Posted September 18, 2017

European Air Payment Is In Flux On Multiple Fronts

The Beat reported this month that airline members of the International Air Transport Association will vote in November on whether to accept travel agencies' own payment cards for tickets. It's one of several major issues transforming how travel management companies handle air payments, especially in Europe. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted September 1, 2017

M&A Redraws Map Of Radius Travel Participation

In a "typical" year, Radius Travel adds between four and six members to its multinational network of travel management companies and sees three to five agencies depart, said Radius Travel CEO Shannon Hyland. This, it would seem, is not a typical year. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted August 22, 2017

CTM On Acquisitions: 'They're Getting Bigger'

Corporate Travel Management made its last U.S. acquisition more than a year ago when it picked up Boston-area travel management company Travizon. That was on the heels of its purchase of California-based Montrose Travel. While the Australian company is busy integrating those U.S. buys, CTM's appetite for acquisitions in North America and other markets is hardly sated, CTM managing director Jamie Pherous said this week. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted August 17, 2017
Billy McDonough

INTERVIEW: FCM President For The Americas Billy McDonough

The Beat caught up with FCM Travel Solutions president for the Americas Billy McDonough to discuss FCM's growth ambitions, acquisitions and technology. An edited transcript follows. Read More »
Posted July 28, 2017

Amadeus: GDS Air Bookings Slowed In Second Quarter

Worldwide airline bookings transacted on the Amadeus global distribution system rose 2 percent year over year to 141 million during the second quarter, slowing sharply from the first quarter's 9 percent year-over-year growth rate. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 25, 2017

Reed & Mackay Expands Through M&A And Partners, Private Equity At Its Back

In August 2016, private equity firm Inflexion invested in London-based travel management company Reed & Mackay to drive organic growth, fund acquisitions and expand internationally. In the months that followed, the TMC made good on a couple of agency deals, including the acquisition of Chicago's Gray's Travel Management, and has more in the pipeline. Reed & Mackay also recently repositioned its network of international TMC partners and plans closer cooperation with them. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 11, 2017

Travel And Transport Buys U.K.-Based Statesman Travel

Travel and Transport has acquired London-based travel management company Statesman Travel Group. Read More »
Posted by: Julie Sickel | More by Julie Sickel
Posted April 11, 2017

Direct Travel's Largest Deal Yet Shows Global Ambitions

Announcing a merger agreement Monday, U.S.-based travel management company Direct Travel and Canada's Vision Travel took "the first step towards a shared strategy to build a global company." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted April 3, 2017

Radius Enlists Leisure-Focused mTrip For Multinational App Development

Global travel management company network Radius Travel has signed a partnership with Montreal-based mobile services provider mTrip to build an app for multinational clients of Radius. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted December 2, 2016

Lufthansa Angers Travel Agents Over Debit Memos On Unflown Returns

Some Dutch travel agents are refusing to accept what they said is a flurry of agency debit memos Lufthansa has issued in recent weeks on round-trip tickets where the return leg was unused by the passenger. Read More »
Posted by: Amon Cohen | More by Amon Cohen
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