Capitalize on Corporate Travel with Direct Billing
Hotels can win corporate accounts and lift revenue with direct billing, as worldwide corporate travel spending is expected to rise more than 38%.
By TreviPay
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, 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.