[CLARIFICATIONS, March 23, 2021: BCD Travel and Sammit Khanndeparkar of Springer Nature provided additional information to help the reader’s understanding of the developments covered in this article. Firstly, while Springer in 2019 spent nearly $40 million annually on travel and entertainment in 75 countries, BCD Travel’s portion of the account represented about $11 million and 11 countries. Secondly, Khanndeparkar restated his experience…

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David Jonas in 2006 co-founded business media firm ProMedia.travel after ten years as a journalist with Business Travel News. David rejoined BTN in 2010 as executive editor when its parent company acquired ProMedia, and in 2014 co-created The Company Dime. David has a bachelor's degree in communications from Cornell University.