Traveling has become more common than ever. Due to reduced pricing, the airfare is no longer a hurdle for a traveller and hence there is a significant increase in passengers commuting through air travel. With such a big boom in the travel industry in the past few years, it has become very tough to meet the requirements of the passengers. The innovation in the travel industry is coming to the rescue by enhancing the travel experience. Corporate travel industry too has seen a rise in the travellers over the past few years. Since it isn’t easy to manage the travel of a corporate conglomerate, innovative travel portals are being designed to enhance the user experience. Improvements in the travel technology have led to the creation of such travel management systems that optimize travel and cost for a company.
Based on the travel trends, corporates are traveling more than ever and hence a dedicated travel management system has become important. The new trends and technologies incorporated in these travel portals make them user-friendly and easy to use. Some of the features that are beneficial for corporate travel are:

1. Artificial Intelligence: The current travel portals are smarter and are capable of providing the right information to a user based on his previous travel history. Moreover, a company can use AI based analytics tools to track the travel budget and usage for optimizing cost. Insights like budget airline options, moving business class tickets to economy class for certain sector travels etc. can be generated through data analysis.

2. Business and Leisure Travel: The employees nowadays find some time from their busy office schedule to explore the local area when on travel. This has been an increasing trend over a past few years. Amalgamation of business and leisure travel is becoming a lucrative segment and hence companies can save cost by adding the leisure feature in business travel.

3. Duty of care: In this fickle world safety is of utmost concern. With the invention of GPS technology and smartphones, the companies are able to execute risk management for its employees efficiently.

4. Importance of cybersecurity: Cyber fraud is a big concern for conglomerates. With technologies like end-to-end automation, data encryption etc. the corporates are securing their information during business travel.

The travel technology innovations have taken the travel experience to another level for a user. This has led to the exponential growth of the tourism industry. These travel management systems designed based on the latest trends and technologies are a great help in managing the entire travel for a company. These portals are automated, safe, secure, smart, cost-effective, and highly efficient. QuadLabs( http://www.quadlabs.com/Company/about-us ) is a company that develops such customized travel portals for companies for managing their travel in an efficient manner. Do reach out to the team at QuadLabs for a demo.