Posted in Suppliers

American Express Global Business Travel Acquires Ovation Travel Group, A Coveted High-End Specialist

Consolidation in the travel management company business continues apace. On Thursday, American Express Global Business Travel, the largest player, announced its acquisition of New York-based…

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Posted in Distribution Suppliers

Short’s Sells Corporate Business To Direct Travel

Short’s Travel Management sold its corporate portfolio to Direct Travel for an undisclosed sum. Short’s retains its athletic travel management business line. In a Tuesday…

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Posted in Distribution Suppliers

More Travel Management Company Consolidation Is Coming And If Past Is Precedent, Most Clients Will Be Fine (Audio)

Travel management company owners who sell their companies in the near future will be fortunate to get half of what they could have earned pre-Covid,…

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Posted in Distribution Suppliers

CTM Agrees To Acquire Travel And Transport

Australia-based Corporate Travel Management is buying Travel and Transport of Omaha, Neb., for roughly $200 million in cash and stock. Much of Travel and Transport’s…

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Posted in Distribution Suppliers

With Planned Acquisition In Germany, American Express Global Business Travel Challenges Lufthansa Group

Lufthansa Group and American Express Global Business Travel don’t see eye-to-eye on distribution. Now, GBT brings more to the table. Announced Tuesday, its planned acquisition…

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Posted in Suppliers

Son Of Travel Leaders Network President Aims To Profit From Travel Agency Acquisitions

There’s a new roll-up in town. Besides a presence on Glassdoor, LinkedIn, Twitter and YouTube — and a “Sell Your Agency” button on its website…

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Posted in Suppliers

Travel Leaders Group Buys North Carolina’s Travel Management Partners

Travel Leaders Group in July acquired Raleigh, N.C.-based Travel Management Partners. It’s another in a string of deals pushing TLG to the extremes of travel agency…

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