Posted December 14, 2016

CTM Bulks Up In The U.K. With Redfern Acquisition

Australia-based Corporate Travel Management announced plans to acquire U.K.-based Redfern Travel and Tasmania-based Andrew Jones Travel. In conjunction, the publicly traded travel management company issued a new share purchase option to eligible shareholders to raise A$71 million to fund the deals. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted October 19, 2016

Deem Buys Hotel Sentiment Engine Olset

Deem has acquired hotel travel technology provider Olset, Deem president and COO John Rizzo announced today during The Beat Live conference in Chicago. Read More »
Posted by: Julie Sickel | More by Julie Sickel
Posted August 16, 2016

World Travel Becomes First Travel Company To Join Privacy Shield Data Protection Framework

Travel management company World Travel has become the first business in the travel sector to appear on the U.S. government's list of companies that have joined the European Union-U.S. Privacy Shield Framework. U.S. companies adhering to Privacy Shield self-certify they are transferring personal data of European Union citizens to the United States in compliance with EU law. The European Commission approved the framework on July 12. It succeeds Safe Harbor, which the European Court of Justice ruled invalid in 2015. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted March 11, 2016

HRG, A Few Corporate Clients Among Lufthansa Direct Connect Partners

Lufthansa Group and Hogg Robinson Group are working on a direct connection so the travel management company's clients can avoid the airline group's €16 fee on global distribution system bookings. The agreement extends to Hogg Robinson Group's travel and expense technology division, Fraedom, Lufthansa announced. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted March 9, 2016

Executive Travel Plans Bespoke, Branded Mobile Apps For Each Client

In November, Nebraska-based travel management company Executive Travel placed its first mobile application, Executive Travel On The Go, in Apple and Google app stores. Going forward, however, each of the TMC's corporate clients may come to know it as something different: The agency's mobile strategy lets each client customize the branding and features of the app. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 3, 2016

EasyJet Evolves TMC Sales Approach, Adds Sales Staff

EasyJet added five people to its sales staff, tasked with engaging more directly with travel management companies in Europe. The move is part of an evolving sales strategy for the United Kingdom-based airline, whose uncommon distribution approach and low-cost roots require it to do some handholding with TMCs. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted January 7, 2016

Direct Travel Flips To Another Private Equity Owner

Private equity firm Silver Oak Services Partners sold its equity stake in Direct Travel to Boston-based Abry Partners last month. The transaction came roughly four years after Silver Oak took ownership of Direct Travel and backed an aggressive travel agency roll-up, led by Direct Travel CEO Ed Adams. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 20, 2015

Egencia-Orbitz For Business Integration Underway

During a company earnings call late last month, Expedia CEO Dara Khosrowshahi said the bulk of the work integrating its recent Orbitz acquisition would occur "over the next nine months," but some business lines, including Orbitz for Business, would be "pushing out to a year or more." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 19, 2015

Amex GBT Chairman Talks Investment, Competitive Position At Phocuswright

The question has been asked time and again since American Express Global Business Travel took a large cash injection and shifted to a joint-venture structure: Where does the investment go? Company executives have highlighted major buckets of spending, including broad technology plans, and chairman Greg O'Hara addressed the question at The Beat Live conference last month. At the Phocuswright conference in Hollywood, Fla., this week, O'Hara called out plans to ramp up acquisitions and improve fundamental technology during an on-stage interview with Phocuswright managing director Tony D'Astolfo. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted October 30, 2015

After One Year, DiLeo Leaves Altour, But Growth Strategy Intact

Ron DiLeo departed New York City-based travel agency Altour a year after he took on the role of executive vice president and chief commercial officer. He has shifted his attention to a medical application start-up he cofounded, Twin Bridge Technologies, and is reviving his consulting business, In the Black. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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