Tag: CWT
CWT Ends GBTA Relationship
CWT this week ended its relationship with the Global Business Travel Association. “Whilst we appreciate the actions you have taken in the light of recent…
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…
The Future Of Travel Management Companies: Part One, Staffing
“Green shoots” are nice but transaction counts for most travel management companies as of last week remained between 3 percent and 15 percent of last…
Credit Rating Agencies Highlight Uncertainty, Forecast Travel Revenues Next Year To Trail 2019 Mark
Analysts at Fitch Ratings expect business travel volumes to return to pre-pandemic levels around 2023 or 2024 following a “moderate recovery in travel demand beginning…
Big TMCs Hire Familiar Lobbyist As Public Policy Encroaches, Uncertainty Persists
American Express Global Business Travel, BCD Travel and other large travel management companies banded together and engaged Monument Advocacy, a Washington lobby group. They want…
CWT Avoids Permanent Job Cuts, Covers Insurance Premiums For Those On Leave
Travel’s standstill required CWT to make unprecedented changes to its service operation, to temporarily furlough employees and to cut salaries across the board including, “most…
‘Hope And Help’ Here
Travel industry professionals not dealing with immediate health issues for themselves or their loved ones are nonetheless leading an uncomfortable existence. Many are natural networkers…
