{"id":163248,"date":"2024-12-18T11:08:48","date_gmt":"2024-12-18T11:08:48","guid":{"rendered":"https:\/\/www.itilite.com\/in\/blog\/\/"},"modified":"2024-12-24T15:50:19","modified_gmt":"2024-12-24T15:50:19","slug":"2024-travel-recap","status":"publish","type":"post","link":"https:\/\/www.itilite.com\/in\/blog\/2024-travel-recap\/","title":{"rendered":"2024 Year in Review: itilite Wins and Product Innovations"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"512\" height=\"268\" src=\"https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/18110408\/travel-recap-and-updates.jpg\" alt=\"travel recap and updates\" class=\"wp-image-163249\" style=\"width:840px;height:auto\" srcset=\"https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/18110408\/travel-recap-and-updates.jpg 512w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/18110408\/travel-recap-and-updates-300x157.jpg 300w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/18110408\/travel-recap-and-updates-360x188.jpg 360w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<p>As 2024 wraps up, it\u2019s the perfect time to look back on the year in business travel. You&#8217;ve probably noticed many changes this year if you\u2019ve been traveling frequently or managing corporate trips. It\u2019s been a year filled with updates, shifts, and travel trends 2024 that have changed how we approach business travel.&nbsp;<\/p>\n\n\n\n<p>According to <a href=\"https:\/\/www.gbta.org\/business-travel-industry-reflects-on-a-resilient-2024-sets-optimistic-plans-for-growth-technology-and-sustainability-in-2025\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">GBTA<\/a>, 86% of global travel buyers and suppliers said business travel performed well or better than expected in 2024. Even more promising, 67% of professionals are optimistic about the industry&#8217;s future, showing a positive outlook for 2025.<\/p>\n\n\n\n<p>This year, from higher travel costs to the rise of new technology, had its share of challenges and wins. Let\u2019s look at the 2024 travel recap of business travel for itilite:<\/p>\n\n\n\n<ul>\n<li>What are the product updates and innovations?<\/li>\n\n\n\n<li>What are the achievements?<\/li>\n\n\n\n<li>Customer testimonials<\/li>\n\n\n\n<li>What\u2019s in store for the future?<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-business-travel-2024-the-year-of-resilience-nbsp\">Business Travel 2024: The Year of Resilience&nbsp;<\/h2>\n\n\n\n<p>At the start of the year, business travel seemed poised for a rebound after the pandemic\u2019s disruptions. While some predicted a slow recovery, 2024 proved that business travel is back in full force.&nbsp;<\/p>\n\n\n\n<p>With companies across industries embracing travel for face-to-face meetings and international collaborations, business travel saw impressive growth. The industry saw a resurgence in demand for domestic and international travel, driven by a strong desire to reconnect, innovate, and expand.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-surge-in-business-travel-in-2024\">The Surge in Business Travel in 2024<\/h3>\n\n\n\n<p>In the 2024 travel recap, global business travel spending is expected to hit a record US$1.5 trillion in 2024. This would surpass pre-pandemic levels by 6.2%,<a href=\"https:\/\/researchhub.wttc.org\/product\/economic-impact-report-global-trends\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> according to new research<\/a> from the World Travel and Tourism Council (WTTC). The US will account for 30% of this total, with spending projected to reach US$472 billion, which is 13.4% higher than its 2019 spending.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-itilite-recap-of-2024\">itilite: Recap of 2024<\/h2>\n\n\n\n<p>2024 has been a year of significant milestones and progress as we innovate and deliver value to our customers. From introducing new features to refining existing solutions, we focused on making business travel and expense management smarter, simpler, and more efficient. This year has been about growth\u2014not just in numbers, but in how we empower businesses to achieve more while spending less.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-itilite-2024-business-travel-recap-product-releases-amp-innovations-at-itilite\">itilite 2024 Business Travel Recap: Product Releases &amp; Innovations at itilite<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-simplified-hotel-payments-with-credit-card-authorization\">1. Simplified Hotel Payments with Credit Card Authorization<\/h3>\n\n\n\n<p>Are you tired of juggling receipts, managing check-ins, and organizing travel for your team? itilite platform\u2019s <a href=\"https:\/\/www.itilite.com\/credit-card-authorization\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">credit card authorization program<\/a> is here to save the day! Create one-time virtual cards for each traveler, allowing hotels to charge securely\u2014no fraud risks or manual headaches.