Airbnb Takes On Business Travel With Concur Partnership

More than 35 companies have already signed up for Airbnb’s business travel program.

Airbnb Takes On Business Travel With Concur Partnership
[Image: Flickr user KellyB.]

Airbnb is displacing the hotel industry when it comes to personal travel, and now it wants to do the same for business travel. On Monday, the San Francisco-based startup introduced a business travel program and partnership with Concur, a travel and expense management service.

More than 35 companies, including Salesforce, Evernote, and Lyft, have signed up for Airbnb’s program, so their employees’ expense reports are automatically prefilled when they book an Airbnb listing. Aside from business trips, the service is catered to helping companies find meeting spaces, offsite locations, and employee relocation accommodations.

Concur, which serves more than 70% of Fortune 100 companies, said business spending on Airbnb has quadrupled every year since 2010. “Employees clearly want Airbnb in their managed travel program and we think that trajectory will continue,” Tim MacDonald, executive vice president at Concur, said in a statement.

About the author

Based in San Francisco, Alice Truong is Fast Company's West Coast correspondent. She previously reported in Chicago, Washington D.C., New York and most recently Hong Kong, where she (left her heart and) worked as a reporter for the Wall Street Journal.



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