|

EY Pilots Blockchain To Buttress Airline Contracts

Blockchain is a big deal for EY, so that means it’s a big deal for EY’s travel department. The professional services firm, one of BTN’s top-ten spenders on corporate travel in the United States, will test distributed ledger technology for contract support with an unnamed airline. During a BTN Group-hosted webinar sponsored by the International…

| |

ARC Notes Positive Booking Trends But Preps For Closures At Up To One In Four Travel Management Company Locations (Audio)

Tickets issued by corporate travel agencies last week were down 85.7 percent year over year. It was a slight improvement on the week before, continuing a modest trend. Speaking last week during a Teleconference call, ARC president and CEO Mike Premo shared his “marketing spin” that corporate travel grew by more than 50 percent during…

| |

As Airline Distribution Evolves, Where Does That Leave Sabre’s System For Corporate Contracting?

The preeminent mechanism for crunching data on corporate deals may be getting long in the tooth. Airlines weren’t totally comfortable when the independent company that built it sold to Sabre about eight years ago. As demonstrated by court testimony last month, at least some airlines remain loathe to have Sabre own important components of their…

|

NuTravel, Delta Build Out Direct Business Travel Booking

When ARC this week announced its investment in nuTravel, the latter’s CEO referenced a new “global airline” customer. Looks like it’s Delta. “At the end of this quarter, we will introduce new functionality, powered by nuTravel, that enables the management of delta.com business bookings and allows for duty of care, payment management, expense provider integrations and…

|

NuTravel (And Hilfman) Joins ARC, Blockskye And Traxo To Accelerate Direct Airline Distribution For Business Travel

Airlines Reporting Corp. this month acquired a majority stake in technology developer nuTravel. NuTravel will operate as an independent subsidiary and deliver managed business travel booking capabilities through airline websites. In conjunction with the transaction, nuTravel named former United Airlines senior vice president Dave Hilfman an independent director. NuTravel’s Universal Connect technology is different from…

|

Op Ed: Mat Domaradzki On Blockchain’s Potential In Corporate Travel

Mat Domaradzki is a travel manager for ConsenSys, a blockchain technology company. The following guest column is adapted from his presentation during a September event held by the New Jersey chapter of the Global Business Travel Association. A successfully managed travel program requires participation and mutual trust among many different parties. For employees, that trust…

|

Blockchain: It Takes A Village

New York — Tech thinkers from corporate travel agencies, airlines, investment firms and others gathered Wednesday for the first Blockchain In Travel Summit, hosted by JetBlue Ventures. The consensus was consensus. For blockchain to improve how travel companies work with each other, it’s all about collaboration. These are early days. Speakers here and also during…