Connected vehicles are entering the fast lane of car rental. Familiar to corporate fleet managers, the concept uses telematics for two-way communications between vehicles and operations management. It underpins many of the new services coming to an evolving ground transport sector. Connected fleets promise speedier vehicle pick-up and return. Geofenced vehicles immediately communicate fuel level,…
Welcome to a new audio feature as The Company Dime interviews the industry veterans at GoldSpring Consulting about developments in travel management. In this first installment, recorded Feb. 7, 2019, GoldSpring partner Neil Hammond talks to Jay Campbell about industry activity in which providers seek more ownership of the user experience.
Last year Altour joined Direct Travel as a travel management service provider within the portfolio of group purchasing organization Omnia Partners. In October, Christopherson Business Travel contracted with the Inter-University Council Purchasing Group of Ohio. These TMCs see consortia as a way to get their feet in the door among networks of dozens or hundreds…
Enterprise Holdings plans to acquire Deem by the end of this quarter as part of a deal announced Thursday. The companies did not disclose terms. “Deem will continue to operate autonomously,” according to a press statement, “and offer its suite of business travel technology including air and hotel as well as ground transportation options across…
Building on its 2016 investment, Enterprise Holdings Inc. early this year acquired more of corporate booking tool and ground tech provider Deem. An internal Deem communication indicated EHI was “increasing their stake in a big way,” though Deem CEO, COO and president John Rizzo last week downplayed the description. He said EHI remained “a minority investor.” EHI…
When Sandy Miller’s Basin Street Partners got the opportunity to invest in Carey International about two years ago, it had little competition. The moneyed thought ride hailing companies would swallow the ground transportation sector. Two months ago, Miller took the CEO role at the chauffeured car company, which looks a bit different than it did when the…
Purchasing consortia are big in the higher education space. Some have been around for a while and others are relatively new. When dabbling in travel, car rental contracts seem to be an entry point. Now, there are agreements covering hotels, travel agencies, T&E software and visa processing services. There’s even a rare consortium air contract in play….
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