Much of the impact that venture-backed business travel startups will have on travel management remains to be seen, but they’ve certainly made a mark on financing, industry dialogue and the battle for small and medium-sized accounts. For tech startups generally, reporting by Erin Griffith finds, there’s no slowdown in sight. How crazy is the money…
AmTrav Corporate Travel agreed to start using Journera’s data exchange platform. It is the first travel management company to do so. Founded in 2015 and launched a year later, Journera wants to be the glue in an interconnected travel ecosystem. It uses application programming interfaces to assemble complete views of trips. In that way, it…
Corporate travel executives are thoroughly baffled by what a quartet of venture capitalists see in TripActions. Determining the literally unbelievable $4 billion valuation that TripActions claimed last month must have been way more “art” than “science.” A June 27 TripActions announcement included the also shocking statement that Andreessen Horowitz, Group 11, Lightspeed Venture Partners and…
Describing itself as a disruptor to the “traditional agency/supplier/distribution relationship,” TripActions on Monday announced a restructured supplier relations group. The company hired Daniel Finkel, formerly of Egencia and Expedia, as VP of booking experience and supplier strategy. Finkel reports to TripActions co-founder and CEO Ariel Cohen, moving supplier relations out of the group led by chief…
[UPDATE, Feb. 7 2019: Delta and TripActions have reconciled with one another. More here.] As of December, Southwest Airlines was curious about how TripActions was booking it. Airline officials this week suggested the unicorn corporate travel startup’s standing with Southwest was not solid. “We don’t have a formal relationship with TripActions,” according to a Southwest…
[UPDATE, Feb. 7 2019: Delta and TripActions have reconciled with one another. More here.] TripActions has stopped booking Delta Air Lines through proprietary interfaces after a period of months during which Delta expressed displeasure about how the startup travel management company displayed its content. First reported in Business Travel News, the removal of Delta content…
[UPDATE, Feb. 7 2019: Delta and TripActions have reconciled with one another. More here.] Something’s still amiss between Delta Air Lines and new corporate travel agency TripActions, but it’s not bugging the latter’s clients. A few said they were unaware of Delta’s displeasure with how its products and services appear to them. While Delta apparently…
End of content
End of content
