travel management company

A specialized agency providing comprehensive travel services to businesses, including booking, policy compliance, expense management and reporting.

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Spotnana Aims To Win Over Corporate Travel Management Companies
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Spotnana Aims To Win Over Corporate Travel Management Companies

Spotnana offers solutions directly to corporations, including operating “as your travel management company,” according to its website. However, multiple sources said the company had discontinued responding to buyers in that capacity. Instead, Spotnana is pushing TMC partnerships. While Spotnana CEO Steve Singh did not corroborate all of that in a Dec. 5 interview, he rhapsodized…

How global travel management companies compete
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What Makes A Travel Management Company Global Starts With The Customer

As antitrust authorities in the United Kingdom weigh industry input on concessions designed to garner approval of the proposed Amex GBT acquisition of CWT, the review raises questions about who can sufficiently serve large corporates and whether that’s been changing.  GBT and CWT argued that up-and-comers like Navan and TMCs using Spotnana, plus traditional rivals…

How to depart from a travel management company

How To Part Ways With A Travel Management Company: Map Your Exit Before You Enter

Switching between corporate travel management companies can spell trouble. Many don’t even attempt it. Inertia is the incumbent’s friend. To avoid de-implementation becoming an afterthought and then a headache, buyers are wise to contemplate it on the front end. In a November report preliminarily objecting to Amex GBT’s proposed purchase of CWT, the U.K. Competition…

Amex GBT and CWT propose remedies to secure approval of their combination.

GBT, CWT Propose Price Caps, Client Contract Divestitures To Appease Regulators

To gain approval from U.K. regulators for the proposed American Express Global Business Travel acquisition of CWT, the companies suggested ending exclusivity for CWT’s network partners, capping fees for existing customers, committing to service levels and maintaining minimum investment in their business travel offerings.  GBT and CWT also said they would divest “certain CWT global…

Mark Walton, Solutions Travel
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Walton’s 18-Month-Old, Spotnana-Powered Solutions Travel Nears Profitability

Solutions Travel, the Spotnana-powered travel management company backed by Options Travel and founded by industry veteran Mark Walton, is anticipating profitability next year, just two-odd years after its launch. The company recently hired seasoned pros for its leadership team and expanded its multinational network, including one partner that invested. In an interview/demo this week, a…

U.K. authorities examining the proposed Amex GBT buy of CWT found a preference among big companies for global travel service providers.

Corporates To Regulators: Consolidated Global Programs Still Preferred

The pandemic era’s geopolitical tensions caused concern among economic globalization advocates. Despite rising nationalism and efforts to reduce reliance on global supply chains, new data shows the appetite for consolidated global travel management remains strong. Corporates say they’re not going back.  “There is a clear trend toward consolidation,” according to the United Kingdom’s Competition and…

American Express Global Business Travel acknowledged deepfake attacks.
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American Express Global Business Travel Discloses Deepfake Attacks

American Express Global Business Travel this week told investors that fraudsters had targeted it using deepfake impersonation technology. Impersonators have targeted travel agents and others in the corporate world to access payment, travel and personal information for years. Using AI for it is what’s relatively new. GBT CTO David Thompson called such attacks the “same…

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