ARC on Tuesday announced it has taken a majority stake in NuTravel, an airline technology provider that brings managed travel elements like policy management and negotiated rates into airline direct channels. The deal puts an exclamation point on ARC's "omnichannel" strategy, some pieces of which already had been revealed.
Direct Travel this week announced it acquired Cleveland-based travel management company Professional Travel, its latest deal since launching an aggressive travel agency roll-up plan. "I think we're up to 45 or 46 since I started this in 2011," Direct Travel CEO Ed Adams this week told The Beat.
Travel management company AmTrav has launched a new travel booking website, Qtrip, designed for travelers, particularly business travelers, who are shopping for airfares with criteria beyond price, according to AmTrav CEO Jeff Klee.
SAP Concur on Jan. 23 will shut down the Hipmunk consumer metasearch site and its related Concur Hipmunk offering targeted at small businesses, the company announced Tuesday.
Mega travel management company CWT in the second quarter will begin to replace its eight-year-old online booking tool and associated mobile application in the Chinese market with a rebuilt proprietary system.
Corporate Travel Management landed its first U.S. travel agency acquisition in well over three years when in the closing days of December it inked a deal to acquire Texas-based Corporate Travel Planners, effective Jan. 1.
Business spend management software company Coupa has acquired Yapta, a provider of airfare and hotel price assurance technology, the companies announced Tuesday.
Flight Centre Travel Group's FCM Travel Solutions on New Year's Eve inked a deal to take an undisclosed minority stake in corporate travel startup Shep. The deal adds to the Australia-based agency group's investments in and strategic partnerships with corporate travel tech entrants, including Upside and 30SecondsToFly.
The exclusive deal Travelport struck with Air India in 2018 took effect at the turn of the year, the company confirmed, making it the sole global distribution system operator that has access to Air India's domestic content in the carrier's home market.