Tag: TMC
How Did North America Lift CTM’s Performance?
For the first six months of this year, North America accounted for more of Australia-based Corporate Travel Management’s revenue than any other region. That was…
The Future Of Travel Management Companies: Part Four, Pricing Comes To Jesus
People called for a restructuring of travel management company pricing for years before the pandemic; now, some call it urgent. Stopgaps are in place in…
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…
Frustrated With Airlines’ GDS Bypass Programs And Threats, BCD Travel Pays Microsoft To Build An Agent Desktop
BCD Travel is paying Microsoft about $20 million for a multi-GDS search and booking desktop system that also could help agents manage bookings made outside…
Explainer: TMC Profit Margins
It’s not unusual to hear travel management company executives talk about their small profit margins, but their margins are average to above average compared with…
