Tag: commissions
IBM, Travelport Ready Blockchain Service For Commission Processing As Smaller Firms Also Make Progress
Travelport has agreements with “major” hotel and travel management company partners to pilot a hotel commission tracking and collection system using blockchain technology from IBM….
As Airline Incentives To Agencies Continue To Rise, A Startup Aims To Help Both Sides Manage It All
Supplier revenue is important to travel agencies. Marketshare and incremental volume are important to airlines. A startup wants to provide both sides a platform for…
ABC Global Services Puts A New Spin On Agency Consortia Programs For Hotels
ABC Global Services in the coming months plans to use a new GDS rate code for special hotel offers. This type of promotional activity isn’t…
What’s Behind The Upsurge In Airline Commissions?
Total commissions paid to travel agencies by U.S. airlines in 2017 reversed a 20-year trend and jumped 15 percent year over year, according to U.S….
TMCs Seek Rejiggered Hotel Revenue, Drawing ‘Shell Game’ Accusation
Big travel management companies are beefing up their hotel programs. They say it’s a content play. Aggregating inventory, special prices and perks counteracts fragmentation. It…
Air Canada Moves To Blunt Rising Commissions
Air Canada reduced travel agency compensation on certain fares, effective April 1. The change followed increases in the airline’s sales and distribution costs as a…
Airline Consolidation, Other Factors Further Squeeze Travel Agency Commissions
Once in a while, some in the buyer community are excited by the dollar signs associated with global distribution system incentives paid to travel management companies. Disclosures…
