Of all the industries that suffered significant setbacks during the pandemic, hotels were at the top of the list. With travel curtailed—even prohibited in many places—the drop-off was sharp: within weeks, there were no more heads in beds.
Now in 2022, we’re traveling again for both business and pleasure. As for corporate travel, worldwide spending will likely jump more than 38% this year.
As more companies resort to online meetings and conferences—understanding now that this is a feasible and potentially more economical alternative—the challenge of securing corporate travelers remains a concern. That’s why making hotel booking and invoicing seamless and easy for businesses is critical to capturing a greater share of corporate travelers.
