Suppliers

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Messaging Can Keep Corporate Travelers On The Right Road As Gas Prices Rise

As fuel costs increase, travel buyers may want to revisit and refresh their car rental policies, negotiations and traveler communications.  Corporate travel policies typically recommend or require travelers to fill up before dropping off rentals. When car rental companies do the refueling, the rate may be as much as a few dollars more per gallon,…

Risk Management Tipped To Be More Holistic, But Everbridge Investor Calls Its Efforts ‘Haphazard’

Critical event management specialist Everbridge on Thursday responded to an activist investor calling for its sale by saying it would pause “material” acquisitions, accelerate internal integrations and simplify its products. A press official did not offer details on the impact such moves could have on travel risk management firm Anvil Group, which Everbridge bought last…

U.S. Airlines Expect Higher Fares To Offset Sky-High Jet Fuel Prices

To kick off his company’s conference broadcast from New York on Tuesday, J.P Morgan airline analyst Jamie Baker mentioned “unrelentingly robust current demand trends and the success that the industry is currently having in putting higher fuel prices to customers in the form of revenue management and capacity cuts.” Executives from major U.S. carriers speaking…

American Express GBT CEO On Why Company Chose SPAC Merger, Expected In May

American Express Global Business Travel CEO Paul Abbott on Monday told attendees to a Deutsche Bank conference in Florida that the company should go public in May.  As announced in December, GBT would list on the New York Stock Exchange using the symbol GBTG after it merges with blank check company Apollo Strategic Growth Capital…

CWT Enlists Analytics Startup To Predict Corporate Travel Demand

Corporate travel is finally showing signs of a sustained recovery, but its susceptibility to exogenous shocks has never been more apparent. Will it return to the levels of 2019, and if so, when? That’s anyone’s guess. CWT wants its answers to be more informed and, in February, began a three-month pilot with a startup analytics…

Host, Marriott Welcomed A White Nationalist Group, Raising ‘Uncomfortable’ Questions

The decision by the Orlando World Center Marriott to host a White Nationalist conference offers a “moment of reflection,” according to Grant Caplan, the Global Business Travel Association’s Diversity Committee chair.  Reports by the Orlando Sentinel and HuffPost of the Feb. 25 America First Political Action Conference dominated some social media feeds following the event….

Amex GBT Reports Transaction Volume Back To Half Of Pre-Pandemic Levels 

American Express Global Business Travel reported a net loss of $474 million for 2021, besting the $619 million loss reported for 2020, as transaction volume began to recover. Including full-year numbers for Egencia, which GBT acquired last year, the company’s 2021 results beat its forecasts issued a few months ago in terms of adjusted earnings,…

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