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Reporter’s Notebook: Announcements Timed With GBTA Convention Address Recovery, Risk, Service

The Global Business Travel Association on Wednesday welcomed back its Media Day event at the start of the annual convention. More series of presentations than press conference, the event requires presenters — companies that sponsor or exhibit at the convention and pay extra to be involved — to agree to withhold their announcements until the…

Amex GBT To Announce Net-Zero Plan, Consulting Service As GBTA Takes On Sustainability

The world’s largest travel management company is taking its sustainability initiatives up a couple notches. American Express Global Business Travel plans to announce a commitment to science-based targets for its global operations and supply chain as “an interim step on its journey to net-zero emissions globally by 2050.” The company also will announce a consulting…

Stronger Demand, Tighter Supply Mean Profits And Service Issues In Car Rental

Some companies’ biggest travel management headaches these days are coming from one of the smaller-spend categories — ground transportation, particularly car rental. Renters face tight availability, poor vehicle condition and rising rates. Avis Budget Group and Hertz reported record earnings for the quarter ended Sept. 30. They cited strengthening demand, cost reductions realized during the…

Judge Cites Travel’s Plight In Quick Approval Of CWT Bankruptcy Plan

U.S. Bankruptcy Judge Marvin Isgur on Friday afternoon confirmed the Chapter 11 plan of Carlson Travel, parent of CWT. Filed Thursday in the Bankruptcy Court for the Southern District Of Texas, the prepackaged bankruptcy case enjoyed expedited treatment for good reason, according to Isgur. The confirmation allows CWT to complete a restructuring that provides it…

Veteran TMC Exec Attempts Pricier New Entrant As Covid Complexity, Staffing Volatility Continue

Corporate travel buyers appreciate the Covid-related information delivered by their travel management companies and tech partners. The problem is, many travelers don’t read it and would rather call or email someone. Everyone hopes confusion over travel documentation requirements will wane — if not the prerequisites themselves — but many see the additional care needed to…

Hotel Booking Firm For Essential Workers And SMEs Gets State Incentives, Plans Huge Growth

Denver-based hotel booking company Hotel Engine expects to more than double its workforce next year by hiring 400 people, thanks partly to about $9 million in incentives from the state of Colorado.  The Colorado Economic Development Commission last month approved more than $12 million in incentives to local companies. The largest beneficiary is Hotel Engine,…

Reporter’s Notebook: Universities Turn To Policy Mandates

The pandemic was a wake-up call not only for corporations with loose or non-existent travel policies but also for collegiate travel, an area notorious for lagging program compliance. Some universities enacted travel policy mandates or found strong rationale to maintain them, and adjusted program rules to match their vaccine requirements. Like in the corporate world,…

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