travel management company

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

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Airline Consolidation, Other Factors Further Squeeze Travel Agency Commissions
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Airline Consolidation, Other Factors Further Squeeze Travel Agency Commissions

Once in a while, some in the buyer community are excited by the dollar signs associated with global distribution system incentives paid to travel management companies. Disclosures from the US Airways v. Sabre trial recently offered such an occasion. Testimony indicated this money is significantly smaller than commission revenue from airlines, but a new examination of U.S. government data…

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Teleconference 5: Inside TMC Economics

Inside TMC Economics Jan. 12, 2017 Special 90-minute episode Thanks to all our attendees and speakers! Listen to a recording of the live teleconference. During the sold-out Teleconference 5 AmTrav CEO Jeff Klee and Short’s Travel Management CEO David LeCompte talked about the differences in how their companies generate income, as illustrated below. They also talked about expenses and…

Virgin Deal Could Make Alaska More TMC-Friendly
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Virgin Deal Could Make Alaska More TMC-Friendly

[UPDATE, Feb. 13, 2020: Rather than letting their marketing pact expire, American and Alaska announced a “West Coast alliance” including codesharing on both carriers’ domestic flights and some AA international routes from Los Angeles and Seattle. Loyalty program and lounge access reciprocity are part of the partnership. Alaska also intends to join AA in the…

Why The Midmarket Is Gold For Travel Management Companies

Why The Midmarket Is Gold For Travel Management Companies

Considering trends like open booking and self-service, it may be surprising that nearly half of U.S. midmarket firms expect their reliance on travel management companies to grow during the next five years. That was another finding of the Global Business Travel Association’s September survey of more than 200 U.S. travel managers, also covered here and…

TMC Apps: ‘Table Stakes’ For Clients

TMC Apps: ‘Table Stakes’ For Clients

When asked what mobile apps they suggest company travelers use, travel managers invariably name apps from their risk management and tech providers. They also name their TMC, if it offers one. A TMC app’s standard feature is itinerary management, also core to popular apps like TripCase, TripIt and WorldMate. TMC apps grab information on bookings made by a travel agent or through a corporate booking tool, and update when there are changes. Another common feature…

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