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 on their travel program activity, the Data Explorer can populate spreadsheets with information from TMCs, supplier websites and other sources for easy viewing and exporting. Traxo already offers a reporting…
Different industry verticals will restart business travel at different velocities. According to a McKinsey & Company analysis, that will mean a slower recovery for Europe and the United States than for China. Comparing business travel spending data in China for March 2020 to March 2019, the consultancy identified “early rebounder” sectors. They included construction, food…
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 found “no misconduct or legal wrongdoing on his part.” According to the early morning Monday statement, interim executive director Dave Hilfman said, “We thank Scott for his 25 years of…
CWT last week announced its intention to secure $250 million of new liquidity, including a $125 million injection by primary shareholder Carlson Inc. The restructuring extends the maturity dates of hundreds of millions in debt. It does not impact customers, according to a company spokesperson. If it is completed as planned by July 14, the…
CWT this week ended its relationship with the Global Business Travel Association. “Whilst we appreciate the actions you have taken in the light of recent developments surrounding the alleged conduct of Scott Solombrino, we are disappointed that no resolution has been reached concerning these matters to date and are concerned at the wider negative impact…
United Airlines is reducing the size of its salesforce and restructuring it. According to an internal memo from SVP of worldwide sales Jake Cefolia, the changes include promotions for some and “saying goodbye” to others. “Though we are seeing very gradual signs of recovery, the truth of the matter remains that demand is a long…
If you thought traveling in the era of Covid-19 was hard, try eating while traveling. First of all, which restaurants are open? Businesses are asking travel agents for help checking ahead to see if hotel restaurants are operating. And how can a business traveler feel safe in a seemingly foreign environment (airport, hotel, restaurant) while…
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