Tag: Briefly
GBTA Finalizes ACTE Acquisition, Fills Two Open Board Seats
GBTA announced it completed its acquisition of certain assets of the Association of Corporate Travel Executives, which filed for Chapter 7 in June. The U.S….
S&P: Pre-Pandemic Profitability For Travel Management Companies Is Three Years Away
Analysts at S&P Global Ratings do not expect travel management companies to re-establish pre-pandemic earnings until 2023. The credit rating agency made the note in…
Mike McCormick’s Campaign For Recovery Starts This Week
Industry veterans Mike McCormick and Ed Silver plan Tuesday to launch an advocacy group to help facilitate business travel’s return. “When I look at all…
WorldAware’s Status Update For The Americas Shows More Of The Same
For the United States and large Latin American countries, progress on containing the virus and reopening economies has been spotty. With absolute infection rates mostly…
Traxo Fills Reporting Gap, Captures Fox
Traxo designed its newest product feature to appeal to those with middling data management savvy and resources. Giving clients another way to visualize and report…
McKinsey Sees Slower Business Travel Recovery In Western Economies
Different industry verticals will restart business travel at different velocities. According to a McKinsey & Company analysis, that will mean a slower recovery for Europe…
Hilfman Thanks Solombrino As GBTA Declares ‘No Misconduct’
More than a month after announcing an investigation into the behavior of former CEO Scott Solombrino, the Global Business Travel Association on Monday said it…
