Tag: CWT
Siemens: Amadeus Deal Underpins Global Content Acquisition And Traveler Experience
In its move to two travel management companies and one global distribution system, $67 billion multinational manufacturing conglomerate Siemens focused on the traveler experience. Some…
CWT, Direct Travel Join Travel Management Company Coalition Advocating For Reopening Borders
A little over a year ago, as the pandemic ramped up, five of the largest corporate travel management companies banded together and hired a Washington…
Under New Agreement, Sabre Will ‘Motivate’ TMCs To Sell ‘Higher-Value’ Delta Products
Under Delta’s new, three-year full content agreement with Sabre, the airline will pay the global distribution system provider more for bookings that bring in more…
CWT Promotes CFO McKinney Frymire To Replace Ekert As CEO
CWT on May 1 will hand the reins to Michelle McKinney Frymire, CFO of the travel management company since 2019. She’ll replace CEO Kurt Ekert,…
Updating Assessments Of CWT’s Debt, Fitch Ratings Says Business Travel Will ‘Somewhat Normalize’ By 2024
As it published an evaluation of CWT’s creditworthiness, Fitch Ratings on Thursday said the travel management company had “limited financial flexibility” and “a level of…
The Pandemic Slowed Growth In Online Booking Adoption
The share of business travel bookings made online by travelers relative to phone or email with an agent fell for many entities in 2020. It…
Reporter’s Notebook: TripActions Wins Large Multinational; Medical Pointers On Covid Vaccines And Testing; Sustainability At The Online Point Of Sale
[CLARIFICATIONS, March 23, 2021: BCD Travel and Sammit Khanndeparkar of Springer Nature provided additional information to help the reader’s understanding of the developments covered in…
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