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U.K. Acquisition Gives Ovation First Non-U.S. Location

Ovation Travel Group has acquired London-based travel agency Chartwell Travel for an undisclosed sum, representing Ovation's first wholly owned location outside the U.S., the company announced Monday.

Travelport Claims A GDS First With NDC Flight Transaction

A U.K.-based travel management company last week transacted a flight booking on Travelport's Smartpoint point-of-sale system in accordance with the International Air Transport Association’s New Distribution Capability standard. Travelport claimed to be the first major global distribution system to do so.

Travel And Transport Buys U.K.-Based Statesman Travel

Travel and Transport has acquired London-based travel management company Statesman Travel Group.

Amex GBT-HRG Acquisition Set To Close Next Week

American Express Global Business Travel expects to complete its acquisition of Hogg Robinson Group on July 19 after European Union regulators cleared the deal on Friday.

Airbnb's Growing Share Of London's Lodging Market

Airbnb's Growing Share Of London's Lodging Market

FCM Parent Shells Out A Few Million To Own Mobile Destiny

If it wasn't already clear that Sam was a fundamental piece of Flight Centre's corporate traveler-facing technology offering, take note that the Australian travel agency conglomerate last month paid 4.2 million Australian dollars ($3 million U.S.) to take full ownership of the developer behind Sam, its mobile in-trip management system.
INTERVIEW: CWT Chief Data Scientist Eric Tyree

INTERVIEW: CWT Chief Data Scientist Eric Tyree

Carlson Wagonlit Travel this year brought Eric Tyree onboard as chief data scientist, a role he'd previously had at U.K.-based professional services company Capita. During an Association of Corporate Travel Executives conference in London this month, The Beat's Michael B. Baker spoke with Tyree about his role and how the mega travel management company plans to transform services for travelers and travel managers by reshaping its approach to data.

TravelPerk Will Spend War Chest To Win Critical Three-Year 'Race For Market Share'

Not content with having raised $21 million in Series B investment in April 2018, new-gen travel management platform TravelPerk has successfully passed the hat around a second time in the same year. The company announced this week that it has drummed up Series C funding of $44 million, backed by technology investors such as Kinnevik, Yuri Milner and Tom Stafford.

Tripbam In, TripRebel Out For European Hotel Shopping Tech

Both Tripbam and TripRebel have targeted the corporate market with software that re-shops booked hotels for better deals. The former is expanding into Europe with a London office and expanded language, content and currency capabilities. The latter recently went insolvent.

Reed & Mackay Expands Through M&A And Partners, Private Equity At Its Back

In August 2016, private equity firm Inflexion invested in London-based travel management company Reed & Mackay to drive organic growth, fund acquisitions and expand internationally. In the months that followed, the TMC made good on a couple of agency deals, including the acquisition of Chicago's Gray's Travel Management, and has more in the pipeline. Reed & Mackay also recently repositioned its network of international TMC partners and plans closer cooperation with them.