Tag: CWT
Recession ‘Almost Tangible’ In Corporate Travel, But Signals Are Mixed
Chicago — The next economic recession always is a matter of when. Currently in a 10-year run of strong performance, the travel industry is starting…
Serko Tries To Go Where No Corporate Online Booking Tool Has Gone Before
No independent, non-U.S. corporate booking tool provider has ever really succeeded in this market. Serko is trying to be the first. The New Zealand-based software…
Startups Beat Varied Paths On ‘Balancing Act’ Of Travel Management Company Partnerships
Business travel startups face tough choices as they mature. TripActions and TravelPerk remain independent as their investors raise stakes in what is not a get-rich-quick…
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….
Andrew Jordan On How Experience Eats Product For Breakfast, Lunch And Dinner
CWT EVP and chief technology officer Andrew Jordan thinks travel management companies need to reset priorities. The mindset should be less on transactions and more…
BCD Travel To Join Stampede For Small, Midmarket Business
Business travel agency entrepreneurs sometimes say they’re not competing with large travel management companies because they are not going after the large or highly managed…
Results Are In: Corporates Held The Line On Negotiated 2019 Hotel Rates, Tripbam Clients Did Better
With another annual contracting season mostly in the rear view, the three largest travel management companies reported modest increases in their clients’ negotiated corporate hotel…
