Asian American Hotel Owners Association recently issued the following announcement.
Corporate travel is rebounding, creating an opportunity for hoteliers to incorporate more technology into their business operations to keep up with the needs of modern business travelers. According to the Global Business Travel Association (GBTA), business travel spending worldwide will likely jump more than 38 percent this year and return to pre-pandemic levels in 2024, with revenues topping $1.48 trillion at that time. As more people travel for work and embrace tech-savvy options, some hoteliers are leveraging technology to provide a seamless, direct billing process. To make this possible, hoteliers are considering offering invisible invoicing options, building direct relationships with corporate travelers, and streamlining the purchasing process. For time-strapped corporate travelers, this payment transformation can be a game-changer when staying at a hotel.
Original source can be found here.
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