The Dutch subsidiary of multinational travel management company ATPI and its former managing director, Willem Starink, have been convicted in the Amsterdam District Court on criminal charges of issuing forged invoices from 2010 to 2012 that concealed fare markups for two clients, the Dutch Ministry of Security and Justice and the Dutch Central Bank.
The ever-changing patchwork of entry and quarantine requirements and in-destination restrictions related to Covid-19 has given rise to a cottage industry of specialists trying to keep pace with and extend up-to-date pandemic information to corporate travel players.
Voting remains open to help The Beat determine our keynote speaker at The Beat Live and select the recipients of our annual Readers' Choice awards.
As Covid-19 cases rise and travel restrictions expand, credit ratings agency Standard & Poors last week revised downward its recovery outlook for global airline traffic and revenue. S&P joined others, including Fitch Ratings and the International Air Transport Association, in issuing bleaker guidance on the airline sector in recent weeks.
The Beat is excited to present a record number of pitches from an array of industry voices competing to deliver a keynote address when our 13th annual The Beat Live goes virtual on Dec. 10.
SAP Concur is rolling out a new pricing model effective next year for resellers of its Concur Travel booking tool, according to several travel management companies. The adjusted per-transaction pricing for TMCs is tiered and accounts for the number of transactions they processed in 2020, a severely depressed transactional year for anyone in the agency sector.
Amadeus and Sabre on Friday each reported deeply depressed year-over-year booking and revenue trends in their distribution businesses. Yet, each saw improvements from the second quarter, when airline cancellations had outpaced new bookings and dragged net bookings into negative territory.