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"488\" height=\"455\" src=\"https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052600\/recap-of-2024-2.png\" alt=\"\" class=\"wp-image-163255\" srcset=\"https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052600\/recap-of-2024-2.png 488w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052600\/recap-of-2024-2-300x280.png 300w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052600\/recap-of-2024-2-360x336.png 360w\" sizes=\"(max-width: 488px) 100vw, 488px\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-automated-credit-card-spend-reconciliation\">2. Automated Credit Card Spend Reconciliation<\/h3>\n\n\n\n<p>With itilite, credit card spends are <a href=\"https:\/\/www.itilite.com\/blog\/corporate-credit-card-reconciliation\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">automatically reconciled<\/a> and tracked, saving you time, effort, and unnecessary stress. You don\u2019t have to worry about reconciling your travel expenses manually again.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. Seamless Integration with Assist ATS<\/h3>\n\n\n\n<p>We have opened our API suite to integrate with a leading ATS, Assist. Assist is a SaaS platform designed to streamline every aspect of healthcare staffing agency operations in one centralized system.&nbsp;<\/p>\n\n\n\n<p>Tailored specifically for the end-to-end applicant tracking needs of the healthcare staffing industry, Assist brings over 20 years of expertise in successfully placing locum tenens professionals.<\/p>\n\n\n\n<p>With itilite x Assist integration, users added to Assist are automatically synced with itilite, and any trips booked in itilite flow directly into Assist. This makes the entire process smooth and hassle-free for the central bookers.&nbsp;<\/p>\n\n\n\n<p>Further, the integration allows our customers and partners to build custom integration and apps. Initial APIs focus on HR and expense management use cases, with plans to expand and add more as demand and usage increase.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. A Smarter Car Rental Experience<\/h3>\n\n\n\n<p>Car rentals just got an upgrade! Our reimagined booking interface has smarter filters, enhanced membership capabilities, and a cleaner look. Finding the perfect rental car is now quicker and more convenient than ever.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. Centralized Hotel Payments Made Easy<\/h3>\n\n\n\n<p>Stop worrying about lost receipts or check-in errors! With centralized payments and credit card authorization, hotel payments are streamlined like never before. Centralize your bookings, automate the process, and enjoy smooth, error-free travel arrangements.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">6. View Live Fares While Approving&nbsp;<\/h3>\n\n\n\n<p>Approvers can now view live fares, sold-out options, and detailed add-ons in real time before approving a booking. This means fewer back-and-forth emails and complete transparency for everyone involved.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"512\" height=\"403\" src=\"https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052619\/2024-Travel-Recap-1.png\" alt=\"\" class=\"wp-image-163257\" srcset=\"https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052619\/2024-Travel-Recap-1.png 512w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052619\/2024-Travel-Recap-1-300x236.png 300w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052619\/2024-Travel-Recap-1-360x283.png 360w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Redefined Business Travel 2024 With Meaningful &amp; Strategic Partnerships<\/h2>\n\n\n\n<p>As we look at the travel recap and updates over the past year, we have made significant strides in building strategic relationships. It strengthens our understanding of market dynamics and enhances the customer experience.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. Ground Mobility Made Easy<\/h3>\n\n\n\n<p>Traveling on the road? We\u2019ve teamed up with Enterprise Mobility, the largest player in the U.S., to offer top-notch transportation options. Plus, partnerships with Avis, Budget, and Thrifty mean our clients get access to reliable and flexible options no matter where their journey takes them. It\u2019s all about giving you choices that work for your needs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Better Deals with Airlines<\/h3>\n\n\n\n<p>We\u2019ve secured exceptional deals with United Airlines, covering both domestic and international travel, to help clients save more while traveling in comfort. With Delta Airlines, we\u2019re aligning with their NGS vision to make booking smarter, more transparent, and innovative.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. Smarter Tech with GDS Integration<\/h3>\n\n\n\n<p>Travel tech is a game-changer, and we\u2019re embracing it fully. Our collaboration with GDS partners such as Travelport has allowed us to deliver cutting-edge solutions, including EDIFACT content, automated cancellations, and NDC content integration. It\u2019s all designed to make corporate travel faster and more efficient for everyone involved.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. Exceptional Member Rates for Hotel Bookings<\/h3>\n\n\n\n<p>When it comes to hotels, we\u2019ve got it covered. Our partnerships with top brands like Hilton, Marriott, IHG, and more ensure our clients get exceptional room rates without sacrificing quality. <strong>&nbsp;<\/strong>Since July 2024, member rates for Hilton, IHG, and other major hotel chains have been available on itilite. From cost savings to premium stays, we ensure business travel feels like a breeze.