{"id":48433,"date":"2024-04-25T12:09:18","date_gmt":"2024-04-25T12:09:18","guid":{"rendered":"https:\/\/hoptraveler.com\/index.php\/2024\/04\/25\/new-corporate-priorities-and-traveler-expectations\/"},"modified":"2024-04-25T12:09:19","modified_gmt":"2024-04-25T12:09:19","slug":"new-company-priorities-and-traveler-expectations","status":"publish","type":"post","link":"https:\/\/hoptraveler.com\/index.php\/2024\/04\/25\/new-company-priorities-and-traveler-expectations\/","title":{"rendered":"New company priorities and traveler expectations"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"formatted\">\n<p>Travel and expense (T&amp;E) insurance policies are having a heyday as journey managers replace their insurance policies to raised align with enterprise goals. The updates have two important impetuses: a resurgence of enterprise journey, as reported in a Mastercard <a href=\"https:\/\/www.mastercardservices.com\/en\/advisors\/economics\/insights\/travel-industry-trends-2023\" target=\"_blank\" rel=\"noopener\">traits<\/a> article from 2023,<sup>1<\/sup> and predictions of upper spending by 2025, in keeping with a Mastercard survey of enterprise journey managers in 2023.<sup>2<\/sup><\/p>\n<p><a href=\"https:\/\/www.mycwt.com\/news\/pr\/global-business-travel-and-events-costs-expected-to-remain-elevated-through-2024\/\" target=\"_blank\" rel=\"noopener\">Predicted<\/a> worth will increase,<sup>3<\/sup> new traveler expectations and a rising want for sustainable journey are forcing firms to rethink how they handle journey, talk insurance policies and management prices. Companies and workers are bringing a brand new understanding of the worth of face-to-face conferences and enterprise journey to this unchartered surroundings.<\/p>\n<p>How are firm leaders balancing the necessity to management prices towards traveler calls for for flexibility? How are they balancing requires productiveness towards the return on funding of face-to-face interactions?<\/p>\n<p>Mastercard labored with the BTN Group to survey two cohorts: journey decision-makers at giant firms, and enterprise vacationers who take six or extra enterprise journeys a yr. About half of the surveyed decision-makers handle journey globally; the remainder function regionally.<\/p>\n<h3>In this white paper, we talk about:<\/h3>\n<ul>\n<li>What is new in T&amp;E insurance policies<\/li>\n<li>The drive for compliance and price financial savings<\/li>\n<li>The significance of sustainability and <em>\u201cduty of care\u201d<\/em>\n<\/li>\n<li>What enterprise vacationers need in T&amp;E insurance policies<\/li>\n<li>Key reserving insurance policies for air and floor transportation, meals and lodging, and funds and expense administration<\/li>\n<\/ul>\n<p><em><sup>1. \u201cTravel industry trends 2023.\u201d Mastercard Economics Institute, 2023.<\/sup> <sup>2. \u201cNavigating global business travel.\u201d Mastercard, 10 August 2023.<\/sup> <sup>3. \u201cGlobal business travel and events costs expected to remain elevated through 2024, reflecting \u2018true new cost of travel\u2019.\u201d CWT, 10 August 2023.<\/sup><\/em><\/p>\n<p align=\"center\"><a href=\"https:\/\/www.hospitalitynet.org\/file\/152009199.pdf\" target=\"_blank\" class=\"cta-button blue download\" rel=\"noopener\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke-width=\"1.5\" stroke=\"currentColor\" class=\"h-6\"><path stroke-linecap=\"round\" stroke-linejoin=\"round\" d=\"M3 16.5v2.25A2.25 2.25 0 005.25 21h13.5A2.25 2.25 0 0021 18.75V16.5M16.5 12L12 16.5m0 0L7.5 12m4.5 4.5V3\"\/><\/svg>Download White Paper<\/a><\/p>\n<p><a href=\"http:\/\/www.hospitalitynet.org\/cdn-cgi\/l\/email-protection#70311c19031f1e5e3215021d111e301d1103041502131102145e131f1d\" target=\"_blank\" rel=\"noopener\">Alison Berman<\/a><br \/><a href=\"http:\/\/www.mastercardworldwide.com\" target=\"_blank\" class=\"external\" rel=\"noopener\">MasterCard Worldwide<\/a><\/p>\n<\/div>\n<footer class=\"tags\"><a href=\"https:\/\/www.hospitalitynet.org\/list\/1-10\/business-travel.html\" rel=\"nofollow noopener\" class=\"tag\" target=\"_blank\">Business Travel<\/a><\/footer>\n<aside class=\"related\"><a href=\"https:\/\/www.hospitalitynet.org\/organization\/17013324\/mastercard-worldwide.html\" aria-label=\"MasterCard Worldwide\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/i1.wp.com\/www.hospitalitynet.org\/picture\/s_153028261.jpg?t=1691668156&ssl=1\" width=\"64\" height=\"64\" alt=\"MasterCard Worldwide\" class=\"lazy\"\/><\/a><br \/>\n<\/aside>\n<p><text-ad visibility=\"xl:hidden in-article\" aside=\"true\"\/>\n<\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Travel and expense (T&amp;E) insurance policies are having a heyday as journey managers replace their insurance policies to raised align with enterprise goals. The updates have two important impetuses: a resurgence of enterprise journey, as reported in a Mastercard traits article from 2023,1 and predictions of upper spending by 2025, in keeping with a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hospitalitynet.org\/HN-icon.jpg","fifu_image_alt":"","footnotes":""},"categories":[36],"tags":[705,707,706,79],"class_list":{"0":"post-48433","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-europe-travel","8":"tag-corporate","9":"tag-expectations","10":"tag-priorities","11":"tag-traveler"},"_links":{"self":[{"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/posts\/48433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/comments?post=48433"}],"version-history":[{"count":0,"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/posts\/48433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/media\/48435"}],"wp:attachment":[{"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/media?parent=48433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/categories?post=48433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoptraveler.com\/index.php\/wp-json\/wp\/v2\/tags?post=48433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}