Latest news with #BCDTravel
Travel Daily News
2 days ago
- Business
- Travel Daily News
BCD Travel: Data drives smarter travel management
BCD Travel survey reveals data is crucial for travel buyers, aiding cost control, compliance, supplier negotiations, and real-time decision-making through advanced analytics. UTRECHT, THE NETHERLANDS – BCD Travel surveyed 197 travel buyers from around the world in top industries including manufacturing, life sciences and financial services. The majority of travel buyers surveyed work for large companies with over 10,000 employees;48% have global responsibilities, and 41% report to procurement.The results clearly reflect the importance of using data as a tool to develop their travel programs, including boosting supplier negotiations, improving policy compliance and optimizing travel spend. Priorities When it comes to program priorities, travel buyers list savings and cost control (94%) as extremely or very important. Policy compliance (90%) and duty of care (86%) followed. Data analytics and business intelligence were also highly rated: 82% consider this extremely or very important. The top two data-related priorities include enhancing collaboration with TMCs and travel suppliers around data collection and analysis (48%) and improving data quality (47%). This is followed by consolidating data from different sources (44%), enhancing data analysis (42%), acting on insights (36%) and streamlining data collection (33%). The value of data Indeed, data adds value to travel programs, albeit in different ways. Travel data brings particular value when it comes to negotiating with vendors (65%), improving compliance (59%) and optimizing spend (57%). Challenges Collecting data for data's sake isn't the goal. Rather, understanding the story that data reveals, and turning it into actionable insights, is. Half of the participants struggle with using data proactively versus reactively. This is a significant opportunity for improvement since data can reveal areas for cost savings, traveler behavior trends, and out of policy bookings. BCD captures valuable data from the moment a traveler engages with the TMC. Its configurable technology platform collects, standardizes, normalizes, enriches and shares that data with customers – giving them complete control over their data in real time. APIs allow clients more customization to power their own solutions for traveler security, internet security, sustainability, and more. BCD also uses program travel data with messaging capabilities to influence traveler decisions. This can be used to address policy compliance throughout the trip and remind travelers of key benefits and inclusions, preventing unnecessary purchases like car insurance when it's already included. Further highlights of the report include: Most travel buyers regularly dedicate time to working with travel data. Whereas 74% of respondents have the skills and experience needed to interact with data, 56% prefer to leave working with data to professionals. Although 60% regularly check their dashboards and analyze new data, 40% interact with travel data only when absolutely needed. Lack of time (44%) was the main reason for infrequent interaction with data. TMCs are a major source of travel data for most travel buyers (89%). Respondents report payment and expense solutions (69%) and online booking tools (66%) as their top external data sources. Two in 10 use external data aggregators or consultants. Only one out of 10 use AI to collect, analyze and report travel data. The main reason for employing AI is to save time. Travel buyers consider real-time analytics that allows spotting trends (64%) as the most valuable feature of data analytic tools, followed by built-in dashboards (57%). 'BCD Travel is capturing more data from more sources than ever before,' says Heather Wright, BCD's Vice President, Digital Strategy & Advancement. 'We invest heavily in the consolidation, standardization and normalization of this data, ensuring the most accurate, quality data is provided back to our customers. We deliver this data through a variety of unique solutions that allow our customers to make decisions in real time.' By leveraging advanced analytics and new technologies, BCD offers clients accurate, actionable insights that support their evolving needs. Clients benefit from BCD's data solutions and access to its full-service analytics and insights teams. This empowers smarter decision-making across travel programs.
Hospitality Net
5 days ago
- Business
- Hospitality Net
BCD Travel's latest travel buyer report highlights the importance of leveraging travel data to meet program priorities
UTRECHT, The Netherlands – BCD Travel surveyed 197 travel buyers from around the world in top industries including manufacturing, life sciences and financial services. The majority of travel buyers surveyed work for large companies with over 10,000 employees; 48% have global responsibilities, and 41% report to procurement. The results clearly reflect the importance of using data as a tool to develop their travel programs, including boosting supplier negotiations, improving policy compliance and optimizing travel spend. Priorities When it comes to programpriorities, travel buyers list savings and cost control (94%) as extremely or very important. Policy compliance (90%) and duty of care (86%) followed. Data analytics and business intelligence were also highly rated: 82% consider this extremely or very important. The top two data-related priorities include enhancing collaboration with TMCs and travel suppliers around data collection and analysis (48%) and improving data quality (47%). This is followed by consolidating data from different sources (44%), enhancing data analysis (42%), acting on insights (36%) and streamlining data collection (33%). The value of data Indeed, data adds value to travel programs, albeit in different ways. Travel data brings particular value when it comes to negotiating with vendors (65%), improving compliance (59%) and optimizing spend (57%). Challenges Collecting data for data's sake isn't the goal. Rather, understanding the story that data reveals, and turning it into actionable insights, is. Half of the participants struggle with using data proactively versus reactively. This is a significant opportunity for improvement since data can reveal areas for cost savings, traveler behavior trends, and out of policy bookings. BCD captures valuable data from the moment a traveler engages with the TMC. Its