BCD Travel buyer survey: Travel & expense spend management is growing in importance

According to a recent BCD Travel survey of 164 travel buyers worldwide, the importance of travel and expense spend management has increased in priority, reaching its highest level since 2020. In 2023, 88% of buyers regarded payment & expense management as “very important” or “extremely important,” compared to 76% in 2021.

Stephan Baars assumes role of BCD Travel president and CEO

Stephan Baars this week assumed the role of BCD Travel president and CEO. Having previously served as the company’s global CFO for 11 years, he left BCD to become CEO of BORON, the private investment company of BCD founder John Fentener van Vlissingen. Baars returns with a vision of building on the company’s success.