Council Post: The Corporate Travel Write-Off Ledger: Three Categories Of Loss Nobody Puts On A Slide

Corporate travel isn’t just about high fares or expensive hotels—there’s also value a program already owns but never activates, leaving money to quietly disappear. Egor Karpovich, CEO of Travel Code, says for companies with $5 million to $15 million in annual travel, these losses can reach six figures each year and often never make it onto CFO slides. He highlights three common categories seen across mid-market P&Ls: unused loyalty points spread across corporate card rewards, airline balances, and employees’ frequent-flyer accounts; non-refundable cancellations that become year-end write-offs; and the operational “work” that isn’t done to recover or redeploy value.