Barcelona-based travel management company and tech provider TravelPerk has acquired NexTravel, a Santa Monica, Calif.-based operator of travel booking and management software used primarily by small and midsize businesses in the United States, TravelPerk announced Wednesday.
Short's Travel Management has agreed to sell its corporate travel portfolio to Direct Travel, Short's Travel Management CEO David LeCompte told clients in a memo Tuesday.
The travel distribution market in China finally could open to some Western technology providers, after the European Union on Dec. 30 announced it has concluded in principle negotiations for a Comprehensive Agreement on Investment with China.
Fareportal Holdings this week filed a federal antitrust lawsuit against JetBlue Airways, alleging the airline last year expanded a distribution strategy to pull out of online travel agencies, including Fareportal brands, and "make it harder for American consumers to save money when they book air travel."
As 2020 drew to a close, it seemed unlikely that Southwest Airlines and Sabre could salvage their bare-bones basic-booking request participation arrangement set to expire on Dec. 31, let alone reach a full-participation global distribution system deal, which had eluded them for years.
The U.S. Department of Transportation last month withdrew an Obama-era initiative to review airline distribution practices with public input from industry and consumer stakeholders.
Sabre and Lufthansa Group not only have salvaged a deal to preserve traditional GDS access but this week announced a "landmark" agreement to extend the group's New Distribution Capability-based content to Sabre users.
BCD Travel president and CEO John Snyder expects the pandemic to prompt "a fair amount of consolidation" among travel management companies, especially involving small and midsize agencies, a process in which he expects his company to play a role.
Payment company Wex has completed its acquisition of eNett, the travel payment technology business majority-owned by Travelport, and another payment business, Optal, for a combined cut price of $577.5 million in cash.
American Express Global Business Travel on Monday announced a breakthrough agreement to access Lufthansa Group's New Distribution Capability-based content. The deal sets the course for NDC access through the travel management company's preferred channel: the global distribution systems.