Buying power. Economies of scale. Geographic, servicing or technology capabilities. Evolving customer needs. Financial rescue. Each of these have factored into the recent round of travel management company consolidation, according to executive remarks at the BTN Group's Business Travel Show America virtual conference this week.
The U.K. Competition Appeals Tribunal on Friday dismissed Sabre's challenge of the U.K. Competition & Markets Authority's decision to block its proposed Farelogix acquisition, which collapsed last year amid the U.K. regulator's intervention and cleared the way for Farelogix's acquisition by Accelya.
In its ongoing drive to cut costs, Qantas next year will cut front-end base commissions paid to travel agencies for most international tickets to 1 percent from 5 percent, according to the carrier. Qantas said the new commission structure would take effect July 1, 2022, "giving time for the industry to adapt."
New Zealand-based travel booking and expense software provider Serko for the fiscal year ending March 31 reported travel booking volume plummeted 63 percent year over year as Covid-19 dealt its blow.
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.