2021 U.S.-Booked Air Volume: $5 million
2021 Global T&E: $56 million
Primary Air Suppliers: American, British Airways, Delta, United
Primary Hotel Suppliers: Marriott, Hyatt, Hilton
Primary Car Rental Suppliers: Hertz, Avis
Primary Global Online Booking Tool: Concur
Primary U.S. Payment Supplier: American Express
Card Program: Individual Bill/Central Pay
Primary Global Expense Supplier: Internal system
Primary Global Travel Risk Management Supplier: ISOS
Consolidated Global TMC: BCD
Bloomberg in 2021 resumed general business travel,
prioritizing cities and countries where restrictions had been lifted. The
travel department collaborated with the return to office team to establish a
‘Covid Commuting Program’ that helped bring workers back to the physical
buildings, starting in the first half of 2021.
With a focus on traveler well-being, the company eased some
restrictions on its business-class air policy. Bloomberg’s travelers now make
their air bookings further from the time of travel, with 97 percent going
through the company’s approved travel management company channel. The media
company did not enforce a travel approval policy either during the height of
Covid or after. It expects business travel will return to pre-covid travel
levels within 12 months. Pre-Covid, BTN estimated Bloomberg’s annual travel
spend to be $47 million in 2019.