Federal contracting officials last year selected BCD Travel as the U.S. Army's travel management company for the continental United States due in part to a lower-priced bid than that of incumbent CWT, according to the U.S. Government Accountability Office's partially redacted decision to deny CWT's bid protest.
Since becoming CEO of travel management company network GlobalStar Travel Management on April 1, James Stevenson has focused on several initiatives, but "the No. 1 priority for the short term is to build the bench strength in the key driver markets," he said this week in an interview.
The U.S. Department of Defense signaled its intent to award SAP Concur the contract for its next-generation travel authorization, booking and expense management system, which would replace the aging Defense Travel System. This comes nearly three years after DOD commissioned SAP Concur to build a prototype for the Defense Travel Modernization system, in which the government since has invested $15 million and which already has been deployed among groups of DOD travelers.
Worldwide global distribution system bookings in the first quarter remained deeply depressed from 2019 levels, but improved across the quarter and into April, according to results released this week by Amadeus and Sabre. North America has been recovering faster than other regions, driven by a resumption in leisure travel.
TripActions on Wednesday announced it acquired U.K.-based travel management company Reed & Mackay, its first-ever TMC acquisition. The deal follows TripActions' $155 million Series E funding round in January.
American Express Global Business Travel has reached an agreement to acquire Egencia, the travel management company owned by publicly traded Expedia Group. The proposed deal would see Expedia Group become a shareholder in Amex GBT.
Delta Air Lines and Sabre on Monday announced a new multiyear "value-based" distribution agreement that represents an "industry-first model." Delta said the deal departs from a "commoditized" global distribution system pricing structure and, at the same time, promotes how the carrier wants to be presented and sold in third-party channels.
Airbus subsidiary Skytra is aiming to tear up the rule book for how corporate clients buy fares from airlines.