Tag: consolidation
Op Ed: Katharine Farrell On What Brands Need To Consider Following Acquisitions
Executing an acquisition or merger can be tricky, and there have been several in the corporate travel space recently. Katharine Farrell of the Dots &…
American Express GBT Diversifies Services While Everyone Is A VIP Traveler, For Now
Buying Ovation Travel Group boosts American Express Global Business Travel’s high-touch service. Ovation made a name for itself in that area and sometimes provides travel…
American Express Global Business Travel Acquires Ovation Travel Group, A Coveted High-End Specialist
Consolidation in the travel management company business continues apace. On Thursday, American Express Global Business Travel, the largest player, announced its acquisition of New York-based…
Short’s Sells Corporate Business To Direct Travel
Short’s Travel Management sold its corporate portfolio to Direct Travel for an undisclosed sum. Short’s retains its athletic travel management business line. In a Tuesday…
Why More Clients Than Usual Are Reconsidering Their Travel Management Company Relationships
It’s normal in any year for a handful or two of enormous accounts to reach the expiration of their travel management company contracts and conduct…
Sources: Frosch Buys CorpTrav In A Sign Of The Times
No surprise here: Travel management companies are consolidating. The No. 14 company on Travel Weekly’s 2020 list of top leisure and corporate agencies, Houston-based Frosch…
How The Amex GBT Acquisition Of HRG Could Change Supplier, Buyer Economics
Achieving economies of scale is a big part of the proposed American Express Global Business Travel acquisition of HRG. More influence on airline distribution evolution is a bonus….
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