for Business will be fully unveiled later this year but the company said it was releasing “key functionality” ahead of this launch in the autumn. The UK-based online travel agency first set up a business travel service in 2006. Greg Mannix, Lateroom’s head of corporate, said the move aimed to “raise the bar” in travel management. “After building up years of expertise in the corporate travel industry, we know exactly what these customers are looking for,” he said. Features to be offered as part of the first-phase launch include a new automated tool to help clients claim VAT expenses from hotel stays. Get the full story at Buying Business Travel