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 May 7, 2015

Amadeus Booking Growth Continues To Outpace The Industry

Amadeus on Thursday reported that its share of all worldwide global distribution system air bookings during the first quarter rose 2.4 points year over year to 42.3 percent. 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 February 27, 2015

Amadeus Expects GDS Marketshare Gains To Continue In 2015

Amadeus claimed it processed during the fourth quarter of 2014 42 percent of all global distribution system bookings, raising its quarterly worldwide market share 1.4 percentage points from the last three months of 2013. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 25, 2015

Australia's Acquisitive CTM To 'Keep Buying Until We Die'

Australia's Corporate Travel Management this week told investors to expect further acquisitions in the U.S. market, or in the words of managing director Jamie Pherous, "We could keep buying until we die—and that's our plan." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 18, 2015

Virgin America Readies Dynamically Priced Seats And Ancillary Bundles

Virgin America during the next few months will add pricing-automation capabilities through its Sabre reservations system that will allow it to bundle ancillary offers and variably price premium seats, president and CEO David Cush said in the carrier's earnings call on Wednesday. Read More »
Posted February 6, 2015

Egencia Crosses $5 Billion In Gross Bookings, Eyes 'Industry Disruption' And 'Opportunistic' M&A

Expedia's corporate travel outlet Egencia reported an 11 percent year-over-year rise in fourth-quarter gross bookings, helping to lift the travel management company over the $5 billion mark for all of last year. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 5, 2015

Hotel Tonight Adapts To Meet 'Promise' Of Mobile Distribution

Since its launch in 2011, mobile app Hotel Tonight has come to epitomize the last-minute hotel booking space: a sleek presentation of same-day deals for travelers seeking same-day bookings. The company in recent months has undergone some changes to increase its appeal to business travelers. Read More »
Posted February 5, 2015

Posted by: Data Hub | More by Data Hub
Posted January 27, 2015

Sabre's Pending Purchase? All Signs Point To Abacus

Sabre appears poised to take full ownership of Singapore-based distribution system Abacus International by purchasing from a group of airlines the 65 percent stake it doesn't yet hold, according to several sources. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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