Tag: consolidation
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….
Virgin Deal Could Make Alaska More TMC-Friendly
[UPDATE, Jan. 19, 2017: American Airlines as of Feb. 1 will cease code sharing on several Alaska Airlines’ routes. Affected markets include: Seattle to/from Chicago…
Little Hope In Travel Management For Change In Marriott’s Ways
The corporate travel world’s opinion of Marriott is bipolar. Travelers love the loyalty program, but that can work against corporate program compliance. Many industry professionals…
BCD Travel Acquires World Travel Service, Plans More
BCD Travel on Friday acquired Knoxville, Tenn.,-based World Travel Service Inc., which the companies said is the 13th-largest U.S. corporate travel agency. BCD Travel CEO John…
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