management evolves, implementing a new Travel Management Company (TMC) or Online Booking Tool (OBT) has become more complex than ever. Integrating various tools, technologies, and workflows now demands coordination across IT, Finance, HR, Security, Procurement, and Communications teams. With most organizations only rolling out a new travel program

Navigating CSRD: What It Means for Travel Managers in 2024 and Beyond Before CSRD: Growing trend towards green data Over the past few decades, there has been a noticeable shift in how businesses approach environmental and social responsibility. This journey began back in 1989 when large multinational corporations decided to publish reports on their environmental impacts. In 1997, the establishment of Global Reporting Initiative (GRI), an organization that provides standards for sustainability reporting, further propelled the movement towards corporate accountability

Revolutionize Your Travel Data Reporting with Areka: The Only Platform-Agnostic Experts [Paris, 19 July 2024] – In today’s fast-paced business environment, having accurate, insightful data at your fingertips is crucial for making informed decisions. Areka is proud to announce that we are the only consulting firm in the business travel industry that is completely platform-agnostic, offering unparalleled expertise in data reporting across the four biggest platforms: Power BI, Google Looker, TIBCO Spotfire, and Tableau. In a world where businesses rely on

The Do’s and Don’ts of Conducting a TMC RFP in Today’s Marketplace Webinar Replay In case you missed our recent webinar: “The Do’s and Don’ts of Conducting a TMC RFP in Today’s Dynamic Marketplace,” the replay is now available below. The TMC marketplace is undergoing dynamic changes. Acquisitions and consolidation are altering the competitive landscape. NDC content sourcing and servicing requirements are challenging traditional economic and business models. These challenges, coupled with an accelerated investment in new innovative technologies, such as

Navigating the Evolving Landscape of Corporate-TMC Relationships, A New Era Begins The landscape of corporate relationships with Travel Management Companies (TMCs) continues to evolve, as demonstrated by NDC, the recent acquisition announcement between American Express GBT and CWT, as well as new technology solutions. While some aspects have reverted to pre-pandemic norms, many others have embraced change, reflecting the dynamic nature of the industry in response to emerging trends and challenges. In this blog, we’ll look closer at eight trends

Navigating TMC Consolidation Webinar In case you missed our recent webinar: “Navigating TMC Consolidation-Essential Insights for Travel Buyers,” the replay is available. In this 60-minute webinar, Areka leaders shared insights on the following topics: The underlying factors driving TMC consolidation and acquisitions Key success factors crucial for navigating TMC consolidations and acquisitions effectively Common challenges associated with past TMC acquisitions and how to overcome them Actionable steps for buyers and corporates if their TMC is undergoing acquisition Vital considerations for

Top 10 list of what to do as you assess risk and secure your travel program Mitigating Risk and Navigating Travel Marketplace Acquisitions; Top 10 list of what to do as you assess risk and secure your travel program. By Wendy Prewitt, Areka North America, Client Engagements When GBT announced their intent to acquire CWT, I immediately thought, “What would I do if I were a Global Travel Manager or Buyer using GBT or CWT and how would I mitigate

Why run a TMC review before an RFP Situated at the heart of the business travel value chain, the Travel Management Company (TMC) plays a key role in helping businesses achieve their goals of service quality, cost control, traveler safety, and sustainability. Furthermore, the added value of TMCs is expanding as their mission becomes increasingly complex. They connect or integrate a growing variety of partners, new entrants, and technological solutions in a business travel landscape undergoing significant transformation. Therefore, it

Areka’s Top 10 Bets for 2024 The beginning of another year brings anticipation and excitement; it also invites speculation about the direction our industry will take. At AREKA , we’ve distilled our collective wisdom and foresight into a list of the top 10 bets for business travel in 2024. In this year’s bets, we’ll navigate through our predictions of potential trends and transformations that lie ahead in the ever-evolving landscape of corporate mobility. AREKA is an independent firm providing customized,

Insights from Grand Live du Voyage d’Affaires 2024 If you didn’t catch it, Aurelie Duprez, Founding Partner of AREKA, joined the Grand Live du Voyage d’Affaires 2024 earlier this month to explore the current trends influencing business travel. Get a quick recap of her insights in this video, now equipped with English subtitles. Read additional insights from Areka here.