The traditional approach to managed travel leaves up to 20 percent of airfare spend and 50 percent of hotel spend out of the procurement process. And those numbers are on the rise. With the proliferation of mobile devices, suppliers are now targeting your travelers to get them to spend your money without you knowing it. With compliance in crisis, you can’t capture the data you need to drive savings and strategic supplier relationships. Join this session and learn how you can leverage technology and the Concur platform to reign in that spend, and gain more visibility and control.
17. #AribaLIVE @ariba
The Rise of the Sharing Economy
Cannot Be Denied or Ignored
17
Property listings for business travelers on Airbnb
Listings on general
Airbnb site
Bookies by business travelers in 2013, according to Lex Bayer, head of global
payments and business development at Airbnb2
Increase in Airbnb transactions captures in Concur expense reports in 2014
versus 20133
The proportion of traveling employees at global cloud computing company
Salesforce.com who have asked to book a room through Airbnb4
Airbnb market valuation June 2014, compared with U.S. $9.5 billion valuation
for Hyatt, founded 19575
500K
800K
8%
2,700%
>10%
$10B
34,000 cities | 190 countries | 17 million guests1
1 Airbnb, September 9, 2014
2 Airbnb on Uber on the business travel itinerary, Financial Times, August 8, 2014
3 Concur, July 29, 2014
4 Interview with Ralph Colunga, senior director global travel, meetings, and expense, Salesforce for this white paper, August 27, 2014
5 Hyatt CEO sees no threat from fast-growing Airbnb, Yahoo Daily Ticket, June 2, 2014