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This is the pulse of the corporate travel industry — your gateway to insights, trends and breakthroughs in the world of business travel suppliers. From innovative startups to strategic moves by industry giants shaping the future of corporate travel, this is where the latest developments unfold.
The business travel industry is complex and ever-evolving, with suppliers playing a crucial role in the experiences of corporate travelers worldwide. Airlines, hotels, technology providers and payment solutions are at the forefront of innovation, constantly adapting to meet changing needs and expectations.
We at The Company Dime pride ourselves on delivering in-depth, unbiased coverage of the latest developments in the supplier space for travel managers, procurement professionals and industry executives. Our journalists provide insightful analysis, exclusive interviews and breaking news to keep you informed. Our guest Op Eds challenge the status quo.
We cover the impact of mergers and acquisitions, the launch of new products and services, the financial health of critical suppliers, legal battles, the effect of artificial intelligence, changes in travel distribution and the growing importance of sustainability.
Whether you’re a corporate travel manager seeking to navigate the evolving market, an investor looking for the next big opportunity or a travel enthusiast keen on the latest trends, these stories are curated to inform, inspire and provoke thought.
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Ground Transport
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Lodging
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Risk
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Other
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Hilton Worldwide declined to comment, but several sources said it’s planning to reduce agency commissions on its new HHonors rates. Those are the discounted rates that Hilton revealed in February as part of its “Stop Clicking Around” marketing campaign, designed to compete with online travel agencies. Other travel agencies at first worried they also would…
[UPDATE, May 9, 2017: OnyxCenterSource acquired fellow hotel commission recovery specialist eCommission Solutions. Onyx CEO Mark Dubrow said the deal expands his company’s client base and provides pre-existing ECS clients “an expanded hotel network and additional support services around the world.” Dubrow added that Onyx is determining how the ECS “big data platform” may help…
It’s a tricky time for the world’s largest corporate card provider. American Express’ recent financial performance is “disappointing,” said chairman and CEO Kenneth Chenault. An antitrust suit with potentially wide and expensive implications still is pending. Amex recently lost a couple big consumer co-branding partnerships. Average fees charged to merchants are dropping, and will keep…
American Airlines clients wanted negotiated discounts to apply to more of their purchases. The airline is now rolling out a new corporate pricing structure for international routes that does just that. To make it so, AA is basing discounts on fare basis codes rather than booking classes. It’s not a new concept in the industry. AA…
Hotel rates come in lots of flavors. They relate to room and bed types, prepayment, nonrefundability and more. Some corporate rates are static and some are discounted off fluctuating public market rates. All this is not as complicated as airline-style pricing, but it sounds like that’s what Hilton is after. Considering the hurdles, the goal…
Company veteran Yannis Karmis left Sabre in January as the firm reorganized its approach to the corporate market. Led by newcomer Clinton Anderson, the ambitious strategy includes a new path for GetThere but ditches TruTrip. It seeks to solve the tricky issue of out-of-program spend. It aims to deliver heretofore untapped potential in payments and mobile. It’s benefiting from…
Three travel management companies this week displayed varying degrees of interest in booking tool provider nuTravel’s plan to integrate with mobile app developers. NuTravel’s first partner, United Kingdom-based Mantic Point, provides apps to corporate agencies including Direct Travel, Executive Travel and FCm Travel Solutions. Officials with Direct Travel and FCm said they were considering the…
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