Posted October 13, 2017

Travel Companies Face More Uncertainty Over Data Transfers From EU

The future of standard contractual clauses, a mechanism heavily used by travel service providers and other companies to lawfully transfer European Union citizens’ data to the U.S. and other countries, has been thrown into question after a ruling by the Irish High Court. The court decided Oct. 3 to ask the European Court of Justice to review whether these clauses are valid, considering the U.S. government's less stringent treatment of personal data. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted September 26, 2017

Direct Travel, ATPI Form Jointly Held Multinational TMC

Direct Travel has joined with Anglo-Dutch travel management company ATPI Group to form Direct ATPI Global Travel, a jointly held company that will focus on multinational midmarket corporate clients, the companies announced Tuesday. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted September 25, 2017

Trainline For Business Launches Single API For International Rail

U.K. domestic corporate rail booking provider Trainline for Business has marched into the product territory held by SilverRail after launching a single application programming interface for international rail. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted September 21, 2017

TMCs, Tech Companies Up Their Game In Rapidly Growing India

When Travelport signed Indian online travel agency MakeMyTrip as a customer last month, this was no ordinary client acquisition. MakeMyTrip, which serves more than 40 million active app users and Web customers, is the No. 1 OTA in a market hotter than a vindaloo curry for the global travel management and distribution industry. Read More »
Posted by: Amon Cohen | More by Amon Cohen
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
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