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…
Short’s Travel Management sold its corporate portfolio to Direct Travel for an undisclosed sum. Short’s retains its athletic travel management business line. In a Tuesday message to customers, Short’s CEO David LeCompte cited the “many unknowns” facing corporate travel as a reason for the sale. He highlighted an alignment of values, as well as Direct’s…
“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 year’s levels. Emotionally, that is a million times better than cancellations outstripping bookings. TMCs are seeing gains every week. More than a dozen of their executives speaking with The Company…
Multiple corporate travel agencies said they had made the difficult decision to lay off employees as a result of the coronavirus-related drop in corporate travel. It’s a worst-case scenario mere weeks removed from a years-long phase in which travel management companies struggled to find talent, especially travel agents. TMCs contacted this week by The Company…
Most business travelers need wheels or rails to get to and from the airport and move around at their destinations. Finding and booking many of the various options is getting easier. Seeing price comparisons before making decisions is the next mile. Mobile apps provided by Lyft and Uber fill the need for convenient rides throughout…
Corporate online booking tools have their detractors. Everyone has an opinion on how to make them better. That includes Festive Road managing partner Caroline Strachan. In this guest piece, she explains the challenges faced by the makers of corporate tools, how some products overcome them and why she sees 2019 as a year of big…
Travel and Transport last month acquired full ownership of the Radius Travel agency network company, buying out India-based minority shareholder Cox & Kings. The transaction followed years of ownership consolidation in the network — most recently to two owners as Radius about two years ago bought shares back from U.K.-based Portman Travel (now Clarity). Omaha, Neb.-based…
End of content
End of content
