Posted June 2, 2017

NuTravel, Interplx Cozy Up For Joint T&E Proposition

Corporate booking system provider NuTravel and expense system operator Interplx have formed a joint venture that will offer integrated booking and expense as well as joint pricing, contracting and servicing for travel management company resellers. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 10, 2017

Egencia Looks To Double Sales In Four Years, Bulk Up Sales Force

Last year, Egencia's gross bookings rose 17 percent from 2015 to reach $6.4 billion, and Expedia CEO Dara Khosrowshahi said Thursday the company's corporate travel arm aims "to double over the next four years." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted July 28, 2016

As It Moves On From E-Travel, Amadeus Positions 'End-To-End' T&E

Just as Sabre is repositioning its corporate travel assets and reinvigorating its push in self-booking, mobile tools and other business travel areas, so too is global distribution rival Amadeus. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 25, 2015

Bookings Up, Spend Down Among HRG Clients

Worldwide bookings handled by United Kingdom-based Hogg Robinson Group rose 2 percent year over year for the six months ending Sept. 30, yet client travel spend fell 2 percent, according to half-year financial results released Wednesday. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted May 26, 2015

Product Delays Cut Into Serko Revenue Targets

Serko experienced what CEO Darrin Grafton last week called an "extraordinary growth trajectory" during its fiscal year ending March 31. Yet, the delayed release of its mobile app, slower-than-expected expense system integration and a softening demand for custom-software development left the firm short of its revenue goals. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted April 23, 2015

American Express Global Business Travel's Chérèque Talks Tech Investment

Ever since American Express Global Business Travel shifted to a joint-venture structure with a $900 million injection from investors, it's been a burning industry question: What, exactly, is the mega going to do with all that cash? Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted April 16, 2015

Posted by: Data Hub | More by Data Hub
Posted February 19, 2015

DOJ Prevails In Antitrust Lawsuit, Amex Vows Appeal

The judge overseeing the U.S. Department of Justice's antitrust lawsuit against American Express ruled Thursday that provisions in its merchant agreements violate federal law and "constitute unreasonable restraints on trade." Read More »
Posted January 28, 2015

Posted by: Data Hub | More by Data Hub
Posted January 22, 2015

Amex Reinvests $719 Million Gain From Concur Sale

American Express reinvested portions of its $719 million pretax gain from selling its 13 percent stake in Concur into a restructuring that involves some headcount reductions, a renewed Delta Air Lines agreement, and marketing and promotional initiatives, Amex executive vice president and chief financial officer Jeffrey Campbell said Wednesday during an earnings conference call with analysts. Read More »
Posted by: JoAnn DeLuna | More by JoAnn DeLuna
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