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From Reseller To Revenue Producer: Serko Plots The Gradual Course With TMCs

New Zealand-based corporate T&E tech provider Serko has lined up the first batch of travel management companies to resell its Zeno booking system in the U.S. Signing TMCs is one thing. Getting them to produce is another.

Amadeus Eyes U.S. TMC Growth After Claiming To Outperform Flat GDS Market

Amadeus is gunning for more travel management company business in the U.S., CEO Luis Maroto told investors after announcing year-over-year revenue and marketshare gains in a flat global distribution system market for the first quarter.

Pana Takes In Funding To Double Down As Guest Travel Specialist

After wondering the travel startup wilderness for a couple years, Pana in 2017 landed on guest travel as a use case for its trip planning, booking and journey support system that blends technology with offline agents. This week, the startup announced it landed $10 million in funding to go deeper in addressing the headaches guest travelers and the companies paying for their trips face.

Buyer Group Urges Corporate Travel Industry 'To Do More' On NDC

A group of travel buyers urged airlines, global distribution systems, online booking tools, travel management companies and travel managers "to do more" to advance the New Distribution Capability standard to meet buyer needs.

Survey: Most TMCs Charge Clients Extra To Handle Nonconforming Airline Content

American Express Global Business Travel, BCD Travel and CWT in recent years have formalized client fee programs to cover the added costs of shopping, booking and servicing airline content outside global distribution systems. The three largest travel management companies aren't alone, according to a survey fielded by The Beat this month and last.

Salesforce-Based T&E Startup Aims To Crack ROI Of Travel

Corporate booking and travel management startups are ten a penny right now. But SalesTrip has a distinct point of differentiation. Launching in February 2019, the startup claims to be the first native booking and expense offering built within Salesforce, the huge customer relationship management platform with 150,000 customers of its own.

At Behest Of TMCs, IATA Adds 'Business Travel Ready' In New NDC Certification

The [email protected]'s Business Travel Ready criteria ask carriers to certify they have adopted, in their NDC-compatible application programming interfaces, more than a couple dozen messages to help the corporate channel handle NDC-based shopping, booking, payment and post-ticketing services.

More Than One-Third of Companies Bid On Travel Management Companies Every Three Years

More Than One-Third of Companies Bid On Travel Management Companies Every Three Years

CTM Concedes Misstatements On Patents And Office Locations But Slams Hedge Fund's Short Thesis

Publicly traded Australian travel management company Corporate Travel Management spent this week in damage control mode following a damning report from a hedge fund. That hedge fund has taken a short position in the company's stock and stands to gain on a fall in CTM's share price.

Short's Travel Launches Ground Transportation Management Division

Short's Travel Management this month launched a dedicated ground transportation division that specializes in bus charters.