Tag / Solutions Group
Press releases • Sep 11, 2019 05:57 GMT
CWT Solutions Group, the consulting arm of CWT, the B2B4E travel management platform, is expanding its travel services outsourcing offering, following the positive reception from its first 26 clients across a variety of industries.
Blog posts • Aug 14, 2019 03:38 GMT
Corporate travel programs are increasingly ditching the annual hotel sourcing ritual in favor of longer-term commitments. Why? Multi-year contracts mean less time spent sourcing, and more time optimizing and building strategic relationships with suppliers.
News • Jul 31, 2019 07:22 GMT
After posting sharp rises in 2019, prices in the global travel industry are likely to slow in 2020, with flights rising a modest 1.2%, hotels rising only 1.3%, and rental car rates up 1%, according to the sixth annual Global Travel Forecast, published today by CWT and GBTA.
Blog posts • Apr 24, 2019 10:03 GMT
Managing the local portion of a large corporate hotel program requires you to live in two worlds. You have to design a plan to accommodate the distinctive needs of your region while also taking your company’s larger travel strategy into consideration.
Press releases • Mar 12, 2019 07:42 GMT
CWT Solutions Group, the consulting arm of CWT, the B2B4E travel management platform, forecasts global average ticket prices (ATP) for air bookings will drop to around US$673 by April, down just over 4% from February levels, as published fares correct from the sharp increase seen in the first two months of the year.
Blog posts • Jan 15, 2019 08:52 GMT
Average ticket price (ATP) for air is forecast to increase by 2% globally in February, despite what many economists predict will be a softer global economy heading into 2019. Between anxiety over trade wars, a chaotic Brexit negotiation, and jittery markets, the global economy is expected to decelerate, but, the key is, it will remain above trend, which is helping to shield prices.
Blog posts • Dec 20, 2018 08:06 GMT
The use of payment methods other than corporate cards is a pain point for travel managers, travelers and Travel Management Companies (TMC) alike. For the former, it makes tracking expenses more difficult; and for the latter it means wasted time in filing receipts. For the TMCs, spending time on admin tasks doesn’t add much value for customers – so all round, a lot of wasted time.
Blog posts • Dec 07, 2018 08:43 GMT
“If you can look into the seeds of time and say which grain will grow and which will not, speak then unto me.” Since the beginning of times, humankind has been obsessed with predictions. Fortunately, nowadays we don't need to rely on oracles or witches of any sort. We have powerful algorithms that allow us to predict the future and even change it.
Press releases • Nov 29, 2018 08:03 GMT
CWT Solutions Group, CWT’s consulting division, has built an advanced data model that sifts through large historic travel data sets, as well as public data on commodity prices, macro-economic indicators, weather, and holidays. Those data are analyzed to identify patterns and correlations, generating robust predictions for a company’s future spend.
Press releases • Nov 05, 2018 08:10 GMT
According to research commissioned by CWT, the global travel management company, four in ten business travelers admit to using corporate cards for personal purchases – 46% of American and European travelers, and 38% of travelers in Asia Pacific.
Blog posts • Oct 30, 2018 09:52 GMT
Average ticket prices (ATPs) for air are forecast to drop globally in November and December following a sell-off in oil prices in mid-to-late October, coupled with traditionally slower months for business travel around the holidays that is expected to dampen demand.
Blog posts • Sep 18, 2018 07:12 GMT
If you have been in travel management for a while, you have probably redefined your travel program to a state-of-the-art level - trimming traditional travel expenses like air, hotel and ground transportation to perfection. However, are you sure you are getting the full picture of your travel and expenses (T&E) spend and supplier usage?
Blog posts • Aug 07, 2018 09:05 GMT
Blog posts • Aug 02, 2018 07:02 GMT
Sydney Domestic Airfares to Most Capital Cities Up More Than 5%, Hotel Rates Also Climb: CWT/CAPA Report
Press releases • Aug 01, 2018 02:34 GMT
Airfares on several key routes from Sydney continue their relatively steep rise as the fare wars seen a few years ago subside into the background and the major airlines focus on profitability. Meanwhile, hotel occupancy in the city remains well over 80%, resulting in an increase in average daily rates (ADRs) and last room availability (LRA) rates.
Press releases • Jul 31, 2018 07:00 GMT
Carlson Wagonlit Travel, the global travel management company, has launched CWT Travel Consolidator, an analytics tool that captures every part of an organization’s travel and expense spend, helping travel managers make the right decisions, and saving clients money.
Blog posts • Jul 24, 2018 08:33 GMT
“May you live in interesting times,” former U.S Attorney General Robert F. Kennedy famously said in 1966. Indeed. It can feel like we popped a Mentos in a bottle of Coke. There’s Brexit, potential trade wars, the Antarctic melting faster than a forehead full of black market Botox.
Press releases • Jul 24, 2018 08:07 GMT
Travel prices are expected to rise sharply in 2019, with hotels going up 3.7%, and flights 2.6%, driven by a growing global economy and rising oil prices, according to the fifth annual Global Travel Forecast, published today by GBTA and CWT with the support of the Carlson Family Foundation.
Blog posts • Jul 17, 2018 09:31 GMT
My colleague Eric Tyree shed some light on predictive analytics, so there's no need for me to dive into definitions and theories. Let me take the pragmatic approach instead and share with you some of the coolest developments we’re working on at the moment. We may not be Gandalf, the wizard from Lord of the Rings, but data enables us to create our own magic.