When responding in late August to competition concerns raised by the U.K. Competition and Markets Authority over their proposed combination, leaders at American Express Global Business Travel and CWT must have held their noses. Their redacted response, released last week, showed that to get the deal approved, execs surmised they had to “big up” their…
[CORRECTIONS, Oct. 7: Information originally published below related to servicing capabilities in Biz+ was inaccurate. The article was revised.] Booking Holdings’ Kayak For Business small and medium-sized enterprise travel offering is coming into its own after years in the making. A bevy of features in the new “Biz+” premium level fetches $20 per trip. Biz+…
The plan by blockchain company Blockskye to reinvent corporate travel processes is underway at PwC, according to sources. The accounting giant, with plenty of interest in blockchain technology for its own services, was not named in earlier coverage. Its participation has been one of the industry’s worst-kept secrets. PwC moved its travel management business in…
Change in the world of managed corporate travel tends to be slow. Blockskye’s project to annihilate costs in corporate travel processes has been in the works for several years and now that it’s happening, with a big assist from Kayak, it looks like a leap. Officials with the blockchain-powered travel management company startup declined to…
BCD Travel is moving to two global distribution system partners from three, focusing on Amadeus and Sabre while leaving out Travelport. “We have a high regard for Travelport, but we’re confident that the direction we’ve taken is the right one for our business and our customers,” according to a statement attributed to Thane Jackson, BCD…
What some once saw as largely penny-pinching paperwork, pre-trip approval now is a crucial component for assessing risk and determining how best to accomplish missions. It’s also helping to bring sustainability to the fore. Increasingly, organizations apply the process on all proposed trips. More also scrutinize trips before travelers book. Who does the approving is changing,…
Travel management companies are trying to make the most of a time when bookings remain feeble. In addition to staff right-sizing, relocating and retraining, some are trying new technology. A more efficient operation could improve margins. For some, that means accelerating artificial intelligence, which may shift client service propositions and performance measurement. An area of…
End of content
End of content
