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Corporate Travel Future: Tech-driven And Experience-led

Published on : 19-06-2025

Corporate Travel Future: Tech-driven And Experience-led

What's different now is not just the volume; it's how businesses approach travel, which is undergoing a quiet revolution. It's no longer just about booking a flight or finding a hotel; it's about creating seamless, meaningful journeys that respect the time and expectations of those who travel, those who manage the process and those who account for it.

Corporate travel is rapidly evolving, growing in size, complexity and strategic relevance. In 2024, global business travel spending reached USD 1.5 trillion. India is now the ninth largest business travel market globally and the fourth in the South Asia Pacific region, at the heart of this shift. But behind these numbers lies a much deeper context: companies are no longer just managing trips but rethinking travel as a strategic, tech-enabled and people-first experience.

Nearly three out of four travel managers reported increased bookings and budgets in 2024. Conferences and strategy meetings returned in full swing, with over 60% of business travellers planning to attend at least one such trip. What's different now is not just the volume; it's how businesses approach travel, which is undergoing a quiet revolution. It's no longer just about booking a flight or finding a hotel; it's about creating seamless, meaningful journeys that respect the time and expectations of those who travel, those who manage the process and those who account for it.

Employees expect quick approvals, personalisation and travel that fits their preferences and schedules. Administrators want to manage these requests without fragmented sellers and endless calls.

Finance teams searched for expenses, GST, and clarity of value. At the same time, passengers' expectations changed culturally.

One of the most important changes is the emergence of a holiday, where employees expand business trips for holidays. In 2024, about 29% of Indian business travellers added personal days to their work trips. This mirrors a global pattern where employees seek more balance, flexibility and well-being while travelling for work.

Technology has become central to how travel meets these changing needs. Modern platforms no longer book flights; they combine air, hotel, taxi, visa and policy compliance into a single system. These platforms allow seamless bookings, real-time approvals, automated invoicing, and built-in tax compliance. In india, expectations are rising. 72% of travellers prefer integrating taxi bookings, and 63% want visa services within the same platform.

Not every company operates the same way. Some larger enterprises opt for customised setups where the travel agency functions like an in-house team. Midsize organisations often partner with travel management firms that balance structure and flexibility.

Small companies can still rely on an open market portal or local agents, but they usually face challenges. Non-transport is a significant concern.

Therefore, companies that previously trusted an unchanged journey, where employees had booked everything independently, now embraced flexibility and structure.

Mobile first interfaces direct billing into GST/TDS-compliant receipts, and round-the-clock support simplifies travel for users and finance teams.

Support has become one of the biggest differentiators. Travellers increasingly expect proactive and personal concierge-style assistance, not through a ticketing system or IVR maze but via accessible trained professionals who understand the urgency. Technology also helps by routing queries to the right agent, preloading itinerary data, and automating repetitive requests.

Behind-the-scenes data is playing a decisive role. Every booking generates insights into spending preferences and policy compliance. Dashboards built for different roles, whether a CFO, travel admin, or department head, make this data usable by monitoring real-time trends, comparing negotiated hotel rates with market pricing, and preventing out-of-policy bookings before they happen.

This change in date-driven decision-making from manual translations improves openness, cost control and planning.

Artificial intelligence becomes a great environment. AI-controlled equipment can suggest the best aircraft and hotels based on previous options and the company's rules.

Passengers with weather disorders or political disruptions are at risk and sometimes change their plans when they change plans. However, it is essential to understand that AI does not replace people. This helps them. The travel manager is still in control. AI makes her work sharp, bright, and concentrated.

Compliance, often seen as a post-trip task, is now fully embedded in the travel process. Embedding company travel policies directly into the booking flow, usually called policy mapping, ensures that travellers have options and the right choices. Tools automatically check for policy violations, trigger necessary approval, and generate audit-ready records.

The future of corporate travel is heading toward greater intelligence and personalisation. AI assistants may soon be able to plan entire trips using a single instruction. Predictive systems could alert users about rising virtual and augmented reality, offering virtual site visits and conference previews. But despite all this technology, one thing remains constant: business travel is about people.

Technology and AI will become prime enablers of the human coach. It will support better decision-making, improve safety and well-being, and help create more meaningful travel experiences. The future will be tech-driven, data-backed, thoughtfully balanced and built around the people on the move.

#corporatetravel #mice #news #technology #ainews 

News Source : Economic Times

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