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Executive Travel Tests TMC Model Based On No Fees, Data Transparency And Blockchain

Executive Travel CEO Steve Glenn has set his sights on "zero/zero," as in $0 in fees for online bookings and $0 for offline bookings. He thinks he's found the path, and it involves a financial model tied to client revenue performance, blockchain-based smart contracting and data access that gives transparency to each side.

BA Parent Seeks 'Structural Change,' Calls GDS Relationships 'Not Sustainable'

British Airways parent International Airlines Group soon will reveal plans to reshape participation in major global distribution systems, likely opting out of full content provisions and changing the terms on which it distributes fares and related content in the travel agency and corporate channels.

Travelport Sees Sustained Softness In U.S. Market

Like Sabre, Travelport reported softness in U.S. global distribution system bookings during the third quarter, especially for corporate travel. While Sabre said strength built in the first month of the fourth quarter, Travelport CEO Gordon Wilson doesn't see evidence of improvement.
INTERVIEW: Amex GBT EVP Mike Qualantone Talks IAG Deal

INTERVIEW: Amex GBT EVP Mike Qualantone Talks IAG Deal

British Airways and Iberia are asserting more control over which agencies can secure, via global distribution systems, full fare content and waivers of their booking surcharge, which will take effect next month. American Express Global Business Travel is among the travel management companies that have entered into a new arrangement with the International Airlines Group airlines to waive the surcharge, assure sustained access to fares and inventory and, via the GDS channel, set the course for upgraded connectivity. Amex GBT EVP of global supplier relations Mike Qualantone caught up with The Beat editor-in-chief Jay Boehmer to discuss IAG's distribution model.

THIS WEEK

Mega TMCs Tout Social Responsibility Cred With Ecovadis Ratings

Last August, BCD Travel announced it was the first travel management company to reach an Ecovadis gold rating, recognizing its corporate social responsibility credentials. This April, Carlson Wagonlit Travel announced its own Ecovadis rating went from silver to gold. American Express Global Business Travel, meanwhile, reached silver this year.

Big Difference In European, U.S. Approaches To Sustainable Travel Policy

Big Difference In European, U.S. Approaches To Sustainable Travel Policy

Evercore Equity Analysts See Huge Competitive Advantages For Amadeus, Downgrade Competitors

Evercore ISI equity analysts this week upgraded the outlook for Amadeus but lowered outlooks for its primary competitors: Sabre and Travelport.

New Hotel Booking Tools Incorporate Sustainability Components

Two European hotel booking tools are bringing sustainability practices to the moment of booking.

ARC Data Show Uneven Corporate Trip Volumes In Q4

The number of trips processed by business travel agencies and settled through ARC during the fourth quarter fell 2.6 percent year over year. The quarter was jagged, with a year-over-year decline in trip volume in October, a year-over-year uptick in November and another fall in December. Despite unevenness in the ARC figures, major U.S. airlines said business travel demand strengthened after the U.S. presidential election and continued into 2017.