The Layover Lowdown: Tech-driven TMCs, Women in leadership, and Airline recovery strategies

In this episode of Mileage May Vary, we unpack some of the most compelling insights from the latest developments in corporate travel. From shifts in TMC sourcing and gender disparity in leadership roles to key moves by major airlines and hotel giants, this episode delves into what’s shaping business travel as we look toward 2024.Episode Highlights: Tech-First TMC Sourcing Gender Gaps in Travel Leadership American Airlines Reclaims Corporate Clients Hilton Sees Business Travel Revival The Rise of Business Travel Demand Whether you’re a travel manager, industry insider, or business traveller, this episode offers insights into the trends and strategies reshaping corporate travel. A new BTN survey reveals that one-third of travel managers are prioritising technology capabilities over service when choosing a TMC. We discuss the increasing integration of tech solutions in travel programs and how companies are balancing direct sourcing with TMC-provided tools.At the GBTA Foundation’s WinIt Conference, new data highlighted a persistent lack of women in senior travel industry roles. We explore what this means for the future of gender equality in the travel sector and the push for stronger career development initiatives for women.American Airlines is working to regain corporate business after a failed push for direct and NDC bookings left some agencies and travellers dissatisfied. We discuss the airline's new corporate agreements, incentives, and what this means for travel managers in 2024.Hilton’s Q3 results indicate a resurgence in business travel demand, with growth in group bookings and corporate events. We dive into how Hilton’s performance is impacted by regional trends, labour challenges, and shifts in leisure travel demand.As global business travel spend is projected to hit $1.5 trillion in 2024, we discuss what’s driving this growth—namely, the return to face-to-face meetings, with the US and China leading the way. We also look at how blended travel and the MICE industry are contributing to this rebound.Planning your next business trip? Businesses save time and money with Ortharize—the smarter way to manage corporate travel. Ortharize simplifies booking, offers a suite of business intelligence, and ensures compliance with company travel policies, all while giving your team access to exclusive deals on flights and hotels. Visit Ortharize.com and use the code MMVFREE for 3 months of Premier access for free! With Ortharize, you’ll streamline travel planning and get back to focusing on what really matters—growing your business!