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Posted Aug 18, 2010
Rearden Commerce CEO Patrick Grady always has been highly quotable, but recently it seems his zinger machine is on high. "It's not bravado," Grady said in the midst of calling TripIt and the like just a "feature" rather than a real business. In June, he talked about how he thinks booking tools were commoditized and has since said "They're all going away." Speaking about Rearden's new partnership with Carlson Wagonlit Travel, Grady made some, well, interesting comments about his company's other big travel management company partner, American Express.
Posted Aug 13, 2010
After Rearden Commerce announced plans to provide clients access to Southwest Airlines fares and inventory, Rearden vice president of worldwide sales Tony D'Astolfo noted a "slightly" higher transaction fee than bookings on other carriers. Why? Neither company would say.
Posted Jan 15, 2010
I had some fun last week in a column with a faux New Year's resolution to get One Equity Partners' Greg O'Hara to participate in an interview. His company had declined that opportunity multiple times, I noted, which was too bad since he holds seats on the boards of several of The Beat's focus companies: Carlson Wagonlit Travel, Rearden Commerce, Travel Leaders Group and Travelport. Guess what? I saw Greg two days later at the Tzellebration (Travel Leaders) holiday party. After introducing me to some colleagues and noting that the column was fun for him too, Greg said that while he could not do an an interview, he could pen a guest column. So here's how you can help.
Posted Feb 2, 2009
Back in June I thought Glassdoor.com was "pretty cool, but not travel." However, the site has managed to build up a decent store of reviews by employees of their own companies--not to mention salary data. You can judge for yourself how valid you think the info is. Looking through the results is, at the very least, a fun ride. Here's what I found:
Posted Oct 1, 2008
Click "Patrick Grady recording" below to listen to or right-click to download the MP3 file recording of Rearden Commerce's Patrick Grady. He is introduced by Dave Hilfman of Continental Airlines and questioned by ProMedia.travel's Jay Campbell using queries submitted by readers of The Beat.
Patrick Grady recording
Follow along using this PDF: Patrick Grady questions
Rearden Commerce founder, chairman and CEO Patrick Grady
Posted Aug 20, 2008
Concur CFO John Adair during a PacificCrest investor conference earlier this month made some interesting comments about Concur's new relationship with American Express. "Our relationship that we just announced is exclusively with the corporate credit card side of the business," Adair began, repeating a statement that purports to leave room for American Express Business Travel to be "somewhat agnostic," as Adair put it, in distributing business travel booking products. He said these include "GetThere from Sabre, e-Travel from Amadeus" and Concur's "Cliqbook, even though we haven't had a formal relationship with them." Adair didn't happen to mention Rearden Commerce, in which Amex during the past 18 months made investments that give it 11 percent of the firm. Amex also now owns about 13 percent of Concur. [The numbers aren't all public, but the investment in Concur is worth substantially more.]
Posted Aug 15, 2008
One announcement that nearly drowned in the swell of press releases flowing from the National Business Travel Association convention in Los Angeles last month was TripIt's statement that its itinerary sharing solution is now integrated with Sabre's VirtuallyThere--the same itinerary product, used by Sabre agencies, whose information Sabre in February said TripIt was "not authorized" to access. In April, though, Sabre announced participation in a $5 million investment in TripIt.
Posted May 6, 2008
Interesting discussion about Rearden Commerce over on TechCrunch, whose co-editor Michael Arrington was just named by Time magazine as one of the 100 most influential people.
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