Posted March 30, 2017

Consolidation Drives Latest Wave Of Agency Declines

The number of ARC-accredited travel agencies fell nearly 4 percent from 7,162 in February 2016 to 6,905 last month, according to ARC data. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted October 12, 2015
Greg O'Hara

INTERVIEW: Certares Founder, American Express GBT Chairman Greg O'Hara

Arlington, Va.—Last year, a group led by Certares and its founder, Greg O'Hara, invested $900 million in American Express Global Business Travel, establishing a 50-50 joint venture with American Express. Now, the longtime industry power broker is chairman of American Express Global Business Travel; sits on the board of Travel Leaders, in which Certares also has invested; and is looking far and wide for more places in travel and related sectors to inject capital. Previously chief investment officer of JPMorgan Chase's Special Investments Group and managing director of JPMorgan private equity arm, One Equity Partners, he has held executive roles at Worldspan and Sabre and has sat on the boards of Carlson Wagonlit Travel, Travelport, Worldspan and others. O'Hara sat down with The Beat Editor-in-Chief Jay Boehmer at The Beat Live conference here last week for an on-stage interview. An edited transcript follows. Read More »
Posted October 8, 2015
John Snyder

INTERVIEW: BCD Travel CEO John Snyder

Arlington, Va. – Since becoming president and CEO of BCD Travel last year, 20-plus-year company vet John Snyder has overseen the mega travel management company's strategic, commercial, financial and operational direction. Last week, he sat down with David Meyer, editorial director of The BTN Group, which publishes The Beat, at The Beat Live conference here to address consolidation, client pricing, the competitive set, Lufthansa and technology investment strategy. A condensed and edited transcript of that on-stage interview follows. Read More »
Posted August 7, 2015

Lodging Association Latest To Come Out Against Expedia-Orbitz Merger

Hoteliers are imploring the U.S. Department of Justice to reject the proposed merger between Expedia and Orbitz that’s under review, claiming the deal is bad for consumers. Read More »
Posted by: Julie Sickel | More by Julie Sickel
Posted February 12, 2015

Business As Usual (For Now) As Expedia Agrees To Buy Orbitz

Expedia on Thursday announced plans to acquire Orbitz Worldwide and all of its holdings, including corporate travel agency Orbitz for Business, in a cash deal valued at $1.6 billion. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted August 11, 2014

Michael Jacques, Databasics

Consolidation in business travel technology: Going, going ... gone too far? Choices are narrowing as demand increases for new and better ways to manage business travel. Is the convenience of a single source worth it? Read More »
Posted July 23, 2014

BCD Travel On TMC Deconsolidation: 'If Anything, It's Going The Other Way'

Last month, The Beat reported an estimate from travel management company HRG that 30 percent of the global requests for proposals in which it participates end with clients making regional TMC selections instead. BCD Travel provided to The Beat figures to show the trend is moving in the opposite direction, toward global consolidation. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted September 6, 2013

Analyst: 'Can We Please Stop With This JetBlue Merger Talk?

Now that the U.S. Department of Justice cast a pall of uncertainty on the proposed American Airlines-US Airways merger, speculation has turned to a JetBlue merger as a fallback plan for either carrier. Well, according to a well-reasoned and thorough research note published Friday by Wolfe Trahan airline analyst Hunter Keay, it's not going to happen. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted June 6, 2013

Posted by: Data Hub | More by Data Hub
Posted January 25, 2012

US Air Confirms Interest in AA; Delta Mum On M&A

Both Delta Air Lines and US Airways are rumored to be exploring some sort of consolidation with American Airlines. During separate fourth-quarter earnings calls with analysts and media Wednesday, Delta management batted away all questions on the topic, while US Airways CEO Doug Parker confirmed that, yes, the carrier is exploring its options, that nothing is imminent and, although US Airways has long been a proponent of M&A, that the carrier does not "need" to participate in what may or may not Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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