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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.
You won’t find this content anywhere else. Take advantage of the insights that could redefine your travel strategy or spark your next big idea.
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Ground Transport
• Avis Budget
• BLS
• Enterprise
• Hertz
• Lyft
• Uber
Lodging
• Airbnb
• Accor
• Hilton
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• IHG
• Marriott
Payment
• Airplus
• American Express Co.
• Conferma
• JPMorgan Chase
• UATP
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Risk
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• Everbridge
• International SOS
Other
• Airlines Reporting Corp.
• GBTA
• IATA
American Express Global Business Travel is planning a new client database that could change how booking tools, agents and mobile devices connect. Benefits would include a more consistent traveler experience and improved travel disruption management. This repository of client policies and preferences is the top priority in a tech vision that the company expects to…
[UPDATE, Dec. 2: The U.S. District Court in New York hearing the case in March granted Altour’s motion to dismiss. In April, Planetarium appealed to the U.S. Court of Appeals for the Second Circuit. That court affirmed the district court’s judgment last month, finding that Planetarium “failed to explain” how the Amex-Altour relationship hinders competition.]…
[UPDATE, July 16, 2017: Airbnb and Concur announced that “in the coming months,” business travelers would “be able to search and book Airbnb rentals” in Concur Travel, with itineraries and e-receipts “automatically” synchronizing to Concur Expense.] Concur announced that integration allowing users to book Airbnb through its TripLink “open booking” approach is live. The pair…
When Morgan Stanley and Citi authorized employees to use Uber, cynics scoffed that they were just trying to earn Uber’s business. Managing an Uber IPO, for example, would be lucrative. The Company Dime set out to prove the skeptics wrong, but could not. Supplier vetting is a standard procurement and travel management process. Sensible practice calls for close…
American Airlines this quarter brought to most of its North American travel agencies revised back-end “override” incentive programs. Based on revenue share rather than passenger count, the move may put some travel buyers on guard for higher costs. It’s conceivable that the program presents agencies a reason to either transact higher fares and/or charge higher…
SAP expects the pricey acquisition of Concur to increase its earnings in 2016, but that seems possible only with massive revenue growth or layoffs. In its fiscal year ended this past September, Concur recorded non-GAAP pretax income of $56 million. [Using non-GAAP figures reduces the effect of non-recurring items and improves comparability of performance over time.]…
SAP CEO Bill McDermott sees Concur’s TripLink supplier-direct program as a replacement for corporate travel policy. In an interview published last week by Re/code, McDermott responded as follows when asked why SAP is paying about $8 billion for Concur: “Every company has a corporate travel department, but no one wants to work with it. You can…
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