Posted December 18, 2015

CTM Buys Again With Montrose Travel Acquisition

Australia-based Corporate Travel Management acquired 60-year-old California-based agency Montrose Travel for a "base consideration" of $34.3 million, the companies announced Friday. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 9, 2009 - Danbury, Conn.

Blanco Introduces Next-Generation Travel Data System

Rock Blanco and his team at Prime Numbers Technology have unveiled the second generation of their Travel GPA data analytics tool. Read More »
Posted by: David Jonas | More by David Jonas
Posted December 18, 2007 - New York City

TMCs Balk at $1.25 Fee for Southwest Segments in Galileo

Several notable Travelport clients are refusing to sign on to a program in which sources said Galileo would charge $1.25 for each segment booked on Southwest Airlines, as part of the participation deal the pair announced in May. That program is at the vanguard of the movement to shift global distribution system costs from suppliers to users, and these travel management company executives are putting up a not-so-secret resistance.

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Posted by: Jay Campbell | More by Jay Campbell
Posted November 17, 2006 - New York City

LETTERS

There was a lot of feedback regarding this week's commentary on Worldspan, including a voicemail in which a Worldspan employee suggested that rather than saying "Worldspan is screwed," our column should have noted that, "Worldspan's em-ployees are screwed." Echoing some of the additional sentiments below, the caller said chairman, president and CEO Rakesh Gangwal has "done nothing but fill his pockets with cash" since joining the company. Other responses follow:

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Posted November 1, 2006 - Danbury, Conn.

INTERVIEW: TMC Exec Joe McClure

Since purchasing Montrose Travel with his sister and wife in 1990--when it was booking $4.5 million in travel--CEO Joe McClure organically grew the southern California agency to 150 employees and expects gross booking volume of around $105 million this year. Celebrating the company's 50th anniversary, McClure spoke last week with The Beat's David Jonas about distribution technology and TMC competition for small and medium-size corporate accounts. An excerpt follows.

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