Corporate clients regularly turn to their travel management companies for data reporting to better understand travel spending, policy compliance, supplier performance and other facets of program management. A few TMCs, including Carlson Wagonlit Travel, Omega World Travel and Travel Inc., are exploring new ways for clients to interrogate travel program data through natural language inputs, either typed in text or spoken by voice.
Instead of creating standalone portals for airlines to support business booking and rewards, NuTravel's Universal Connect product lets carriers deliver business program perks and travel management features—from preferred rates to policy—through their consumer dotcom sites.
Regarding Lufthansa’s recent announcement to charge additional fees for reservations made through the global distribution system, the corporate customer and the TMC are the two entities that will be most affected by this fee.
World Travel, Inc. this week appointed president Liz Mandarino as its new CEO, succeeding 32-year vet, founding exec and now chairman Jim Wells.
Following prepared remarks from executives on Travelport's first-quarter earnings call Thursday, CEO Gordon Wilson preempted questions on the stake that entities affiliated with activist investor Paul Singer took in the company. That investment was revealed in late March.
BCD Travel has signed and sealed a deal to acquire Knoxville-based World Travel Service Inc. and plans more acquisitions in corporate travel and meetings in the United States and abroad, CEO John Snyder told The Beat on Monday.
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