Tag: acquisition
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…
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…
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,…
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…
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…
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…
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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