BCD Travel Acquires World Travel Service, Plans More

BCD Travel on Friday acquired Knoxville, Tenn.,-based World Travel Service Inc., which the companies said is the 13th-largest U.S. corporate travel agency. BCD Travel CEO John Snyder said the market can expect the company to make "many" more corporate travel and meetings deals this year and next.

Addressing rumors of consolidation discussions between the largest travel management companies, Snyder also said that if anything happens BCD Group will be a buyer not a seller.

With World Travel Service, BCD is targeting the small and medium market, which WTS president Lamar Shuler said is "strong right now."

"A . . .

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Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.