Did you know that 80% of companies consider flexibility the number one criterion for business travel?
Long dominated by centralized solutions like GDS and Travel Management Companies (TMCs), the business travel industry is now seeing the rise of more agile models based on multimodal and multi-supplier aggregation. Enabled by APIs and artificial intelligence, this approach promises a smoother experience and lower costs for businesses. This article explores this transformation and its implications for industry players.
Optimizing Business Travel: Flexibility and Cost Reduction Through New Technologies
Companies are looking for solutions that allow them to optimize travel management while reducing costs. However, traditional models rely on multiple intermediaries, leading to higher fees and less flexibility in supplier selection. The rise of API-first solutions now enables a more direct approach, reducing intermediaries and providing better cost control.
Business Travel: How Multimodal Aggregation is Transforming Mobility?
With the diversification of transportation options (airplanes, trains, ride-hailing services, micro-mobility, etc.), businesses need simplified access to a complete and optimized offering. Multimodal and multi-supplier aggregation centralizes these options within a single platform, ensuring better visibility and a more intuitive user experience.
The Advantages of an API-First Approach
API-first solutions leverage advanced technologies to provide direct access to supplier inventories without relying on traditional GDS. This offers several key benefits:
• Cost reduction: Fewer intermediaries mean fewer hidden fees.
• Advanced personalization: AI adapts recommendations to the specific needs of companies and their employees.
• Process automation: From booking to reporting, everything becomes more streamlined and efficient.
API-First in Business: What Challenges for Successful Adoption?
While these technologies offer numerous benefits, they still need to overcome several challenges:
•Paradigm shift: Companies must rethink how they manage travel and move away from centralized models.
•Interoperability: Ensuring seamless integration with existing management tools (ERP, accounting, etc.).
•Trust and adoption: Decision-makers must be convinced of the real cost and efficiency benefits.
The travel tech sector is undergoing a major evolution with the emergence of API-first solutions and a multimodal approach. These innovations provide a concrete response to business travel challenges, offering companies greater flexibility, cost reduction, and an optimized experience. The future belongs to those who can embrace these new models and adapt to the expectations of both travelers and travel managers.
Is your company ready to adopt an API-first solution? Contact us to learn more about solutions tailored to your needs.
