travel management company

SkyLink, Another AI Startup, Automates Traveler-Agent Communications

Travel management company sources are abuzz over SkyLink, a heretofore stealth-mode firm enhancing corporate travel messaging with artificial intelligence. According to its creators, it’s bringing Silicon Valley to corporate travel. That means more than just faster and better — it’s a “fundamental rethink” that can shift “what an industry looks like,” according to co-founder and…

TravelPerk Closes In On $200M In Annualized Revenue, Seeks AI Efficiencies

TravelPerk is targeting 70 percent revenue growth for 2023. That’s after the company hit $100 million in annualized revenue late last year. The Barcelona-based corporate travel agency is doing this without the benefit of enterprise clients, which it is not pursuing. Here’s a lightly edited transcript of The Company Dime co-founder Jay Campbell’s Monday conversation…

CWT Partners With Spotnana

CWT and Spotnana are preparing to announce an alliance in which the former offers its customers services powered by the latter’s tech, according to people familiar with the matter. The companies did not comment. They also declined to comment on information from sources suggesting that Walmart intends to use Spotnana internally, following similar word about…

In NDC, ‘When?’ Takes Back Seat To ‘How Much?’

One challenge for the New Distribution Capability in corporate travel is that its protocols emphasize offers over schedules. This flips on its head the typical way travel counselors find flight options for business travelers. Sabre is trying to get airlines to adjust the NDC protocol to facilitate schedule-led search out of the box. In the…

Amex GBT’s NDC Requirements Are Here

Continuing its efforts to help standardize the “development of robust and scalable NDC connections specifically designed for business travel,” American Express Global Business Travel on Monday made public its Minimum Marketable Product document.  The MMP is an evolving framework that describes the “capabilities needed for NDC to work successfully for business travel.” It currently lists…

American Airlines Terms On Distribution Cost Shift Prompt Pushback

Some travel management company representatives are unhappy with revisions to American Airlines’ ARC agreement addendum that set conditions for fees charged to their clients on bookings with the airline. Some TMCs have told clients they would need to charge higher fees on NDC bookings to cover reduced productivity and GDS incentive revenue. Precedents for this…

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