October 12, 2017 View in browser
With devastating hurricanes, wildfires, and earthquakes hitting North America in recent weeks, it's time to take a look at the effect of weather and natural disasters on corporate travel.

We found that extreme weather is taking a serious toll on travelers and travel companies. If trends continue, the effect of these disruptions will only get worse in coming years — and travel managers need to be preparing for that possibility.

On the technology side this week, we spoke to Paul English, the founder of travel service app Lola, about the company's pivot to business travel. Business travelers want the convenience of chat communication combined with concierge service, he says. It'll be interesting if artificial intelligence-based chat services catch on among business travelers.

Finally, we delved into a new report from the Global Business Travel Association showing that travelers hate wasting time in transit and layovers (as if you didn't already know this). The question remains: If business travelers hate long trips, why are they taking so many and what can be done to improve their experience?
Skift Forum Europe Is Coming to Berlin in April 2018
This week, we are thrilled to announce that our second annual Skift Forum Europe will take place on April 26, 2018 in Berlin. Secure your spot now and save with our exclusive Early Bird rate!
Register Now
BUSINESS OF BUYING
Global Business Travelers Agree the Biggest Hassle Is Time Spent in Transit
Every business traveler hates delays and annoying layovers. There are pronounced regional differences in the value business travelers perceive during and after a trip, though.

American and United Raise Forecasts as Impact From Fare Wars May Be Less Than Expected
United and American may be seeing some relief from fare wars with low-cost carriers, but it is too soon to tell if they are out of the woods yet.

EasyJet Plans to Capitalize on Rivals’ Woes
How quickly things can change in the airline business. Only a few months ago it was EasyJet that was struggling. Now EasyJet stands to benefit from problems at some of its closest competitors.

First Class Is Shrinking but Here’s Why It Remains Important
First class is becoming more rarified as carriers emphasize dense business class configurations. But the most exclusive product does still play a role for well-heeled customers and the marketing departments of top carriers.

Bankrupt Air Berlin Ready to End Flights in Late October
Air Berlin will end its flights at the end of the month, while its subsidiaries will continue to operate. It’s still unclear what exactly will transpire in the next few weeks as Lufthansa and EasyJet bid to carve up the airline into pieces.
SAFETY + SECURITY
Why Corporate Travel Needs to Prepare for Wilder Weather
The recent hurricanes are expected to have mostly short-term impacts on business travel and economic forecasts, but they exposed serious weaknesses in companies’ preparations for disruption caused by extreme weather.
DISRUPTION + INNOVATION
Lufthansa Partners With a Blockchain Provider in an Investment Worth Testing
It is easy to see why Lufthansa, which sells flights and ancillary services, would be interested in blockchain. Airlines, hotels, and tour operators might be able to use blockchain to dramatically reduce their distribution costs. At this stage, it is hard to tell how close this is to being a reality, and how fearful online travel agents and others should be.

Why Online Travel Agencies Will Line Up Against Blockchain Adoption
The online travel agencies — as the Apex Predators and beneficiaries at the top of the current distribution scheme — aren’t likely to rush in to invest in a technology that democratizes access to travel content.

How Augmented Reality Will Impact Meetings and Events
Move over virtual reality, there’s a new reality taking over at meetings, conferences, and events. Augmented reality has the potential to change the way people see events — literally.

Airline Data Powerhouse Needs to Evolve as Fast as Airfares Have
The fare-filing clearinghouse ATPCO needs to adapt to airline distribution’s rapid changes. Much depends on whether its new CEO can boost the organization’s metabolism.

Lola Pivot to Business Travel Is All About the App
Lola’s push into business travel makes sense given the needs and booking frequency of experienced road warriors. But as Upside has experienced, attracting the right kind of users is a big challenge when travelers can just book trips themselves.

Amadeus Wins Air Canada Contract as It Digs In Deeper in North America
With this deal, the Madrid-based technology giant has scored another win in North America, after having finished moving Southwest Airlines to Amadeus’ reservations platform earlier this year.
Skift editors Hannah Sampson [hs@skift.com] and Andrew Sheivachman [as@skift.com] curate the Skift Corporate Travel Innovation Report. Skift emails the newsletter every Thursday.
Share on Twitter Share on Facebook Share on Linked In Send via Email

For Gmail users: If you are using the tabbed inbox, Skift emails may be pushed to the 'Promotions' tab. To get updates from Skift direct to your primary inbox, drag and drop this email to that tab.

You received this email because you are subscribed to Corporate Travel Innovation Report from Skift.

If you'd like to unsubscribe from this email, click here

If you'd like to receive fewer emails, click here

If someone shared this email with you and you would like to subscribe, visit our newsletters page on Skift