Posted in Methods Reporting Suppliers

Managing Unused Airline Tickets When Cash Is King

Strapped for cash and facing volumes of canceled itineraries no one modeled, carriers are offering incentives to those willing to reuse credit rather than request…

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Posted in Distribution Suppliers

Sabre Thinks About Applying For Government Lending

Sabre is considering applying for federal relief, which would require it to agree to partial government ownership and constraints on payments to shareholders and certain…

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Posted in Risk Suppliers

CWT Parent’s Debt Rating Falls Amid Uncertainty, Demand Crunch

Moody’s Investors Service last week issued a detailed update of its March 12 downgrade on the debt rating for Carlson Travel Inc., owner of CWT….

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Posted in Careers Risk Suppliers

Christopherson Business Travel Cuts Half Of Staff As Travel Industry Staggers

[UPDATE, March 19, 2020: Christopherson Business Travel provided additional details on the cost cuts. The company let go half of 270 employees. “Our plan is…

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Posted in Risk Suppliers

Coronavirus Changes View Of Recent Acquisitions, Muddles Forecasts

Coupa execs on Monday confirmed it bought Yapta for about $100 million, but said the new property would underperform relative to original expectations. Wex acquired…

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Posted in Risk Suppliers

What We’re Seeing Is Unprecedented, But ‘Ignore’ The Notion That Corporate Travel Is Uniquely Altered

For a while, there was some debate as to whether the crisis now facing travel businesses is worse than what they went through after the…

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Posted in Negotiating Suppliers

As Rates Fall, Corporate Travel Buyers And Hoteliers Go Back To The Table

Hotel average daily rates took a hit in many markets over the past couple of weeks as cancelations rolled in. That means deals for those…

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