configurable technology platform collects, standardizes, normalizes, enriches and shares that data with customers – giving them complete control over their data in real time. APIs allow clients more customization to power their own solutions for traveler security, internet security, sustainability, and more. BCD also uses program travel data with messaging capabilities to influence traveler decisions. This can be used to address policy compliance throughout the trip and remind travelers of key benefits and inclusions, preventing unnecessary purchases like car insurance when it's already included. Further highlights of the report include: Most travel buyers regularly dedicate time to working with travel data. Whereas 74% of respondents have the skills and experience needed to interact with data, 56% prefer to leave working with data to professionals. Although 60% regularly check their dashboards and analyze new data, 40% interact with travel data only when absolutely needed. Lack of time (44%) was the main reason for infrequent interaction with data. TMCs are a major source of travel data for most travel buyers (89%). Respondents report payment and expense solutions (69%) and online booking tools (66%) as their top external data sources. Two in 10 use external data aggregators or consultants. Only one out of 10 use AI to collect, analyze and report travel data. The main reason for employing AI is to save time. Travel buyers consider real-time analytics that allows spotting trends (64%) as the most valuable feature of data analytic tools, followed by built-in dashboards (57%). 'BCD Travel is capturing more data from more sources than ever before,' says Heather Wright, BCD's vice president, Digital Strategy & Advancement. 'We invest heavily in the consolidation, standardization and normalization of this data, ensuring the most accurate, quality data is provided back to our customers. We deliver this data through a variety of unique solutions that allow our customers to make decisions in real time.' By leveraging advanced analytics and new technologies, BCD offers clients accurate, actionable insights that support their evolving needs. Clients benefit from BCD's data solutions and access to its full-service analytics and insights teams. This empowers smarter decision-making across travel programs. To view the full data survey report, click here. About BCD Travel BCD Travel helps companies travel smart and achieve more. We drive program adoption, cost savings and talent retention through digital experiences that simplify business travel. Our 15,000+ dedicated team members service clients in 170+ countries as we shape a sustainable future for business travel. BCD's leading meetings and events management and global consultancy services complete our comprehensive suite of solutions for all aspects of corporate travel. In 2024, BCD achieved US$22.9 billion in sales. For more information, visit
Hospitality Net
13-05-2025
- Business
- Hospitality Net
Amadeus and BCD Travel Partner to Provide Cytric Easy for Microsoft Teams
Travel technology provider Amadeus has signed an extended partnership with BCD Travel which will see the global travel management company become the latest reseller of Cytric Easy for Microsoft Teams. BCD Travel is an existing Amadeus Cytric reseller, with the expanded partnership now including the innovative travel management collaboration solution embedded into Microsoft Teams. Through the new integration, corporate travel managers will have access to the benefits of Cytric Easy technology as part of the BCD Travel portfolio. Combining Cytric Easy for Microsoft Teams with the global reach of BCD Travel will allow more corporate travel managers to provide a collaborative experience to corporate travelers. Direct benefits may include trip cost reductions, but also stronger value of business trips via enhanced collaboration opportunities. We're delighted about this expanded partnership and the ability to deliver innovative solutions like Cytric Easy through our open platform. This integration allows us to meet travelers where they are for quick and easy booking, while promoting in program choices that reduce costs for our customers. Thane Jackson, Senior Vice President, Supplier Management & Delivery, BCD Travel Cytric Easy for Microsoft Teams is a travel management collaboration tool that allows users to search, compare, and book a hotel, flight, or car rental, without leaving Microsoft Teams. The solution gives users the ability to share trip information, including trips from the airport or rail station with Share My Transfer, minimizing planning time and maximizing efficiency. As part of our mission to redefine the future of business travel, Amadeus provides a frictionless, intuitive and reliable experience through Cytric Easy. By embedding Cytric capabilities within everyday collaborative applications like Microsoft Teams, we make planning, booking and approving flights, hotels, and mobility more efficient than ever before. Mark Cullen, Chief Commercial Officer, Amadeus Cytric BCD Travel seeks to offer travelers innovative tools which keep them safe and productive on the road. The company partners with travel and procurement leaders to simplify the complexities of business travel, drive savings and increase satisfaction. About Amadeus Amadeus makes the experience of travel better for everyone, everywhere by inspiring innovation, partnerships and responsibility to people, places and planet. Our technology powers the travel and tourism industry. Inspiring more open ways of working. More connected ways of thinking, centered around the traveler. Our open platform connects the global travel and hospitality ecosystem. From startups to big industry players and governments too. Together, redesigning the travel of tomorrow. We are working to make travel a force for social and environmental good. A collective responsibility to protect and improve the people and places we visit, ensuring travel continues to make positive contribution to our world. We apply innovation to meet new needs, to solve real challenges. Our truly diverse global workforce, made up of 150 nationalities, is passionate about travel and technology. We are an IBEX 35 company, listed on the Spanish Stock Exchange under We have also been recognized by the Dow Jones Sustainability Index for the last 13 years. Amadeus. It's how travel works better. To find out more about Amadeus, visit Follow us on: Facebook, Twitter, LinkedIn, and Instagram. View source
