Posted in Distribution Productivity Suppliers

Ticket Asset Management Represents Billions In Risk And Value

The pandemic forced BCD Travel to manage nearly half a billion dollars worth of unused, nonrefundable tickets during the year ending last month. During the…

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Posted in Distribution Policy Suppliers

Tech Firms Partner To Help Travelers Use Negotiated Hotel Rates When Booking Direct

Remember the good old days when corporate travel professionals would see 50 percent compliance to preferred booking channels for lodging as a big challenge? Nowadays,…

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Posted in Reporting Suppliers

Traxo Fills Reporting Gap, Captures Fox

Traxo designed its newest product feature to appeal to those with middling data management savvy and resources. Giving clients another way to visualize and report…

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Posted in Suppliers

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…

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Posted in Distribution Policy Suppliers

The Future Of Travel Management Companies: Part Two, The Value Of Compliance

As the corporate travel profession faces its greatest crisis, there has been much talk about the value of travel management companies. Their role was evident…

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Posted in Distribution Productivity Suppliers

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…

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Posted in Suppliers

Op Ed: Sam Hilgendorf On Travel Management Company Business Model Resiliency

Among the effects of the Covid-19 crisis is more dialogue about the efficacy of the prevailing transaction fee pricing structure used by travel management companies….

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