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Positivity sentiment rose from 30 percent in February to 45 percent in April, and by all accounts those numbers have continued their upward trend in May. For the next 3-6 months, many corporations aren’t holding meetings due to companytravel restrictions. 75 in February to.81 81 in April.
This article breaks down how to build out your MICE travel program and earn yourself the coveted label of the MICE hotel in your market. Forecasting Trends. When a company chooses a setting for their meetings and events, they most often opt for a place in a prime location. Forecasting Trends. Table of Contents.
The premier travel trade event promises to provide travel and hospitality businesses with unparalleled access to innovative product ideas and business models to lead in the ever-growing sustainability trends.
The more your employees travel, the more an automated T&E policy makes booking, billing and tracking expenses easier. And by analyzing your travel spending trends via custom reports from Hotel Engine, you can continually monitor your budget and make adjustments as necessary.
And then I suggest you specifically reference “including COVID-19 or a variant thereof.” … If there’s a companytravel restriction, that’s typically not force majeure. You should have language to the effect of, “amongst the force majeure occurrences are disease, epidemic, and pandemic.”
A breakdown of spend, alongside dashboard analysis of important KPI metrics in real-time, also helps customers extract key data needed to inform decision making and accurately manage finances.
The different MICE buying sectors can include meeting and event planners, incentive / motivation houses, professional conference organisers, travel management companies, travel agents handling MICE events, destination management companies, international associations, corporate companies with incentive programmes, and more.
Needless to say, this trend creates immense business opportunities for companies from different sectors – travel included. So today, we discuss how travelcompanies can implement a subscription model to capitalize on modern trends and boost revenue. What is a travel subscription and how is it different?
This involves categorizing services and ensuring alignment with companytravel policies. Options may be filtered or prioritized based on price caps, preferred vendor agreements, or even factors like eco-friendliness for companies that support sustainable travel. Predictive analytics.
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