Posted October 22, 2018

Airline Analyst Calls Agency Commission Growth 'Alarming'

United Airlines during its quarterly earnings call last week reported double-digit-percentage growth in corporate revenue on a year-over-year basis. With revenue come selling and distribution costs, and Wolfe Research analyst Hunter Keay seized on one of them: the "alarming" growth in commissions paid to travel management companies. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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 October 18, 2018 - Atlanta

Roundtable: Buyers Talk Partnerships, Booking, TMCs And Startups

At The Beat Live this month, EAB VP of business solutions Steven Mandelbaum sat down with his fellow corporate travel buyers for the annual Buyers' Table session. Anthem's Cindy Heston, FINRA's Carol McDowell, Evercore's Jason Ring and KBB Partners' Mira Rosenzweig joined for a lively discussion on travel management company relationships, exploring new booking technologies and testing the waters with startups. Read More »
Posted by: The Beat | More by The Beat
Posted October 11, 2018

Consumer-Led GDS Lawsuit Fails To Secure Class Action Status, Sabre Holds Out On Settling

A consumer-led federal antitrust lawsuit filed in 2015 against the three major global distribution system operators has not achieved the class action status originally sought by plaintiffs, according to a court order this month. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted October 5, 2018 - Atlanta

The Beat Announces 2018 Readers' Choice Winners

Readers of The Beat chose Delta Air Lines as the Most Admired Airline, as well as Supplier of the Year, two honors the carrier has been awarded for seven consecutive years. For the second year in a row, BCD Travel was named Most Admired Travel Management Company. The Beat presented its annual Readers' Choice awards here at the 11th annual The Beat Live. Read More »
Posted by: The Beat | More by The Beat
Posted October 4, 2018

The Beat Research: Today's Corporate Travel Agent

The Beat published research this week to uncover the challenges they face, their daily demands, what motivates them, which technologies they use, how their performance is assessed and how they view their position in the market. Read More »
Posted by: Chris Davis | More by Chris Davis
Posted October 1, 2018

American Airlines' Cory Garner Will Stay With The Carrier After All

When American Airlines VP of sales and distribution strategy Cory Garner in July revealed plans to retire from the airline at the end of the year, he noted: "I’m sure you haven’t heard the last from me." Indeed, we haven't. Garner has reversed his decision to take a voluntary package from the airline. Instead, he has chosen to remain in his current role. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted September 28, 2018

Groupize Adds More TMC Resellers And Partners

Groupize has signed about 45 TMCs as resellers of its technology for venue sourcing, room block management, attendee management, registration, approvals and data and reporting on "simple" meetings. Among the dozens listed on the company's site are BCD Travel, Christopherson Business Travel, Travel and Transport and Travel Leaders Corporate. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted September 25, 2018

FAA Bill Spares TMCs From New Customer Service Requirements

The U.S. House and Senate in recent days reached a bipartisan, final agreement on the FAA Reauthorization Act of 2018 to fund the Federal Aviation Administration for five years and set forth a variety of provisions on airport infrastructure, airline safety and even airplane seat sizes. There is some relief for corporate travel agencies buried in the bill, which is widely expected to go into law. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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
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