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">It\u2019s All About You<\/h3>\n\n\n\n<p>Our commitment to making travel simple, seamless, and valuable for our clients is at the heart of it all. These partnerships are just the beginning of how we\u2019re innovating to save you time, money, and effort while enhancing the overall experience.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Customer Love and Reviews<\/h2>\n\n\n\n<p>Our customers are delighted to use itilite! Don\u2019t just take our word for it\u2014hear it straight from those who\u2019ve experienced the itilite difference.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><em>\u201cItilite has revolutionized the way we travel. We had formerly relied on pen and paper and individual expenses to book our travel. With many locations globally it was a mess. Thanks to ITILITE&#8217;s all encompassing and easy to use platforms, our employees book with ease and through their detailed reporting we can guarentee that every trip is documented and covered! This has been not a relief for individual employees but our company as a whole!\u201d<\/em><br><em>-Regional Treasury Co-Manager Enterprise(&gt; 1000 emp.)<\/em><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><em>\u201cI really appreciate not having to search multiple other sites to find hotel, airfare or rental cars. Everyone I know who has reached out to customer service (myself included) have been very happy with the response. I also like being able to bundle all aspects of a trip (flight, hotel and rental car). You can add your rewards accounts in you profile and even get some better deals if you are a reward member with that specific company. As someone who also approves expense reports in Itilite, that process is very user friendly, I get an email that someone has submitted and I am able to approve it quickly and effortlessly.\u201d<\/em><br><em>-Manager of Program Development and Efficacy Small-Business(50 or fewer emp.)<\/em><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">2024 Awards &amp; Recognition<\/h2>\n\n\n\n<p>As we reflect on the recognition of our 2024 travel recap, we\u2019re proud of the strides we\u2019ve made and excited for what lies ahead in shaping the future of corporate travel and expense management.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052703\/Creative-image-for-TL-2024-wrapup-1024x536.jpg\" alt=\"\" class=\"wp-image-163259\" srcset=\"https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052703\/Creative-image-for-TL-2024-wrapup-1024x536.jpg 1024w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052703\/Creative-image-for-TL-2024-wrapup-300x157.jpg 300w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052703\/Creative-image-for-TL-2024-wrapup-768x402.jpg 768w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052703\/Creative-image-for-TL-2024-wrapup-360x188.jpg 360w, https:\/\/d1ss4nmhr4m5he.cloudfront.net\/wp-content\/uploads\/sites\/3\/2024\/12\/19052703\/Creative-image-for-TL-2024-wrapup.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Looking Ahead: Business Travel in 2025 and Beyond<\/h2>\n\n\n\n<p>Staying ahead means finding smarter ways to manage business travel. That\u2019s where itilite comes in. We\u2019ve got your back with 24\/7 support, so your team is never stuck during disruptions.<\/p>\n\n\n\n<p>Our software makes booking, approvals, and expense management a breeze. It saves time and reduces hassle. Plus, we help you stretch your budget further with features like tracking unused credits and deal negotiations. In a time when every penny counts, <a href=\"https:\/\/www.itilite.com\/in\" target=\"_blank\" rel=\"noreferrer noopener\">itilite<\/a> helps you travel smarter, easier, and more efficiently.<\/p>\n\n\n\n<p>Book a free demo and make 2025 a great year for your business travel!<\/p>\n\n\n\n<p><\/p>\n\n\n<p><a data-toggle=\"modal\" data-target=\"#blogfreedemo2\"><img decoding=\"async\" src=\"https:\/\/6378157.fs1.hubspotusercontent-na1.net\/hubfs\/6378157\/hub_generated\/resized\/0a5b1df9-605e-45c7-89af-1963460b8d43.png\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As 2024 wraps up, it\u2019s the perfect time to look back on the year in business travel.<\/p>\n","protected":false},"author":12,"featured_media":163249,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[11],"tags":[17],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v24.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2024 Travel Recap: Business Travel Wins and Challenges<\/title>\n<meta name=\"description\" content=\"Let\u2019s take a look at the 2024 travel recap and updates\u2014what worked, what didn\u2019t, and what the future holds for business travel.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.itilite.com\/in\/blog\/2024-travel-recap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2024 Year in Review: itilite Wins and Product Innovations\" \/>\n<meta property=\"og:description\" content=\"Let\u2019s take a look at the 2024 travel recap and updates\u2014what worked, what didn\u2019t, and what the future holds for business travel.\" \/>\n<meta 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