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 17, 2018

GDS Surcharges, Agent Incentives, Lower Fares: Lufthansa Tries It All For NDC Adoption

Through the end of the year, the Lufthansa Group will offer a 1 euro per-segment incentive for travel agencies in the U.K. and Ireland that book through its Farelogix-powered SPRK point-of-sale application, the group announced. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 16, 2018

WhereTo Gets Funding To Chase Large Corporates With Booking, TMC Service

WhereTo began as a leisure startup that helped would-be vacationers decide where to travel based on air and hotel budgets. When founder and CEO Ryan Wenger demoed the concept at South by Southwest a couple years ago, it caught the eye of a travel buyer from a large corporation. That's when everything changed. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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 May 11, 2018

Shep Browser Extension, Which Polices Web Shopping, Starts Small, Unmanaged

With a recent round of seed funding, Shep is finding its footing in business travel. The Austin-based startup has built a browser extension, compatible with Google Chrome, that tracks traveler interactions on public travel websites, highlights in-policy options and pulls in booking confirmations for tracking and reporting. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 10, 2018

Amadeus Shakes Up Executive Roles In North America

Amadeus this year has restructured its executive organization in North America. Several C-suite leaders in the region—including CEO, chief marketing officer and COO—have or are in the midst of departing. Those C-level roles in North America no longer exist as part of a broader reorganization. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 9, 2018

Who Pays? NDC's Evolution Can't Shake The Question

Who foots the bill for the International Air Transport Association's New Distribution Capability? The question has elicited plenty of debate at recent industry events but little clarity. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 4, 2018

Amadeus Reports 'Strong' GDS Bookings, But Western Europe Falls On Share Shift

Total first-quarter bookings processed through Amadeus' global distribution system rose 3.4 percent year over year to 177 million, as airline bookings rose nearly 4 percent to 160 million and non-air bookings increased 1 percent to 17 million. The Spain-based travel distribution and IT company reported its own air booking growth was in line with total GDS industry levels, according to its quarterly earnings report Friday. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 3, 2018

Travelport Quiet On Activist Investor As Q1 Revenue Rises, GDS Segments Fall

Following prepared remarks from executives on Travelport's first-quarter earnings call Thursday, CEO Gordon Wilson preempted questions on the stake that entities affiliated with activist investor Paul Singer took in the company. That investment was revealed in late March. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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