travel management company

BCD Travel Ditches Travelport

BCD Travel is moving to two global distribution system partners from three, focusing on Amadeus and Sabre while leaving out Travelport. “We have a high regard for Travelport, but we’re confident that the direction we’ve taken is the right one for our business and our customers,” according to a statement attributed to Thane Jackson, BCD…

Airline Contracts Are Complex But Applying Them Need Not Be Inefficient, Developers Say

Travel management companies want to maximize revenues, corporate program managers want smooth servicing and no one wants debit memos. New integration between a pair of travel tech firms hopes to accomplish all of that and address some of the challenges of alternative airline distribution models. The key is using automation to overcome airline contract complexity….

Tripbam Asks, Where Did All The Hotel Chainwide Discounts Go?

The biggest knock on any discount program buyers secure with hotel properties and chains is that travelers can’t access preferred rates. That wastes the negotiating effort and eliminates some expected savings. According to Tripbam, for many enterprise clients, that’s been the case this year for chainwide deals. The reasons aren’t clear.  Due to localized hotel…

Amex GBT CEO: Hotel Is Less Profitable Than Air But Growing Faster

As part of its roadshow before going public, American Express Global Business Travel told potential investors that airfares it booked were 40 percent higher than those sold by other travel management companies. Amex GBT CEO Paul Abbott on Wednesday said air travel was more profitable than lodging.   At a meeting hosted by Citi, Abbott…

CWT Varies Subscription Billing Program As It Entices Visa

Visa, whose corporate travel program was first to “integrate corporate-tailored NDC content at scale through the agency channel,” also has adopted an unorthodox TMC pricing strategy, according to Business Travel News. Visa’s travel management company, CWT, announced a new pricing model in May and an official this week said it had generated a lot of…

Following Move To Amadeus, Gant Travel Signs Aimendo For Text Automation

San Diego — Gant Travel Management in 2020 migrated from Travelport’s Apollo to Amadeus, becoming one of the top North America-based corporate travel management companies for the Madrid-based global distribution system operator. Enticing Gant were new Amadeus scripting capabilities and other workflow improvements made possible by “advancements” in connectivity to the TMC’s tech stack, including…

American Express Global Business Travel Nabs JPMorgan Chase, Boosts Revenue Expectation

American Express Global Business Travel raised expectations for full-year 2022 revenue thanks to strong business travel recovery during the quarter ending in June. For the balance of the year, though, the company anticipates “steady but modest” recovery due to potential economic headwinds and ongoing travel supply and servicing constraints. Reporting second-quarter earnings performance Thursday morning,…

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