Tag: Fox World Travel
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…
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,…
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…
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 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…
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…
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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