TravelPerk in April 2020 lost money on its flexibility program. The Barcelona-based travel management company’s FlexiPerk option had promised participating clients recovery of at least 90 percent of spending on canceled travel. Customers paid ten cents for each dollar spent on trips. Early in the pandemic, anticipating that cancellation rates would stabilize at averages higher than those seen in 2019,…
Before starting The Company Dime with David Jonas in 2014, journalist Jay Campbell a decade earlier created travel business newsletter The Beat. In 2006, Jay co-founded Travel Procurement magazine and in 2010 helped integrate them with Business Travel News. He served as BTN's editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University. He would be happy to connect on LinkedIn. He's here at CorporateTravel.social on Mastodon.
