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…
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…
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…
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…
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…
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…
Welcome to a new audio feature as The Company Dime interviews the industry veterans at GoldSpring Consulting about developments in travel management. In this first installment, recorded Feb. 7, 2019, GoldSpring partner Neil Hammond talks to Jay Campbell about industry activity in which providers seek more ownership of the user experience.
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