Trip.com Group’s corporate travel management brand, Trip.Biz, organized the Trip.Biz Corporate Travel Conference 2024 in Hong Kong, China, focusing on the theme “Transform for Growth: Harnessing Digitalized Business Travel for Time and Cost Savings.”

The event brought together approximately 150 customer partners, supplier partners, and representatives from prominent global business travel associations such as GBTA, United Airlines, American Express, and New World Millennium Hong Kong Hotel. They exchanged insights on breakthroughs and emerging trends in business travel. Trip.Biz, a corporate travel management brand under Trip.com Group, used the occasion to unveil its upcoming “Hotel Payment Solution.” This new offering aims to streamline corporate travel expense management, simplifying complex tasks and processes.

Trip.Biz remains dedicated to enhancing its all-in-one corporate travel management services through innovative technology. This commitment ensures that global enterprises receive comprehensive solutions that meet the evolving demands of business travel.

Sherwin Dai, General Manager of Trip.Biz Greater China, emphasized the importance of Hong Kong in business travel in the Asia-Pacific region. Due to its geographical advantages, Hong Kong is a key location connecting various regions and the world, with 125 operating routes. He also highlighted, “Enterprises place great emphasis on the cost-effectiveness of short-haul business travel. A comprehensive business travel booking and expense management platform can effectively control costs, plan budgets, simplify processes, and evaluate effects.” According to Trip.Biz data, currently, 80% of business travel falls under short-haul journeys.

Trip.Biz serves diverse business travel needs with a broad hotel network spanning major cities and key business travel hubs globally. The upcoming “Hotel Payment Solution” will enable seamless hotel bookings for employees, while streamlining expense management and expenditure data for management and administrative staff. This integration simplifies reconciliation processes and reduces the administrative burden related to reimbursements and daily tasks, ultimately boosting corporate efficiency.

Elle Ng-Darmawan, Regional Director, APAC, GBTA highlighted that business travel in the Asia-Pacific region leads globally: “The Asia Pacific region accounts for the largest share of business travel spend globally at 42%. This statistic underscores the immense importance of this region in shaping the trajectory of the travel industry on a global scale.” She further emphasized that digital transformation is driving innovation in the business travel industry, with over half of companies willing to apply AI technology to increase management efficiency.

Throughout the conference, partners delved into pivotal advancements and emerging trends within the business travel sector, demonstrating their commitment to industry innovation. Key themes of digital transformation and sustainable development garnered significant interest, with partners offering diverse perspectives and exchanging ideas.

Moving forward, Trip.Biz remains steadfast in delivering comprehensive digital solutions aimed at cost reduction, efficiency enhancement, and fostering business growth for enterprises. Collaboration with partners will continue to drive innovation and development within the business travel industry.