Internova Travel Group

international travel snafus|
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Concerned About Cross-Border Fiascos, Travel Management Professionals Preach Flexibility, Patience And Preparation

Corporate travel professionals are concerned that the apparatus of international travel won’t be ready for an expected uptick in businesspeople wanting to cross borders in the coming months. Processes for documenting inoculation and negative tests remain works in progress, while international transit rules are tremendously complicated and often change with little notice. Corporate travel buyers…

Travel Again Gathers 19 Groups To Unify Business Travel’s Voice
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Travel Again Gathers 19 Groups To Unify Business Travel’s Voice

The Travel Again initiative is gaining steam as travel industry associations endorse its framework for recovery. Meeting Professionals International in February and the National Limousine Association this month announced support for the framework’s priorities and recommendations. On Tuesday, leaders from Travel Again and 18 other industry groups including GBTA held a roundtable discussion to keep…

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There Are Headwinds, But Supplier Revenue Will Come Back To Travel Management Companies

Last year, business travel professionals talked a lot about the fees that travel management companies charge their corporate clients — some saying they needed to evolve. The discussion continued into 2021, including via a new report from The BTA in the United Kingdom. Like many of last year’s conversations, the report didn’t say a lot…

Paul Metselaar

American Express Global Business Travel Acquires Ovation Travel Group, A Coveted High-End Specialist

Consolidation in the travel management company business continues apace. On Thursday, American Express Global Business Travel, the largest player, announced its acquisition of New York-based Ovation Travel Group. The parties did not disclose terms. A highly respected corporate travel agency strong in the professional services, finance and legal sectors, Ovation has an ethos that GBT…

Industry Pros Dispute Travel Management Company Viability Data That Cited Dun And Bradstreet
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Industry Pros Dispute Travel Management Company Viability Data That Cited Dun And Bradstreet

Have you seen a chart floating around that cites Dun & Bradstreet for indications of potential travel management company failures? Has a business development manager or salesperson shared information that looks like intelligence but also smears the competition?  Be suspicious. Sure, business travel buyers and other industry constituents should be concerned about the future of…

Special Purpose Acquisition Companies Line Up To Take Advantage Of Travel Industry Reset

Special Purpose Acquisition Companies Line Up To Take Advantage Of Travel Industry Reset

Who would buy into the travel industry right now? Some are betting on the public. American Express Global Business Travel chair Greg O’Hara, Teplis Travel CEO Gary Teplis and longtime travel investors at Thayer Ventures since June each created a blank check company to make deals in travel. Investors design such special purpose acquisition companies,…

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