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.] But SAP is… Read More »
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 use . .… Read More »
International SOS and iJet International upgraded their mobile apps this year while a new Healix app features distress signals with photos and audio. A “panic button” may not beat a phone call in an emergency, but apps can offer translation, destination training and document storage. Providers now also are exploring client customization and third-party integration. Customizing an app… Read More »
For corporations and individuals looking to reduce their carbon footprints, business travel is a troublesome contributor. Chasing sales opportunities and growing revenue often requires travel. For some companies, business travel is the single biggest source of carbon emissions. In the middle of the last decade, green travel initiatives seemed to have momentum. But then the global economic recession… Read More »
Marriott’s plan to offer free Wi-Fi on direct bookings by loyalty members will cause channel conflict for many in business travel. Yet, it’s an oddity as the recent trend points to greater rather than reduced hotel content access for managed travel programs. As of 2010, each of the three major global distribution systems listed between 80,000 and 90,000 hotel properties.… Read More »
Starwood Hotels & Resorts appears poised to drop Wi-Fi fees for loyalty program members booking through its apps, websites and call centers. A similar plan at Marriott International announced last month and due to take effect Jan. 15 is upsetting many travel management professionals. This is collateral damage for Marriott, which is aiming to build traveler loyalty and better compete with online travel agencies.
Atlantic City — No one in the fragmented and diverse ground transportation industry underestimates Uber anymore. For chauffeured car execs meeting here last week at a Chauffeur Driven magazine conference, “Uber” was the four-letter word everyone could not help but say. The rhetoric was dire, with operators described as being at “war” and destined to suffer many “casualties.”… Read More »