ARC appointed longtime industry consultant, entrepreneur and data specialist Scott Gillespie as head of ARC analytics. He officially took his spot last week to develop ARC's data strategy and create new products and services.
United Airlines, airline settlement clearinghouse ARC, a large corporate client of United and travel blockchain entrant Blockskye have completed a proof of concept to examine reporting and settlement through a blockchain ledger for flights booked on the airline's website.
Each new year brings a new outlook, and by measures both anecdotal and numerical, corporate travel demand is off to a strong start in 2019. This is on top of what has proven to be a healthy 2018 for corporate travel demand.
The number of electronic miscellaneous documents processed through ARC has been declining on a year-over-year basis for much of the past half year. This followed several years of astounding growth rates, albeit from a very low base. ARC CEO Mike Premo said the rise of basic economy fare products, which restrict the purchase of ancillary add-ons, is a major factor.
The paper airline ticket died last week after more than a decade-long battle with obsolescence and failing health. Nearly 100 years old by some accounts, the paper ticket is survived by the e-ticket.
The number of ARC-accredited travel agencies fell nearly 4 percent from 7,162 in February 2016 to 6,905 last month, according to ARC data.
The number of trips settled through ARC by business travel agencies and accredited Corporate Travel Departments rose 2.4 percent year over year during the first six months of 2017.
Well-known industry veteran and The Beat Live's long-serving master of ceremonies Dave Hilfman is bound to retire at the end of the year from his post as United Airlines SVP of worldwide sales.
Southwest Airlines plans to relaunch its Swabiz corporate booking portal late next year, now that the airline has completed a years-long effort to swap out its core passenger services system, chief revenue officer Andrew Watterson said last week during the ARC TravelConnect conference in Washington D.C.
The number of business trips settled through ARC during the third quarter fell 2 percent year over year.