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How Companies Can Meet Employee Needs with the Right Corporate Travel Partner

Business travel demand is slowing down, and many companies are tightening corporate travel budgets. In 2020, travel pricing is set to slow globally, according to data released by the Global Business Travel Association (GBTA) and travel management company CWT.

What’s driving the drop? “It all comes down to uncertainty, making consumers more cautious and businesses more likely to cancel travel,” according to Skift reporter Isaac Carey. However, even with tighter budgets, small and medium companies can’t ignore the value of in-person meetings. A face-to-face request is 34 times more successful than an email, per Harvard Business Review.

For small and medium-sized enterprises (SMEs), the landscape presents a challenge. But with the right kind of corporate travel partner, SMEs can continue to travel as much or more without increasing costs and while maximizing the benefits of in-person meetings.

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