Posted October 19, 2018

TravelPerk Will Spend War Chest To Win Critical Three-Year 'Race For Market Share'

Not content with having raised $21 million in Series B investment in April 2018, new-gen travel management platform TravelPerk has successfully passed the hat around a second time in the same year. The company announced this week that it has drummed up Series C funding of $44 million, backed by technology investors such as Kinnevik, Yuri Milner and Tom Stafford. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted September 24, 2018

Lufthansa Group To Pull Some Fare Types From GDSs

Effective Oct. 9, Lufthansa Group will remove its Light brand of economy fares and Business Saver business class fares entirely from the three major global distribution systems in the German market. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted May 22, 2018

Corporate Travel Incentivization Attracts Startup Funding But Mixed Reactions From Travel Pros

Tech companies that help travel programs incentivize employees to book at lower prices have been attracting fresh funding. TripActions announced $51 million of Series B financing in March, and Rocketrip won $15 million of Series C financing in April. Those follow TravelBank's $25 million Series B funding last year for its travel booking and expense technology that also promotes a rewards program for travelers who beat budgets. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted May 18, 2018

BA Slaps Down Agency Card Payments

The International Air Transport Association amended Resolution 890 in November to allow agents to pay carriers with cards in agencies' own names "if permitted by the airline." Such permission is not coming from the largest European carriers. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted May 14, 2018

GDPR: The Questions That Matter Now For Corporate Travel

The European Union's General Data Protection Regulation takes effect May 25, and its writ extends globally to any business handling the personal data of EU citizens. As in other commercial sectors, companies in corporate travel are trying to understand the precise implications for how they operate, how they must comply, the cost of compliance and whether they even need to take notice. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted March 5, 2018

Business Travel Direct Becomes First Traxo Marketplace TMC, Still Committed To Concur

U.K.-based Business Travel Direct has become the first travel management company to participate in Traxo Marketplace, which integrates travel data aggregator Traxo with other service providers to manage off-channel bookings. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted March 1, 2018

U.K. TMC CTI Will Bring In NDC Content With New Online Booking Tool

On April 1, U.K.-based travel management company CTI will introduce a white-labeled version of the Atriis online booking and content aggregation system. Called Plannet, the tool will pipe in supplier content via application programming interfaces, global distribution systems and online travel agencies. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted February 9, 2018

Hogg Robinson To Sell HRG To Amex GBT, And Fraedom To Visa

Two of the world’s largest travel management companies are set to merge after American Express Global Business Travel offered up to £410 million to buy Hogg Robinson Group. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted January 18, 2018

IATA One Order 101: What It Is And What It Means For Travel Distribution

The International Air Transport Association's New Distribution Capability may appear to be the great disruptor sweeping through travel distribution, but arguably an even larger revolution is following. IATA's One Order initiative aims to digitize order management in the same way NDC has digitized offer management. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted November 27, 2017

IATA Airlines Agree To Lift Ban On Agency Card Payments

International Air Transport Association member airlines will collectively allow accredited travel agents to pay for tickets with their own payment cards for the first time. Read More »
Posted by: Amon Cohen | More by Amon Cohen
LinkedIn Twitter Facebook
overlay-close Close