Tag: travel management company
Travel Management Companies Cut Jobs In Face Of Coronavirus Impact On Corporate Travel Demand
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….
Op Ed: Gaurav Sundaram On Six Strategies For Expanding Travel Programs Into India
Expanding global business travel programs to India, and in particular bringing in the operations of travel management company used in other markets, can prove challenging….
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…
Startup Flightfox Claims ‘New Standard’ In Corporate Travel, But Operates Under A Different Set Of Rules
If your travel management company isn’t ARC-accredited and doesn’t use a global distribution system, is it not a TMC? According to Flightfox co-founder Todd Sullivan,…
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…
TripActions Puts Its Millions To Work On Payment, Expense
At the GBTA convention in August, TripActions CEO and co-founder Ariel Cohen said with a straight face that “everybody” would be using his service in…
Under Amex’s Shadow, Travel Management Companies Tighten Payment Ties
BCD Travel on Thursday announced it would become UATP’s first travel management company issuer of lodge card accounts. An official from CWT said the TMC…
