Posted in Careers Risk Suppliers

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….

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Posted in Culture Service Suppliers

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….

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Posted in Distribution

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…

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Posted in Methods Suppliers

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,…

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Posted in Distribution Suppliers

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…

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Posted in Distribution Payment Suppliers

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…

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Posted in Payment

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…

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