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One million dollars invested in airfare annually — not long ago this figure was cited as a benchmark for businesses to start seeking help from a travel management company or TMC. Modern technologies make travel administration cheaper and simpler. When and why it makes sense to implement managed travel. post-trip reporting.
Needless to say, this trend creates immense business opportunities for companies from different sectors – travel included. And if we look at the traveler’s sentiment, another 2022 research has shown that a combined 87 percent of travel subscribers plan to increase (47 percent) or maintain (40 percent) their current travel subscription levels.
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