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Op Ed: Danny Hood On Recovery Strategies For The Travel Industry

Danny Hood has seen it all during a career spanning four decades. In 1993 he joined WorldTravel Partners, which became WorldTravel BTI in 2001 and BCD Travel in 2006. He served the company as president of the Americas until 2010. Over the years, corporate travel boomed and busted a few times, and Hood was involved…

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Expensify, Kayak Embark On Latest Of So Many Attempts To Reach Small To Medium-Sized Businesses

The pandemic stopped most business travel, but it did not end the relentless and historically futile quest for an online-first intermediary that attracts and keeps loads of small-to-midsized business clients. While many such companies use local corporate travel agencies and some use global ones, a lot of them book with suppliers or consumer-oriented online travel…

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TravelBank CEO: ‘Strategic Conversations Are Very Difficult’

[UPDATE, Nov. 16, 2021: U.S. Bank parent U.S. Bancorp agreed to acquire partner TravelBank. Financial terms were not disclosed.] TravelBank is doubling down on expense management, which CEO and co-founder Duke Chung called “the only software you can justify purchasing at this time.” During a Wednesday phone interview, Chung described the company’s new Work From…

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Open To Continued Independence Or Partnerships, TravelBank Adds Features, Funding And A Food Client

TravelBank during the past few months added what sources said was a relatively small amount of new funding and GrubHub as a relatively big client. It also announced a rather large number of new and planned features. So what’s next? Will the startup go the way of Lola and Upside and seek the stability of…

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Considering Raising More Capital, Expensify Capitalizes On Silicon Valley’s Fervor For FinTech

Expensify’s new payment product is not what comes to mind for most people when they think “corporate card.” While technically it’s a credit card, effectively it’s a debit card with the controls of a pre-paid card. It doesn’t seem to be an idea that could replace T&E cards at large companies. For small firms, it…

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Delta-TripActions Dispute Was About Rewards For Trading Down As Well As The Display

When Delta Air Lines and TripActions last winter resolved their dispute, the parties suggested it had something to do with the display interface. As it turns out, Delta also had a problem with the TripActions rewards program. TripActions client Jennie Robertson of InVision in January speculated about whether the incentive scheme was to blame. The…

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Analysts Examine Journera, SalesTrip, TravelBank, TravelPerk And TripActions

A trio of industry consultants took time out this month to join The Company Dime’s Jay Campbell and assess strengths, weaknesses, opportunities and threats for a quintet of business travel startups. In general, they said, this crop has good prospects. Below are summaries of comments by Twelve Squared Growth’s Mitch Gross, Festive Road consultant Aurélie…