TravelBank during the past few months added what sources said was a relatively small amount of new funding and GrubHub as a relatively big client. It also announced a rather large number of new and planned features. So what’s next? Will the startup go the way of Lola and Upside and seek the stability of partnership with incumbents, or keep going it alone like TripActions? Co-founder and CEO Duke Chung remains open.
BCD Travel this week said it extended its SolutionSource marketplace concept, giving external developers more application programming interfaces to work with. The related, publicly available Developer Hub details new APIs for access to traveler profiles plus shopping and booking of air, car and hotel.
Expensify’s new payment product is not what comes to mind for most people when they think “corporate card.” While technically it’s a credit card, effectively it’s a debit card with the controls of a pre-paid card. It doesn’t seem to be an idea that could replace T&E cards at large companies. For small firms, it competes with business cards and offers a nifty addition to Expensify’s core expense solution.
BCD Travel this year rolled out a new database of trip records independent of the traditional global distribution system passenger name record. Available in nearly all markets globally, the system addresses a need to capture more sources of booking data and reservation types, and helps clean up that data so it flows seamlessly into downstream systems.
Buyers and sellers want an improved meetings sourcing process. They complain about the complexity and the volume of requests for proposals needed for the task. All would welcome a cost-effective, transparent platform for quicker searching, shopping and booking. These are the stated reasons for a combined $50 million investment in meetings marketplace Groups360 by Accor, IHG, Hilton and Marriott.
In a move that opens up opportunities for risk management and communications firms, SAP Concur is sunsetting its TMC Messaging service. The company declined to offer details; multiple industry sources conveyed knowledge of the plan, shared with customers during the past few months.
Fulfilling duty of care on lodging is tricky. How far should one travel or security department go to ensure preferred properties meet standards for safety and security? And what are those standards? With government regulations largely limited to fire and food safety, the legislative and legal backdrop is murky.