Business travellers are keener on the sharing economy than their employers

RIDE-HAILING apps and home-rental sites are fast becoming mainstays of the corporate travel world—but perhaps not quite as fast as many business travellers would like.

Two recent reports shed light on the rapid changes taking place within the industry. One comes from the Global Business Travel Association (GBTA), which represents corporate travel managers. Its latest survey found that the number of businesses allowing their employees to use ride-hailing services such as Uber and Lyft has increased by nearly 15% since June. Over the same period, the share permitting workers to book lodging through Airbnb and similar services increased 20%. Yet despite that growth, half of corporate travel policies still don’t allow employees to use ride-hailing apps, and 70% prohibit home-rental services in favour of traditional hotels.

At first glance, those figures appear at odds with a survey released by Certify, which makes software that tracks business-travel expenses. It found…Continue reading

from Business and finance


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