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Highlights
Car Rental and Chauffeur Services Industry Trends, Opportunities, & Impacts for 2021

TCG is helping our clients prepare for the return and continuity of business travel; we could not ignore the severity that COVID-19 has impacted on the travel and transportation industry. To kick off the initiative, Enterprise Holdings promised to provide a one-count Clorox Disinfecting Wipe in every vehicle rented through its brands – Enterprise Rent-A-Car, National Car Rental and Alamo Rent-A-Car. The bankruptcy petition lists liabilities between $500 million to $1 billion, with estimated assets of $100 million to $500 million. The Giltrap Group is New Zealand’s leading automotive company with over 50 years in the automotive market, providing an infrastructure that includes distribution, retail, and vehicle financing.

TCG Receives the 2021 SAP APJ Award

TCG Consulting announced today it is the recipient of an SAP® Asia Pacific Japan Award for Partner Excellence 2021 for SAP® Concur® Solutions. To that end, I am pleased to recognize and congratulate TCG Consulting as the recipient of this SAP Partner Excellence Award 2021 for SAP Concur Solutions. With early customer engagements focused on first-time expense management automation, globalization and integration with front-end travel; today, the significant majority of SAP Concur solutions and TCG’s client-centric delivery is placed on helping organizations continue to design and implement scalable spend under management optimization. TCG projects that this required and urgent T&E program transformation will directly engage several businesses using SAP Concur solutions in the APJ region, with several scalable and global resulting outcomes.

Global Meetings Industry Updates

As the meeting industry works to resurface and build a new model to support the requirements of the pandemic, the impact to cost is varied. All attendees, or most, meet in person in various regions connected by technology These meeting formats will reduce overall traditional onsite costs; however, in turn, they will incur new forms of technology costs. From the use of virtual reality site visits to replace in person site visits; attendee communication and registration; venue selection and contracting; and to providing connectivity to virtual attendees. Meetings, Payment and Expense) is comprised of 4 pillars; This approach fully addresses the reality that 82% of corporate travel programs are now classified as “mature” which is characterized by stagnation, diminished returns, increasing program bypass and decreasing NPS metrics.

End of Year Review

2020 is reshaping the way we manage travel, meetings, payment, and expense. We’d like to thank the 24 global experts who contributed to our 7 part TCG Global Insight Series that we led during the pandemic, presenting unique vantage points and pointing our way forward. Special thanks to global leaders Nestlé, Kimberly-Clark, Regeneron, Ares Management, SAP Concur, FROSCH, Mastercard, White & Case, Tokyo Electron, BASF, WSP, and many many more! We look forward to seeing you in 2021!

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